The PlayStation 4 is nearly five years old at this point, and so many are expecting the PlayStation 5 to be released within the next couple of years. There were some reports that claimed the PS5 would release as early as holiday 2018, but now Japanese analyst firm Ace Economic Research Institute claims the next-generation console will be available in late 2019 instead.
The report claims that Sony will in fact launch the PlayStation 5 in late 2019 on one condition: the company is able to obtain the necessary amount of monolithic ceramic capacitors to manufacture enough consoles to ship to retailers. Apparently monolithic ceramic capacitors are in short supply right now since they are used in many technologies, and suppliers of the component are struggling to keep up with the demand.
Ace believes that if Sony is somehow able to manufacture enough PlayStation 5 consoles, then the device could very well release at the end of 2019. This would make it available right in time for the next year's holiday season, and if that is indeed the plan, fans should be able to expect a proper reveal at next year's E3 event at the latest.
However, if Sony fails to produce enough PlayStation 5 consoles, then it seems it will be delayed to 2020. Ace doesn't offer a prediction as to when in 2020 the console will launch, but one has to imagine it would be around the 2020 holiday season. If so, this would be in line with other analyst predictions that have pegged both the PlayStation 5 and Xbox Scarlet for 2020 release dates.
While a 2020 release date seems more likely, it wouldn't be too surprising if the PS5 launched in 2019. After all, there have been reports that Sony has ramped up parts production to manufacture the console, and as previously stated, some even believed that the console would launch as early as this year.
Furthermore, 2019 release could potentially help Sony get a headstart on the competition. It seems most analysts believe that the Xbox Scarlet consoles will launch in 2020, so Sony could potentially start the next generation off early - a strategy that worked in the past with the Xbox 360, but didn't go so well for the Sega Dreamcast. Of course, this is all just speculation at this time, and fans will have to wait for Sony to reveal the PlayStation 5 to get official details.