Gaming Hardware Sales Hit Five-Year Low as PS5 Leads Market

February 2025 saw a 25% year-over-year decline in hardware sales, with the PS5 outpacing the PS4 while Xbox Series X/S lags behind Xbox One.

Video game hardware sales in February 2025 totaled $256 million, marking the lowest February sales since 2020 and a 25% year-over-year decline.
The PlayStation 5 continues to dominate, outpacing the PlayStation 4 by 7% in U.S. sales after 52 months on the market.
Xbox Series X/S sales trail the Xbox One by 19% in the U.S., highlighting challenges for Microsoft's console in the current generation.
Globally, the PS5 has sold 75 million units, significantly outpacing the Xbox Series' 32 million units sold.
Analysts attribute the sales slump to aging console lifecycles and anticipation for next-generation hardware like the Nintendo Switch 2, which faces skepticism about matching its predecessor's success.