Video game hardware shortage continues to plague the industry • The Toy Book
Call it deja vu, but the US video game industry faces a next level it just can’t beat: the global supply chain.
According to The NPD Group, video game hardware sales fell 27% in February 2022 to lead to an overall decline of 6% for the industry last month. Decreases were seen in all major categories of consumer spending on video games, including content, accessories and hardware.
Year-to-date video game spending has already fallen 4% from 2021 as continued shortages of video game hardware, including Sony’s Playstation 5, Microsoft X|S and Nintendo Switch, continues to fuel a ripple effect of lower retail sales.
It’s a familiar story, but Nintendo Switch – the most available of current systems – led sales in February and remains the best-selling platform by unit sales this year. Playstation 5 leads the year in total dollar sales.
“February 2022 was the first time February spending has declined year-over-year since the start of the pandemic, in this case by 2.5%,” says NDP video game analyst Mat Piscatella. , “While this is a sign of the pandemic-fueled surge in spending across mobile games as a whole pullback, there is still cause for optimism in the category, which has seen a healthy influx of successful launches and Highest paying new titles despite the global cooldown.
The Top 10 console games of February 2022:
- Ring of Elden (Bandai Namco Entertainment)
- Horizon II: Forbidden West (Sony)
- Pokemon Legends: Arceus (Nintendo)
- Dying Light 2: Stay Human (Square Enix)
- Total War: Warhammer 3 (SEGA)
- Call of Duty: Vanguard (Activision Blizzard)
- Madden NFL 22 (Electronic Arts)
- Mario Kart 8 (Nintendo)
- FIFA 22 (Electronic Arts)
- Minecraft (Various)