NPD Estimates Game Sales to reach $5.9 Billion in first quarter

July 12, 2011, By Christian Davis

Research firm NPD estimates that consumers spent $5.9 billion on videogames in the first quarter of 2011, a 1.5 percent increase from last year during the same time frame. As much money as that is, the numbers are compared to 2010 which is the second consecutive year to see declines in consumer spending on videogames.

Analyst Anita Frazer states that the new physical retail channel(games that come in a box) still make up the majority of the industry sales and the firm “tries to get a good grip on digital sales.” NPD estimates the total spent on “used games, game rentals, subscriptions, digital full-game downloads, social network games, downloadable content, and mobile games” to be $1.85 billion during the first quarter. That’s a lot of Angry Birds.

Even though this is an increase, It’s the first in three years and several companies are being whit with all the layoffs. What’s missing from the industry? Innovation? Unique IPs? The lack of games? Who really knows, but we’ll take an increase as a positive and not as a glass half full sort of thing, despite certain people thinking adult gamers are weird.

© 2008-2012 DeviceMag.com - All rights reserved | Privacy Policy