Spending on video games during the holidays in the U.S. 2020
The holiday season is a big time for consumer spending as parents treat their children to the hottest new consumer goods on the market. The 2020 holiday season coincides with the release of two next generation video game consoles - the PlayStation 5 and the Xbox Series X/S. As a result, consumer spending on video games in November and December of 2020 is expected to hit 13.4 billion U.S. dollars, an increase of 24 percent on the previous year.
