Sony stresses PlayStation user engagement as hardware sales taper off

Japan’s Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector look for recurring revenue.

PS5 users are spending around 25% more than during the previous PS4 console’s lifecycle, boosted by add-on content and services, including the PlayStation Plus subscription option.

“This behaviour underpins the durable, predictable nature of our revenue base,” gaming executive Hideaki Nishino told a strategy briefing.