Americans Will Spend $20.5 Billion On Video Games In 2013

Dec 20 2013, 1:24am CST | by

Americans Will Spend $20.5 Billion On Video Games In 2013
Photo Credit: Forbes Business

Revenues from the sale of video games in the United States will reach $20.5 billion for 2013, with the majority of sales generated digitally and not in stores, according to gaming research firm Newzoo.

In a new report released Thursday, Newzoo said that 65% of all U.S. game revenues, amounting to $13.3 billion, are generated digitally through gaming on consoles, PCs, smartphones and tablets. Approximately 31% of revenues,  or $6.4 billion, come from retail sales of new boxed games, and approximately 4% from sales of pre-owned games.

Retail game sales are expected to be down 10% from 2012, but that’s a significant improvement compared to a 21% decline from 2011 to 2012, according to the firm. Digital revenue growth will be up 18%, making total U.S. game market revenue up 2%.

Other highlights from the report:

• 170 million American consumers play video games, and 60% of them spend money to do so. That’s 100 million paying gamers with an average monthly spend of $16.50. Only China boasts more paying gamers, but at half the average spend.

• Tablet gaming is America’s fastest growing market segment, with a global compound annual growth rate towards 2016 of 47.6%. Android devices are rapidly catching up on Apple’s iOS, but Apple still leads the market and will so at least through 2014.

• Over 40 million American gamers play on all four screens: TV, computer, phone, and tablet/handheld. Only two years ago this number was at 30 million gamers. Only China and Spain have a higher share of gamers that use all four screens.

Want to know how a pen-and-paper role-playing game gave birth to the video game industry? Order my book, Of Dice and Men: The Story of Dungeons & Dragons and The People Who Play It. And follow me on Twitter, Facebook or Google +.

Also on Forbes:

Mario Through The Ages

Source: Forbes Business

 
 
 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Labor Day Sales Deliver Strong Car, Fashion and Electronics Deals
Labor Day Sales Deliver Strong Car, Fashion and Electronics Deals
The first Labor Day Sales 2015 have already launched. Car dealers fully embrace Labor Day sales as they want to clear out inventory. Deals on clothing, matrasses and smaller electronics are also worth considering.
 
 
Facebook M is a Hybrid Personal Digital Assistant inside Messenger
Facebook M is a Hybrid Personal Digital Assistant inside Messenger
M relies on artificial intelligence and human assistance.
 
 
iPhone Users get 30 Day Free Samsung Galaxy Trial
iPhone Users get 30 Day Free Samsung Galaxy Trial
Samsung tries everything to get new customers. Now iPhone user can test a new Galaxy smartphone 30 days for free.
 
 
Microsoft released 3rd Windows 10 Updates with KB 3081438
Microsoft released 3rd Windows 10 Updates with KB 3081438
Microsoft's release schedule for Windows 10 updates is fast paced. The company released three updates within 2 weeks.