When people say the video game industry is untouchable in tough economic times, they must really mean it. The ESA (Entertainment Software Association) has reported their final sales figures for 2008 and we were quite impressed ourselves. Reaching record breaking sales over $21 billion, the video game industry is standing strong.
Software sales made up $11.7 billion of the sales with a 21% year-to-year increase from 2007. Console sales alone produced $8.9 billion while portable consoles were at $2.7 billion. In total the two platforms sold over 170 million units, also known as games. The family friendly E rated games account for over half the total sales numbers, with Teen rated games at 25% and Mature rated games slugging behind at 15%. The ESA also stated the top 20 games also account for 15% of sales compared to 9% in 2007.
The ESA has stated the record breaking sales are higher than those of 2005 even. This is very good news for a economy in need of money and even better news for video games as they become a new entertainment medium.