Global Computer Accessories Market Overview:
Computer Accessories Market size was estimated at 39.96 (USD Billion) in 2022. The Computer Accessories Market industry is expected to grow from 42.42(USD Billion) in 2023 to 72.69 (USD Billion) by 2032. The computer accessories market CAGR (growth rate) is expected to be around 6.16% during the forecast period (2024-2032).
Key Computer Accessories Market Trends Highlighted
The computer accessories market is driven by the increasing adoption of personal computers, laptops, and other computing devices. Additionally, the growing popularity of gaming and the need for ergonomic accessories are further propelling market growth.
Key market trends include the increasing demand for wireless accessories, the growing adoption of smart home devices, and the rise of e-commerce. Opportunities exist in the development of innovative and specialized accessories, targeting specific user needs and emerging technologies.
Recent trends include the integration of artificial intelligence (AI) and Internet of Things (IoT) capabilities into computer accessories, enhancing functionality and user experience. The growing emphasis on sustainability is also driving the demand for eco-friendly and energy-efficient accessories.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Computer Accessories Market Drivers
Rising Demand for Personal Computers and Laptops
The increasing popularity of personal computers (PCs) and laptops has been a major driver of the growth of the Computer Accessories Market. PCs and laptops are essential for a wide range of tasks, from work and school to entertainment and gaming.
As the number of PC and laptop users continues to grow, so does the demand for accessories such as keyboards, mice, headsets, and webcams. These accessories enhance the user experience and make it more convenient and efficient to use PCs and laptops.
The growing adoption of remote work and online learning has further accelerated the demand for computer accessories, as more people rely on their personal computers and laptops for work and education.
Advancements in Technology
Technology advancement is another key growth driver of the Computer Accessories Market. The development of new technology has led to the emergence of new and sophisticated computer accessories in the market. Some of the new technologies that have driven the growth of new and innovative computer accessories include wireless technology, high-resolution displays, and ergonomic designs among others.
As a result of the introduction of wireless technology, the development of wireless keyboards and mice does not require any cables which limit the freedom of computers’ movement. Moreover, with the increase in the number of internet users, the use of high-resolution displays has made it easier for clients to view images and videos.
Growing Popularity of Gaming
The growing popularity of gaming has helped the Computer Accessories Market to grow. Gaming is one of the most popular forms of entertainment today, and millions of people play video games on their computers, desktops, or laptops. There is currently a high demand for gaming accessories, such as gaming keyboards, gaming mice, and gaming headsets.
All these accessories are designed to improve the gaming experience and provide the players with extra precision, control and excitement. The rise of esports has further increased the popularity of gaming accessories, as professional esports players use high-quality accessories when competing in leagues and tournaments.
Computer Accessories Market Segment Insights
Computer Accessories Market Product Type Insights
The Computer Accessories Market is segmented by product type into keyboards, mouse, headsets, webcams, microphones, cooling pads, power banks, and speakers. The keyboards segment is expected to account for the largest share of the market in 2023, with a revenue of 12.45 billion USD.
The mouse segment is expected to follow with a revenue of 10.02 billion USD. The headsets segment is projected to grow at the highest CAGR of 7.8% during the forecast period, reaching a value of 8.43 billion USD by 2032. Keyboards are essential input devices for computers, used for typing, coding, and gaming.
The growth of the keyboards segment is driven by the increasing demand for ergonomic keyboards and gaming keyboards. Mouse is another important input device, used for navigation and selection. The mouse segment is expected to benefit from the growing popularity of wireless mice and gaming mice. Headsets are used for audio communication and entertainment.
The growth of the headsets segment is fueled by the rising popularity of online gaming and video conferencing. Webcams are used for video communication and streaming. The Webcams segment is expected to grow due to the increasing use of video conferencing and streaming services.
Microphones are used for audio recording and communication. The microphones segment is expected to benefit from the growing popularity of podcasting and streaming. Cooling pads are used to prevent computers from overheating. The cooling pads segment is expected to grow due to the increasing use of high-performance computers and gaming laptops.
Power banks are used to provide portable power to electronic devices. The segment is expected to grow due to the increasing use of smartphones and tablets. Speakers are used for audio output. The growth of the market is driven by the increasing demand for computers and electronic devices, as well as the rising popularity of online gaming and video conferencing.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Computer Accessories Market Technology Insights
The Computer Accessories Market is split by technology, such as wired, wireless, gaming-specific, and ergonomic. Wired accessories are standard accessories that plug into a computer using a physical cable. They are usually cheaper than wireless accessories but can be less convenient to use. Wireless accessories connect to a computer using Bluetooth or other wireless technology. They are typically more convenient than wired accessories but may be more expensive too.
Gaming-specific accessories are designed for people who play computer games and have features that enhance their gaming experience. They may include gaming mice, keyboards, headsets, and controllers. Ergonomic accessories are designed to be more comfortable to use than standard accessories and may reduce the chance of developing repetitive strain injury.
They may include ergonomic keyboards, mouse, and chairs. The wired segment is expected to be the largest segment in the Computer Accessories Market in 2023, followed by the wireless segment. The gaming segment is expected to be the fastest growing one with a CAGR of 15.4%. The ergonomic window is also expected to grow with a CAGR of 9.1%.
The Computer Accessories Market will be driven by the growing interest in computers and laptops. The growing popularity of online gaming is also expected to drive the growth of the gaming window. The growing interest in ergonomics is expected to drive the growth of the ergonomic window.
Computer Accessories Market Compatibility Insights
The compatibility segment plays a crucial role in the Computer Accessories Market, influencing market dynamics and shaping the industry landscape. The market segmentation based on compatibility primarily categorizes accessories into four prominent device types: PC, mac, console, and mobile.
In 2023, the PC segment held a significant market share, accounting for approximately 45.7% of the global market revenue, driven by the widespread adoption of personal computers for professional and personal use. The Mac segment captured a notable market share of 22.1%, benefiting from Apple's strong brand loyalty and the popularity of its ecosystem.
The console segment, catering to the gaming industry, held a market share of 18.9%, fueled by the rising demand for immersive gaming experiences. The Mobile segment, encompassing accessories for smartphones and tablets, exhibited a promising growth trajectory, capturing a market share of 13.3% and poised for further expansion in the coming years.
As the Computer Accessories Market continues to expand, market growth is expected to be influenced by the increasing penetration of technology, the proliferation of connected devices, and the growing adoption of remote work and online gaming. These factors are anticipated to drive demand for accessories that enhance device functionality, connectivity, and user experience.
Computer Accessories Market Usage Insights
The usage segment in the Computer Accessories Market is categorized into gaming, professional, casual, and home office. Among these, the gaming segment is expected to hold the largest market share in 2023, with a valuation of 12.84 (USD Billion). This dominance is attributed to the rising popularity of online and virtual reality gaming, driving demand for high-performance accessories like gaming mice, keyboards, and headsets.
The professional segment is projected to witness significant growth over the forecast period, as businesses invest in ergonomic and specialized accessories to enhance productivity and comfort. Casual and Home Office segments are also expected to contribute to market growth, driven by increasing remote work and home entertainment trends.
Computer Accessories Market Price Range Insights
The Computer Accessories Market segmentation by price range comprises budget-friendly, mid-range, high-end, and premium segments. The budget-friendly segment holds a significant market share due to its affordability and caters to a wide range of consumers. The mid-range segment offers a balance of features and cost, appealing to value-conscious buyers.
The high-end segment targets users seeking premium products with advanced functionalities, contributing to its higher market share in 2023. The premium segment caters to niche users demanding cutting-edge accessories and is expected to witness substantial growth by 2032. This segmentation provides insights into consumer preferences and market dynamics, enabling stakeholders to tailor their strategies accordingly.
Computer Accessories Market Regional Insights
The Computer Accessories Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional market, accounting for 38.2% of the global revenue in 2023.
Europe is the second largest market, with a share of 29.4%. APAC is the fastest growing region, with a CAGR of 7.2% from 2023 to 2032. The growth in APAC is driven by the increasing demand for computer accessories in emerging economies such as China and India. South America and MEA are relatively small markets, but they are expected to grow at a CAGR of 6.5% and 6.7%, respectively, from 2024 to 2032.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Computer Accessories Market Key Players and Competitive Insights
Major players in the computer accessories market are constantly striving to gain a competitive edge by introducing innovative products and expanding their market presence. Leading players are focusing on developing products that cater to the evolving needs of consumers and businesses.
The computer accessories market is witnessing the emergence of new players and the expansion of existing players through mergers and acquisitions. This competitive landscape is driving the development of new technologies and products, as well as the adoption of innovative marketing strategies.
Logitech has a strong global presence and a diverse product portfolio. The company offers a wide range of products, including keyboards, mice, headsets, webcams, and gaming accessories. Logitech has a strong focus on innovation and product development, and the company has a proven track record of success in introducing new products that meet the needs of consumers and businesses. Logitech's commitment to quality and customer satisfaction has helped the company to maintain its leadership position in the computer accessories market.
Razer, another important player, is known for its high-performance gaming accessories. The company offers a wide range of products, including gaming mice, keyboards, headsets, and controllers. Razer has a strong focus on design and ergonomics, and the company's products are designed to provide gamers with the best possible experience. Razer has a strong online presence and a loyal customer base, and the company has been successful in expanding its reach into new markets.
Key Companies in the Computer Accessories Market Include
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Razer
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HyperX
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ASUS
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Dell
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Lenovo
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SteelSeries
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EVGA
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Thermaltake
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Logitech
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HP
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Acer
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Apple
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Corsair
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Microsoft
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MSI
Computer Accessories Market Developments
The Computer Accessories Market is projected to reach a value of USD 72.69 billion by 2032, expanding at a CAGR of 6.16% from 2024 to 2032. This growth is attributed to the increasing penetration of computers and laptops, coupled with the rising adoption of work-from-home and remote learning models.
The market is witnessing the emergence of innovative products such as ergonomic keyboards, wireless mice, and multi-functional docking stations, catering to the evolving needs of consumers. Key players in the market include Logitech, Razer, and HP, among others, who are focusing on product development and strategic partnerships to gain a competitive edge. Recent advancements in technology, such as the adoption of AI and IoT, are expected to further drive market growth in the coming years.
Computer Accessories Market Segmentation Insights
Computer Accessories Market Product Type Outlook
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Keyboards
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Mice
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Headsets
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Webcams
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Microphones
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Cooling Pads
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Power Banks
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Speakers
Computer Accessories Market Technology Outlook
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Wired
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Wireless
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Gaming-specific
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Ergonomic
Computer Accessories Market Compatibility Outlook
Computer Accessories Market Usage Outlook
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Gaming
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Professional
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Casual
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Home Office
Computer Accessories Market Price Range Outlook
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Budget-friendly
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Mid-range
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High-end
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Premium
Computer Accessories Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
39.96 (USD Billion) |
| Market Size 2023 |
42.42 (USD Billion) |
| Market Size 2032 |
72.69 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
6.16% (2024-2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2019-2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Razer, HyperX, ASUS, Dell, Lenovo, SteelSeries, EVGA, Thermaltake, Logitech, HP, Acer, Apple, Corsair, Microsoft, MSI |
| Segments Covered |
Product Type, Technology, Compatibility, Usage, Price Range, Region |
| Key Market Opportunities |
Growing Remote Work E-Sports Growth Advanced Gaming Accessories Wireless Peripheral Devices Customization And Personalization |
| Key Market Dynamics |
Rising Demand for Gaming Accessories Technological Advancements Growing Adoption of Wireless Peripherals Increase in Disposable Income Expanding E-Commerce Industry |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Computer Accessories Market was valued at 42.42 billion USD in 2023.
The Computer Accessories Market is projected to reach 72.69 billion USD by 2032.
The Computer Accessories Market is anticipated to grow at a CAGR of 6.16% from 2024 to 2032.
North America is expected to hold the largest market share in the Computer Accessories Market in 2032.
The gaming segment is expected to hold the largest market share in the Computer Accessories Market in 2032.
Some of the key competitors in the Computer Accessories Market include Logitech, Razer, Corsair, and SteelSeries.
Key growth drivers include the increasing popularity of gaming, the growing adoption of remote work, and the rising demand for ergonomic accessories.
Some of the challenges faced by the market include intense competition, the rapid pace of technological change, and the rising cost of raw materials.
Prominent growth opportunities include expansion of the gaming industry, the growing popularity of esports, and the rising demand for personalized accessories.
Key factors to consider when investing in the computer accessories market include the competitive landscape, the regulatory environment, and the economic conditions.
