Video game sales experienced explosive growth in January 2018. Newly released data shows overall sales were 59% higher than compared to January 2019. Sales growth can’t be attributed to one great title, either; hardware and accessories are selling just as much as software.
In fact, hardware sales experienced the biggest growth, with a jaw-dropping 119% increase over last year’s figures. Over one million consoles flew off of shelves, with sales revenue almost dead even between the PlayStation 4, Nintendo Switch and Xbox One. Although Sony’s PS4 was the most profitable, the Nintendo Switch made up for its lower price point with the highest number of actual sales.
As reported by Forbes, software sales hit $517 million. In January 2017, they were less than $400 million. Some of this growth was driven by new releases in two long-standing franchises: Monster Hunter: World and Dragon Ball: FighterZ. Other top-selling games included familiar staples like Grand Theft Auto V, Call of Duty: WWII and The Sims 4.
Even console-specific titles showed up in the list of the twenty best-selling games of January 2018. Nintendo’s Mario Kart 8, The Legend of Zelda: Breath of the Wild and Super Mario Odyssey all placed in the top ten.
It’s unclear if these high sales number are due to Christmas stragglers picking up late gifts, gamers accepting the holiday sales season is over or other factors. What is clear is that the gaming industry continues to grow, with both newcomers like the Nintendo Switch and long-running staples like GTA V attracting gaming revenue.