What Has Been Computer Peripheral Equipment Market in Recent Years?
The computer peripheral equipment market has seen considerable growth due to a variety of factors.
• The market for computer peripheral equipment has been on a consistent growth path over the years. It is projected to expand from a size of $159.73 billion in 2024 to $165.64 billion in 2025, recording a compound annual growth rate (CAGR) of 3.7%.
The rise during the historical phase can be tied back to developments in personal computing, enhancements in input apparatus, innovations in data storage facilities, advancements in networking tools, expansion of gaming controllers, and the escalation of audio devices.
What Are The Estimated Market Size And Expected Annual Growth Rates For Globa Computer Peripheral Equipment Market?
The computer peripheral equipment market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for computer peripheral equipment is predicted to experience a consistent expansion in the forthcoming years, with an expected value of $189.24 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 3.4%.
Factors contributing to this growth, expected in the forecast period, encompass smart home integration, sustainable peripheral patterns, initiatives supporting digital transformation, growth in the gaming peripheral market, and the adoption of USB-c. Current trends that are anticipated to influence this sector throughout the forecast period include wireless connectivity, ergonomically designed peripherals, biometric security measures, smart workplace setups, voice-activated peripheral devices, the incorporation of wearable technology, and solutions related to climate tech.
What Are The Leading Drivers Of Growth In The Computer Peripheral Equipment Market?
The rapid escalation in data volume from personal gadgets and multiple business processes across industries is predicted to boost the requirement for storage devices in the forecasted period. For example, the global data production is anticipated to hit 163 zettabytes (ZB) by 2025. To handle this escalating volume of data, there is a projected growth in demand for storage devices from both company and single user clients, which should propel the computer peripheral equipment market in the predicted period.
What Are The Key Segments Within The Global Computer Peripheral Equipment Market?
The computer peripheral equipment market covered in this report is segmented –
1) By Type: Mouse, Keyboard, Monitor, Printer, Scanner
2) By Connectivity: Wired, Wireless
3) By End-Use: Residential, Commercial
Subsegments:
1) By Mouse: Wired Mouse, Wireless Mouse, Gaming Mouse, Trackball Mouse
2) By Keyboard: Wired Keyboard, Wireless Keyboard, Mechanical Keyboard, Membrane Keyboard
3) By Monitor: LED Monitors, LCD Monitors, Curved Monitors, Gaming Monitors
4) By Printer: Inkjet Printers, Laser Printers, All-In-One Printers, Dot Matrix Printers
5) By Scanner: Flatbed Scanners, Sheetfed Scanners, Portable Scanners, 3D Scanners
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How Are New Trends Impacting The Size Of The Computer Peripheral Equipment
There is a growing demand for portable folding keyboards because of their compact size and ease of use. These keyboards, which are the same size as typical keyboards when unfolded, can be paired with different devices such as phones, computers, and tablets. They're generally compatible with all the major operating systems, namely Windows, Android, and iOS and can be conveniently charged via a USB port. Models such as Microsoft's Universal Foldable Keyboard, the iClever wireless folding keyboard, and the IKOS foldable keyboard are among several portable folding keyboards available.
Who Are the Key Players in the Computer Peripheral Equipment Market?
Major companies operating in the computer peripheral equipment market include:
• Apple Inc.
• Samsung Group
• Microsoft Corporation
• Dell Technologies Inc.
• Intel Corporation
• HP Inc.
• Lenovo Group Limited
• Canon Inc.
• Toshiba Corporation
• Fujifilm Corporation
• Sharp Corporation
• Ricoh Company
• Asustek Computer Inc.
• Seiko Epson Corp.
• Brother Industries Ltd.
• Logitech International S.A.
• Gigabyte Technology Co. Ltd.
• Synaptics Inc.
• Razer Inc.
• Corsair Gaming Inc.
• MathWorks Corporation
• SteelSeries Company
• iKey Ltd.
• XMOS Company
• Team Mobot
• Advanced Micro Peripherals Ltd.
• Mionix AB
What are the Regional Insights into the Computer Peripheral Equipment Market?
North America was the largest region in computer peripheral equipment market in 2024. Asia-Pacific was the second largest region in computer peripheral equipment market. The regions covered in the computer peripheral equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
