Press release
Global Computer Peripheral Equipment Market: Growth Drivers, Key Trends, and Forecasts from 2024-2029
Computer Peripheral Equipment Market Industry
The global computer peripheral equipment market is experiencing a steady rise due to advancements in technology and changing consumer preferences.
What Is The Projected Market Size Of The Global Computer Peripheral Equipment Market And Its Growth Rate?
The global computer peripheral equipment market is set for promising growth with the following key statistics:
• Market size in 2024: $159.73 billion
• 2025 Market Size: $165.64 billion (3.7% CAGR)
• Expected Market Size in 2029: $189.24 billion (3.4% CAGR)
The increasing demand for personal computing, growth in input devices and data storage solutions, and advancements in networking devices contribute to this growth.
What Is Driving The Growth In The Computer Peripheral Equipment Market?
The escalating volume of data generated from personal devices, business operations across diverse industries is triggering the demand for storage devices, stimulating growth in the computer peripheral equipment market. Projections reveal that the total data generated worldwide will reach a staggering 163 zettabytes (ZB) by 2025. To manage this enormous volume of data, corporate and individual customers are inclining towards high-capacity storage solutions, propelling the computer peripheral equipment market's growth.
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Who Are The Key Players Driving Computer Peripheral Equipment Market Growth?
Major companies contributing to the computer peripheral equipment market include:
• Apple Inc.
• Samsung Group
• Microsoft Corporation
• Dell Technologies Inc.
• Intel Corporation
• HP Inc.
• Lenovo Group Limited
• Canon Inc.
• Toshiba Corporation
• Fujifilm Corporation
• Sharp Corporation
• Ricoh Company
What Are The Key Trends In The Computer Peripheral Equipment Market?
Key trends in the forecast period include:
• Wireless connectivity
• Ergonomic designs
• Biometric authentication
• Smart office solutions
• Voice-controlled peripherals
• Wearable technology integration
• Climate tech solutions
What Are The Segments Of The Global Computer Peripheral Equipment Market?
The computer peripheral equipment market is segmented -
• By Type: Mouse, Keyboard, Monitor, Printer, Scanner
• By Connectivity: Wired, Wireless
• By End-Use: Residential, Commercial
Which Region Leads The Computer Peripheral Equipment Market?
North America held the largest market share in the computer peripheral equipment market in 2024, closely followed by Asia-Pacific. Both regions have shown significant growth potential, and they are expected to continue this trend in the foreseeable future.
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What Is Covered In The Computer Peripheral Equipment Market Global Market Report?
- Market Size Analysis: Analyze the Computer Peripheral Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Computer Peripheral Equipment 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 Computer Peripheral Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Computer Peripheral Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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