U.S. video game spending fell 6% y/y in February, says Circana

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U.S. video game spending fell 6% y/y in February, says Circana

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Circana analyst Mat Piscatella said that February 2025 projected U.S. consumer spending on video game hardware, content and accessories declined 6% when compared to the same period a year ago, to $4.5...

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Spending so far this year is 11% lower than 2024 year-to-date, at $9.0B. Video game content spending in February fell 4% vs YA, to $4.0B. Subscription growth of 9% was offset by declines in Mobile of 4% and full game and add-on content across both Console (-11%), and PC, Cloud and Non-Console VR (-4%). February video game hardware spending fell by 25% when compared to a year ago, to $256M. This is the lowest February total for video game hardware spending since the $184M reached in February 2020. Sony‘s (SONY) PlayStation 5 was once again the best-selling hardware platform of the month across both units and dollars. Xbox Series (MSFT) ranked 2nd in both measures. After each platform’s first 52 months in market, PlayStation 5 unit sales exceed PlayStation 4’s sales pace by 7%, while Xbox Series now trails Xbox One by 19%. Accessories spending in February declined by 8% vs YA, to $220M. Year-to-date accessories spending is now 18% behind 2024’s pace. 2025 year-to-date consumer spending on Gamepads has declined 17% compared to a year ago, while Headset/Headphone spending has fallen 25%. The PlayStation Portal base model was again the month’s best-selling accessory in consumer spending. The PS5 Portal Remote Player Midnight Black ranked 3rd overall, while the PS5 DualSense Edge Wireless Controller Midnight Black placed 5th. Publicly traded companies in the space include Electronic Arts (EA), GameStop (GME), NetEase (NTES), Nintendo (NTDOY), Take-Two (TTWO), Tencent (TCEHY) and Ubisoft (UBSFY).\nLight Up your Portfolio with Spark:\n\nEasily identify stocks' risks and opportunities.\n Discover stocks' market position with detailed  competitor analyses.\n\n\nPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>\n\n\nSee the top stocks recommended by analysts >>\n\n\nRead More on SONY:Questions or Comments about the article? Write to editor@tipranks.com \n \nGame On: Analysts see Nintendo Switch 2 priced at $400 or more\nFord (NYSE:F) Bolsters its Digital Services With New Hire\nUbisoft announces ‘Tom Clancy’s Rainbow Six Siege X’ update, out June 10\nSony Announces Share Buyback Program to Enhance Shareholder Value\nIs Discord Ready to Chat with Investors About an IPO?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}