Sony to invest $2 billion in game research and development

2023-07-13 05:56:00

Sony plans to increase its investment in research and development by 10% by the end of the current fiscal year.

According to the traditional Nikkei newspaper, the game research and development sector will receive an investment of 300 billion yen, roughly $2.17 billion.

This number represents 40% of the company’s research and development investments until March 31, 2024, surpassing the electronics and semiconductor sector. This increase is driven by PlayStation’s games-as-a-service focus.

It is worth remembering that in May, Sony reiterated that it plans to launch 12 games in this style by March 2026. Games as a service will account for 55% of the PlayStation 5 development budget.

The Japanese company forecasts that the market for game-related content as a service will reach US$19.2 billion by 2026, while digital game sales will reach US$7.4 billion and subscriptions will reach US$12 billion.

Last year, Sony announced the acquisition of Bungie, responsible for the Destiny franchise. The company shelled out $3.6 billion for the studio to expand its games-as-a-service portion and take a more cross-platform approach.

The Nikkei newspaper also brings interesting information. The Japanese company wants to combine the resources of its game studios acquired in the last two years to expand the development of content with augmented reality.

Sony has invested $1.45 billion in Epic Games since July 2020 thinking regarding the metaverse and its possibilities.


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