Probably not, unless Nintendo tries their hand at a traditional home console again. Only five companies have ever had a console that could be defined as having mainstream success: Atari, Nintendo, Sega, Sony, and Microsoft. There are far more companies that failed to gain a foothold in the console hardware market. The ones that did have success had the right combination of games, marketing, and other factors that go into making a system popular. Even then, two of those five only really had one truly successful system (Atari with the VCS/2600 and Sega with the Genesis) and eventually left the console market. With so many failed attempts, it's hard to see who could fill a vacuum left by Xbox leaving the hardware market. Any company attempting this would at minimum need a solid piece of hardware that's price competitive with PlayStation and that has must-have exclusive games, much like how the NES had SMB, the Genesis had Sonic, the PS1 had FF7, and the Xbox had Halo CE.
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In accordance to the VGC forum rules, §8.5, I hereby exercise my right to demand to be left alone regarding the subject of the effects of the pandemic on video game sales (i.e., "COVID bump").
