Press release
Strong Growth Ahead: Mouse Market Size To Grow At Arecord 5.3% Cagr By 2029
Mouse Market
How Big Is the Mouse Market Size Expected to Be by 2034?
The growth of the mouse market has been remarkable in the past years, with the market size projected to increase from $3.56 billion in 2024 to $3.77 billion in 2025, showing a compound annual growth rate (CAGR) of 5.7%. Factors which have contributed to this historical growth include an upsurge in the numbers of active video gamers, a growing demand for next-generation computing gadgets like PCs and laptops, an increase in the millennial demographic, and a rise in disposable income.
It is projected that the mouse market size will experience a robust expansion in the upcoming years. This market is predicted to ascend to a value of $4.62 billion in 2029 with a compound annual growth rate (CAGR) of 5.3%. Factors contributing to this positive trajectory in the forecasted period include an escalation in remote working arrangements, a surge in employment within the IT sector, a rising demand for ergonomic mice, increased investment, rapid urbanization, and heightened internet penetration. Key trends for this period consist of a shift towards eco-friendly mice, voice-enabled mice, ergonomic mice, a focus on product innovation, an emphasis on advanced gaming mice, and the introduction of biometric mice.
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What Are the Emerging Segments Within the Mouse Market?
The mouse market covered in this report is segmented -
1) By Product Type: Wired, Wireless
2) By Distribution Channel: Specialty Stores, Online Stores, Other Channels
3) By End-Use: Residential, Commercial
Subsegments:
1) By Wired: Optical Wired Mouse, Laser Wired Mouse, Gaming Wired Mouse
2) By Wireless: Optical Wireless Mouse, Laser Wireless Mouse, Bluetooth Wireless Mouse, Gaming Wireless Mouse
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What Long-Term Drivers Are Shaping Mouse Market Trends?
The increasing number of gamers who prefer using a mouse for their gaming experiences is a significant factor contributing to the expansion of the mouse market. A study carried out by EEDAR, a part of NPD Group in the US, establishes that 67% of the overall population are gamers, equating to a whopping 211.2 million total gamers in the nation. The constant introduction of new games and the increasing gamer population each year indicates a likely surge in demand, which in turn is anticipated to further stimulate the mouse industry's growth. Key in-game actions such as slashing, attacking, hacking, and targeting performed by users in all PC games necessitate the use of the mouse. For instance, characters in Street Fighter are controlled through mouse movements. Similarly, the Mortal Kombat game uses a mouse and keyboard as default controllers. Thus, the consistent growth in the number of gamers is likely to further fuel the expansion of the mouse market.
Who Are the Top Competitors in Key Mouse Market Segments?
Major companies operating in the mouse market include 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 Major Trends Shaping the Mouse Market?
Rapid advancements in technology are emerging as a significant trend in the mouse market. The adoption of novel technologies such as radio-frequency mouse has accelerated their usage across various sectors. One example is Razer Inc., an American company that specialises in creating and manufacturing gaming equipment and software accessories. In August 2022, the company launched the Basilisk V3 Pro, a state-of-the-art wireless gaming mouse with total customizability and enhanced performance. Its key features include the Razer HyperScroll Tilt Wheel, Razer Optical Mouse Switches Gen-3, over ten programmable buttons, the Razer Focus Pro 30K Optical Sensor, and wireless charging capability with the Razer Mouse Dock Pro and Wireless Charging Puck (both sold separately), among others. This innovation by Razer Basilisk V3 Pro has set a new standard in the gaming community.
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Which Regions Are Becoming Hubs for Mouse Market Innovation?
Asia-Pacific was the largest region in the mouse market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global mouse market share during the forecast period. The regions covered in the mouse market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mouse Market?
2. What is the CAGR expected in the Mouse Market?
3. What Are the Key Innovations Transforming the Mouse Industry?
4. Which Region Is Leading the Mouse Market?
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