Global financial and currency markets have been volatile since U.S. President Donald Trump announced so-called "reciprocal tariffs" on more than 180 countries earlier this month. Since then, Trump has reduced some levies to allow time for negotiations and has exempted certain products, like smartphones.
Serkan Toto, CEO of Tokyo-based games consultancy Kantan Games, said its likely Sony will also raise PS5 prices in the U.S.
"I would be very surprised if Sony was able to keep the PlayStation prices in the US stable. Now is the 'right' time for the company to hike prices because user backlash would be comparably limited," Toto told CNBC on Monday.