Gaming Peripherals Market Predicted to Register $14,396.40 Million and Grow at 9.9% CAGR in the 2022-2030 Forecast Period [230-Pages] | Declared by Research Dive
Gaming peripherals market is expected to grow by 2030 due to growing product advancements & strategic alliances among market players. PC sub-segment is expected to be dominant. Market in the North America region is predicted to flourish by 2030.
NEW YORK, June 27, 2022 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Gaming Peripherals Market by Component (Headsets, Keyboard, Controller, Mice, and Others), Device Type (PC and Gaming Console), Connectivity Type (Wired and Wireless), End-use (Online and Offline), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2030".
According to the report, the global gaming peripherals market is expected to register a revenue of $14,396.40 million by 2030, growing at a stable CAGR of 9.9% during the forecast period 2022-2030.
Dynamics of the Gaming Peripherals Market
Drivers: Growing strategic alliances among some significant market players along with their product advancements are some key factors anticipated to drive the growth of the global gaming peripherals market during the forecast period. Moreover, the increasing popularity of e-sports among hardcore online gamers is yet another factor estimated to boost the market growth by 2030.
Opportunities: The introduction of augmented reality, high-definition displays, and virtual reality along with the affordability of gaming consoles and other peripheral devices are some factors expected to create abundant growth opportunities for the global gaming peripherals market by 2030.
Restraints: High cost of gaming peripherals is the prime factor predicted to impede the market growth.
Covid-19 Impact on the Gaming Peripherals Market
The global gaming peripherals market has witnessed a moderate downfall during the Covid-19 catastrophe due to halt in the manufacturing and production of gaming peripherals due to strict lockdowns. Moreover, the slowdown of these devices' production in China also impacted the global market severely. However, the growing population of online video gamers across the world especially during the peak hours of the day is a prime factor projected to revive the market growth post the pandemic stress.
Segments of the Gaming Peripherals Market
The report has segmented the gaming peripherals market into multiple segments based on component, device type, connectivity type, end-use, and regional analysis.
Prominent Gaming Peripherals Market Players
Some prominent gaming peripherals market players are
These key players are undertaking various strategies such as product development and enhancement, merger and acquisition, partnerships and collaborations to sustain the market growth. – Inquire here to Grab full report of Gaming Peripherals Market
For example, in July 2020, Logitech, a renowned gaming peripheral manufacturer, launched its brand-new G502 Lightspeed wireless gaming mouse that also supports the brand's proprietary wireless charging technology to further boost the demand for gaming peripherals.
The report also summarizes many important facets including financial performance of the key market players, SWOT analysis, product portfolio, and the latest strategic developments.
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About Research Dive
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
Mr. Abhishek Paliwal