Market share of console gaming market worldwide 2021-2022, by company

In 2022, Sony held 45 percent of the console gaming market worldwide, while Microsoft held almost 28 percent of the market, compared to just over 46 percent and 25.5 percent in 2021, respectively. Meanwhile, Nintendo's market share decreased in 2022 to 27.7 percent from just over 28 percent in 2021. The console gaming market includes hardware, console games content, and console subscriptions. Sony maintains a dominant position in the console market thanks to strong sales of its relatively high-priced PlayStation 5 hardware, the continual expansion of its service business, and significantly higher in-game monetization compared to its competitors.