We can expect a steady drip-feed of new details throughout the year, with both consoles already making big promises about how their new hardware will make gaming more powerful, flexible and convenient.
Expect reduced loading times via high-speed SSD hard drives, 4K (eventually even 8K) visuals, and backward compatibility options that allow you to play your old games on new consoles.
But, some big questions remain as Sony and Microsoft jostle for your affections - not least, specifics around the launch software line up, price and release date.
As gaming’s new era edges nearer, we’d love to hear your views on PS5, Xbox Series X, and the way you play games. If you can spare five minutes to complete GamesRadar's next-generation gaming survey, you’ll be in with a chance to win a £250 / $300 Amazon voucher.
Have your say today
Have you already chosen your next-gen gaming console? Is 8K gaming a pipe dream? What exclusive games might tempt you to switch consoles? Let us know what you think by following the link below.
The survey is only available until March 4, 2020 (T&Cs apply*, UK and US readers only), so there’s not long to take part. If you want to be in with a chance of winning a £250 / $300 Amazon voucher, make sure you take part today before the survey closes on March 4, 2020. Good luck!