Press release
Computer Peripheral Equipment Market Size Forecasted To Achieve $189.24 Billion By 2029 With Steady Growth
Computer Peripheral Equipment
What Is the Expected Computer Peripheral Equipment Market Size During the Forecast Period?
In recent times, the market size for computer peripheral equipment has seen consistent expansion. It is projected to escalate from a worth of $159.73 billion in 2024 to a valuation of $165.64 billion in 2025, generating a compound annual growth rate (CAGR) of 3.7%. The upward trend witnessed in the historic period is credited to the proliferation of personal computing, enhancements in input devices, evolution in data storage mechanisms, advancement in networking devices, expansion of game controllers, and the mounting growth of audio devices.
In the coming years, the market size of computer peripheral equipment is anticipated to experience consistent growth, reaching a value of $189.24 billion by 2029, with a compound annual growth rate (CAGR) of 3.4%. Factors such as smart home connectivity, eco-friendly peripheral design, digital transformation initiatives, the expansion of the gaming peripheral market, and the adoption of USB-c are all contributing to this growth forecast. Furthermore, prominent trends predicted for this period are wireless connectivity, ergonomic designs, biometric security measures, intelligent office solutions, voice-activated peripherals, the integration of wearable technology, and the application of climate tech solutions.
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What Are the High-Growth Segments in the Computer Peripheral Equipment Market?
The computer peripheral equipment market covered in this report is segmented -
1) By Type: Mouse, Keyboard, Monitor, Printer, Scanner
2) By Connectivity: Wired, Wireless
3) By End-Use: Residential, Commercial
Subsegments:
1) By Mouse: Wired Mouse, Wireless Mouse, Gaming Mouse, Trackball Mouse
2) By Keyboard: Wired Keyboard, Wireless Keyboard, Mechanical Keyboard, Membrane Keyboard
3) By Monitor: LED Monitors, LCD Monitors, Curved Monitors, Gaming Monitors
4) By Printer: Inkjet Printers, Laser Printers, All-In-One Printers, Dot Matrix Printers
5) By Scanner: Flatbed Scanners, Sheetfed Scanners, Portable Scanners, 3D Scanners
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What Key Drivers Are Expected to Influence Future Computer Peripheral Equipment Market Growth?
The surge in data production from personal gadgets and numerous business activities across different sectors is anticipated to fuel the need for storage solutions in the projected timeline. For example, the overall global data production is estimated to hit 163 zettabytes (ZB) by the year 2025. With the escalation of data generation, the demand for storage units from both enterprises and private consumers is projected to propel the computer peripheral equipment market during the forecast time frame.
Which Companies Hold the Largest Share Across Different Computer Peripheral Equipment Market Segments?
Major companies operating in 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, Asustek Computer Inc., Seiko Epson Corp., Brother Industries Ltd., Logitech International S.A., Gigabyte Technology Co. Ltd., Synaptics Inc., Razer Inc., Corsair Gaming Inc., MathWorks Corporation, SteelSeries Company, iKey Ltd., XMOS Company, Team Mobot, Advanced Micro Peripherals Ltd., Mionix AB
What Are the Latest Developing Trends in the Computer Peripheral Equipment Market?
The popularity of portable folding keyboards is on the rise because of their compact dimensions and the convenience they provide. They can be linked to various devices like phones, PCs, and tablets, and when unfurled, are the same size as a standard keyboard. These keyboards are typically compatible with all significant operating systems including Windows, Android, and iOS, and can be powered via a USB port. Examples of these keyboards encompass Microsoft's Universal Foldable Keyboard, iClever wireless folding keyboard, and the IKOS foldable keyboard.
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What Are the Emerging Geographies for The Computer Peripheral Equipment Market Growth?
North America was the largest region in computer peripheral equipment market in 2024. Asia-Pacific was the second largest region in computer peripheral equipment market. The regions covered in the computer peripheral equipment 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 Computer Peripheral Equipment Market?
2. What is the CAGR expected in the Computer Peripheral Equipment Market?
3. What Are the Key Innovations Transforming the Computer Peripheral Equipment Industry?
4. Which Region Is Leading the Computer Peripheral Equipment Market?
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