2023-08-29 12:54:10
Market analyzes are regularly carried out in the video game industry and today it is a market analysis in the United States carried out by Circana (NPD) which reveals sales forecasts for 2023. The results indicate growth expected to grow by around 3% over the previous year, with an estimated market of around $58.3 billion by the end of the year.
A growing market, but low performance for Xbox?
This Circana study published by Gameindustry.biz reviews many sectors related to video games.
Sales of PS5 consoles are showing promise, surpassing those of the PS4 with an increase of around 5%. However, on the Xbox Series X|S side, the situation is less favorable, with sales down 10% compared to Xbox One sales in the same period, and even a 6% delay on Xbox 360.
The PS5 is expected to remain the market leader in hardware sales until at least 2025. At the same time, subscription fatigue is starting to set in, causing spending to stagnate at around $400 million per month. in total.
The last notable mention in this analysis is that the Nintendo Switch eventually surpassed Wii’s lifetime sales, marking a significant milestone in the Japanese console’s continued success.
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