Impact Of Covid 19 On Gaming Controller Market Challenges, Business Overview and Future Growth Scenario with Top Key Players Logitech, Mad Catz Global Limited, Microsoft, Nintendo and Razer

The global gaming controller market was valued at US$ 1,663.5 million in 2019 and is projected to reach US$ 2,973.5 million by 2027; it is expected to grow at a CAGR of 8.0% from 2020 to 2027. North America dominated the gaming controller market in 2019 with a share of 25.86%. The US, Canada, and Mexico are major economies contributing to the gaming controller market in North America. The video game controllers, such as consoles, are going through a constant transition over the years. From the blocky and basic nature of controllers to the new and futuristic look of PlayStation 5’s upcoming DualSense controller, the gaming controller is experiencing technological changes. With changing era of consoles, the advent of cloud gaming is a sign of evolution in future games. For instance, GameSir X2 supports various popular cloud gaming platforms such as Google's stadia, Microsoft's xCloud, and Vortex. Similarly, Razer, a global lifestyle brand for gamers has stated about the availability of Razer Kishi Universal Gaming Controller for iPhone. The new controller exhibits the feature of clickable analog thumbsticks, an 8-way D-pad, and a range of face & multi-function buttons. Moreover, Nintendo of America is planning to sell single joy-con switch controllers in the region. Therefore, key steps by companies with respect to gaming controllers in projected to fuel the market growth during the forecast period.

Europe stood second in the gaming controller market with a decent market share in 2019, and it is anticipated to register the highest CAGR from 2020 to 2027. Europe comprises developed economies such as Germany, France, the UK, and Italy. Germany, the UK, France, Italy, and Spain are the prominent markets having high gaming revenues. Germany is a highly valuable video game market of Western Europe, followed by the UK and France. With over 90% adoption of smartphones in the European region, more than 30% of the European population plays online games on their smartphones. In addition, there are around 2,000 gaming firms in the UK engaged in the business of developing games for the escalating gaming market. The high penetration of smartphones in the region is projected to fuel the significance of controllers, such as gamepads, compatible with smartphones.

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The proposed Gaming Controller Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes a detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.

The Gaming Controller Market sample report includes an exclusive analysis of the COVID-19 pandemic on the market space under scrutiny. The sample represents the format of the overall study which is designed to provide clarity on the structure of the report and some data points demonstrated in an attempt to provide insights into the study quality.

Furthermore, the Gaming Controller Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.

The Structure of The Gaming Controller Market Report Can Be Categorized into the Following Sections:

Section 1: Scope of the Report & Research Methodology

Section 2: Key Takeaways

Section 3: Market variables & their impact on growth and analytical tools providing High-Level Insights into the Market Dynamics and Growth Pattern

Section 4: Market Estimates and Forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2020 to 2027). Regional and Country Level Estimates and Forecasts for each category are summed up to form the Global Market.

Section 5: Competitive Landscape. Attributes such as Strategy Framework, Competitor Categorization are included to provide elaborate details on the Market Structure & Strategic Undertakings as well as their impact.

The Prominent/Emerging Players In The Gaming Controller Market Research Include:

Bensussen Deutsch and Associates, LLC
Guillemot Corporation S.A.
HORI USA
Logitech
Mad Catz Global Limited
Microsoft Corporation
Nintendo
Razer Inc.
Sony Corporation
Scuf Gaming International LLC

The Gaming Controller Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.

Technological Advancements in Gaming Accessories

The gaming industry is one of the biggest industries and is valued at ~US$140 billion. With the growing gaming industry, the gaming accessories such as wearable interface controllers, custom-made balance boards, game streaming, and pro controllers are getting advanced. For instance, wearable interface controllers are developed to transmute gamer’s body movements into action on the TV screen. Controller grip is a concave or convex add-on in the gaming controller’s button, which improves dexterity, accuracy, and comfort during long hours of play. Increasing demand for these gaming accessories is encouraging manufacturers to develop accessories with glow-in-the-dark features to attract customers by providing aesthetic looks. Thus, evolvement in gaming accessories is fueling the scope of the gaming industry, thereby driving market growth.

Company Overview:

Company overview provides information about the location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial Performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the subtitle “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.

Product Benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic Initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in the market are covered under the strategic initiatives section.

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The Gaming Controller Market research study is designed to keep in focus all the major countries. Although all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries that are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.

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