Press release
Mouse Global Market Report 2024 To 2033 | Logitech International SA, Microsoft Corp, HP Inc., Apple Inc., Dell Technologies Inc
Mouse Market Share
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According to The Business Research Company's, 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.
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Market Drivers and Trends:
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.
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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Major Key Players of the Market:
WillScot Mobile Mini Holdings Corp, ATCO Ltd, Algeco, Fleetwood Limited, Red Sea International Company, KLEUSBERG GmbH & Co. KG, Kirby Building Systems, Champion Home Builders, Inc, Guerdon, LLC, ALHO Systembau GmbH, Jeshy Building Concepts Pty Ltd, F J Ventures Limited, R.R.Enterprises, Ramky Infrastructure Limited, Katerra India Private Limited, Rain City Industries Pty Ltd, JM Industries Pty Ltd, Buildcep Construction Pty Ltd, Az Building For Future Pty Ltd, Fitzgerald Building Services Pty Ltd, Gjl Building Limited, Goodwill Construction Limited, CIMC Modular Building Systems, Hangxiao Steel Structure , Jac Built Construction Limited, Jinchen Group Co., Ltd, China Jingye Engineering Co., Ltd, Sichuan Sanhe Hengsheng Construction Engineering Co., Ltd, Beijing Zhuzong No.6 Development Construction Co., Ltd, Jiangsu Jinfanshui Construction Co., Ltd, Jiangsu Yangjian Group Co., Ltd, Guangdong Coal Base Construction Company, Wuhan Municipal Engineering General Company, Rollalong Ltd, BuildUp, Cadolto Fertiggebaude GmbH & Co. KG, Peab, Dana Holdings, Swietelsky, Habau, Castagner Immobiliare SRL, V & R Edilcons Srl, Blueair Instal Srl, Dalmata Business Srl, Quanta Ten Estate Developments Srl, Zentec Construct Srl, Skanska, Turner Corp, Aecom, Clark Group, Swinerton, Hensel Phelps, Lendlease, Gilbane Building Co, Battle Lake Design Group, Eco Caminhos, Construcciones Planificadas, WTorre Empreendimentos, Grandio, AF construction, La' Ala Al-Kuwait Real Estate Co, Gav Yam Land Corporation Ltd, Nakheel, Line Investments & Property LLC (LIP), Emaar, Al Sraiya Holding Group, Al Futtaim Colas, Kharafi National, Baran Group, Redcon Construction Company, Estim Construction Co. Ltd, Eco-Beam, Ecomo, TSAI
Mouse Market 2024 Key Insights:
• 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%.
• Gaming Surge Fuels Growth In The Mouse Market
• Technological Innovations Propel Evolution In The Mouse Market
• The Asia-Pacific was the largest region in the mouse market in 2023
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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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