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Despite the Q1 declines compared to a year ago, the U.S. video game market continues to trend well above pre-pandemic levels. Reasons for the Q1 decline likely related to return to experiential spending, lack of available new generation hardware, and the Q1 2021 stimulus comp.pic.twitter.com/6LnPoPkkve
Nintendo Switch sold the most units of hardware during Q1 2022 in the U.S., while Xbox Series led hardware in total consumer spending. Elden Ring was the best-selling premium game of the quarter in dollar sales.
In content, subscription was the leading growth segment with mid-single digit percentage consumer spending gains when compared to a year ago. Look for more details from the Q1 2022 Games Market Dynamics report that will be coming soon.
Who was #2 in terms of $ spent ?
Glad you mentioned the Q1 2021 stimulus. That had been on my mind as a potential driver as well. How do you measure something like that? Or is it just intuition?
That particular stimulus very likely hit gaming, apparel, few other discretionary categories. Simplest way is green line go boom in March 2021 in that chart. But of course, there are other ways to arrive at that hypothesis with the data.
Imagine touching grace on the Switch OLED
Switch is #2 revenue in Q1 right?
Your tweet was quoted in an article by kotakuhttps://kotaku.com/nintendo-switch-lite-oled-chip-shortage-fy-2022-sales-p-1848906080 …
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