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Video game crash of 1983


 

The video game crash of 1983 was the sudden crash of the video game business and the bankruptcy of a number of companies producing home computers and video game consoles in North America in late 1983 and early 1984. It brought an end to what is considered the second generation of console video gaming.

Related Topics:
Crash - Video game - Bankruptcy - Home computer - Video game console - North America - 1983 - 1984

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This phenomenon unfolded primarily in the United States and Canada, since the contemporary global market for video game consoles had not yet evolved.

Related Topics:
United States - Canada

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The crash was followed by a gap of three years during which there was a much smaller market in games for home computers in North America, and no significant development for video game consoles. That gap ended with the success of the Nintendo Entertainment System (NES) that was first introduced in 1985 and would break out in popularity in 1987.

Related Topics:
Nintendo Entertainment System - 1985 - 1987

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