Computer Accessories Market Size to Grow by USD 4.28 Bn at a CAGR of 5.87%| Software segment is expected to witness lucrative growth | Technavio – PR Newswire
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NEW YORK, May 27, 2022 /PRNewswire/ — The Computer Accessories Market size is expected to grow by USD 4.28 billion with a YOY growth of 5.45% during the forecast period. One of the key factors driving the computer accessories market growth is the growing popularity of e-sports. The report offers an up-to-date analysis of the current market scenario and information from several leading manufacturers.
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This market research report extensively covers Computer Accessories Market segmentations by the following:
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Computer Accessories Market Dynamics
Market Driver
The growing popularity of e-sports is one of the primary reasons driving the computer accessories market. With the introduction of e-sports leagues, the gaming environment has changed dramatically. As more gamers turn to gaming as a job, purchasing gaming gear has become a need for many games. The E-sports league began as a way to turn video games’ entertainment value into a global sports craze.
Market Trend
Another important element driving the growth of the computer accessories market is replacement sales outnumbering new product sales, as well as a rising desire for assembly. Customers’ reasons for acquiring PC peripherals are changing, according to the computer accessories market. Customers are increasingly purchasing PC peripherals as replacements for their current systems rather than for first use. This market is rapidly expanding as customers replace their outdated peripherals with newer, more technologically advanced models.
Market Challenge
One of the major obstacles to the computer accessories market’s growth is the declining demand for standalone devices and the rise of the smartphone and tablet markets. Smartphones and tablets are becoming increasingly popular because they offer nearly all of the features found on a computer. Smartphones and tablets make surfing the internet and viewing the web more convenient. As a result, non-business users prefer smartphones and tablets to PCs since they are more portable.
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Computer Accessories Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 5.87%
Market growth 2021-2025
USD 4.28 billion
Market structure
Fragmented
YoY growth (%)
5.45
Regional analysis
North America, APAC, Europe, South America, and MEA
Performing market contribution
APAC at 51%
Key consumer countries
US, China, Japan, South Korea (Republic of Korea), and UK
Competitive landscape
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
AZIO Corp., Corsair Components Inc., COUGAR, KYE Systems Corp, Mad Catz Global Ltd., Mionix, Seagate Technology Public Ltd. Co., SteelSeries ApS, Turtle Beach Corp., and Western Digital Corp.
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, Market condition analysis for 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.
Computer Accessories Market Segmentation
Download Sample Report: to know additional highlights and key points on various market segments and their impact in coming years.
Computer Accessories Market Vendor
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Find out the top market vendors, their competition, and how they excel in the Computer Accessories Market in our latest Sample Report. Download our Detailed Sample Report.
Product Insights and News
AZIO Corp.
The company offers keyboards, mice, mousepads, BlueTooth dongles, and other accessories. The company also offers audio products, accessories, and support services.
HP Inc.
The company offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services. The company offers printers, batteries, chargers, adapters, mouse, keyboards, and others.
Logitech International SA
The company focuses on the design, manufacture, and marketing of peripherals for PCs, tablets, and other digital platforms. The company offers mouse, keyboards, headsets, speakers, webcams, and others.
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by End-user
7 Customer landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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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Technavio Research
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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