Key Factor Supporting Gaming Accessories Market Development in 2025: Surge In E-Sports Fueling The Growth Of The Market Due To Rising Online Streaming And Competitive Gameplay

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How Large Will the Gaming Accessories Market Size By 2025?
There has been a swift expansion in the market size of gaming accessories during the recent years. The market, which will surge from a value of $11.26 billion in 2024, is projected to reach $12.75 billion by 2025, with a compound annual growth rate (CAGR) of 13.2%. Factors like the rising trend of personal computer and console gaming, increased demand for captivating gaming experiences, the growing acceptance of esports, the rise in sales of gaming laptops and desktop computers, as well as the influential effect of gaming streamers and influencers, have contributed to the growth witnessed during the historical timeframe.

How Big Is the Gaming Accessories Market Size Expected to Grow by 2029?
In the coming years, the gaming accessories market size is set to undergo speedy growth, ballooning to a value of $20.74 billion in 2029 with a compound annual growth rate (CAGR) of 12.9%. The expansion within the forecast period is grounded in the expanding use of virtual and augmented reality, the climbing preference for wireless gaming equipment, the surging penetration of cloud gaming services, the escalating demand for cross-platform gaming accessories, and rising capital investment in gaming hardware novelty. Key trends projected for this period incorporate emerging immersive gaming technologies, amalgamation with cloud gaming platforms, technological leaps in haptic feedback and sensors, progress in wireless interconnectivity, and advancements in ergonomic and adaptable designs.

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Which Key Market Drivers Powering Gaming Accessories Market Expansion and Growth?
The rise in e-sports is anticipated to fuel the expansion of the gaming accessories market in the future. E-sport is a term used to describe competitive video gaming in which individuals or groups compete in structured tournaments or leagues, often observed by live spectators or broadcasted over the internet. This increase in e-sports is linked to the swift ascendance of online streaming platforms, enabling gamers to demonstrate their abilities to a worldwide audience. Gaming accessories contribute to e-sports by providing high-performance tools engineered for accuracy, speed, and comfort, all critical elements in competitive gaming. They amplify the professional gaming experience through features like customizable controls, immersive audio, and ergonomic designs, thus enhancing player execution and engagement. As an example, in December 2023, Invest India, an Indian facilitation agency, reported a 39% rise in e-sports game revenues from 2021 to 2022, eclipsing $1.2 billion (₹ 100 billion). As such, the increasing popularity of e-sports is catalysing the expansion of the gaming accessories market.

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Which Fast-Growing Trends Are Poised to Disrupt the Gaming Accessories Market?
In the gaming accessories market, leading companies are concentrating on creating innovative gaming accessories, such as gaming headphones with multi-system connecticity, improving cross-platform compatibility, enhancing user convenience, and providing immersive gaming experiences. Multi-system connect refers to a feature that enables the headset to effortlessly connect or transition among multiple devices or gaming platforms simultaneously. For example, in April 2024, SteelSeries, a company based in Denmark specializing in gaming, introduced the Arctis Nova Pro series. This is a top-tier line of gaming headphones crafted to produce extraordinary audio output and versatility across several platforms. These groundbreaking multi-connect gaming accessories consist of an ergonomic design, AI customization, 3D audio, haptic feedback, and cross-platform compatibility, contributing to heightened precision and immersion. The Arctis Nova Pro series stands out for its noise cancellation, multi-system connectivity, and customizable sound, yielding a versatile, high-performance experience.

What Are the Emerging Segments in the Gaming Accessories Market?
The gaming accessories market covered in this report is segmented -

1) By Product Type: Gamepads Or Joysticks, Gaming Keyboards, Gaming Mice, Gaming Headsets, Virtual Reality Devices
2) By Device Type: Personal Computers, Smartphones, Gaming Consoles
3) By Connectivity Type: Wired, Wireless
4) By End Use: Offline, Online, Professional Gamers, Casual Gamers

Subsegments:
1) By Gamepads Or Joysticks: Wired Gamepads, Wireless Gamepads, Modular Gamepads, Motion-Sensing Gamepads, Customizable Joysticks
2) By Gaming Keyboards: Mechanical Keyboards, Membrane Keyboards, Hybrid Keyboards, Wired Keyboards, Wireless Keyboards, Red, Green, Blue (RGB) Backlit Keyboards
3) By Gaming Mice: Wired Gaming Mice, Wireless Gaming Mice, Ergonomic Gaming Mice, Massively Multiplayer Online (MMO) Mice, First-Person Shooter (FPS) Mice, Ambidextrous Mice
4) By Gaming Headsets: Wired Gaming Headsets, Wireless Gaming Headsets, Over-Ear Headsets, In-Ear Gaming Earbuds, Surround Sound Headsets, Noise-Canceling Gaming Headsets
5) By Virtual Reality Devices: Virtual Reality (VR) Headsets, Virtual Reality (VR) Controllers, Virtual Reality (VR) Gloves, Virtual Reality (VR) Motion Platforms, Haptic Feedback Devices

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Who Are the Global Leaders in the Gaming Accessories Market?
Major companies operating in the gaming accessories market are Dell Technologies Inc., ASUSTeK Computer Inc., Acer Inc., Logitech International S.A., Corsair Gaming Inc., Sennheiser Electronic SE & Co. KG, Turtle Beach Corporation, NZXT Inc., Micro-Star International Co. Ltd, iBUYPOWER, Origin PC Corp, MAINGEAR Inc., ZOTAC Technology Limited, Cooler Master Technology Inc., KEYCHRON INDIA PRIVATE LIMITED, Thrustmaster (India) Private Limited, Razer Pte. Ltd., Mad Catz Global Limited, SteelSeries A/S, HyperX Inc.

Which are the Top Profitable Regional Markets for the Gaming Accessories Industry?
North America was the largest region in the gaming accessories market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gaming accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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