Gaming Peripheral Market is expected to reach US$ 9.36 Bn by 2029, at a CAGR of 10.4% during the forecast period.
Gaming Peripheral Market Overview
The "Gaming Peripheral Market” analysis is a specialized and extensive examination of the Gaming Peripheral market, with a particular emphasis on global market trends and analysis. The purpose of the report is to give an overview of the Gaming Peripheral market, as well as extensive market segmentation by type, end-user, and geography of the region. During the predicted period, the Gaming Peripheral market is expected to develop rapidly. The research provides important information on the market position of the Gaming Peripheral market major players, as well as significant market trends and opportunities.
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The report includes a SWOT analysis to assess the Gaming Peripheral market strengths and weaknesses. The research analyst conducts thorough research of the Gaming Peripheral Market size, share, trends, total earnings, gross revenue, and profit margin to precisely anticipate the market and give professional insights to investors to keep them up to speed on market developments.
The report on Gaming Peripheral Market offers a thorough analysis of the industry that is equipped with a major key finding that includes major market drivers, opportunities, challenges, and growth rate of the Gaming Peripheral market. The report acts as a guide for investors in the industry. The report provides the size of the Gaming Peripheral Market and Compound Annual Growth Rate for the forecast period (2022 to 2029).
Segmentation
The gaming peripheral market is divided into two categories: PC and gaming consoles.
With a market share of more than xx% in 2021, the PC segment dominated the market and is expected to do so throughout the forecast period. Face recognition and gesture-based gaming, combined with high-quality graphics and an improved playing experience, are expected to boost PC market demand.
Vendors place a premium on mid-level gaming PCs for revenue generation based on the availability of graphics and computing. To satiate gamers' curiosity and enthusiasm, gaming PCs are typically custom-built to meet specific specifications such as a high-end CPU, graphics processing unit (GPU), overclocked processor, and liquid cooling, among others.
PC gamers are classified into three types: casual gamers, hardcore gamers, and enthusiast gamers. Casual gamers spend less time on PC and are less aware of the latest technology used in gaming peripheral products, whereas hardcore gamers spend more time on PC. Gamer enthusiasts are mostly interested in sports and do not spend much time playing PC games. As a result, an increase in gaming enthusiasts is expected to boost demand for PC gaming peripherals.
With the introduction of e-sports and virtual gaming, the demand for gaming keyboards and gamepads has increased, allowing consumers to have a better gaming experience. As a result, as consumer demand for games increases, so will demand for gaming consoles, peripheral devices, and other related products.
Key Players
• Corsair Components, Inc.
• Guillemot Corporation S.A
• Kingston Technology
• Logitech
• Madcatz
• Razer Inc.
• ROCCAT STUDIOS
• Sennheiser Electronic
• Sharkoon Technologies
• SteelSeries
• Thermaltake Technology Co.
• Turtle Beach Corporation
• Cooler Master Technology Inc.
• Plantronics Inc.
• Rapoo Corporation
• Redragon USA
• Other Key Players
Regional Analysis
The Gaming Peripheral market research provides the market area, which is further divided into sub-regions and countries. This section of the report contains information on profit forecasts as well as market share in each country. This part of the report discusses each region, country, and sub-market region's share and growth rate over the estimated time.
The report provides a PESTLE analysis for all five regions namely North America, Europe, Asia Pacific, Middle East, Africa, and South America for the Gaming Peripheral market.
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Mar 06, 2023