According to the forecasts of many analysts, the upcoming Christmas launch of the next generation consoles Playstation 5 and Xbox Series will lead to record spending among American gamers, but will remain the number one bestseller of the season Nintendo Switch…
This is stated in a new material published by an analyst of NPD Group Matom Piscatella… In it, the specialist only confirmed the widely held opinion of industry experts that both consoles of the next generation, when they appear next month, will simply be sold out everywhere.
Piscatella suggested that Nintendo could take advantage of the PS5 and Xbox Series’ limited supply and will continue to show huge sales in 2023.
“The PlayStation 5 and Xbox Series consoles will be some of the most coveted gifts in 2023. They will be difficult to find on sale if demand continues so high in 2023,” the analyst wrote.
“The Switch will also be the most popular product, as more families will want to buy multiple consoles in the fourth quarter. The shortage of new PlayStation and Xbox consoles will make the Switch look more compelling (although Nintendo’s supply may be tricky, too).” …
According to analysts, US shoppers will spend $ 13.4 billion on games in November and December, up 24% over the same period last year. According to Piscatella, the total spending in 2023, including the holiday months, could exceed $ 50 billion, which will be a record for the US market.
Analysts expect Call of Duty to become the top-selling franchise on the US market again for the twelfth consecutive time. Discount promotions on older consoles won’t play a major role in the 2023 holiday months.
“The sharp increase in demand this spring and summer has led to the fact that the inventory of the PlayStation 4 and Xbox One has become quite modest, so there is little incentive for platform holders to lower prices,” explained Piscatella.
Playstation 5 Released on November 12 in the US, Japan, Canada, Mexico, Australia and South Korea. The rest of the world will receive the new Sony consoles a week later on November 19th. Xbox series x and Xbox series s will go on sale November 10.
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