The NPD has released its February 2022 report covering video game hardware, software, and accessory sales in the US.
According to the NPD, February 2022 consumer spending across video game hardware, content, and accessories fell 6% year-over-year (yoy) to $4.4 billion. Declines were experienced across the board, but hardware showed the largest yoy decline. Year-to-date spending reached $9.1 billion, a 4% decrease when compared to the same period in 2021.
Hardware dollar sales fell 27% yoy to $295 million with year-to-date dollar sales declining 5% yoy to $685 million. The decline can be attributed to continued supply constraints.