PS5 inventory levels are finally starting to rise. This is mainly PS5 will again be the best-selling console in the US in September 2022, surpassing Nintendo Switch and Xbox Series X|S in both revenue and unit sales. The increase in PS5 supply is the main reason for the increase in hardware sales compared to last year.
PS5 console sales will continue to grow in 2022
PS5 was the best-selling console in the US in terms of dollar sales and units in September 2022, according to NPDMore, primarily due to double-digit sales growth. Meanwhile, the Xbox Series X|S came second in dollar sales despite his double-digit growth, and the Nintendo Switch came in second in unit sales. The continued success of his PS5 console in the US is due to improved supply in the wake of parts shortages. As a result, hardware sales are up overall, with sales up 19% compared to this time last year.In total, hardware sales totaled $38.4 billion 2022 so far.
Unfortunately, the same cannot be said for the money spent on the video game itself. Despite his double-digit increase in how much players spend on subscription services like PlayStation Plus and Xbox Game Pass, his spending on video games fell by 7%.