Sony Chief Exec Calls Consoles a Dated Market before PS5

This is likely the last PS console. . .

Earlier this month, Microsoft and Sony officially partnered to work together on the future of cloud gaming. With both companies gearing up for their possible last consoles, Sony Chief Exec, Jim Ryan, confirmed what many were thinking. In a recent investor relations conference, he called consoles a ‘niche market’ within the wider gaming industry – basically calling it not a major market anymore.

He went to say, “If you look at the game industry as a whole, the console market is not a major market, rather it’s a niche market, if you will. But for core gamers, immersive experiences are something we would like to value. In this respect, for the time being, the console as something that brings about computing functionality to the users is very important, but on the other hand, technology will progress, and so as I said today, the Remote Play and PlayStation Now, the streaming services will be worked on in parallel, that is what we are doing at this moment.”

Last week, Sony just gave fans a first look of their zero load times for PlayStation 5, which is largely thanks to the inclusion of an SSD. However, with streaming platforms like Google Stadia and Project xCloud to launch next year, we could se an earlier console cycle end next decade.

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