Following the announcement of the all-new slim PlayStation 4 and the PS4 Pro, Sony released the highly anticipated System Update 4.0 to PS4 users around the world. But what's coming next? Here, we detail the features of PS4 system updates as they are released. Read next: Best PS4 games of 2017

If you are viewing a mobile version of this page, click here to see the latest version of this story.

When is the PS4 system update 4.5 release date?

Following just over a month of beta testing, Sony confirmed that PlayStation system update 4.5 would be released on 9 March 2017, two days after the rumoured 7 March 2017 launch. The day has now come and gone, and the update is available to all PS4 owners!

To download the update, simply power up your PS4, head to Settings > System Software Update. The console will automatically check for an update and if there is, it’ll be downloaded to the console (the length of time may vary depending on your Internet connection) and you’ll be notified once it’s completed. Once complete, head to Notifications > Downloads and open the System Update 4.5 download file. Once opened, follow the on-screen instructions to install the latest software for your PS4.

Read next: Best upcoming games in 2017 and beyond

What are the rumoured features?

Following the 4.0 update, the PS4 4.5 software update should bring a handful of smaller changes. The main feature of the latest update is the ability to install games on an external hard drive, connected to the console via USB. Previously, the use of external hard drives was limited to the storage of media like photos and videos, while now you'll be able to fully utilise the extra space. It should save you having to upgrade the HDD yourself, too.

Along with external hard drive support, the update brings 3D Blu-Ray support for those with a PlayStation VR headset. Pushed around the same time as 3D TVs, 3D Blu-Rays never really took off and although they're still being produced, it probably won't have a place in most homes for long. 

The Notifications tab has also had a makeover, and will offer notifications, downloads, uploads and game alerts in a single tab to see your news "at a glance", along with the ability to customise your PSN profile with gameplay screenshots and other images. 

There's also a PS4 Pro 'Boost mode' that improves the performance of games that haven't been specifically updated to support Sony's 4K console. 

What's new in PS4 System Update 4.0?

So, what’s new in Sony’s PS4 System Update 4.0? There are a few small updates, but we’ve got the headline features right here.

Of course, the headline feature of the PS4 System Update 4.0 is the introduction of Folders, a new way of organising your PlayStation 4 content in a neat and tidy way. Users can create as many folders as they desire, and can categorise each folder in a different way – some users prefer to group genres of games together, while others use folders to keep track of which games in their collection are physical, and which are digital. Either way, it’s a hugely requested feature and helps to keep your Home screen a little easier to browse through.

Apart from that, users can expect to find a refreshed user interface once the download has been installed. This includes a refreshed Home screen as well as a slicker (and frankly, cleaner) notification system, as well as an expanded “What’s New” activity feed, although we’re not sure how many of Sony’s millions of PS4 users use that functionality.

Our favourite part of the update is arguably Sony’s overhauled Quick Menu (the menu accessed by long-holding the PS button). Why? Traditionally, while the Quick Menu has been helpful in accessing certain controls and settings, it wasn’t actually very ‘quick’. The menu would completely take you out of the game you were in, and too many menus made it difficult to navigate.

That’s all gone with the introduction of System Update 4.0, as the Quick Menu now slides in from the side of your TV when activated, and takes up under a third of the screen. This means that you can keep an eye on what’s happening in-game, especially important when playing online games where it isn’t possible to pause the game. The menu performs in the exact same way, offering a number of functions and shortcuts, allowing users to do anything from change the song playing via Spotify to changing your Bluetooth accessory settings to turn off the console entirely.

The Library has been slightly tweaked too, making it a bit easier to use than it has been previously. Why? In System Update 4.0, the Library can show only games currently installed on the PS4 console, as well as all game purchases linked to your PSN account. Previously, all games and apps purchased via your PSN account would appear in alphabetical order with no way to tell what was installed, and what wasn’t.

While those are the headline features of System Update 4.0, there are a number of other changes. While we won’t list them all here, users can also expect to find HDR support for all PS4 consoles (although your TV will determine whether this affects you), along with the option to transfer all games and other content to a new PS4 via an Ethernet cable, and the ability to upload 140-second videos to Twitter too.