Sales of PS4 and Xbox One in the US are declining faster than expected, according to a report from market analysts NPD Group.
Spending on hardware was down 35 percent this January compared to the same period in 2019. Likewise, total spending across all gaming hardware, software, accessories, and game cards saw a drop by 26 percent compared to last year.
“An interesting takeaway from the US NPD report is that PS4 and XB1 hardware sales in Jan 2020 are considerably lower than PS3 and 360 were in Jan 2013,” writes Niko Partners analyst Daniel Ahmad over Twitter. “Next-gen consoles are around the corner but both are declining sharper than expected. Switch continues to remain steady.”
An interesting takeaway from the US NPD report is that PS4 and XB1 hardware sales in Jan 2020 are considerably lower than PS3 and 360 were in Jan 2013.
Next gen consoles are around the corner but both are declining sharper than expected.
Switch continues to remain steady. https://t.co/tBfiJVvJRd
— Daniel Ahmad (@ZhugeEX) February 14, 2020
He attributes the decline to a combination of multiple factors, including the fact that both PlayStation 4 and Xbox One systems have “held at current price points for a number of years,” as well as the “impact of early announcements for PS5/XSX with [backward compatability]”.
A recent shift to HD gaming across multiple devices could also have affected sales, he adds, as well as the number of high-profile triple-A delays from Cyberpunk 2077 to The Last of Us 2.
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