$5.9 billion spent on video games in first quarter of 2011

The latest report on the state of the console, PC and video game industry in the US has been released. According to VG247.com, a new study by The NPD Group said that $5.9 billion was spent in the US in the first quarter of 2011 on the game industry. That is a small 1.5 percent sales increase from the same period a year ago.

That number includes $2.03 billion that was spent on the more traditional physical console and PC games in brick and mortal retail stores. Another $1.85 billion was spent on used games, game rentals, digital downloads of full game titles, mobile games, downloadable content items, social networking based games and game subscriptions.

Much has been made in the game industry about how other revenue streams are starting to take hold to replace lost revenue from sales of physical console and PC games. In a statement, NPD Group's Anita Frazier states:

"While the new physical retail channel still generates the majority of industry sales, our expanded research coverage allows us to assess the total consumer spend across the growing number of ways to acquire and experience gaming, including mobile apps and downloadable content."

It's likely that the number of downloadable games will continue to increase in the months and years ahead. That's likely one of the reasons why publisher Electronic Arts decided to restart its online store as Origin earlier this year and make certain games via download as exclusive to Origin such as the downloadable version of Star Wars: The Old Republic.

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14 Comments

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SHS said,
Someone dosen't know how do math there is 2.01 billion missing on that list

No, $1.21 billion is missing. Do your math right.

Anooxy said,

No, $1.21 billion is missing. Do your math right.


That wrong and d4diesel rigth it should be 2.02 my bad

Mohitster said,
"Videogames games" in the title?? Am I reading it right?

We at the Department of Redundancy Department do our best to get the message across to our readers

/Our readers need reminders as to what they are reading
//This is the DRD signing off
///Good bye

Stup0t said,
Yes but if you add the lost sales due to piracy this would have been $125 billion.
Is that a real number or am I missing the joke? anyway, I think the number of lost sales would be really low cos pirates wouldn't have bought the game anyway.

epk said,
Is that a real number or am I missing the joke? anyway, I think the number of lost sales would be really low cos pirates wouldn't have bought the game anyway.

It's a joke based on how entities like the RIAA, MPAA and others like to inflate what they think they would have made if everyone who illegally copied their material were to have paid them instead

/Which, as you pointed out, is a load of bullocks
//Which is the joke

Sraf said,

It's a joke based on how entities like the RIAA, MPAA and others like to inflate what they think they would have made if everyone who illegally copied their material were to have paid them instead

/Which, as you pointed out, is a load of bullocks
//Which is the joke

Alright. On the net, you never know