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"PlayStation 5 and Xbox Series hardware each achieved double-digit percentage gains in consumer spending during the quarter, while new premium releases such as FIFA 23, Madden NFL 23, NBA 2K23 and Splatoon 3, among others, saw strong sales and engagement. Unfortunately, this increase wasn't enough to offset lower content spending from a light release slate and macro factors impacting the video game consumer," said Mat Piscatella, games industry analyst at The NPD Group. "Improved supply of new generation consoles provided a much-needed boost to consumer spending in the third quarter. PlayStation 5 led video game hardware in both unit and dollar sales in the third quarter of this year. Hardware increased 16% and accessories declined 12%.Īmong the best-selling and most played games across all platforms in the third quarter were Among Us, Angry Birds 2, Bingo Blitz, Call of Duty: Warzone, Candy Crush Saga, Candy Crush Soda Saga, Clash of Clans, Coin Master, FIFA 23, Fortnite, Grand Theft Auto V, Madden NFL 23, Mario Kart 8, Minecraft, NBA 2K23, Pokémon GO, Roblox, Splatoon 3, The Sims 4 and Xenoblade Chronicles 3.
Overall content spending in Q3 reached $10.64 billion, a 7% decrease over Q3 2021. mobile game revenue will surpass 2021 levels, worsening headwinds have firmly shifted the conversation away from the question of by how much." While there is still a decent chance this year's U.S. Spending on mobile games is declining much more than it is for games that typically require less active engagement, like social slots games.
"Midcore games that require longer or continued playing sessions are being pinched by reductions in discretionary time and money to spend on mobile games. continues to decline as consumers contend with both economic uncertainties and a new post-pandemic normal," said Dennis Yeh, gaming insights lead at Sensor Tower.
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