Sony Controls Over Half of the Global Console Market
This share comes down to a total of $19.7 billion spent by gamers, which is split between hardware, software, and service markets. Apparently, Sony is also estimating that this domination of the console market will continue into 2017, and the company is even predicting that its sales will reach above the $20 million mark, placing this additional rise on the continued expansion of the digital gaming market.
This, of course, comes down to the huge success of the PS4. The console had almost double the market share of Microsoft’s Xbox One, with the Microsoft system reaching an install base of just over 27 million by the end of 2016. With that in mind, it’s easy to see how Sony could take up such a large portion of the market in general.
At the moment, the PS4 itself doesn’t show much sign of slowing down, either, with continued strong sales into 2017. Sony’s console took the top spot in sales in both January and February, which is a testament to the staying power of the PS4.
However, 2017 will bring with it many more challenges for Sony, with its competitors stepping up their attempts to take back control of console gaming. Nintendo has now launched the Switch console, which has had a very solid start to its life on the market, while Microsoft will also release Project Scorpio by the end of the year. It’s certainly a tougher line-up of competition than Sony faced in 2016, which means that the company may need to find other ways to keep its stranglehold on the market.
Of course, releasing interesting new software for the PS4 will certainly help matters, and the start of 2017 is already going well from that point of view. After all, Horizon: Zero Dawn is now Sony’s best-selling new intellectual property for the PS4, selling a phenomenal 2.6 million copies since its launch. Sony will no doubt be hoping that other releases over the course of 2017 will be equally as strong.
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Related Forum: PlayStation Forum
Source: https://gamerant.com/sony-control-half-console-market/
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SkatesPosted:
I never understood why so much people made the switch from the 360 to get a Ps4. I guess I'm just a Halo lover so I couldn't switch over completely.
ItalianPosted:
Miss As much as I am a Sony fan, to be fair, they did have a larger market.
To be fair yes they did. But personally, and I was an owner of Xbox One and PS4, but made the switch to PC, I don't see how PS4 stayed ahead. Xbox One in my opinion had better software and smoothness of game play compared to PS4 when it came to network games (same games for me) so I never understood how they stayed ahead. The fact that they didn't even support 5Ghz Frequency Signals amazed me on they cheaply went the old route when it came to network capabilities. I played wired for the most of my console days, but wireless at first. PS4 disappointed me a ton, but most of my friends bought PS4 so I stuck with it. Now I gave up on the consoles and went PC and play with just a handful of friends instead of a bunch.
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