PC Peripherals Market

Growing numbers of educational institutions going digital are driving the market growth

Market CAGR for PC peripherals is being driven by the growing number of educational institutions going digital. The manufacturing, distributing, and retailing of add-ons for computers, laptops, tablets, and other computing devices is the business known as the global computer peripherals market. In order to improve user experience and increase the capabilities of the primary computing device, computer peripherals are external devices that offer extra functionality, connectivity, and input/output capabilities.

The growing need for PCs, laptops, and notebooks in educational institutions due to increased digitization will boost the market for PC peripherals.

Significant opportunities are anticipated to arise during the projected period as a result of the rising demand for external devices and an increase in the average person's disposable income. The global need for better USB devices is expected to increase due to the increase in data traffic and the growing need for smaller, more efficient storage devices. This presents players with substantial prospects. Over the course of the projection period, the surge in counterfeit goods is anticipated to pose a serious threat to the market.

Numerous producers of consumer electronics encounter difficulties due to the presence of fake goods in brick-and-mortar stores and online.

For instance, the Economic Cooperation and Development Survey from the Organization for Economic Cooperation and Development projects that 1,262,47 million households will be computer users in 2025. A computer household is defined as a residence that has at least one computer. Thus, result in driving the PC Peripherals market revenue.

The Global PC Peripherals Market Industry is poised for substantial growth, with projections indicating a market size of 8.72 USD Billion in 2024 and an anticipated increase to 25.6 USD Billion by 2035. This growth trajectory suggests a robust compound annual growth rate (CAGR) of 10.3% from 2025 to 2035. Such figures highlight the increasing consumer reliance on PC peripherals across various sectors, including gaming, remote work, and education. The market's expansion is likely to be driven by continuous technological advancements and evolving consumer preferences, positioning the industry for a dynamic future.

Technological advancements play a pivotal role in shaping the Global PC Peripherals Market Industry. Innovations in wireless technology, such as Bluetooth and Wi-Fi 6, enhance the functionality and convenience of peripherals, leading to increased consumer adoption. Additionally, the integration of smart features in devices, such as customizable RGB lighting and programmable buttons, caters to the evolving preferences of users. As manufacturers continue to invest in research and development, the market is expected to benefit from cutting-edge products that enhance user experience. This technological evolution is likely to contribute to the projected CAGR of 10.3% from 2025 to 2035, indicating a robust future for the industry.

The shift towards remote work and online learning has significantly impacted the Global PC Peripherals Market Industry. As individuals and organizations adapt to flexible work environments, there is an increased need for peripherals that enhance productivity and comfort. Products such as ergonomic keyboards, high-definition webcams, and noise-canceling headsets have become essential for effective communication and collaboration. This trend is expected to sustain the market's growth, with projections indicating that by 2035, the industry could reach 25.6 USD Billion. The demand for reliable and efficient peripherals is likely to remain strong as remote work and learning continue to be integral aspects of modern life.

The integration of smart home technology is influencing the Global PC Peripherals Market Industry, as consumers increasingly seek seamless connectivity between devices. Peripherals that can interact with smart home systems, such as voice-controlled speakers and smart displays, are becoming more prevalent. This trend reflects a broader shift towards interconnected ecosystems, where users expect their PC peripherals to enhance their overall smart home experience. As the demand for such products grows, manufacturers are likely to innovate and expand their offerings, further driving the market's growth. The potential for smart home integration may lead to new opportunities within the Global PC Peripherals Market Industry.

The Global PC Peripherals Market Industry experiences a notable surge in demand for gaming accessories, driven by the increasing popularity of eSports and gaming culture. In 2024, the market is projected to reach 8.72 USD Billion, reflecting the growing consumer interest in high-performance peripherals such as gaming mice, keyboards, and headsets. This trend is further supported by the rise of streaming platforms and online gaming communities, which encourage gamers to invest in superior equipment. As the gaming sector continues to expand, the Global PC Peripherals Market Industry is likely to witness sustained growth, appealing to both casual and professional gamers.

The Global PC Peripherals Market Industry is witnessing a growing emphasis on health and ergonomics, particularly as consumers become more aware of the potential health risks associated with prolonged computer use. Ergonomic peripherals, such as adjustable chairs, standing desks, and specialized keyboards, are gaining traction as individuals seek to improve their workspace comfort. This trend is likely to drive demand for products that promote better posture and reduce strain, thereby enhancing overall productivity. As awareness of these issues continues to rise, the market is expected to evolve, with manufacturers focusing on creating innovative solutions that address health concerns while maintaining functionality.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American PC Peripherals market area will dominate this market. The demand for top-notch gaming accessories has surged as more and more people in the area turn to gaming for enjoyment. This has raised the number of companies producing gaming peripherals in the area and heightened competition among them, both of which are expected to propel market expansion throughout the forecast period.

Further, the major countries studied in the market report are the US, Germany, France, the UK, Canada, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: PC Peripherals Market SHARE BY REGION 2023 (USD Billion)

Europe PC Peripherals market has the second-largest portion of the market. Numerous factors, including the growing popularity of gaming in the area, can be attributed to this growth. Further, the German PC Peripherals market had the biggest market share, and the UK PC Peripherals market was the European market with the quickest rate of growth.

The Asia-Pacific PC Peripherals Market is anticipated to expand between 2024 and 2032 at the quickest CAGR. High-performance peripherals are necessary for professional gamers to maintain a competitive advantage, and the growing popularity of esports competitions and gaming cafes is driving this rise. Moreover, China’s PC Peripherals market had the biggest market share, and the Indian PC Peripherals market was the Asia-Pacific region's fastest-growing market.

Leading market players are putting a lot of money into R&D to improve their product lines, which will fuel further growth in the PC peripherals market. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, PC Peripherals industry must provide reasonably priced goods.

Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the global PC Peripherals industry to help customers and expand the market segment. In recent years, the PC Peripherals industry has given the gaming business some of the biggest benefits. Major players in the PC Peripherals market include Microsoft Corporation, Apple Inc., Dell Technologies Inc., HP Inc., Acer Inc., ASUSTeK Computer Inc., Lenovo Group Limited, and others are engaging in research and development activities in an effort to boost market demand.

Canon Inc. is a worldwide firm based in Tokyo, Japan, with a focus on optical, image, and industrial products. Its products include lenses, cameras, medical equipment, scanners, printers, and equipment used in semiconductor manufacturing. One year after Hewlett-Packard, in 1985, Canon unveiled their inkjet printer that utilized bubble-jet technology. 

The Canon EOS 650 autofocus SLR camera and the Canon Electro-Optical System (EOS), named for the goddess of the dawn, were released by Canon in 1987. In October 2023, as an alternative to ASML's extreme ultraviolet lithography systems, Canon unveiled its new nanoimprint lithography manufacturing systems, claiming that they are easier to use and more economical. This technology can print circuits as small as 5 nm in size onto silicon wafers without the need for photolithography.

Personal computers (PCs), printers, related supplies, and 3D printing services are all developed by HP Inc., an American multinational information technology business with its headquarters located in Palo Alto, California. Both David Packard and Bill Hewlett, who earned electrical engineering degrees from Stanford University in 1935, created Hewlett-Packard in 1939. In Palo Alto, California, the business began in the HP Garage. In February 2022, HP declared that it had purchased Choose Packaging, a packaging development firm located in Edinburgh, with the aim of enhancing its competencies in the sustainable packaging sector.