Sony has confirmed that it will bring Variable Refresh Rate (VRR) support to the PlayStation 5 sometime in the future via a system software update.
The news comes from an updated system FAQ on the Official PlayStation Blog (via VGC) in which Sony confirms that the “PS5 hardware supports Variable Refresh Rate (VRR) through HDMI 2.1.”, adding that “after a future system software update, PS5 owners will be able to use the VRR feature of compatible TVs when playing games that support VRR.”
VRR is a fairly desirable feature, particularly for the high-frame-rate-targeting next-gen consoles, as essentially it enables a TV to adjust its refresh rate in real-time to match the frame rate output by the console.
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https://www.techradar.com/news/ps5-will-get-a-key-visual-feature-in-a-future-system-software-update-confirms-sony