According to IMARC Group latest published report, The global gaming peripherals market size reached US$ 4.02 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting at a CAGR of 8.44% during 2022-2027.
What are Gaming Peripherals?
Gaming Peripherals Definition:- Gaming peripherals refer to numerous auxiliary devices that are widely used by gamers for a seamless gaming experience. They include input and output equipment, including joysticks, headsets, gamepads, mouse, speakers, additional displays, keyboards, etc. These wired and wireless instruments are connected with laptops and personal computers (PC) to provide improved convenience to individuals. As video games offer an interactive gaming session, they are gaining extensive traction over traditional board games.
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Covid-19 Scenario:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Gaming Peripherals Market Trends:
The increasing penetration of high-speed internet connectivity and the rising number of gaming enthusiasts and professional gamers are among the key factors stimulating the gaming peripherals market. Moreover, the inflating popularity of e-sports and virtual reality (VR) games and improving gaming graphics are positively influencing the global market. Besides this, the escalating demand for special customizable gaming keyboards and gamepads that offer enhanced convenience and better ergonomics to gamers is acting as another significant growth-inducing factor. Furthermore, continuous technological innovations and the growing disposable income levels of individuals are catalyzing the market growth.
Apart from this, the emerging trend of game streaming platforms and the widespread adoption of cloud-based games that eliminate the requirement of hardware upgradation are further propelling the global market. Additionally, the introduction of advanced gaming consoles with whole-body sensors and superior-quality gaming peripherals by leading manufacturers is also augmenting the market growth. In line with this, the development of virtual and augmented reality-based (AR/VR) games that provide an immersive experience to users is expected to fuel the gaming peripherals market over the forecasted period.
Competitive Scenario with Key Players:
The competitive landscape of the market has also been analyzed, with some of the Top most popular gaming peripherals brands
Alienware, Logitech, Razer, Mad Catz, Turtle Beach, Corsair, Cooler Master, Sennheiser, HyperX, SteelSeries, Anker, Roccat, Reddragon, Das, Gamdias, Sades, etc.
The report cover the below key market segments:
Breakup by Product Type:
- Headsets
- Keyboards
- Joysticks
- Mice
- Gamepads
- Others
Breakup by Gaming Device Type:
- PC (Desktop/Laptop)
- Gaming Consoles
Breakup by Technology:
- Wired
- Wireless
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Breakup by Distribution Channel:
- Online
- Offline
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
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