That’s really only the perspective from North America. The “crash” was mostly limited to North America, with a much smaller impact on Europe, and hardly any impact on Japan. It was mostly a crash of Atari, specifically.
Europe was busy playing games on systems like the ZX Spectrum. The Atari systems were imported and more expensive.
Japan experienced a boom in game console sales during that same time period. Both the Famicom and SG-1000 were released in 1983. It was not a crash, and in Japan it’s simply called the “Atari shock”.