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Wman1996 on 16 July 2021
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No way.
The Steam Deck is comparable to PS4 specs, not PS5 or Xbox Series X. I don't see how Sony would release a handheld in 2023 or 2024 and have it perform similar to a PS5.
If Sony releases a handheld (or hybrid similar to the Switch) in the next 2-3 years, it would probably be around PS4 Pro level. Maybe slightly above, but still clearly below PS5 capabilities. Dedicated handheld gaming is still alive almost entirely due to the Switch. I don't think the Steam Deck will sell any more than 10 million units.
Having such a powerful handheld will not drive people to pick it up. That has really only ever worked with home consoles, and even that is debatable.



Lifetime Sales Predictions 

Switch: 161 million (was 73 million, then 96 million, then 113 million, then 125 million, then 144 million, then 151 million, then 156 million)

PS5: 122 million (was 105 million, then 115 million) Xbox Series X/S: 38 million (was 60 million, then 67 million, then 57 million. then 48 million. then 40 million)

Switch 2: 120 million (was 116 million)

PS4: 120 mil (was 100 then 130 million, then 122 million) Xbox One: 51 mil (was 50 then 55 mil)

3DS: 75.5 mil (was 73, then 77 million)

"Let go your earthly tether, enter the void, empty and become wind." - Guru Laghima