For many domestic console players, when Microsoft and Sony will launch the PS5 and the new Xbox X in the Chinese market, it is crucial. According to the latestmedia reports, the two console manufacturers are expected to launch the PS5 and the new Xbox X in the Chinese market as soon as 2021, after all, the normal opening of these two consoles will also be at the end of this year, so the time is not very late.
For Sony and Microsoft, they all attach great importance to the Chinese market, of course, this is also important. Niko Partner, an Asian gaming market research and consulting firm, recently released a report on the Chinese game console market, which showed that total sales of console hardware and console game software in China will reach $1.5 billion from 2014 to 2023.
China’s console game market generated $997 million in revenue in 2019 and is expected to reach $2.15 billion in 2024, the report said.
In the analysis of the continued sales of NS, the PS5 and Xbox Series X two generation consoles, consumer demand for domestic and foreign distributors to launch console HD games, all for the PS5, the new Xbox X next hot selling laid the foundation.
As for the price of the bank, the PS5 and the new Xbox X are expected to be around 4000 yuan.