The gaming world is buzzing with rumors of a new portable PlayStation 5 console in development at Sony, according to a recent Bloomberg report. This potential handheld device would position Sony in direct competition with the anticipated Nintendo Switch successor and a rumored Xbox handheld currently in early testing, as confirmed by Microsoft Gaming CEO Phil Spencer. While exciting, it’s important to note that even if this PlayStation handheld reaches production, an official announcement is likely years away.
The Bloomberg article also reveals intriguing details about the PlayStation Portal’s initial conception. Sources suggest it was originally intended as a fully portable console similar to the Steam Deck. Currently, the PS Portal’s functionality is limited to streaming from a running PS5 console. However, a cloud streaming beta feature now allows users to stream selected games directly from PlayStation’s servers.
PlayStation Portal bundle home screen while turned on.
The handheld console market has seen explosive growth in recent years, largely driven by the immense success of the Nintendo Switch. This versatile console allows for both docked TV play and on-the-go gaming. Other devices, such as the Steam Deck and Asus ROG Ally, cater to PC gamers by enabling portable access to their game libraries. Numerous other niche handhelds further contribute to this dynamic market.
This trend aligns with the broader movement of console and game developers, including PlayStation and Xbox, seeking expansion onto other platforms like mobile. Bolstered by its acquisition of Activision Blizzard’s King (creator of Candy Crush Saga), Xbox is actively releasing its first-party titles on competing platforms like the PS5 and Switch. PlayStation has also expressed its mobile ambitions, establishing a mobile division in 2022 (despite closing its mobile studio Neon Koi this year). The company is also increasing its presence on PC, with titles like Helldivers 2 launching simultaneously on Steam.
Historically, Sony held a prominent position in the handheld console market with devices like the PlayStation Portable and PlayStation Vita, which even boasted exclusive game titles. However, the Vita ultimately struggled to compete with the rise of mobile gaming and was discontinued. Sony even considered shutting down the PS Vita’s digital storefront before reversing the decision. As recently as 2023, former CEO Jim Ryan stated that Sony had no plans to develop another handheld console.
In conclusion, while the prospect of a new PlayStation portable is exciting, it’s crucial to temper expectations given the lack of official confirmation and the potential for a long development timeline. The rumored device highlights the evolving gaming landscape and Sony’s potential renewed interest in the handheld market. Only time will tell if this rumored handheld will materialize and recapture the success of Sony’s previous portable consoles.