1992 saw many sequels and prequels in video games, such as Dragon Quest V, Final Fantasy V, Sonic the Hedgehog 2, ', ', and Super Mario Kart, along with new titles such as Art of Fighting, Lethal Enforcers, Mortal Kombat and Virtua Racing.
The year's highest-grossing video game worldwide was Capcom's arcade fighting game Street Fighter II for the second year in a row, while also being the year's highest-grossing entertainment product. The year's best-selling home system was the Game Boy for the third year in a row, while the year's best-selling home video games were Sonic the Hedgehog 2 for the Mega Drive/Genesis and the Super Nintendo Entertainment System port of Street Fighter II, which were both also the year's highest-grossing home entertainment products.
The following titles won Game of the Year awards for 1992.
The following video game releases in 1992 entered Famitsu magazine's "Platinum Hall of Fame" for receiving Famitsu scores of at least 35 out of 40.
The year's highest-grossing game worldwide was Street Fighter II, which alone accounted for an estimated 60% of the global arcade game market, according to Coinslot magazine. The following table lists the year's top-grossing arcade games in Japan, the United Kingdom, United States, and worldwide.
The following titles were the top ten highest-grossing arcade games of 1992 in Japan, according to Gamest, ' and Famicom Tsà «shin (Famitsu) magazines.
In the United States, the following titles were the highest-grossing arcade video games of 1992.
On Australia's Timezone monthly arcade charts published in the June 1992 issue of Leisure Line magazine, Capcom's ' was the top-grossing arcade conversion kit and Konami's X-Men was the top-grossing dedicated arcade cabinet.
Sonic the Hedgehog 2 and Street Fighter II each sold units worldwide in 1992, making them the year's highest-grossing entertainment products. The following home video games sold more than 1 million units worldwide in 1992.
The following table lists the year's top-selling home video game releases in several markets, including Europe, Japan, South Korea, and the United States.
In Japan and South Korea, according to Famicom Tsà «shin (Famitsu) magazine, the following titles were the top ten best-selling home video game releases of 1992.
The following titles were the top three best-selling home video game releases of 1992 in Europe and the United Kingdom.
In the United Kingdom, the following titles were the top-selling home video games of each month in 1992.
In the United States, the following titles were the top three best-selling home video games of 1992.
The following titles were the best-selling home video games of each month for video game consoles (home consoles and handheld consoles) in 1992.
The following titles were the top-selling personal computer games on the monthly PC Research charts in 1992, as reported by Electronic Games magazine.