Federica Laricchia
Research expert covering the global consumer technology industry
Get in touch with us nowSony proportion of sales by business segment 2019-2023
In 2023 almost one third of Sony's revenue was generated through the game an network service segment.
Sony is active also in the TV and digital camera markets, although the company's presence in such industries dropped. Indeed, LG and TCL led the LCD TV market in 2023, holding shares of almost 20 and 12 percent, respectively, leaving Sony behind. Similarly, sales of the company’s digital cameras have decreased steadily.
Sony sales by segment - additional information
Sony announced total revenue of 86.8 billion U.S. dollars in their 2023 financial year, the highest the figure has been since 2008. The Game and Network service is Sony's most profitable operation, recording revenues of around 28.5 billion U.S. dollars in the same financial year. Particularly, Sony is famous for their PlayStation series of home and handheld video game consoles and its accompanying services. Over the years, Sony's sales of such devices increased, with sales of PlayStation 5 reaching almost 21 million units in FY 2023Sony is active also in the TV and digital camera markets, although the company's presence in such industries dropped. Indeed, LG and TCL led the LCD TV market in 2023, holding shares of almost 20 and 12 percent, respectively, leaving Sony behind. Similarly, sales of the company’s digital cameras have decreased steadily.
