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US spending on physical video games has more than halved since 2021, according to new data from market research firm Circana.

Player spending habits have steadily migrated to digital for more than a decade, driven by faster internet speeds, the emergence of online marketplaces on consoles, and live service games funded by microtransactions.

Circana data, supplied executive director Mat Piscatella this week, suggests that the migration towards digital has accelerated since the pandemic.

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