Skip to main content

2005 U.S. Video Game Sales Record

Propped up by a strong portable games market that offset declines in the console market, U.S. retail sales of video game hardware, software and accessories grew 6 percent in 2005 to a record $10.5 billion, according to sales data published by market research firm NPD Group.

Game titles for handheld consoles generated more than $1 billion for the second year in a row, while console game title sales saw a 12 percent decline from 2004. Sales of handheld console hardware were up 96 percent in 2005 -- fueled by the release of the Sony PSP and Nintendo DS -- while Nintendo's Game Boy Advance continued to lead the segment, with 64 percent of handheld game sales.

"The real story for 2005 was the incredible expansion of portable gaming. The GBA continued to realize stellar sales, and the introduction of the DS and PSP to the market brought older gamers to the portable format," said NPD analyst Anita Frazier. Strong handheld hardware sales were offset by a 3 percent decline in the sales of PlayStation, Xbox and GameCube consoles.

The top five console/handheld game titles of 2005, ranked by units sold, were "Madden NFL 06" for PlayStation 2 (Electronic Arts); "Pokemon Emerald" for Game Boy Advance (Nintendo); "Gran Turismo 4" for PlayStation 2 (Sony Computer Entertainment); "Madden NFL 06" for Xbox (Electronic Arts); and "NCAA Football 06" for PlayStation 2 (Electronic Arts). Separately, NPD announced that U.S. PC game sales were down 14 percent in 2005, to $953 million. The top-selling PC games of 2005 included Vivendi's "World of Warcraft"; Electronic Arts' "The Sims 2"; and NCsoft's "Guild Wars."

Popular posts from this blog

Industrial and Manufacturing Technology Growth

In an evolving era of rapid advancement, market demand for innovative technology in the industrial and manufacturing sectors is skyrocketing. Leaders are recognizing the immense potential of digital transformation and are driving initiatives to integrate technologies into their business operations.  These initiatives aim to enhance efficiency, reduce costs, and ultimately drive growth and competitiveness in an increasingly digital business upward trajectory. The industrial and manufacturing sectors have been the backbone of the Global Networked Economy, contributing $16 trillion in value in 2021. Industrial and Manufacturing Tech Market Development   This growth represents a 20 percent increase from 2020, highlighting the resilience and adaptability of these sectors in the face of unprecedented challenges, according to the latest worldwide market study by ABI Research . The five largest manufacturing verticals -- automotive, computer and electronic, primary metal, food, and machinery -

Rise of AI-Enabled Smart Traffic Management

The demand for smart traffic management systems has grown due to rising urban populations and increasing vehicle ownership. With more people and cars concentrated in cities, problems like traffic congestion, air pollution, and greenhouse gas emissions are pressing issues. Since the early 2000s, government leaders have been exploring ways to leverage advances in IoT connectivity, sensors, artificial intelligence (AI), and data analytics to address these transportation challenges. The concept of a Smart City emerged in the 2010s, with smart mobility and intelligent traffic management as key components.  Smart Traffic Management Market Development Concerns about continued climate change, as well as cost savings from improved traffic flow, have further motivated local government investment in these advanced systems. According to the latest worldwide market study by Juniper Research, they found that by 2028, smart traffic management investment will be up by 75 percent from a 2023 figure of

AI Software Market will Reach $251 Billion

The growth in Artificial Intelligence (AI) software could lead to many benefits. As more organizations adopt AI, they may become more efficient, productive, and able to offer improved products and services. The global job market could also expand, with demand growing for roles like AI engineers and technicians. Plus, AI apps could enable breakthroughs in fields like healthcare, transportation, and energy. The worldwide AI software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4 percent, according to the latest market study by International Data Corporation (IDC). AI Software Market Development The forecast for AI-centric software includes Artificial Intelligence Platforms, AI Applications, AI System Infrastructure Software (SIS), and AI Application Development and Deployment (AD&D) software (excluding AI platforms). However, it does not include Generative AI (GenAI) platforms and applications, which IDC recent