360° Coverage : Americans Will Spend $20.5 Billion On Video Games In 2013

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

Americans Will Spend $20.5 Billion On Video Games In 2013

Dec 20 2013, 1:24am CST | by

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...

Filed under: news

 
 
 

38 weeks ago

Americans Will Spend $20.5 Billion On Video Games In 2013

Dec 20 2013, 1:24am CST | by

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

 
Update
2

2 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workforce of 20,000 by ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

2 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<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

How corn plants defend against pathogen attack
Washington, Sep 14 (IANS) Researchers from the North Carolina State University have identified crucial genes and cellular processes that appear to control the so-called hyper-sensitive defence response (HR) in corn.
 
 
EU finance ministers call for more investments to stimulate growth
Milan (Italy), Sep 14 (IANS) More investments were the only way for the European Union (EU) to accelerate its too slow recovery, finance ministers agreed at the Ecofin meeting held in Italy's Milan Saturday.
 
 
Climate change to increase pests in coffee crops: Expert
Bogota, Sep 13 (IANS/EFE) Pests and diseases such as coffee berry borer, coffee rust and leaf spot disease could make a strong comeback due to drastic climate change, a scientist has warned.
 
 
Heart drug could be cure for Ebola: British experts
London, Sep 13 (IANS) Researchers at the University of Liverpool have made a breakthrough that can lead to a cure for the deadly Ebola virus currently sweeping through West Africa, media reports said.
 
 
 

Latest from the Network

Indian bags second spot at pageant
Quito, Sep 14 (IANS) Goa-based model Gail Nicole Da Silva was placed second in the Miss United Continent 2014. The first spot went to Dominican Republic's Geisha Montes De Oca and Venezuela's Wi May Nava stood third....
Read more on Celebrity Balla
 
Sporting held to 1-1 draw by Belenenses
Lisbon, Sep 14 (IANS) Sporting Lisbon were held to a 1-1 draw by Belenenses in the fourth round of the Portuguese football league at the Alvalade Stadium here. Brazilian striker Deyverson scored in the 28th minute...
Read more on Sport Balla
 
Jessie J photoshops cellulite marks
London, Sep 14 (IANS) British singer Jessie J says she erased traces of the unsightly wrinkles from her legs on the cover photo for her latest album "Sweet Talker". The singer appears in nothing but a pair of black...
Read more on Celebrity Balla
 
What's new about Foo Fighters's new album?
Los Angeles, Sep 14 (IANS) Rock band Foo Fighters's bassist Nate Mendel says that their new album "Sonic Highways" isn't as traditional as their other records. In an interview with NME magazine, Mendel has spoken out...
Read more on Celebrity Balla
 
Most US college students dependent on smartphones: Study
New York, Sep 14 (IANS) Nearly 75 percent of the college students in the US are dependent on smartphones while one in five consider themselves to be "lost" without the device, says a study. While 86 percent said they...
Read more on Celebrity Balla
 
Three Big Bash League teams fined
Melbourne, Sep 14 (IANS) Cricket Australia (CA) Sunday announced that KFC Big Bash League teams, the Hobart Hurricanes, Brisbane Heat and Sydney Sixers, have each been fined for breaching the competition's Player...
Read more on Sport Balla
 
Seven killed in US drone strike in Pakistan
Islamabad, Sep 14 (IANS) At least seven suspected militants were killed in a US drone strike along the Pakistan-Afghanistan border, media reported Sunday. The attack was carried out at the border along the South...
Read more on Politics Balla
 
How corn plants defend against pathogen attack
Washington, Sep 14 (IANS) Researchers from the North Carolina State University have identified crucial genes and cellular processes that appear to control the so-called hyper-sensitive defence response (HR) in corn....
Read more on Apple Balla
 
Zenit continue winning run after beating Dinamo
St. Petersburg, Sep 14 (IANS) Russia's Zenit St. Petersburg overcame a stiff challenge from second-placed Dinamo Moscow to extend their lead to six points at the top of the Russian Premier League after a 3-2 thriller...
Read more on Sport Balla
 
Australia to send military forces to Middle East
Canberra, Sep 14 (IANS) The Australian government Sunday decided to send military forces to the Middle East as part of the international efforts to combat the Islamic State (IS) militants. Prime Minister Tony Abbott...
Read more on Politics Balla