Press release
Global Mouse Market Growth Forecast: Emerging Trends, Key Players, and Market Size Insights for 2024-2029
Global Mouse Market Growth Forecast
What Is The Projected Market Size Of The Global Mouse Market And Its Growth Rate?
The global mouse market has showcased significant growth and is projected to continue its upward trajectory in the coming years:
•The market size is predicted to expand from $3.56 billion in 2024 to $3.77 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.7%.
•Key factors contributing to this growth include an increase in video gamers, rising demand for smart computing devices, a surge in the millennial population, and higher disposable income.
•By 2029, the mouse market size is expected to reach $4.62 billion with a CAGR of 5.3%. This anticipated growth is attributed to an increase in remote working, employment within the IT sector, popularity of ergonomic mouse design, investment growth, urbanization, and greater internet penetration.
What Is Driving The Growth In The Mouse Market?
The soaring popularity of gaming is a significant driving force behind the notable expansion of the mouse market. According to an EEDAR survey in the US, 67% of the total population engage in gaming. This represents over 211.2 million gamers in the country. With an increase in gamers each year and the launch of new games, the need for mouse devices is projected to rise, promoting growth of the market. Activities in various PC games, such as slashing, attacking, hacking, and targeting, all require mouse movements. Thus, the increasing prevalence of gaming is anticipated to fortify the growth of the mouse market.
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Who Are the Key Players Driving Mouse Market Growth?
Several notable companies are driving growth within the mouse market, including:
•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 Are The Key Trends In The Mouse Market?
Key trends in the mouse market include:
•Focus on eco-friendly mouse devices.
•Rising demand for voice-enabled mouse devices.
•Growth in the use of ergonomic mouse devices.
•Persistence towards product innovations.
•Higher demand for advanced gaming mice.
•Introducing biometric mouse device options.
What Are The Segments Of The Global Mouse Market?
The global mouse market comprises of several segments:
1)By Product Type: Wired, Wireless
2)By Distribution Channel: Specialty Stores, Online Stores, Other Channels
3)By End-Use: Residential, Commercial
Which Region Leads The Mouse Market?
Asia-Pacific holds the largest share of the mouse market as of 2024. Furthermore, Asia-Pacific is projected to be the fastest-growing region in the global mouse market during the forecast period. Regions covered include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Mouse Market Global Market Report?
•Market Size Analysis: Analyze the Mouse Market size by key regions, countries, product types, and applications.
•Market Segmentation Analysis: Identify various subsegments within the Mouse Market for effective categorization.
•Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
•Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
•Market Contribution: Evaluate contributions of different segments to the overall Mouse Market growth.
•Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
•Industry Challenges: Analyze challenges and risks affecting the Mouse Market.
•Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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