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