U.S. Video Game Sales Hit Record $10.5 Billion in 200516 Jan, 2006 By: Kurt Indvik
Retail sales of video game hardware software and accessories jumped 6 percent in the U.S. in 2005 to a record $10.5 billion, compared to $9.9 billion generated in 2004, according to figures reported last week by the NPD Group.
Portable gaming drove the growth, leaping 42 percent to $1.4 billion in 2005. Game Boy Advance programs made up 52 percent of total sales, reports said.
The console business was down, however, in 2005. Sales for console hardware, software and accessories was down 3 percent, 12 percent and 8 percent, respectively, according to the NPD Group. Reasons given for the downturn included software delays and hardware shortages, especially of Microsoft's new Xbox 360, and consumers holding off purchases in anticipation of new consoles coming this year from Sony and Nintendo.
Electronic Arts' Madden NFL 06 for PlayStation 2 was the most popular title of the year in units sold, followed by Nintendo's Pokemon Emerald for GBA and Sony's Gran Turismo 4 for PS2.