X

TheFeed

Over $2 Billion Spent On Video Game Content In U.S. Between April And June 2012

G4TVLeah

Posted August 8, 2012 - By Leah Jackson

How To Spend $100 On Video Games

Over $2 billion has been spent on video game content in the U.S. between April and June 2012 according to the Q2 2012 Games Market Dynamics: U.S. report and The NPD Group.

Specifically, the retail console market earned $1 billion, while the used and rental business brought in $386 million. Yet it was digital content that brought in the big bucks. Content in digital formats, which includes full games, content downloads, subscriptions, mobile games, and social network games, generated $1.47 billion.

“In the second quarter of this year, sales of content in a digital format have grown 17 percent over Q2 2011," said Anita Frazier, industry analyst, The NPD Group.

However, even though digital sales were up, the decline in sales in new software and hardware lead to an overall drop in consumer spending in Q2 by 16 percent, according to the NPD group.

Compared to Europe, where similar research was done in the UK, France, and Germany, physical retail sales came in at $243 million while digital content generated $983 million.

“While many European acquisition trends in the second quarter of 2012 mirrored those we saw in the U.S. due to seasonality, Europe differed from the U.S. in terms of softer mobile spending, but greater stability in rental trends," said Anita Frazer.

She continued, "Growth in full-game and add-on content downloads in the second quarter is surprisingly similar as the content behind this increase is suitable to both markets.”

From these numbers it seems as though digital isn't the future, it's happening right now. Are you excited for the revolution?

Have something to share? Sitting on a news tip? E-mail me. You can also follow me on Twitter! 

Over $2 Billion Spent On Video Game Content In U.S. Between April And June 2012
http://www.g4tv.com/thefeed/blog/post/726766/over-2-billion-spent-on-video-game-content-in-us-between-april-and-june-2012/
http://cache.g4tv.com/ImageDb3/285004_S/how-to-spend-100-on-video-games.jpg
BlogThread_726766

ADVERTISEMENT

Blog Tags

g4tv.com
  • International Sexy Ladies Show: Messy Cat Fight

    Posted: January 27, 2010

    644,696 Views | 00:49

  • Sara Underwood's Naked Bike Ride

    Posted: June 22, 2011

    1,316,284 Views | 05:20

  • Laser Snake Robots, More Mars Rovers and BigDog Is Back

    Posted: September 25, 2012

    1,290 Views | 03:00

  • NBA 2K13 Launch Trailer

    Posted: October 4, 2012

    5,601 Views | 01:53

  • Casual Vomiting - Web Soup Investigates

    Posted: March 30, 2011

    7,570 Views | 02:52

AdChoices