The short answer
Not really, and not well.
Neither major console family has a proper IPTV player available through its store. Consoles run closed platforms where every app is approved individually by the manufacturer, and general-purpose IPTV players have not been part of that catalogue.
The workarounds that exist are genuinely usable in a pinch, but none of them is a good permanent arrangement — which is why the honest recommendation is almost always a streaming stick instead.
Why the hardware being capable does not help
This is the part that feels contradictory. A modern console is vastly more powerful than a streaming stick and decodes video effortlessly.
The obstacle is not capability but permission. You cannot install software the manufacturer has not approved — there is no sideloading, no unknown-sources setting, and no equivalent of the app-installation route available on Android-based devices, described in when an app will not install.
So the question is never "can it handle the stream", which it plainly can. It is "is there an app", and there is not.
What people actually try
The built-in browser
Xbox includes a full web browser, and it will play some streams if you paste a direct address into it.
In practice this is poor. There is no channel list, no guide and no favourites, so you are typing long addresses with a controller every time you want to change channel. Playback support is inconsistent, and many stream formats simply will not play. It works well enough to prove a point and badly enough that nobody keeps doing it.
PlayStation has no comparable general browser on current models, so even this route is largely closed.
Casting from a phone
Consoles are not standard casting targets in the way a streaming stick is, so this generally does not work the way people expect.
Media server apps
Both platforms have apps for playing your own media from a home server. These are designed for files you own, not for live streams, and while some elaborate setups can bridge the two, the effort involved is far greater than the cost of a stick.
The practical comparison
Put next to the alternative, the case closes quickly.
- A streaming stick costs less than a couple of games, runs a real player with a channel list and guide, and works with a simple remote.
- A console gives you no player, a controller instead of a remote, and considerably more power draw and fan noise for watching television.
That last point is underrated. A console idling on a video stream uses many times the electricity of a stick and is audible in a quiet room. Over a year of evening viewing, the stick pays for itself.
If you are choosing what to buy, Firestick vs Android box vs Smart TV covers the realistic options.
If a console is genuinely your only option
Occasionally it is — a room where the console is the only connected device, or a temporary setup.
In that case the most workable approach is not the console at all but the television it is plugged into. Many modern sets run their own app platforms, and a player installed there avoids the console entirely; IPTV on a Smart TV covers what to expect.
Failing that, a laptop connected by HDMI is a far better temporary source than a console browser, because it runs any player you like. That route is covered in IPTV on Windows and Mac.
What might change
Nothing about this is a technical barrier, so it could change if a manufacturer approved such an app. Nothing suggests that is imminent, and it is not worth waiting for.
For now, treat the console as what it is — a games machine that happens to run a handful of approved video services — and put a stick in the spare HDMI port next to it.
Frequently asked questions
Can I watch IPTV on Xbox?
Not properly. There is no IPTV player app in the store, and while the built-in browser can play some direct stream addresses, there is no channel list, guide or favourites, so it is impractical day to day.
Can I watch IPTV on PlayStation?
No. There is no IPTV player available and no general web browser on current models, so the workaround that partly exists on Xbox is not available.
Why can I not install an IPTV app on a console?
Consoles are closed platforms where every app is approved by the manufacturer, and there is no sideloading. The hardware is more than capable; the obstacle is permission, not power.
What should I use instead of a console?
A streaming stick or small box. It costs less than a couple of games, runs a real player with a channel list and guide, uses far less electricity and comes with a proper remote.