With more and more people staying home during COVID-19 lockdowns, spending on video games is jumping to heights not seen in more than a decade. The NPD Group has released its report for US video game industry sales in May, and they were huge.
Total spending on video games in the US during May 2020--covering hardware, games, and accessories--reached $977 million. That is up 52 percent compared to May 2019. According to the NPD, May 2020's $977 million was the highest for a May month since May 2008 ($1.2 billion).
Year-to-date, total spending on video games in 2020 reached $5.5 billion, which is up 18 percent. This represented the highest year-to-date spending since 2011 ($5.7 billion).
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US Video Game Industry Just Had Its Best May Since 2008; Top 20 Best-Selling Games Announced
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