Sony’s CEO teases “Aggressive” cloud gaming plans for PlayStation in coming months

CEO Jim Ryan has some really ambitious plans for PlayStation's cloud gaming future.

Sony is a big conglomerate in the entertainment industry. The company has a strong hold on a huge chunk of the video game industry. From their popular PlayStation gaming consoles to exclusive console games, they have a considerable monopoly on the game market. As of right now, the cloud gaming market hasn’t seen much growth. Companies can explore the immense untapped potential in the cloud gaming market.

Microsoft, Amazon, & Steam offer their cloud gaming services, but users do not widely use them. Even more so, the popularity of cloud gaming is yet to catch up with regular forms of gaming.

The EU approved the Microsoft x ABK Deal only after Microsoft’s formal commitment to improving the current state of cloud gaming. This shows that cloud gaming is all set to be the next big thing in the video game industry.

Looking at developments like these, Sony doesn’t want to be left behind. It had a very sizable consoles market, but Sony considers cloud gaming to be the next huge thing. Recently, during an interview with The Washington Post, the CEO of Sony, Jim Ryan, promised certain big things coming for PlayStation’s cloud gaming services.

Sony Will Confirm 'Aggressive' Cloud Gaming Plans Soon https://t.co/bVJ5J2Nlq8 #Sony #PS5 pic.twitter.com/shgMS3thL7
— Push Square (@pushsquare) May 24, 2023

Sony‘s PlayStation Now is the name of the current cloud gaming service offered by PlayStation. They launched it in June 2022 and made it available in select regions. The service provides various cloud gaming features. The cloud gaming service provides access to a library of over 700 games, including PS4, PS3, and PS2 titles. You can also download or stream games on your PC, PlayStation 4, or PlayStation 5.

CEO Jim Ryan’s take on PlayStation’s cloud gaming

Jim Ryan, CEO of Sony Interactive Entertainment, has hinted at upcoming “aggressive” cloud gaming plans for PlayStation. Ryan stated in an interview with The Washington Post that the company is bullish on cloud gaming and considers it a key part of the future of gaming.

However, Sony’s cloud gaming plans were not specified by Ryan as of yet. However, he said that the company is working on several initiatives, including expanding its existing cloud gaming service. Ryan also hinted at Sony developing new cloud gaming hardware. Ryan said,

“We’re very bullish on cloud gaming. We think it’s a key part of the future of gaming. And we’re investing heavily in it.”

Ryan’s comments come as the cloud gaming market is growing rapidly. In 2022, the global cloud gaming market is expected to be worth $3.5 billion, and it is projected to grow to $15.7 billion by 2027. Sony is not the only major player in the cloud gaming market. Microsoft is also investing heavily in cloud gaming, and it has its cloud gaming service, Xbox Game Pass. Google also has a cloud gaming service, Stadia.

High-speed internet, mobile gaming, and gaming on non-traditional platforms like TVs and tablets drive cloud gaming development. Cloud gaming is also more environmentally friendly than traditional gaming. It does not require gamers to purchase new hardware or download large game files. Sony’s cloud gaming plans are ambitious, but they have the potential to revolutionize the gaming industry. By making cloud gaming more accessible, affordable, and convenient, Sony could help make gaming more popular than ever before.