Horizon II: Forbidden West (PS5) | Source: Sony

Call it déjà vu, but the U.S. video game industry is facing a boss level that it just can’t defeat: the global supply chain.

According to The NPD Group, video game hardware sales fell 27% in February of 2022 to lead an overall 6% drop for the industry last month. Declines were seen across all major categories of consumer spending on video games, including content, accessories, and hardware.

Year-to-date video game spending has already dipped 4% from 2021 as the ongoing shortage of video game hardware, including Sony’s Playstation 5, Microsoft X|S, and the Nintendo Switch continues fueling a ripple effect of sales declines at retail.

It’s a familiar tale, but Nintendo Switch — the most available of the current systems — led sales in February and remains the highest-selling platform in terms of unit sales this year. Playstation 5 leads the year for total dollar sales.

Related: State of the Industry Q&A 2022: The Pokémon Co. International

“February 2022 was the first time that February spending was down year over year since the start of the pandemic, in this case by 2.5%,” says NPD’s Video Game Analyst Mat Piscatella, “While it’s a sign the pandemic-fueled spending surge across mobile games as a whole is receding, there’s still plenty to be optimistic about in the category, which has seen a healthy influx of successful launches and new top-earning titles despite the overall cooldown.”

The Top 10 Console Games for February 2022:

  1. Elden Ring (Bandai Namco Entertainment)
  2. Horizon II: Forbidden West (Sony)
  3. Pokemon Legends: Arceus (Nintendo)
  4. Dying Light 2: Stay Human (Square Enix)
  5. Total War: Warhammer III (SEGA)
  6. Call of Duty: Vanguard (Activision Blizzard)
  7. Madden NFL 22 (Electronic Arts)
  8. Mario Kart 8 (Nintendo)
  9. FIFA 22 (Electronic Arts)
  10. Minecraft (Various)

About the author

James Zahn

James Zahn

James Zahn, AKA The Rock Father, is Editor-in-Chief of The Toy Book, a Senior Editor at The Toy Insider and The Pop Insider, and Editor of The Toy Report, The Toy Book‘s weekly industry newsletter. As a pop culture and toy industry expert, Zahn has appeared as a panelist and guest at events including Comic-Con International: San Diego (SDCC) Wizard World Chicago, and the ASTRA Marketplace & Academy. Zahn has more than 30 years of experience in the entertainment, retail, and publishing industries, and is frequently called upon to offer expert commentary for publications such as Forbes, Marketwatch, the Wall Street Journal, the New York Times, USA Today, Reuters, the Washington Post, and more. James has appeared on History Channel’s Modern Marvels, was interviewed by Larry King and Anderson Cooper, and has been seen on Yahoo! Finance, CNN, CNBC, FOX Business, NBC, ABC, CBS, WGN, The CW, and more. Zahn joined the Adventure Media & Events family in 2016, initially serving as a member of the Parent Advisory Board after penning articles for the Netflix Stream Team, Fandango Family, PBS KIDS, Sprout Parents (now Universal Kids), PopSugar, and Chicago Parent. He eventually joined the company full time as a Senior Editor and moved up the ranks to Deputy Editor and Editor-in-Chief.