Press release
Gaming Keyboard Market Anticipated To Witness Robust Growth, Surpassing $4.47 Billion By 2029
Gaming Keyboard Market
What Is the Current Gaming Keyboard Market Size and Its Estimated Growth Rate?
The gaming keyboard market has experienced significant growth in recent years. It will increase from $2.5 billion in 2024 to $2.81 billion in 2025, at a CAGR of 12.7%. This can be attributed to the rise in PC gaming, increasing demand for enhanced performance and responsiveness, the rise of esports and competitive gaming, and the growing preference for customizable RGB lighting.
The gaming keyboard market will reach $4.47 billion by 2029 at a CAGR of 12.3%. Factors such as esports growth, demand for RGB customization, and wireless peripherals will drive this market, with advances in switch technology, AI integration, and software customization enhancing user experiences.
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How Are Emerging Segments Shaping the Gaming Keyboard Market Landscape?
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 Growth Factors Are Influencing Gaming Keyboard Market Expansion?
The growth of esports events is expected to drive the growth of the gaming keyboard market. Esports events are competitions where gamers, either professional or amateur, compete in various video game titles. The rise in esports events is attributed to the increased availability of competitive gaming platforms and online broadcasts. Gaming keyboards are essential for esports competitions as they provide the performance, customization, and durability required for professional gaming. For example, in December 2023, Invest India reported a 39% increase in esports game revenues in 2022, surpassing $1.2 billion. Therefore, the growth of esports events is contributing to the gaming keyboard market's expansion.
Who Are the Dominant Players Across Different Gaming Keyboard Market Segments?
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.
What Are the Major Trends Shaping the Gaming Keyboard Market?
Main players in the gaming keyboard sector, are concentrating on the creation of innovative items such as mechanical keyboards to improve gameplay performance and user interaction. Unlike conventional keyboards that use membrane or rubber dome switches, mechanical keyboards employ unique mechanical switches for every key. Logitech, an Indian firm that produces computer peripherals and software, for example, launched the G413 SE mechanical keyboard in India in June 2022. The G413 SE is a full-size keyboard, with the number pad omitted for a less bulky design. It is built to be adaptable for both gaming and intensive typing activities, offering an inexpensive option for consumers looking for a sturdy and responsive mechanical keyboard.
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Which Geographic Regions Are Expected to Dominate the Gaming Keyboard Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Gaming Keyboard Market?
2. What is the CAGR expected in the Gaming Keyboard Market?
3. What Are the Key Innovations Transforming the Gaming Keyboard Industry?
4. Which Region Is Leading the Gaming Keyboard Market?
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