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Laptop Accessories Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
How Big Is the Laptop Accessories Market Expected to Be, and What Will Its Growth Rate Be?The market for laptop accessories has seen a significant surge in recent years. It is projected to elevate from $41.57 billion in 2024 to $44.3 billion in 2025, marking a compound annual growth rate (CAGR) of 6.6%. The remarkable growth during the historic period could be linked to the uptick in remote employment, elevated demand for electronic add-ons, inclining preference for lightweight and easily portable laptop accessories, and the rising patronage of e-commerce platforms.
The market size for laptop accessories is anticipated to experience robust growth in the upcoming years. The market is set to expand to $56.32 billion by 2029, with a compound annual growth rate (CAGR) of 6.2%. The surge in growth during the forecast period is likely due to factors such as heightened laptop demand, an increase in corporate offices, burgeoning laptop shipments, escalating urbanization rates, a greater need for productivity-enhancing accessories, and the surging popularity of e-sports. Expected trends for the forecast period comprise advancements in wireless technologies, laptop-specific integration, innovative technological developments, strides in laptop technologies, and incorporation of cutting-edge connectivity features.
What Are the Primary Growth Drivers for the Laptop Accessories Market?
The surge in remote working practices is anticipated to boost the laptop accessory market's expansion. This practice of working remotely allows employees the flexibility to conduct their tasks from non-traditional office locations, leveraging digital resources for communication and collaboration. The rising popularity of remote work is fueled by progressions in digital communication technology and an inclination towards a healthier work-life balance among workers. Laptop accessories offer enhancements for remote work such as better ergonomics, improved connectivity, and communication, leading to heightened productivity and comfort. To exemplify, data from the Office for National Statistics, a UK government department, reported that approximately 38% of working adults in Great Britain were working remotely in 2022, a figure that climbed to roughly 40% from 2023 onwards. Hence, this increasing trend of remote work is a significant propellant for the laptop accessories market's growth.
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Who Are the Dominant Companies Influencing Laptop Accessories Market Trends?
Major companies operating in the laptop accessories market are 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
How Is the Laptop Accessories Market Evolving?
Prominent businesses in the laptop accessories market are prioritizing the development of technologically advanced items such as gaming laptop accessories, to meet the rising demand for superior gaming experiences. These special gaming laptop accessories are devised to boost the gaming experience by enhancing laptop efficiency, comfort, and immersion. For example, in April 2024, the U.S.-based tech company, Hewlett Packard Inc., introduced its latest Omen 17 gaming laptop and a variety of HyperX accessories, thereby broadening its gaming selection. The new HyperX accessory range features products such as the Pulsefire Haste 2 Core Wireless Gaming Mouse, that only weighs 70 grams, powered by a single AAA battery, it delivers up to 100 hours of battery life in 2.4GHz setting or lasts longer in Bluetooth mode. It also includes a 12,000 DPI HyperX Custom Core Sensor and durable TTC Gold Switches with a lifespan of up to 20 million clicks, and the Cloud Mix Buds 2 Wireless Earbuds, specifically created for gaming with ultra-low latency via dongle or Bluetooth 5.3 with LE Audio. These offer hybrid Active Noise Cancellation (ANC) to eliminate disruptions during gaming activities.
What Are the Different Segmentations in the Laptop Accessories Market?
The laptop accessoriesmarket covered in this report is segmented -
1) By Type: Electronic, Non-Electronic
2) By Price: Low, Medium, High
3) By Distribution Channel: Online, Offline
4) By End Use: Commercial, Personal
Subsegment:
1) By Electronic: Laptop Chargers and Adapters, External Hard Drives and SSDs, Laptop Cooling Pads, USB Hubs and Docking Stations, External Keyboards and Mice
2) By Non-Electronic: Laptop Bags and Cases, Screen Protectors, Laptop Stands, Cleaning Kits, Cable Organizers
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Which Region Is at the Forefront of the Laptop Accessories Market?
Asia-Pacific was the largest region in the laptop accessories market in 2024. The regions covered in the laptop accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Laptop Accessories Global Market Report?
- Market Size Analysis: Analyze the Laptop Accessories Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Laptop Accessories 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 Laptop Accessories Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Laptop Accessories Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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