PS5 Sales Grow By 369% Year On Year In Europe For Q1 2023

PS5 Dominating The EU Market!

The first quarter of 2023 witnessed an astounding surge in PS5 sales across selected European countries. This growth has shifted the gaming industry’s momentum, as Sony’s console outshines its competitors and cements its dominance in the market. In contrast, Nintendo Switch and Xbox Series S|X saw declining sales figures.

While PC and console sales declined by 11%, hardware units witnessed an impressive 41% increase. The PlayStation 5, notably, achieved remarkable success, recording a 369% year-on-year sales boost.

PlayStation 5

PlayStation’s growth overshadowed the performance of its competitors, with the Nintendo Switch facing an 18% decline and the Xbox Series S|X dipping by 10%. The PS5’s soaring sales were instrumental in offsetting these declines, allowing the console market to maintain its momentum.

Console hardware sales increased by 67% in March 2023 to a total of 570,000 units sold throughout several European nations, including France, Italy, Spain, and more. With sales that increased significantly over the same period the year prior, the PS5 emerged as the main driver of this surge.

PlayStation console sales potential was constrained in 2022 due to significant stock shortages. The PS5 was able to seize the spotlight and gain control of the market in March 2023, though, as the tides began to turn in its favor.

The buzz surrounding Hogwarts Legacy – which emerged as the quarter’s best-selling title – undoubtedly contributed to the PS5’s sales performance too, as eager gamers sought to experience the magic on Sony’s next-generation console, which had a marketing and exclusive content deal.

Future games like Marvel’s Spider-Man 2 and the highly anticipated Final Fantasy 16 may have also played a role in the ongoing PlayStation 5 success. The former will continue the story of the Spider-Man games, which have crossed over 30 million sales worldwide.

Moreover, Sony has games like Final Fantasy 7 Rebirth and Marvel’s Wolverine lined up for 2024 and beyond. These and future games should ensure a steady growth rate for PS5.

The console has displayed similar sales in other regions like the UK, where the PS5 continued to lead the console market.

Overall, it is safe to say that the PlayStation 5 is currently the undisputed champion of the European gaming market. Its remarkable sales performance in Q1 2023 is a testament to its popularity in the industry.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Salman Fareed
Salman Fareed
Passionate gamer and content creator with vast knowledge of video games, and I enjoy writing content about them. My creativity and ability to think outside the box allow me to approach gaming uniquely. With my dedication to gaming and content creation, I'm constantly exploring new ways to share my passion with others.

Latest News


Please enter your comment!
Please enter your name here

Follow Us



GTA 5 Is Officially 10 Years Old Today

Rockstar Games' GTA 5 has been on the gaming market for one whole decade, and its 10th anniversary is a massive moment for the studio.

Counter-Strike 2 Release Teased For September 27 By Valve

Valve's official tweet has sparked speculation in the community that the release of Counter-Strike 2 might be imminent.

Mass Effect: Andromeda Should Have Focused On Multiplayer, Claims Dev

A former BioWare employee recently reflected on Mass Effect: Andromeda, claiming that the studio should have kept it multiplayer-centric.

Dark Souls Was Released On This Day 12 Years Ago

FromSoftware released its genre-defining title, Dark Souls, over a decade ago, changing the concept of challenging game design.

Xbox Believed It Had The Better Console & Games After PS5 Was Revealed

In a recently leaked email to the CEO of Microsoft, Phil Spencer expressed his joy at the PS5 reveal and considered it a good day for Xbox.