What Has Been the Progress and Growth of the Gaming Keyboard Market in Recent Years?
The gaming keyboard market has seen considerable growth due to a variety of factors.
• The gaming keyboard market has expanded rapidly in recent years. It will grow from $2.5 billion in 2024 to $2.81 billion in 2025 at a compound annual growth rate (CAGR) of 12.7%.
The historical growth can be attributed to the rise in PC gaming popularity, higher demand for enhanced performance, esports' growth, increased consumer interest in customizable RGB lighting, and the expansion of gaming communities and streaming platforms.
What Is The Expected Growth In The Gaming Keyboard Market Size Evolve over the Forecast Period?
The gaming keyboard market is expected to maintain its strong growth trajectory in upcoming years.
• The gaming keyboard market is projected to grow to $4.47 billion by 2029 at a CAGR of 12.3%.
Growth will be driven by the increasing popularity of esports, rising demand for RGB customization, the growing demand for wireless gaming peripherals, the focus on ergonomic designs, and the expanding demographic of gamers across age groups. Key trends will include customizable RGB lighting, advancements in mechanical and hybrid switch keyboards, the rise of haptic feedback technology, integration with gaming ecosystems, and AI-powered software customization.
What Main Forces Are Fueling Expansion In The Gaming Keyboard Market?
The rise of esports events is expected to drive the growth of the gaming keyboard market. Esports events, which include competitive gaming tournaments, have gained popularity as gaming becomes more mainstream. Gaming keyboards provide professional gamers with the customization and performance needed for competitive play. According to Invest India in December 2023, esports revenues grew by 39% in 2022, surpassing $1.2 billion, driving the demand for gaming peripherals like keyboards.
What Are The Primary Segments In The Global Gaming Keyboard Market?
The gaming keyboard market covered in this report is segmented –
1) By Product Type: Mechanical, Membrane
2) By Price: Low Priced, Medium-Priced, High-Price
3) By Distribution Channel: Supermarket Or Hypermarket, Specialty Stores, E-Commerce, Independent Retail Store
Subsegments:
1) By Mechanical: Linear Switch Keyboards, Tactile Switch Keyboards, Clicky Switch Keyboards, Opto-Mechanical Keyboards, Hot-Swappable Mechanical Keyboards
2) By Membrane: Standard Membrane Keyboards, Hybrid Membrane-Mechanical Keyboards, Spill-Resistant Membrane Keyboards, RGB Backlit Membrane Keyboards, Wireless Membrane Keyboards
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How Are Emerging Trends Reshaping The Dynamics Of The Gaming Keyboard Market?
Companies in the gaming keyboard market are developing mechanical keyboards to enhance gaming performance. Mechanical keyboards use individual switches for each key, offering more responsive feedback. For instance, in June 2022, Logitech, an India-based company, launched the G413 SE mechanical keyboard in India. This affordable keyboard provides a durable and responsive option for gamers and heavy typists.
Who Are the Key Players In The Gaming Keyboard Market?
Major companies operating in the gaming keyboard market are:
• Microsoft Corporation
• Dell Technologies Inc.
• Lenovo Group Limited
• HP Development Company L.P.
• ASUSTeK Computer Inc.
• Acer Inc.
• Logitech International S.A.
• Micro-Star International Co. Ltd.
• Razer Inc.
• Corsair Gaming Inc.
• GIGA-BYTE Technology Co. Ltd.
• Kensington
• Turtle Beach Corporation
• Aukey Technology Co. Ltd.
• Shenzhen Rapoo Technology Co. LTD.
• EVGA Corporation
• SteelSeries A/S
• IOGear Inc.
• Patriot Memory Inc.
• Genius Computer Technology Ltd.
• Thermaltake Technology Co. Ltd.
• Kinesis Corporation
• Redragon
• DuckyChannel International Co. Ltd.
• COUGAR. Coumpucase Enterprise Co. Ltd.
What Is The Most Dominant Region In The Gaming Keyboard Market?
Asia-Pacific was the largest region in the gaming keyboard market in 2024. The regions covered in the gaming keyboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
