PS4 Xbox One PlayStation 4
The PS4 and Xbox One's controllers.Reuters

Sony's PS4 is set to dominate the home console landscape for years to come, according to a report from Strategy Analytics.

The firm's Home Devices Report predicts that Sony will sell 80 million PlayStation 4 consoles by 2019 to Microsoft's 57 million Xbox One consoles.

The report backs up their figures by claiming that the PS4 "is on path to reproduce the success of the PlayStation 2 and Nintendo Wii." They also cite the PS4 current year one sales tally of 18.5 million being closer to that of the PS2's 20.1 million than the PS3's 10.5 million.

There is good news for Microsoft and the Xbox One however. Its year one sales figures trump those of the Xbox 360 (10.4 million) – a console that ended up dominating the previous cycle.

Strategy Analytics also compared the Xbox One and PS3, claiming the two shared similar difficulties in terms of a higher price than its competition at launch.

As for Nintendo's Wii U, the report acknowledges the disappointing year one sales but admits the console is "staging a modest comeback" off the back of a strong first party line-up.

Senior analyst Eric Smith said: "Despite reports to the contrary, the game console market is not dead. Core gamers have moved faster to this current generation than in any previous generation. The main difference in this generation is that casual gamers who bought a Wii are remaining largely on the side lines as free-to-play casual games and midcore games on tablets and smartphones have captured this segment of consumers."