The worldwide console market shrank by 2.5 percent in 2016

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The worldwide console market shrank by 2.5 percent in 2016

The PlayStation 3 was the first console to introduce Blu-Ray technology to the market, which a lot of fans appreciated. Despite that, it had a multitude of great exclusives and was even used by the US Air Force to build a supercomputer. The service now hosts 483 PS3 titles and cloud saves for seamless play on PS4 and Windows 10 PCs. As reported by Gematsu and Japanese site Gamestalk, Sony has revealed it will "soon" end production of the only remaining PS3 model still being made in Japan.

Speaking of Sony, the report shows that the PlayStation creator is dominating the console market, and now hold a 57 percent market share in terms of consumer spending. Since a year ago, Sony has been making attempts to retire the console. My PS3 continues to draw breath, though it is starting to sound a lot like an emphysemic old lady with ninety cats.

PLAYSTATION have announced that gamers can stream the latest PS4 games and play them without forking out for the console.

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Now if you'll excuse me, I have to gather wood and fuel for a Viking burial. The original PlayStation also sold over 100m units.

Sony's PlayStation 4 raked in a staggering $17.8 billion of that total global value, representing more than half of the total global console market's earnings.

PS3 also lent a hand to some notable trends that we give for granted these days, by supporting streaming services such as Netflix. While Japanese and western consumers are typically quick to adopt new technology (and therefore sales would be expected to dry up sooner than in other markets), other territories are slower to receive new hardware-hence products often see longer tails.

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