In a shocking turn of events, hardware sales and physical game spending in the US have hit their lowest point in 30 years this past November. According to Circana, only 1.6 million units of video game hardware were sold, marking the worst performance since 1995. With hardware spending plummeting 27% year-over-year to just $695 million, its clear that the gaming market is facing significant challenges. The average price for new gaming hardware reached an all-time high of $439, which many believe is a key factor behind the decline in sales.