Fans of the two video game giants' game consoles are getting excited about the updated versions of the Sony PlayStation and Microsoft Xbox game consoles. Rumors say the PlayStation 5 and Xbox Two will get a release date earlier than the year 2020, which is about a little more than four years from now.

It should be noted that the earlier versions of the game consoles, the PlayStation 3, PlayStation 4, Xbox 360 and the Xbox One have been dominating the game console market in the past years. However, trends in technology are fast-moving, and it is unlikely that the current generation game consoles will not be updated soon.

The older game consoles are likely to become obsolete once the PlayStation 5 and Xbox Two are finally introduced in the market. It would be necessary to replace the old models because they will no longer be able to handle future video game formats.

Game developers are creating video games that have better graphics and higher functionality that most likely won't be effectively processed by the older versions of the two popular game consoles.

For instance, existing game consoles are not very effective in handling 4K TV-resolutions because of their relatively low processing power.

Some gamers and analysts are speculating on an earlier release of both Xbox Two and PlayStation 5. This is not unprecedented, considering the earlier-than-expected releases of the current game console models.

The release date could be as early as 2018 for the Xbox Two and PlayStation 5. This would be two years earlier than previous estimates.