First Quarter Video Game Sales Surpass $10 Billion In Sales

In a time where the cinemas are closed down and there's no public sporting events for the average person to attend, forms of entertainment have been primarily narrowed down to video streaming services and gaming. The NPD Group has reported Friday that consumer spending on video games has reached a record $10.86 billion in the first quarter of 2020, an increase of 9% from a year ago.

"The last 3 weeks of March had a remarkable influence on the quarterly numbers. Consumer spending experienced a dramatic positive shift in this period compared to the prior weeks." - Mat Piscatella

Top sellers in the first quarter of 2020 in include Animal Crossing New Horizons for the Nintendo Switch, topping out at 13.4 million units sold since its launch on March 20th, with 50% of those being digital. "As a result, many more consumers are purchasing the title than we had initially expected," Nintendo President Shuntaro Furukawa said. "And since this phenomenon has led to many consumers purchasing new hardware, I think a key topic for this fiscal year will be how to recommend a second or third title to them, and how we can leverage our already-released titles in doing so."

As of April 22nd, Doom Eternal's digital sales have topped an estimated 3 million sold, including over 700,000 copies sold on Steam. Fortnite pulled in a reported $44 million dollars in April and $632.2 million dollars since being launched on the Google Play Store. Amidst the controversy regarding loot boxes and gambling mechanics, NBA 2K20 saw a total of 8 million units sold, which was an increase over last year's game. Other peaking sales included Minecraft (that's tremendous staying power) MLB The Show, and Dragonball Z Kakarot. 

The Nintendo Switch has become a hot commodity, leading all hardware sales during COVID-19 and raking in $773 million in this first quarter.

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