The computer peripheral equipment market has seen steady growth, increasing from $145.97 billion in 2023 to $151.02 billion in 2024, reflecting a compound annual growth rate (CAGR) of 3.5%. This historical growth is driven by the expansion of personal computing, advancements in input devices, data storage solutions, networking devices, and game controllers. The market is expected to maintain its upward trajectory, reaching $172.55 billion by 2028 with a CAGR of 3.4%. Growth factors include smart home connectivity, sustainable peripheral design, digital transformation initiatives, and expansion in the gaming peripheral market. Notable trends for the forecast period include the adoption of wireless connectivity, ergonomic designs, biometric authentication, smart office solutions, voice-controlled peripherals, wearable technology integration, and the emergence of climate tech solutions.
Major Driver In The Computer Peripheral Equipment Market
The surge in data volume generated from personal devices and diverse business operations across various industries is expected to drive the demand for storage devices in the forecast period. By 2025, the total data generated globally is projected to reach 163 zettabytes (ZB). To effectively manage this escalating data volume, the computer peripheral equipment market is anticipated to witness increased demand for storage devices from both corporate and individual customers. This surge in demand is a direct consequence of the exponential growth in data generation, signifying a robust market for computer peripherals. As we look into the market sizes, the projected data volume stands at 163 ZB in 2025, setting the stage for significant growth in the computer peripheral equipment market in 2023, 2024, and beyond.
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Computer Peripheral Equipment Market Competitive Landscape
Apple Inc., Samsung Group, Microsoft Corporation, Dell Technologies Inc., Intel Corporation, HP Inc., Lenovo Group Limited, International Business Machines Corporation, Movil corporation, 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., Integra Sources, Mionix AB
Computer Peripheral Equipment Market Segmentation
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
By Geography:The regions covered in the computer peripheral equipment market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
North America was the largest region in computer peripheral equipment market in 2023.
The Computer Peripheral Equipment Global Market Report 2024 furnishes information about the global computer peripheral equipment market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
