The "State of Play" event by Sony typically lasts about 35 minutes. For example, the recent September 2025 PlayStation State of Play was confirmed to run for approximately 35 minutes and featured game reveals and updates, including nearly five minutes of gameplay for the game Saros.
If the question refers to the general meaning of the phrase "state of play," it means the current situation or status of an ongoing process, not a duration.
To summarize, for the PlayStation "State of Play" events, expect about 35 minutes runtime.