U.S. Video Game Sales Drops by 25%
Last month sales of video games, hardware and accessories fell by 25% in the U.S according to market research NPD Group. It is believed that the fall is due to a decline in demand for aging game consoles and fewer new games launched compared to last year.
According to NPD video games sales were at $386.3 million, down from $517 million in May 2012. However, Microsoft and Sony are preparing to launch new consoles later this year and consumers may be waiting until these become available.
Hardware sales also dropped 31% from $96 million to $139 million. Software sales fell by 31% as well down to $175.1 million. Last month’s best-selling game was “Injustice: Gods Among Us” from Warner Bros. Interactive. It was followed by Activision Blizzard’s “Call of Duty: Black Ops II”.
The sale of gaming accessories fell 6% to $115.3 million.
It is expected that the decline will continue in June and July. However, things are expected to change in August with the launch of the next “Madden” game from EA, “Grant Theft Auto V” from Take-Two Interactive Software and other blockbuster game releases.