Xbox One and PS4 sales are “on a record-setting pace,” video game revenue grew almost 20% in 2017 according to the NPD Group

Today the NPD Group and Entertainment Software Association (ESA) released their data collected during 2017, and it looks like the games industry is booming. Overall, U.S. video game revenue grew 18% to $36 billion last year compared to $30.4 billion in 2016. Not only that, but one NPD analyst has stated that the Xbox One and PlayStation 4 sales are still on a record-setting pace (VentureBeat 1, 2, 3, 4).

Revenues contributing towards the $36 billion include all sales of hardware, peripherals, software (physical and digital when shared by the publisher), and in-game purchases. According to the NPD Group, last year also saw an 11% increase in spending.

The full results from 2017 are as follows:

  • Total: $14.59 billion (up 11 percent from $13.18 billion in November 2016)
  • Hardware: $4.71 billion (up 28 percent from $4.71 billion)
  • Console software: $6.39 billion (up 6 percent from $6 billion)
  • PC software: $275 million (down 20 percent from $342 million)
  • Accessories and gamecards: $3.22 billion (up 2 percent from $3.14 billion)

While the Nintendo Switch certainly dominated the industry in 2017, it was also a good year for Xbox as well. Though Sony’s PS4 has outsold Microsoft’s Xbox One over its lifetime by tens of millions of units—Microsoft no longer shares specific hardware sales numbers—the Xbox One outsold the PlayStation 4 last month in December, and it looks like its sales are on a record-setting pace combined with the PlayStation 4 according to NPD analyst Mat Piscatella.

“Combined sales of PlayStation 4 and Xbox One continue on a record-setting pace,” said Piscatella. “Over the first 50 months in market for each console, the combined hardware installed base of the PlayStation 4 and Xbox One now exceeds that of the PlayStation 3 and Xbox 360 by 18 percent, and that of the PlayStation 2 and Xbox by 4 percent.”

In addition, the NPD Group revealed the 10 best-selling games in the United States in 2017.

  1. Call of Duty: WWII
  2. NBA 2K18
  3. Destiny 2**
  4. Madden NFL 18
  5. The Legend of Zelda: Breath of the Wild*
  6. Grand Theft Auto V
  7. Tom Clancy’s Ghost Recon: Wildlands
  8. Star Wars: Battlefront II**
  9. Super Mario Odyssey*
  10. Mario Kart 8*

* Digital sales not included
** PC digital sales not included

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