Video Game Industry 2014 Performance Review

-

A look back at the financial performance for the video game industry in 2014 saw the end of a multi-year losing streak in terms of sales, but a more detailed breakdown shows there’s not much cause for celebration.

According to The NPD Group, hardware and software sales in the United States raked in $13.1 billion, a one percent increase over sales in 2013. While this is just a small bump, it is the first time the industry has seen an overall sales increase since 2008.

Of course the increase is directly attributed to a boost in sales from the release of new consoles, with more players purchasing the Sony PlayStation 4 and Microsoft’s Xbox One. Hardware sales alone totaled $5.07 billion, a 20 percent increase from 2013. While The NPD Group does not disclose console sales, Microsoft issued a statement (citing NPD data) that the Xbox One was the industry’s best-selling system. This can likely be attributed to a major price cut during the holiday season.

While 2014 saw a good performance in console sales, software sales from brick-and-mortar retailers fell short overall. Game purchases for the year totaled $5.3 billion, a 13 percent drop compared to last year. In the month of December, a hot time for video game sales, the industry saw a 2 percent decrease in sales compared to 2013.

Call of Duty: Advanced Warfare is the best-selling game of 2014.
Call of Duty: Advanced Warfare is the best-selling game of 2014.

Despite a lackluster year for the industry as a whole, it wasn’t a bust for everyone. Call of Duty: Advanced Warfare topped the charts in December, as well as for the entire year. The title beat out other favorite franchise entries Grand Theft Auto V and Madden NFL 15. The Nintendo exclusive Super Smash Bros. fell in at the number 4 spot for the month of December, and the number 6 spot for the year overall in terms of sales. The full breakdown for game sales for the entire year is as follows:

  1. Call of Duty: Advanced Warfare
  2. Madden NFL 15
  3. Destiny
  4. Grand Theft Auto V
  5. Minecraft
  6. Super Smash Bros.
  7. NBA 2K15
  8. Watch Dogs
  9. FIFA 15
  10. Call Of Duty: Ghosts

It should be noted that The NPD Group does not disclose actual sales figures, nor does it account for used game products, rentals, or digital sales.

 

Source
Source

Latest news

The Steam Summer Sale Has Begun!

Must read

CHECK 'EM OUT
RELATED POSTS