Why am I experiencing this?

You can experience this error when you are trying to update a game using a damaged disc or you improperly download the game and try to run the installation. It could result due to incompatibility issues with the PS5 system. Most game manufacturers haven’t properly coded their games to be compatible with the newest PS5 system software.
Some fundamental files in your PS5 could be missing and this could result in the error code you are experiencing. Lack of storage space on your PS5 system.

• To fix this error code, follow the instructions outlined below:

Try freeing up more space on your PS5 system before attempting to install the file again. The reason for this is because the PS5 console needs 15 – 20% of your storage capacity to be free to function optimally.
Rebuild the PS5 database. Before you can rebuild your PS5 database, power off all attached devices such as controllers, Bluetooth headsets, USB storage drives, etc., because they could interface with the device startup. To rebuild your PS5 database, follow the set of instructions outlined below:
Turn off your PS5 console.

You can do this by holding the power button for three seconds.
Once the console is turned off, hold the power button again but this time, release it after you hear the second beep. (The second beep comes 7 seconds after you have heard the first beep). Doing this will restart your PS5 in Safe Mode.
– Connect the controller to your PS5 using the USB cable and press the PS
– Select Rebuild Database.
Now you’ll have to wait until the rebuilding is complete. Once it’s complete, restart your PS5 and check if the error code has been cleared. If you are still experiencing the error code then try updating your firmware. To do this, go to Settings, then System Update, and finally select check now to ensure you are using the current or updated firmware.
In a bid to fix the error code, you can also try restoring your PS5 firmware. Go to Settings, then Users and Accounts, select Others, and finally Restore Licenses. If you have previously disabled sharing and online play. Re-enable it as this is a potential reason why you are experiencing this error code.

You can do this from Settings > Users and Accounts > Other > enable console sharing and online play. You can also reset your network settings. To do this, navigate to Settings > Select Devices > press Options (the box with three dots next to the Wireless Controller). Select the Settings on the right side then scroll down to Network and select Set Default Setting. Finally, select Restart PS Now.

Try resetting your router and redownloading the game.
Try resetting your PS5 system. You should only try this as a final resort if none of the above methods seems to work for you because doing this will erase everything on your console. To do this, go to Settings > System Software > Reset Options > Reset your console > Reset.