What Has Been the Growth of the Mouse Market So Far?
The mouse market has seen considerable growth due to a variety of factors.
• Rapid expansion has been observed in the mouse market size over the recent years. It is projected to escalate from $3.56 billion in 2024 to $3.77 billion in 2025, marking a compound annual growth rate (CAGR) of 5.7%.
The surge during the historic period can be credited to an increase in video gaming enthusiasts, escalating demand for advanced computing devices like PCs and laptops, an expanding millennial population, and an elevation in disposable income.
What Is The Projected Growth And Market Size For The Mouse
The mouse market is expected to maintain its strong growth trajectory in upcoming years.
• The market for mice is predicted to experience substantial expansion in the forthcoming years, reaching $4.62 billion in 2029 with a compound annual growth rate (CAGR) of 5.3%.
This growth within the projected period can be linked to the surge in remote work practices, expansion of the IT sector, increased need for ergonomic mice, rising investments, urbanization, and an uptick in internet penetration. Key trends forecasted for this period include the emphasis on eco-friendly mice, voice-enabled mice, ergonomic mice, product innovations, advanced gaming mice and the introduction of biometric mice.
What Are The Leading Drivers Of Growth In The Mouse Market?
The increasing trend of gamers relying on the mouse for their gaming pursuits is a critical aspect contributing to the expansion of the mouse market. A study by EEDAR, an entity of the NPD Group Company located in the US, revealed that 67% of the entire population is involved in gaming, indicating a total of 211.2 million gamers in the nation. The number of gamers is witnessing an annual growth, and with the launch of novel games, the demand is set to increase, indirectly facilitating the growth of the mouse industry. Key gaming functions such as slashing, attacking, hacking, and targeting necessitate the use of mouse movements in each PC game. For example, mouse movements control the characters in games like Street Fighter. Additionally, in games like Mortal Kombat, the default controls involve using a mouse and keyboard. Hence, the escalating gamer population is anticipated to stimulate the expansion of the mouse market.
What Are The Main Segments Of The Global Mouse Market?
The mouse market covered in this report is segmented –
1) By Product Type: Wired, Wireless
2) By Distribution Channel: Specialty Stores, Online Stores, Other Channels
3) By End-Use: Residential, Commercial
Subsegments:
1) By Wired: Optical Wired Mouse, Laser Wired Mouse, Gaming Wired Mouse
2) By Wireless: Optical Wireless Mouse, Laser Wireless Mouse, Bluetooth Wireless Mouse, Gaming Wireless Mouse
Pre-Book The Mouse Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Influencing The Growth Of The Mouse Market?
Technological development on the rise is a prominent trend gathering momentum in the mouse market. The incorporation of innovative technology like the radio frequency mouse is driving the increased usage of these devices in various sectors. For example, in August 2022, Basilisk V3 Pro, a high-end wireless gaming mouse featuring full flexibility and functionality, was unveiled by US-based Razer Inc., a maker and provider of gaming equipment and software peripherals. This mouse takes enthusiast gaming to new heights with design elements such as the Razer HyperScroll Tilt Wheel, Razer Optical Mouse Switches Gen-3, a total of 11 programmable buttons, the Razer Focus Pro 30K Optical Sensor, and wireless charging capabilities with the Razer Mouse Dock Pro and Wireless Charging Puck (sold separately), among others.
Who Are the Key Players in the Mouse Market?
Major companies operating in the mouse market include:
• Logitech International SA
• Microsoft Corp
• HP Inc.
• Apple Inc.
• Dell Technologies Inc.
• Razer Inc
• ASUS
• Samsung Group
• Lenovo Group Ltd
• Corsair
• Nuevotech Industries Pvt Ltd
• Shenzhen AMD Technology Co. Ltd
• iBall
• Intex Technologies
• Zebronics
• Roccat GmbH
• SteelSeries
• A4TECH
• AZIO Corp
• Vaxee
• Mouse Informatica Ltda
• Microdigital Eletronica Ltda
• Atlas 3D Mouse
• Redragon South Africa
• TDK Solutions Ltd
What Is The Most Dominant Region In The Mouse Market?
Asia-Pacific was the largest region in the mouse market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global mouse market share during the forecast period. The regions covered in the mouse market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
