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Emerging Mouse Market Trends: Technological Innovations Propel Evolution In The Mouse Market Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Mouse Market Size By 2025?
In recent times, there has been a firm surge in the mouse market size. It is predicted to expand from a size of $3.56 billion in 2024 to $3.77 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.7%. The historical expansion of this market can be associated with an increase in video gamers, a spike in the demand for intelligent computing devices like PCs and laptops, a rise in the millennial population, and an escalation in disposable income.
How Big Is the Mouse Market Size Expected to Grow by 2029?
The mouse industry is projected to witness significant expansion in the upcoming years, with estimations predicting a rise to $4.62 billion in 2029, experiencing a compound annual growth rate (CAGR) of 5.3%. The anticipated growth within the forecast period can be linked to a surge in remote working conditions, a rise in the number of jobs in the information technology field, an increased demand for ergonomic mice, increased investments, an increase in urbanization and growth in internet accessibility. Key trends expected during the forecast period encompass a focus on eco-friendly mice, voice-enabled mice, ergonomic mouse designs, product innovations, advanced gaming mouse models, and the introduction of biometric mice.
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Which Key Market Drivers Powering Mouse Market Expansion and Growth?
The surge in the number of gamers who prefer using a mouse for gameplay is a crucial force propelling the expansion of the mouse market. Data from a study conducted by EEDAR, a subsidiary of NPD Group Company in the US, reveals that 67% of the overall population engages in gaming, amounting to a whopping total of 211.2 million gamers across the nation. Year after year, the gaming community expands, and with the roll out of new games, the need for mouse control is predicted to soar, spurring growth in the mouse industry. Fundamental game controls such as slashing, attacking, hacking, and targeting in every PC game necessitate the use of a mouse. For instance, in the game Street Fighter, the characters are steered by mouse movements. Similarly, the Mortal Kombat game primarily employs a mouse and keyboard for game administration. Consequently, the escalating occurrence of gaming is anticipated to fuel the progression of the mouse market.
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Which Fast-Growing Trends Are Poised to Disrupt the Mouse Market?
The proliferation of technological improvements is a key developing trend in the mouse market. The incorporation of fresh technologies such as the radio frequency mouse has escalated the usage of these gadgets in various sectors. For instance, in August 2022, Razer Inc., a company based in the United States that designs and manufactures gaming equipment and software accessories, launched the Basilisk V3 Pro, a state-of-the-art wireless gaming mouse that offers full personalization and superior performance. With unique offerings such as the Razer HyperScroll Tilt Wheel, Razer Optical Mouse Switches Gen-3, 10+1 programmable buttons, Razer Focus Pro 30K Optical Sensor, and wireless charging capabilities with the Razer Mouse Dock Pro and Wireless Charging Puck (sold separately), the Razer Basilisk V3 Pro sets new standards for gaming enthusiasts.
What Are the Emerging Segments in 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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Who Are the Global Leaders in the Mouse Market?
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
Which are the Top Profitable Regional Markets for the Mouse Industry?
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
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