The holiday season is a big time for consumer spending as parents treat their children to the hottest new consumer goods on the market. The 2020 holiday season coincides with the release of two next generation video game consoles - the PlayStation 5 and the Xbox Series X/S. As a result, consumer spending on video games in November and December of 2020 is expected to hit 13.4 billion U.S. dollars, an increase of 24 percent on the previous year.
Consumer spending on video games during the holiday period in the United States in 2019 and 2020
(in billion U.S. dollars)
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NPD Group. (October 12, 2020). Consumer spending on video games during the holiday period in the United States in 2019 and 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/317565/per-capita-spending-digital-physical-video-games-usa/
NPD Group. "Consumer spending on video games during the holiday period in the United States in 2019 and 2020 (in billion U.S. dollars)." Chart. October 12, 2020. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/317565/per-capita-spending-digital-physical-video-games-usa/
NPD Group. (2020). Consumer spending on video games during the holiday period in the United States in 2019 and 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/317565/per-capita-spending-digital-physical-video-games-usa/
NPD Group. "Consumer Spending on Video Games during The Holiday Period in The United States in 2019 and 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Oct 2020, https://www.statista.com/statistics/317565/per-capita-spending-digital-physical-video-games-usa/
NPD Group, Consumer spending on video games during the holiday period in the United States in 2019 and 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/317565/per-capita-spending-digital-physical-video-games-usa/ (last visited June 29, 2022)
