Video Game Sales Reached $43.4 Billion in 2018

Video Game revenue have grown by 18%

By Grayshadow, Posted 22 Jan 2019

2018 was a great year for video games, with titles such as God of War, Marvel's Spider-Man, and Red Dead Redemption 2 impressing in both sales and critical scores. According to the ESA and NPD video game sales have reached a record $43.4 billion in 2018.

Video Games,NoobFeed,

According to the press release, hardware, including peripherals, have grown 15% from 2017 to 2018 and software, including subscriptions, have grown by 15%.

“The impressive economic growth of the industry announced today parallels the growth of the industry in mainstream American culture,” said acting ESA President and CEO Stanley Pierre-Louis. “Across the nation, we count people of all backgrounds and stages of life among our most passionate video game players and fans. Interactive entertainment stands today as the most influential form of entertainment in America.”

“2018 was another record setting year for the U.S. video game industry as consumer spending jumped 18 percent to over $43 billion. Whether it was playing on the go on a mobile device or at home on a PC or console, consumers of all ages and interests found compelling content that delighted in 2018,” said Mat Piscatella, video games industry analyst, The NPD Group. “Console, PC, and mobile platforms all saw significant growth, while developing portions of the market like subscription and streaming services gave us a peek into a future full of possibilities for the industry and gamers.”

This is impressive, especially for those who grew up with early consoles such as NES and Atari. Video games have continued to grow to other fields as well, with professional players now being recognized as athletes.

Adam Siddiqui, NoobFeed
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General Information

Platform(s): PS4
Publisher(s): Sony
Developer(s): Insomniac Games
Genres: Action-Adventure
Themes: Marvel
Release Date: 2018-09-07

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