Home » Extended Reality (XR) » Sony Hedges B Bet on Extended Reality: Is ER The Future of Gaming?
Sony Extended Reality

Sony Hedges $2B Bet on Extended Reality: Is ER The Future of Gaming?

Sony has made a significant leap into the future of gaming with a massive investment in extended reality research. By dedicating $2 billion to this rapidly emerging technology, the company is planning to revolutionize the gaming industry, creating an immersive blend of the physical and digital worlds.

Sony Unveils Huge Investment in Extended Reality

In a bold step towards its vision of gaming’s future, Sony is preparing to invest 300 billion yen (approximately $2.13 billion) in extended reality research by March 2024, according to [Nikkei Asia](source link). This commitment will account for nearly 40% of Sony’s research and development budget for the year, even surpassing spending on electronics and semiconductors. In fact, this investment overshadows the 271.1 billion yen ($1.96 billion) spent on game R&D in the 2022-2023 fiscal year.

From Live Service Games to Streaming: Sony’s Evolving Gaming Strategy

Sony’s extended reality research initiative isn’t an isolated move. The tech giant has gradually transitioned towards live service games and streaming in recent years. A key indicator of this strategic shift is the incorporation of game streaming into its PlayStation Plus service. Furthermore, Sony has increased development efforts in its mobile division, even acquiring Savage Game Studios, its first mobile developer, in 2022.

Rumors: Sony’s Potential Acquisition of Take-Two Interactive

In a potentially game-changing move, rumors have emerged that Sony might acquire Take-Two Interactive, parent company of Zynga, a leading mobile developer. If this acquisition occurs, it could significantly boost Sony’s capabilities in the mobile gaming space.

New Sony Hardware: Backbone One and Project Q

Adding to Sony’s mobile gaming repertoire, the company recently announced the Backbone One – a mobile peripheral enabling users to play PS4 and PS5 games on their smartphones. Furthermore, Sony introduced Project Q, a new handheld hardware that allows players to stream PS5 games over WiFi.

PSVR 2 and the Future of Augmented Reality in Gaming

Sony’s extended reality research isn’t solely focused on mobile gaming. The recent release of the PSVR 2 reaffirms Sony’s dedication to virtual reality. With Apple’s announcement of the Vision Pro AR headset, it’s plausible that some of Sony’s research budget will be allocated to developing an AR headset. Considering Sony’s intense focus on growing its mobile business, a mobile-compatible VR headset doesn’t seem far-fetched.

Is the Sony XR Rush a Sensible Move?

With Sony’s substantial investment in extended reality research, it’s clear the company is gearing up for a major shift in the gaming landscape. As players, we can only imagine the immersive experiences that Sony’s future gaming technologies will bring. What are your thoughts on Sony’s move into extended reality? Do you think this will redefine how we game? Share your thoughts in the comments below!

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
Total
0
Shares
Leave a Reply
Previous Article
Matrix Genesis Metaverse AI

MATRIX Creates 'Genesis': A Groundbreaking AI System Creating Metaverse Worlds

Next Article
VR Sports NBA & Apple

Apple and NBA Team Up for a Revolutionary VR Sports Experience

Related Posts