By Swissquote Analysts
Happy 30th Playstation

On December 3rd 1994, Sony launched its PlayStation console in the Japanese market. With Europe and the U.S. receiving theirs the following September, the system quickly emerged as a strong competitor against industry giants like Nintendo and Sega, ultimately dominating the gaming landscape. Sony was said to have been happy if they sold 1 million units and 600 million PlayStation consoles worldwide since the brand's inception. It's impressive for a newcomer, indeed! Today, we celebrate its 30th anniversary.
The official PlayStation X account recognized the occasion by sharing a two-minute video highlighting some of the brand’s most famous mascots, who have delighted audiences over the past three decades.
As time passed, Sony continued to produce and release new generations of the console using a straightforward numbering system (are you taking notes, Xbox?). It’s remarkable to think that we are now five generations into the PlayStation brand, which all began on that cold December day in the mid-1990s when the console wars were still intense.
Before the original PlayStation arrived, the console market was dominated by two major players: Nintendo and Sega. Both companies had been competing for years, but with Sony's entry, a formidable contender emerged.
The PS1 became such a success that it effectively sidelined Sega, partly due to the lackluster performance of its Saturn system. Sega's Dreamcast, launched in 1998, also struggled to compete with both Nintendo and the now-established PlayStation. Ultimately, Sega exited the console manufacturing space for good.
The PlayStation's success can be attributed to its use of CDs instead of cartridges, the standard media at the time. This was especially significant when compared to the PlayStation’s biggest rival, the Nintendo 64.
Sony later released the PlayStation 2 in 2000, which has since become the best-selling video game console in history. Many of us cherish memories of the original gray system, which introduced iconic characters and franchises such as Lara Croft, Crash Bandicoot, Metal Gear Solid, and Resident Evil. Truly, the PS1 had many fantastic games.
The PlayStation's use of larger and more modern storage media, its extensive library of nearly 8,000 titles, and its partnerships with third-party developers placed it ahead of the competition. In contrast, the Nintendo 64 had a comparatively modest 388 releases throughout its lifetime, primarily relying on in-house or second-party development (although it did feature Rare).