Microsoft, Nintendo, and Sony global console gaming software revenue 2021-2025
At the end of 2020, both Sony and Microsoft saw the releases of their latest gaming consoles, the PlayStation 5 and the Xbox series S/X respectively. As such, gaming software sales for the companies increased in 2021 and are expected to fully take off in 2022 when the initial limited availability of the consoles has been overcome. Due to the popularity of the Nintendo Switch (2016 release), Nintendo's console gaming software revenue amounted to over 10 billion U.S. dollars in 2020, as the console gained a significant boost in popularity due to the COVID-19 pandemic.