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US Video Game Spending Dropped 5% in January 2023

Modern Warfare II was the top-selling game of the month, and PS5 was the best-selling console.

The new data from NPD Group reveals that US consumers spent a total of $4.3 billion on video games, gaming hardware, and accessories in January 2023 which represents a decrease of 5% compared to the same period last year, marking the first time the country's video game market experienced a year-on-year decline since September 2022.

The major part of last month's revenue (87%) was made up of sales of game content (including full video game sales, both physical and digital, DLCs, and subscription consumer spending across multiple platforms) which reached $3.79 billion, down 5% from January 2022.

The top-selling game in the US in January was Call of Duty: Modern Warfare II. It was followed by the recently-released Dead Space remake and Madden NFL 23. The top-5 list also includes FIFA 23 and another new title, Fire Emblem Engage.

Hardware sales in the US were nearly flat – they slightly grew from $392 million in January 2022 to $393 million in January this year. The PlayStation 5 was the best-selling console of the month in terms of both unit sales and dollar sales, followed by Nintendo Switch which ranked second across both measures. 

Meanwhile, video game accessories sales saw a year-on-year decline of 14% reaching $165 million. Sony's DualSense Wireless Controller Midnight Black for PS5 was the top-selling accessory in January in terms of dollar sales.

You can find NPD Group's data here and see the full list of top-selling video games here. Also, don't forget to join our 80 Level Talent platformour Reddit page, and our Telegram channel, follow us on Instagram and Twitter, where we share breakdowns, the latest news, awesome artworks, and more.

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