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Gaming Accessories Market Set to Grow at a CAGR of 9.3% by 2032 - Persistence Market Research

05-14-2025 12:56 PM CET | Consumer Goods & Retail

Press release from: Persistence Market Research

Gaming Accessories Market

Gaming Accessories Market

The global gaming accessories market has witnessed remarkable growth in recent years, driven by the increasing demand for high-performance peripherals and immersive gaming experiences. With an estimated market size of US$ 8.4 billion in 2025, the industry is expected to grow at a compound annual growth rate (CAGR) of 9.3%, reaching US$ 15.7 billion by 2032. Several factors have contributed to this growth, such as advancements in technology, rising interest in e-sports, and the growing gaming population worldwide. Key market segments include gaming headsets, keyboards, mice, controllers, gaming chairs, and monitors, each catering to the needs of both casual and competitive gamers.

The primary drivers of growth in this market include technological advancements in wireless connectivity, ergonomic design, and cross-platform compatibility. These innovations are enhancing the gaming experience, making it more convenient, comfortable, and immersive. Asia Pacific is emerging as a significant player in the market, driven by countries like China, Japan, and South Korea, where gaming is a cultural phenomenon. North America also maintains a strong market share, supported by a robust gaming infrastructure and the high spending power of consumers.

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Key Highlights from the Gaming Accessories Market Report

➤ The market is anticipated to grow from US$ 8.4 billion in 2025 to US$ 15.7 billion by 2032, at a CAGR of 9.3%.

➤ Technological advancements, including wireless connectivity and cross-platform compatibility, are key drivers for the market.

➤ Asia Pacific is expected to emerge as a major market, supported by a large gaming population and the rise of e-sports.

➤ North America remains a leading market, driven by consumer spending and an established gaming infrastructure.

➤ A growing demand for ergonomic gaming furniture is fueling the growth of gaming chairs and desks.

➤ The surge in mobile gaming has increased the demand for portable gaming accessories such as controllers and headsets.

Market Segmentation

The gaming accessories market can be segmented into several categories, including product type, technology, platform compatibility, and distribution channel. Based on product type, the market includes gaming headsets, gamepads, controllers, gaming keyboards, mice, chairs, monitors, VR accessories, and streaming accessories. Gaming headsets and mice are among the most popular categories, as they are essential for both competitive and casual gamers seeking high-performance peripherals. Furthermore, gaming chairs are gaining popularity due to their ergonomic designs, which offer greater comfort during long gaming sessions.

From a technological perspective, gaming accessories are either wired or wireless. Wireless devices are gaining traction due to their convenience and ability to eliminate the clutter of cables, although wired peripherals are still preferred by gamers who prioritize minimal latency and stable connections. Platform compatibility is also an essential factor in segmentation, as accessories are designed for specific platforms, including PC, console, and mobile gaming. Cross-platform accessories, which work seamlessly across multiple devices, are increasingly in demand due to the growing trend of multi-device gameplay.

Regional Insights

North America Gaming Accessories Market Trends

North America has long been a key player in the global gaming accessories market. The U.S. remains the largest consumer of gaming peripherals, with a rapidly expanding e-sports ecosystem and a strong interest in competitive gaming. This region's market dominance is further reinforced by its high consumer spending power and the presence of major gaming companies such as Microsoft, Sony, and Valve. Additionally, the demand for high-performance gaming headsets, mechanical keyboards, and ergonomic gaming chairs is on the rise, driven by a growing interest in cloud gaming and next-generation console releases.

Asia Pacific Gaming Accessories Market Trends

Asia Pacific is becoming one of the fastest-growing regions for gaming accessories. With countries like China, Japan, and South Korea at the forefront of the gaming industry, the region has a massive and active gamer base. In particular, China, with over 600 million gamers, is driving demand for high-performance peripherals. Moreover, the rise of mobile gaming in emerging economies such as India, Indonesia, and Vietnam has fueled the demand for portable and wireless gaming accessories. This shift towards mobile and cloud gaming creates ample growth opportunities for manufacturers targeting versatile, cross-platform solutions.

Market Drivers

One of the primary drivers of the gaming accessories market is the growing demand for advanced peripherals that enhance the gaming experience. High-performance products such as surround-sound headsets, high-DPI mice, and mechanical keyboards are becoming essential for gamers who seek precision and responsiveness. The rise of virtual reality (VR) and augmented reality (AR) gaming is also driving the demand for specialized accessories such as VR headsets, motion controllers, and haptic feedback devices. As more consumers invest in immersive gaming setups, the demand for compatible accessories is set to rise.

Additionally, the increasing popularity of e-sports has created a niche market for competitive gaming peripherals. High-refresh-rate monitors, low-latency mice, and programmable keyboards are essential for players aiming to gain a competitive edge in tournaments and gaming leagues. This trend is expected to continue as e-sports grow in prominence globally, particularly in regions like North America and Asia Pacific.

Market Restraints

While the gaming accessories market is poised for growth, there are several challenges that may impede its expansion. One of the key obstacles is the issue of platform compatibility. Many gaming accessories are designed specifically for one platform (e.g., PC, console, or mobile), making them less versatile for gamers who use multiple devices. This lack of cross-platform compatibility limits the adoption of these products, particularly in the growing mobile and cloud gaming segments.

Another restraint is the diverse consumer preferences regarding wired versus wireless accessories. While wireless devices offer convenience, many gamers still prefer wired peripherals due to concerns about latency, connectivity, and battery life. This division in consumer preferences makes it challenging for manufacturers to create universally appealing products and may slow the widespread adoption of wireless accessories.

Market Opportunities

The gaming accessories market presents several opportunities for growth, particularly in the realm of immersive technologies. Virtual reality (VR) and augmented reality (AR) are poised to revolutionize the gaming experience, creating new demand for specialized peripherals such as VR headsets, motion controllers, and haptic devices. As these technologies become more mainstream, manufacturers have the opportunity to develop innovative accessories that cater to this emerging market.

Another opportunity lies in the growing demand for customizable gaming peripherals. Gamers are increasingly seeking products that can be tailored to their individual preferences, whether it's adjustable mice, programmable keyboards, or RGB lighting. By offering products that allow for personalization, manufacturers can attract a loyal customer base and tap into a lucrative segment of the market.

Frequently Asked Questions (FAQs)

➤ How Big is the Gaming Accessories Market?
➤ Who are the Key Players in the Global Gaming Accessories Market?
➤ What is the Projected Growth Rate of the Gaming Accessories Market?
➤ What is the Market Forecast for Gaming Accessories in 2032?
➤ Which Region is Estimated to Dominate the Gaming Accessories Industry through the Forecast Period?

Company Insights

The key players operating in the global gaming accessories market include:

✦ Logitech International S.A.
✦ Razer Inc.
✦ Corsair Gaming, Inc.
✦ SteelSeries
✦ Turtle Beach Corporation
✦ HyperX (Kingston Technology Company, Inc.)
✦ Mad Catz Global Limited
✦ Thrustmaster (Guillemot Corporation)
✦ Astro Gaming (Logitech)
✦ Cooler Master Technology Inc.

In conclusion, the gaming accessories market is poised for sustained growth, driven by technological advancements, increasing consumer demand for immersive experiences, and the expanding e-sports ecosystem. While challenges such as platform compatibility and consumer preferences remain, opportunities in emerging technologies and customization are expected to fuel continued innovation and market expansion in the coming years.

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Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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