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Around 18 million. 20 million or so would be more possible if there weren't such supply chain issues.
PS5 will probably peak in 2024, maybe 2023 when supply issues are hopefully less significant than 2020-2022.

Bonus: Marvel's Spider-Man 2. It's one of the ninth generation games I want a PS5 for.



Lifetime Sales Predictions 

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

PS5: 115 million (was 105 million) Xbox Series S/X: 57 million (was 60 million, then 67 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