Press release
Gaming Keyboard Market Set to Reach $4.47 Billion by 2029 with 12.3% Yearly Growth
Gaming Keyboard Market
The rise of esports events is anticipated to boost the growth of the gaming keyboard market. Esports competitions have gained global popularity, and the demand for specialized equipment like gaming keyboards is growing as a result. Gaming keyboards, with mechanical switches, offer the performance, customization, and durability necessary for competitive gaming. According to Invest India, esports game revenues grew by 39% in 2022, exceeding $1.2 billion. This rise in esports events is fueling the growth of the gaming keyboard market.
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What is the future CAGR of the gaming keyboard market, and how will it impact industry expansion?
The gaming keyboard market has experienced rapid growth. It will rise from $2.5 billion in 2024 to $2.81 billion in 2025, at a CAGR of 12.7%. This growth is attributed to the increasing popularity of PC gaming, the demand for better performance and responsiveness, the rise of esports and competitive gaming, consumer preference for customizable RGB lighting, and the expansion of gaming communities and streaming platforms.
The gaming keyboard market is expected to grow to $4.47 billion by 2029 at a CAGR of 12.3%. The growth is driven by esports' popularity, demand for RGB customization, wireless gaming peripherals, ergonomic designs, and an expanding gamer demographic. Key trends include advancements in mechanical switches, haptic feedback, RGB lighting, AI integration, and ecosystem integration.
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What are the most significant trends transforming the gaming keyboard market today?
Companies in the gaming keyboard market are focused on innovation, such as developing mechanical keyboards to enhance gaming performance. Mechanical keyboards use individual switches for each key, providing a more responsive and durable typing experience. For example, in June 2022, Logitech launched the G413 SE mechanical keyboard in India. This compact, affordable keyboard is designed for gaming and typing tasks, offering a responsive, durable performance for users.
Which key market segments comprise the gaming keyboard market and drive its revenue growth?
The gaming keyboard market covered in this report is segmented -
1) By Product Type: Mechanical, Membrane
2) By Price: Low Priced, Medium-Priced, High-Price
3) By Distribution Channel: Supermarket Or Hypermarket, Specialty Stores, E-Commerce, Independent Retail Store
Subsegments:
1) By Mechanical: Linear Switch Keyboards, Tactile Switch Keyboards, Clicky Switch Keyboards, Opto-Mechanical Keyboards, Hot-Swappable Mechanical Keyboards
2) By Membrane: Standard Membrane Keyboards, Hybrid Membrane-Mechanical Keyboards, Spill-Resistant Membrane Keyboards, RGB Backlit Membrane Keyboards, Wireless Membrane Keyboards
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Which region dominates the gaming keyboard market?
Asia-Pacific was the largest region in the gaming keyboard market in 2024. The regions covered in the gaming keyboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the gaming keyboard market?
Major companies operating in the gaming keyboard market are Microsoft Corporation, Dell Technologies Inc., Lenovo Group Limited, HP Development Company L.P., ASUSTeK Computer Inc., Acer Inc., Logitech International S.A., Micro-Star International Co. Ltd., Razer Inc., Corsair Gaming Inc., GIGA-BYTE Technology Co. Ltd., Kensington, Turtle Beach Corporation, Aukey Technology Co. Ltd., Shenzhen Rapoo Technology Co. LTD., EVGA Corporation, SteelSeries A/S, IOGear Inc., Patriot Memory Inc., Genius Computer Technology Ltd., Thermaltake Technology Co. Ltd., Kinesis Corporation, Redragon, DuckyChannel International Co. Ltd., COUGAR. Coumpucase Enterprise Co. Ltd.
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What Is Covered In The Gaming Keyboard Global Market Report?
•Market Size Forecast: Examine the gaming keyboard market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the gaming keyboard market for a structured understanding.
•Key Players Overview: Analyze major players in the gaming keyboard market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the gaming keyboard market.
•Segment Contributions: Evaluate how different segments drive overall growth in the gaming keyboard market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the gaming keyboard market.
•Industry Challenges: Identify potential risks and obstacles affecting the gaming keyboard market.
•Competitive Landscape: Review strategic developments in the gaming keyboard market, including expansions, agreements, and new product launches.
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