PlayStation is a major player in the world of gaming. It will never be out of the running. But I don’t think they can even compare to Nintendo when it comes to exclusives. No games will ever challenge Zelda and Mario for dominance. Part of it is because they had been around for 20 years when PlayStation was introduced to the market. GoW was a great franchise. But after the PS4 disaster, the series lost a lot of fans. If they wanted to do something like that where Kratos suddenly had a child whom he was fighting alongside with, they should have just created a new game in a new franchise. I personally don’t play any GoW games after the PS3. Those are the only good ones in my opinion.
Zelda and Mario have had games that were an abomination, but they’ve never bee rattled by it. No exclusives will ever reach the level Z&M are on.