NPD: Video Game Spending Flat in Q1 at $3.5 Billion7 Jun, 2013 By: Erik Gruenwedel
Total consumer spending on video games in the first quarter (ended March 31) totaled $3.5 billion, which was equal to the $3.5 billion spent during the previous-year quarter, according to new data released by The NPD Group.
In addition to the $1.37 billion spent by U.S. consumers on new physical video and PC game software during Q1, total consumer spending on other physical forms of content (used and rental) reached $559 million, and content in the digital format (full-game and add-on content downloads, subscriptions, mobile games and social network games) generated $1.59 billion.
“Digital spending fully offset the declines in physical format spend in Q1,” Liam Callahan, industry analyst with The NPD Group, said in a statement. “There is strong growth in full-game downloads and downloadable add-on content sales across consoles, PCs and portables, up a combined 25% in the first quarter of this year.