NEW YORK, Oct. 15, 2023 /PRNewswire/ -- The gaming peripheral market size is expected to grow by USD 5.6 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 9.41% during the forecast period, according to Technavio. The rising popularity of e-sports is notably driving the gaming peripheral market. However, factors such as the easy availability of counterfeit products may impede market growth. The market is segmented by type (controllers, headsets, keyboards, gaming mice, and others), technology (wired and wireless), and geography (North America, APAC, Europe, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the gaming peripheral market, including Corsair Gaming Inc., COUGAR, Creative Technology Ltd., DuckyChannel International Co. Ltd., GoodBetterBest Ltd., Kingston Technology Co. Inc., Mad Catz Global Ltd., Microsoft Corp., Plantronics Inc., Razer Inc., Sentey Inc., Shure Inc., Skullcandy Inc., Sony Group Corp., SteelSeries ApS, Thermaltake Technology Co. Ltd., Turtle Beach Corp., Logitech International SA, Sennheiser Electronic GmbH and Co. KG, and Sharkoon Technologies GmbH.
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Technavio has announced its latest market research report titled Global Gaming Peripheral Market 2023-2027
Gaming Peripheral Market 2023-2027: Company Analysis
Corsair Gaming Inc: The company offers gaming peripherals such as monitors, gaming laptops, CPU coolers, storage.
Gaming Peripheral Market 2023-2027: Segmentation
Type
The market growth of the controllers segment is significant during the forecast period. There has been a significant change in video game controllers over the years. For instance, some video game controllers, like the Atari, have a single button and a joystick. In addition, the latest controller offers users the ability to move in any user-specified direction instead of being limited to the right, left, up, and down directions provided by the directional pad. Hence, such factors fuel the growth of this segment which in turn will drive the market growth during the forecast period.
Technology
Geography
The region offering significant growth opportunities to companies is North America. The US is one of the major contributors to the market growth in the region as it is an innovator in e-sports tournaments and is home to several other professional gaming companies. For instance, more than 60% of households have at least one person who plays games regularly. Hence, such factors are driving the marekt growth in North America during the forecast period.
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Gaming Peripheral Market Scope | |
Report Coverage | Details |
Base year | 2022 |
Historic period | 2017-2021 |
Forecast period | 2023-2027 |
Growth momentum & CAGR | Accelerate at a CAGR of 9.41% |
Market growth 2023-2027 | USD 5.6 billion |
Market structure | Fragmented |
YoY growth 2022-2023 (%) | 8.67 |
Regional analysis | North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution | APAC at 35% |
Key countries | US, China, Japan, Germany, and UK |
Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled | Corsair Gaming Inc., COUGAR, Creative Technology Ltd., DuckyChannel International Co. Ltd., GoodBetterBest Ltd., Kingston Technology Co. Inc., Mad Catz Global Ltd., Microsoft Corp., Plantronics Inc., Razer Inc., Sentey Inc., Shure Inc., Skullcandy Inc., Sony Group Corp., SteelSeries ApS, Thermaltake Technology Co. Ltd., Turtle Beach Corp., Logitech International SA, Sennheiser Electronic GmbH and Co. KG, and Sharkoon Technologies GmbH |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Technology
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio