Create
Notifications
New User posted their first comment
Advertisement

PC gamers spent $4.5 billion, equivalent to the defense budget of Denmark, on kit last year

PC gamers spent $4.5billion on hardware (Image Via Sportskeeda)
PC gamers spent $4.5billion on hardware (Image Via Sportskeeda)
ANALYST
Modified 17 Feb 2021
Feature
Advertisement

When it comes to PC gamers, the budget set aside for a good gaming PC boils down to availability of funds. When funds are available, the sky is the limit when it comes to high end gaming builds.

With modifications galore to choose from and custom builds available in more shops, gamers have begun spending more money on building the perfect PC.

Combined, PC gamers in the United States of America have spent approximately $4.5 billion on new hardware, peripherals and gaming accessories in 2020. That's an increase of 62 percent from 2019. According to reports, the total sum spent on hardware is equivalent to the defense budget of Denmark; that's quite the spending capability.

Danish Defence budget (Image Via Wikipedia)
Danish Defence budget (Image Via Wikipedia)

This recent report comes from The NPD Group (via Guru3D), and it highlights the massive growth of PC gamers over the course of the last 12 months. The amount of money spent on gaming accessories and periphirals, such as gaming keyboards/mouse/headsets, increased by an astounding 81 percent, while complete systems and components witnessed an increase of 57 percent.

Mat Piscatella, NPD's video game analyst stated,

"PC gaming is the most innovative, open, and content-diverse segment in the video game industry. It is also one of the most accessible, as many households have a desktop or laptop computer."

Despite being one of the most accessible ways to enjoy video games, data suggests that while revenue may be shooting through the roof, the actual number of gamers only grew by four percent in 2020.


Advertisement

PC Gamers spend a lot of time in-game

It comes as no surprise that during a global lockdown, many individuals turned towards gaming to keep mental health in check and unwind after a day of hard work. According to reports, the time spent in-game by players doubled in 2020, which allowed for PC gamers to cash in on some extra grinding hours.

Owing to the Pandemic, people were forced to stay indoors and find ways to stay entertained. It's safe to say that gaming on PCs and consoles played a huge part. It's no secret that companies such as AMD experienced a surge in revenue as lockdowns came into force worldwide

Advertisement

However, there is a flipside to the situation. Due to the rise in demand, supply hasn't been able to cope up, following which prices of GPUs have risen on a global level. High prices and low supply have only been made worse due to organized scalping and cryptocurrency miners as well.

With PC gamers facing ever rising GPU costs, budget builds are not easy at present. While major GPU players are working hard with official partners to ensure smoother supply chains, the recent surge of Bitcoin is bound to further hamper the availability of GPUs, as new crytominers jump on the bandwagon.

Published 17 Feb 2021, 23:13 IST
Advertisement
Fetching more content...
App download animated image Get the free App now