The article highlights the steep decline of physical video game sales in the US, which have halved since 2021 and are now over 85% lower than their peak in 2008. The shift towards digital gaming has been signaled by the release of disc-drive-less console models like the PS5 Slim and Xbox Series S. Despite the drop in physical sales, overall spending in the gaming industry has increased, driven by digital revenue, subscriptions, and microtransactions. There are hopes that the upcoming Switch 2 may reverse this trend, as Nintendo has historically favored physical sales.
"Physical video game software spending in the US has been cut in more than half since 2021 and is now over 85% below its 2008 peak."
"The decline in physical game sales accelerated in 2024, raising concerns for collectors and indicating a shift towards a digital-only world of gaming."
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