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Laptop Accessories Market Outlook Report 2024-2033 | Size, Trends, Analysis, Insights, Overview
Laptop Accessories Market Outlook
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According to The Business Research Company's, The laptop accessories market size has grown strongly in recent years. It will grow from $39.22 billion in 2023 to $41.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to the rise of remote work, an increase in demand for electronic accessories, an increase in demand for lightweight and portable laptop accessories, and the increasing usage of e-commerce platforms.
The laptop accessories market size is expected to see strong growth in the next few years. It will grow to $53.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to an increase in demand for laptops, a growing number of corporate offices, a growing number of shipments of laptops, a rising rate of urbanization, increased demand for productivity-focused accessories, and the growing popularity of e-sports. Major trends in the forecast period include innovation in wireless technologies, integration with specific laptop models, technological advancements, advancements in laptop technologies, and integration of advanced connectivity features.
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Market Drivers and Trends:
The increasing remote work trend is expected to propel the growth of the laptop accessories market going forward. Remote work is a flexible working arrangement where employees perform their job duties from locations outside of a traditional office, using digital tools to stay connected and collaborate. The increasing remote work trend can be attributed to advancements in digital communication technologies and the desire for greater work-life balance among employees. Laptop accessories enhance remote work by improving ergonomics, connectivity, and communication, boosting productivity and comfort. For instance, in February 2023, according to the Office for National Statistics, a UK-based government department, in 2022, approximately 38% of working adults in Great Britain worked from home, rising to about 40% starting in 2023. Therefore, the increasing remote work trend is driving the growth of the laptop accessories market.
Major companies operating in the laptop accessories market are focusing on expanding their offerings by developing technologically innovative accessories, such as gaming laptop accessories, to cater to the growing demand for enhanced gaming experiences. Gaming laptop accessories are specialized products designed to enhance the gaming experience by improving a laptop's performance, comfort, and immersion. For instance, in April 2024, Hewlett Packard Inc., a US-based information technology company, launched its new Omen 17 gaming laptop and a range of HyperX accessories, enhancing its gaming portfolio. This new HyperX accessory includes the Pulsefire Haste 2 Core Wireless Gaming Mouse, which weighs only 70 grams and is powered by a single AAA battery, providing up to 100 hours of battery life in 2.4GHz mode or longer in Bluetooth mode, featuring a 12,000 DPI HyperX Custom Core Sensor and durable TTC Gold Switches rated for up to 20 million clicks, as well as the Cloud Mix Buds 2 Wireless Earbuds, designed for gaming with ultra-low latency via dongle or Bluetooth 5.3 with LE Audio, offering hybrid Active Noise Cancellation (ANC) to block out distractions during gaming sessions.
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• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Apple Inc., Samsung Electronics Co Ltd., Microsoft Corporation, Dell Technologies Inc., Sony Group Corporation, Lenovo Group Limited, Intel Corporation, HP Inc., Toshiba Corporation, Eaton Corporation plc, Western Digital Corporation, ASUSTeK Computer Inc., Acer Inc., Logitech International S.A., SanDisk Corporation, Corsair Gaming Inc., Hama GmbH And Co KG, Razer Inc., Cooler Master Co Ltd., Belkin International Inc., Kensington Computer Products Group, Targus Group International Inc., Kingston Technology Company Inc., Zebronics, SteelSeries ApS
Laptop Accessories Market 2024 Key Insights:
• The laptop accessories market size is expected to see strong growth in the next few years. It will grow to $53.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%.
• The Influence Of Remote Work On Accessory Usage
• Advancements In Gaming Solutions And AI-Enhanced Features In Recent Laptop Innovations
• Asia-Pacific was the largest region in the laptop accessories market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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