Authored By: Sarah
01 Apr 2022

Gaming Peripheral Market | Leading Segments, Trends, Drivers and Challenges
Growth Projections for 2021-2025

The gaming peripheral market is expected to grow by $ 3.36 billion, accelerating at a CAGR of almost 7% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Gaming Peripheral Market: Segments and Leading  Regions

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The report segments the market by Technology (Wired and Wireless), Type (Controllers, Headsets, Keyboards, Gaming mice, and Mouse pads), and Geography (North America, APAC, Europe, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
  • 36% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Gaming Peripheral Market size.

Gaming Peripheral Market to Grow by $ 3.36 Billion through 2021-2025 | Growth Segments and Market Trends

Gaming Peripheral Market: Trends, Drivers, Challenges to impact growth

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

  • A significant factor in driving the growth of the Gaming Peripheral Market will be the rising popularity of e-sports.
  • Another factor that will boost market growth will the emergence of haptics gaming peripherals, rising popularity of multiplayer video games, and growing advances in gaming mice.
  • Easy availability of counterfeit products is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Gaming Peripheral Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Corsair Components Inc., GN Store Nord AS, Kingston Technology Co. Inc., Logitech International SA, Microsoft Corp., Razer Inc., Sennheiser electronic GmbH and Co. KG, Sony Corp., SteelSeries ApS, and Turtle Beach Corp. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

 

Browse through some of other related market research reports for more insights:

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  • Gaming Software Market: Technavio has been monitoring the gaming software market and it is expected to grow by $ 65.19 billion, accelerating at a CAGR of almost 10% during the forecast period.
  • MMO Games Market: The Global MMO games market is expected to grow by $ 18.76 billion, accelerating at a CAGR of 9.24% till 2025.
  • Gaming Chair Market: Accelerating at a CAGR of over 5.49%, the Global Gaming chair market is expected to grow by $ 130.77 million during the forecast period.

 

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 7%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 3.36 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    rising popularity of e-sports will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, APAC, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    36% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Corsair Components Inc., GN Store Nord AS, Kingston Technology Co. Inc., Logitech International SA, Microsoft Corp., Razer Inc., Sennheiser electronic GmbH and Co. KG, Sony Corp., SteelSeries ApS, and Turtle Beach Corp.

     
  7. What are the market segments covered in this report?
    The market is segmented by Technology (Wired and Wireless), Type (Controllers, Headsets, Keyboards, Gaming mice, and Mouse pads), and Geography (North America, APAC, Europe, South America, and MEA)

Gaming Peripheral Market Size to Grow by $ 3.36 Billion through 2021-2025  

Technavio research projects the gaming peripheral market to grow by $ 3.36 bn, accelerating at a CAGR of almost 7% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Gaming Peripheral Market: Receive FREE Sample Report


Gaming Peripheral Market: Key Market Driver

One of the primary factors that will trigger the growth of the gaming peripheral market size is rising popularity of e-sports. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Gaming Peripheral Market to Grow by $ 3.36 Billion through 2021-2025 | Growth Segments and Market Trends

Gaming Peripheral Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Corsair Components Inc., GN Store Nord AS, Kingston Technology Co. Inc., Logitech International SA, Microsoft Corp., Razer Inc., Sennheiser electronic GmbH and Co. KG, Sony Corp., SteelSeries ApS, and Turtle Beach Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Gaming Peripheral Market to Grow by $ 3.36 Billion through 2021-2025 | Growth Segments and Market Trends

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

Technavio has been monitoring the Global Gaming Peripheral Market and it is expected to grow by $ 3.36 billion, progressing at a CAGR of 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. 

Do you need more details on this market? Click here for our Free Sample Report

Gaming Peripheral Market: APAC to lead growth

36% of the market growth will originate from APAC during the forecast period. China and Japan are the key markets for gaming peripheral in APAC. Market growth in this region will be faster than the growth of the market in other regions. The increasing emergence of haptics gaming peripherals, rising popularity of multiplayer video games, and growing advances in gaming mice  will facilitate the gaming peripheral market growth in APAC over the forecast period. 

Gaming Peripheral Market to Grow by $ 3.36 Billion through 2021-2025 | Growth Segments and Market Trends

To use a computer or PlayStation comfortably and effectively, gaming enthusiasts prefer using the best gaming peripherals and accessories. Wired gaming peripherals are connected to the computer or PlayStation through wires or cables. Gaming with wired peripherals provides quick response time. They provide better latency, which is the time between the simulation and response, while eliminating the time lag. The growth of the market segment is expected to be significant during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 

For more insights on this market: Download a Free Sample Report 

Gaming Peripheral Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive Gaming Peripheral Market growth during the next five years
  • Precise estimation of the Gaming Peripheral Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the gaming peripheral industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Gaming Peripheral Market vendors
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