NPD: U.S. video game spending hit $4.3 billion in October as hardware sales fell 10% year-over-year

The NPD Group has released a new report on the top-selling titles, consoles and accessories in the United States for October 2022. Call of Duty Modern Warfare 2 was the primary driver of gaming content revenue growth, while hardware sales were down year-over-year.

Key points to remember

  • According to the NDP Matt PiscatelleUS gamers spent a total of $4.3 billion on games, hardware and accessories last month, the same amount as October 2021.
  • However, console sales fell 10% year over year to $424 million, and gaming accessories sales fell 8% to $148 million.
  • The PlayStation 5 was the top console last month by unit and dollar sales, the Xbox Series X | S placing second.
  • This decline in hardware was partly offset by a 2% growth in video game content revenue (premium video game sales, DLC, microtransactions, etc.), which reached $3.7 billion last month. .
  • Console and PC player spending saw a double-digit percentage increase, thanks to the launch of Call of Duty: Modern Warfare 2, which generated $1 billion worldwide in just 10 days.
  • It’s worth noting that year-to-date spending in the video game industry is down 7% from this point in 2021. NPD cites lower mobile and hardware revenue as the primary reason.

Best-selling video games

  • Ring of Elden remains the highest-grossing premium title of 2022 looking at year-to-date numbers.
  • Earlier this year, NPD said FromSoftware’s blockbuster was is expected to become the best-selling game of the yearbecoming only the third title since 2009 to dethrone Call of Duty.
  • However, Modern Warfare 2 is taking the charts by storm right now. Although it was released on October 27, it has already become the second best-selling game of 2022 since the start of the year.
  • It is followed by LEGO Star Wars: The Skywalker Saga, Madden NFL 23and Pokemon Legends: Arceus (excluding digital sales).
  • Looking at revenue by platform, Mario + Rabbids: Sparks of Hope was the top game on Nintendo Switch by dollar sales last month. It is followed by Bayonet 3 and Personas 5.
  • Call of Duty: Modern Warfare 2 became the highest-grossing title on PlayStation in October, followed by Gotham Knights and FIFA 23.
  • Modern Warfare 2 was also the best-selling game on Xbox, followed by Gotham Knights and Madden NFL 23.

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