US Gaming Hardware Sales Sink 29%, Driven by Console Shipment Slump

U.S. video game hardware spending fell 29% year-over-year to $282 million in July.

This marks the lowest monthly total for July since 2020, according to market research firm Circana.

Console unit shipments dropped 39% during the period.

The average price for a console climbed 16% to $542.

Nintendo Switch 2 unit sales fell 51% compared to its launch period last year.

Xbox Series unit sales decreased by 18%.

PlayStation 5 unit sales dropped 6%.

PlayStation 5 led the market in dollar sales for the month.

The Nintendo Switch 2 sold the highest number of units.