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US: Games market climbs by 43 per cent in ‘07

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US: Games market climbs by 43 per cent in ‘07

Reaches $17.94 billion, with console hardware sales rocketing by 73 per cent

The US video games industry is sky-high following news of a bumper 2007 that saw total video game related sales for the year hit $17.94 billion – an increase of 43 per cent compared to the $12.53 million hit in 2006, according to figures from NPD.

Breaking the sectors down, video games hardware sales climbed by 54 per cent to reach $7.04 billion, with console hardware within that climbing 73 per cent to $5.12 billion. Portable games hardware sales valued $1.92 billion.

Software sales hit $8.64 billion, an increase of 34 per cent compared to 2006.

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MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

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