Connect with top gaming leaders in Los Angeles at GamesBeat Summit 2023 this May 22-23. Register here.
Gamers spent $3.4 billion on both physical and digital games in the first quarter, according to market researcher NPD Group.
Consumers spent nearly half of that amount, $1.5 billion, on PC and console games in physical stores. Meanwhile, they spent $525 million on used and rental games and $1.38 billion on digital games, including content downloads, subscriptions, mobile games, and social network games. The numbers show that digital games are very close to exceeding physical retail game sales.
“The declines in the physical market for new physical software are well documented,” said Anita Frazier, an industry analyst for The NPD Group. “But a broader view of the games industry shows that other physical content sales, the combination of used and rental, declined by just 5 percent and digital format content sales grew by 10 percent as compared to Q1 2011. While the growth in digital format sales does not yet offset the declines in physical format sales, clearly the changes occurring within the industry are reflected in the trends we are seeing in the research.”
GamesBeat Summit 2023
Join the GamesBeat community in Los Angeles this May 22-23. You’ll hear from the brightest minds within the gaming industry to share their updates on the latest developments.
Research in the United Kingdom, France, and Germany shows that consumers spent $300 million on used and rental games and $959 million on digital games in the first quarter.
“Relative to the spend in the U.S., we find that the consumer spend on mobile games is still developing in the three European countries we are covering, while the spend on full game and add-on content digital downloads and subscriptions is more highly developed,” said Frazier.
GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Discover our Briefings.