After much anticipation and delays, Sony finally began selling its next-generation gaming console, the PlayStation 5, on November 12 of last year. The console debuted alongside Microsoft’s offerings: Xbox Series X and Series S. Several analysts predicted that Microsoft’s next-generation console would outperform Sony’s next-generation console. However, based on recent reports, it appears that Sony has dominated most markets, as the PS5 sold twice as much as the Xbox consoles at the end of 2020.
Sony’s dominance with PlayStation 5
The report comes from the market analysis firm, GamingSmart, and reveals that Sony was able to capture almost two-thirds of the market by selling more than 4.48 million units of the PS5. Compared to Microsoft’s sales figures of 2.4 million units for Xbox consoles, that’s twice the value.
The report claims that Sony dominated pole position in nearly all 167 countries the firm analyzed. Among them, Microsoft only led in 12 regions. It’s worth mentioning that the Redmond-based software giant managed to lead in two of the most notable markets, which include the US and China.
According to this report, Microsoft almost held a lead in this US with a 50.18% market share compared to Sony’s 49.80%. But, Microsoft’s share of this Chinese market, which is 62.27%, is much higher than Sony’s 37.3% market share in China
Now, it is true that both Sony and Microsoft faced a tough challenge during the launch of next-generation consoles, mainly due to the COVID-19 pandemic. Sony, especially, had a pretty tough time trying to keep up with the growing demand. At one point, Sony CEO Jim Ryan announced that the PS5 was completely sold out.
However, the company increased the production of the console to meet growing demand and end-market chaos. And it appears that Sony was able to deliver more units of the PS5 than Microsoft’s Xbox Series X / S in most markets.