Mouse Market 2024 - Share, Top Companies, Revenue Outlook, and Growth Forecast by 2033

The mouse market size has grown strongly in recent years. It will grow from $2.61 billion in 2023 to $2.8 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to growth in number of video gamers, rising demand for smart computing devices such as pcs and laptops, growth in the millennial population and a rise in disposable income.

The mouse market size is expected to see strong growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growth in remote working, an increase in employment in the information technology sector, growing demand for ergonomic mouse, increasing investments, urbanization and an increase in internet penetration. Major trends in the forecast period include focus eco-friendly mouse, focus on voice-enabled mouse, focus on ergonomic mouse, focus on product innovations, focus on advanced gaming mouse and focus on introducing biometric mouse.

Market Overview -
A mouse is a handheld hardware input device that controls a cursor in a graphical user interface (GUI) and can move and select text, icons, files, and folders.

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Gaming Surge Fuels Growth In The Mouse Market
The rising prevalence of gamers using the mouse for gaming is a key factor driving the growth of the mouse market. According to a survey conducted by EEDAR, an NPD Group Company in the US, 67% of the total population plays games, making for 211.2 million total gamers in the country. There is a growth in the number of gamers each year and with the introduction of new games, the requirement is likely to rise which in turn is expected to drive the growth of the mouse sector. The key actions such as slashing, attacking, hacking, and targeting that users perform in every PC game require mouse movements. For instance, in Street Fighter, fighters are controlled by mouse movements. Also, in the Mortal Kombat game, a mouse and keyboard are used by default to control the game. Therefore, the rising prevalence of gamers is expected to propel the growth of the mouse market.

Competitive Landscape -
Major companies operating in the mouse market report are 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, Uzman Engineering, Fonoon information Systems, Dar-us-salam Trading Company, Compu-tech Trading,, SC Department Electronics, Nest Computer System, Redragon South Africa, TDK Solutions Ltd, Jumia

Technological Innovations Propel Evolution In The Mouse Market
The growing technological advances are a major trend gaining popularity in the mouse market. The implementation of new technology such as the radio frequency mouse has led to an increase in the use of these devices across different industries. For instance, in August 2022, Razer Inc., a US-based creator and producer of gaming gear and software accessories, released Basilisk V3 Pro, a cutting-edge wireless gaming mouse with full customizability and performance. With features like the Razer HyperScroll Tilt Wheel, Razer Optical Mouse Switches Gen-3, 10+1 programmable buttons, Razer Focus Pro 30K Optical Sensor, wireless charging with the Razer Mouse Dock Pro and Wireless Charging Puck (both sold separately), and more, the Razer Basilisk V3 Pro raises the bar for the enthusiast gaming community.

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Key Segments -
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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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