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Scoobes said:

Handhelds and home consoles are two very different markets. They're dedicated gaming devices but they also target different consumer markets.

I don't get how anyone could possibly think they're the same market and try to analyse them as such. To be honest, it sounds like you're including handhelds because it fits your narrative.

Please explain me how they are different markets.

Take a look at the best selling games on handhelds, most of these franchises are also on home consoles.

Mario Kart, 2D Mario platformers, 3D Mario platformers, Animal Crossing, Zelda, Monster Hunter, Super Smash Bros., etc.