Contrasting the good ol’ days when a Playstation console came with the console itself, and the games you bought, today, we have something called PlayStation Plus, a subscription service that is meant to enhance the gaming experience and give you more features to enjoy on Playstation 5. The service itself is divided into multiple tiers — Essential, Extra, and Premium, each coming with its own line of benefits that add to the appeal. To make things clear, we’re going to dive into the specifics of PlayStation Plus by examining some PlayStation Plus statistics which will give you some perspective on the size of the service itself. Services like these and the modernization of gaming are the driving factors behind how much the gaming industry is worth.
PlayStation Plus key stats
This section is going to contain all of the relevant statistics for PlayStation Plus as there are not many of them since it’s a simple service that doesn’t carry much drama and news presence as other things like cloud gaming. It will examine some of the most relevant subscriber stats, controversies, and anything else we can dig up on the matter.
PlayStation Plus had 47.4 million subscribers in March 2023.
(Source: Statista, MakeUseOf)
This is a 500% increase in subscribers compared to PlayStation Plus’ 50 million in 2014.
It’s also a 1.2% decrease in subscribers compared to the 48 million peak it had in 2021.
The drop in subscribers was caused by the entire system being revamped in 2020.
A revamp elicited confusion in gamers who did not understand the point of the subscription service anymore.
Nevertheless, the service proved to be quite helpful for many gamers who had to endure the Covid-19 lockdown.
The number of subscribers that PlayStation Plus has is still quite impressive despite the fall in the subscriber count in the past few months, but some have projected that the subscriber count is going to rise in the future as more and more people get used to the service and everything it has to offer.
PlayStation Plus Essential subscribers received over $1,304 worth of free video games in 2022.
The monthly retail value of free video games offered to PlayStation Plus subscribers decreased from 2018 to 2020.
However, in 2021, there was a significant increase in the monthly retail value of free video games.
In 2022, PlayStation Plus Essential subscribers were offered a total of 37 free games.
The cumulative value of these free games amounted to over $1,304.
Sony’s PlayStation Plus service has always been known for offering free video games to its subscribers, adding immense value to the subscription. This has been particularly significant for PlayStation Plus Essential subscribers who, in 2022, received an impressive collection of 37 free games. The cumulative retail value of these games exceeded $1,304, demonstrating Sony’s commitment to providing a robust gaming library to its subscribers.
Interestingly, this generosity follows a previous downtrend. From 2018 to 2020, there was a noticeable decrease in the monthly retail value of the free games offered to PlayStation Plus subscribers. This dip might have been influenced by various market factors or strategic decisions within Sony. However, the trend took a positive turn in 2021, with a significant increase in the monthly retail value of free games. This upward trend continued into 2022, culminating in the high-value offering PlayStation Plus Essential subscribers enjoyed. The value proposition presented by these free games continues to be a major incentive for gamers to subscribe to PlayStation Plus.
PlayStation Plus lost 1.9 million subscribers between July and September 2022 after the three-tier relaunch.
Subscription numbers fell from 47.3 million to 45.4 million, despite the new service’s improved nature. However, the company has simultaneously seen a 10% increase in revenue, reaching ¥116 billion ($788 million).
The relaunch added three overlapping tiers, causing confusion among potential subscribers about which tier provided access to which era of games.
The rebooted offers, with hundreds of classic PlayStation games available for a subscription, failed to attract a significant new audience. Sony has chosen not to include new first-party titles in the subscription, instead charging a separate $70 for them. Despite the relaunch, the downward trend of subscriber numbers that started in the fall of 2021 has continued, with a total loss of 2.6 million since last year’s peak.
CFO Hiroki Totoki attributed the decline to the pandemic’s easing, declining numbers of third-party games, PlayStation 4 sales, and a lack of “aggressive” ad spending. Totoki expressed optimism that “very good titles” and better promotions would help recover the lost subscribers. In contrast, the last reported figures for Game Pass showed an increase from 18 million to 25 million subscribers in a year, trending in the opposite direction of PlayStation Plus.
To sum up
PlayStation Plus has had a tumultuous journey in the gaming market as its revamp was not that well-liked when it had just come out, but we have seen it re-establish itself and start gaining more and more subscribers as time goes on. Nevertheless, that was all we’ve had to say about the service, and we hope that you’ve enjoyed this information and learned something new!
“Number of subscribers of PlayStation Plus (PS Plus) worldwide as of March 2023”. Statista, 2023, https://www.statista.com/statistics/532431/playstation-plus-subscribers-global/
“PlayStation Plus Loses Nearly 2 Million Subscribers Months After Relaunch”. Kotaku, 2022, https://kotaku.com/playstation-plus-sony-ps5-ps-4-subscription-game-pass-1849727095
“Why the Number of PlayStation Plus Subscribers Is Dropping”. MakeUseOf, 2022, https://www.makeuseof.com/ps-plus-subscribers-are-dropping/