Video Game Spending in U.S. Hit $5.6B in March Amid Soaring Hardware Sales

hollywoodreporter.com:

Total video game spending in the U.S. across hardware, content and accessories reached $5.6 billion in March, per the NPD Group.

This is a record for the month and 18 percent higher when compared to a year ago. Industry analyst Mat Piscatella indicates in the report that dollar sales of video game hardware hit $680 million, 47 percent higher than a year ago and another March record.

Meanwhile, year-to-date hardware spending totaled $1.4 billion, an increase of 81 percent compared to a year ago. As previously speculated, the PlayStation 5 console — which has only been on the market for five months — is the fastest selling console in U.S.