The NPD Group recently released a new report highlighting some of the ups and downs that took place within the American gaming space in October. Overall, there was very little change in terms of money spent on video games last month.
In October, U.S. consumers spent $4.3 billion on video game software, hardware, and accessories, which signifies little to no change when compared to 2021. Software spending increased by 2% to reach $4 billion while hardware spending was down 10%.
In terms of full-year spending, 2022 is actually going to be tough for the video game industry. Total spending is down 7%. Hardware sales have decreased by 2%. That number jumps to 8% for software sales.
Elden Ring is still the best-selling video game of the year for the time being. However, Call of Duty: Modern Warfare II is rocketing up the charts, emerging as the second-best-selling game of the year despite being released late last month. In turn, it should be no surprise that MWII was October’s best-selling game in the United States.