The Nintendo Switch was largely sold out during the summer and the holidays and the PlayStation 5 and X Box Series X sold out immediately.
During the pandemic more people began to play video games and more started watching gamers, as livestream services like Amazon’s Twitch and Facebook Gaming logged record growth.
Tech giants like Google and Amazon are still investing in cloud gaming services like Stadia and Luna, hoping to join into the console wars dominated by Sony and Nintendo.
Google’s video platform YouTube logged its best year ever in 2020, with more than 100 billion hours in gaming content watched.
An analyst at Nielsen’s Video Game Arm Super data said they don’t foresee anything sort of a gaming crash due to economic factors.