Press release
Keyboards Market Growth Accelerates: Strategic Forecast Predicts $8.82 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Keyboards Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the keyboard industry has seen a slight growth in its market size. There's anticipated growth from $8.03 billion in 2024 to $8.19 billion in 2025, with a compound annual growth rate (CAGR) of 1.9%. This growth during the historical period is associated with factors such as the expansion of personal computing, rise in gaming and esports, increase in office automation, replacement and upgrade cycles, as well as ergonomic considerations.
How Will the Keyboards Market Size Evolve and Grow by 2029?
The market size of keyboards is predicted to witness a slight increment in the coming years, anticipated to reach $8.82 billion by 2029, growing at a compound annual growth rate (CAGR) of 1.9%. Factors contributing to this growth can be traced back to emerging trends such as remote and flexible working conditions, the rise of mechanical keyboards, tailoring and customization, amalgamation with intelligent devices, and focus on sustainable practices. Touchpad and trackpoint integration, improved build quality and durability, smart features boosting productivity, the use of eco-friendly materials, and integration with intelligent devices are the major trends expected during the forecast period.
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What Drivers Are Propelling the Growth of Keyboards Market Forward?
The growth of the keyboard market is significantly driven by the increasing use of keyboards by gamers. For example, gaming community revenue is predicted to be $282 billion by the end of 2024, as stated by Priori Data, a German company specializing in providing data and analytics from app stores, in September 2024. The number of active gamers worldwide in 2024 is roughly 3.32 billion. Asia is leading with 1.48 billion gamers, followed by 715 million gamers in Europe. As new games are introduced every year, and the number of gamers grows, the demand is anticipated to rise, which is projected to promote the keyboard market. Gaming keyboard keys are tailored for quick, smooth, and recurring key presses, drawing more gamers. The 104 keys found in a full-size layout provide a broad selection of potential inputs, allowing players to map game functions across these easily accessible keys, offering flexibility in controlling their playing experience. Moreover, keyboards also offer macro options - these are command sequences tied to a single input. Hence, the increasing number of gamers is likely to push the growth of the keyboard market further.
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Which Emerging Trends Are Transforming the Keyboards Market in 2025?
Advancements in technology have emerged as a significant trend in the keyboard market, growing in popularity. Major industry players are concentrating their efforts on developing innovative technologies for keyboards. For instance, in September 2023, 3Dconnexion, a computer application company based in Germany, introduced a ground-breaking new Keyboard Pro with Numpad. This model boasts 12 programmable 3Dconnexion keys that ensure reliable performance and minimal resistance, thanks to the advanced scissor technology. It also automatically identifies active applications and provides the user with convenient access to app-specific commands, enhancing efficiency and keeping the user concentrated.
What Are the Key Segments in the Keyboards Market?
The keyboards market covered in this report is segmented -
1) By Type: Basic Keyboard (QWERTY), Wired Keyboard, Wireless Keyboard, Ergonomic Keyboard, Vertical Keyboard, Compact keyboard, Adjustable keyboard, Split Keyboard, Mechanical Keyboard
2) By Application: Corporate, Personal, Gaming
3) By Distribution Channel: Online Store, Offline Store
Subsegments:
1) By Basic Keyboard (QWERTY): Standard Layout Keyboards, Membrane Keyboards
2) By Wired Keyboard: USB Keyboards, PS/2 Keyboards
3) By Wireless Keyboard: Bluetooth Keyboards, RF Wireless Keyboards
4) By Ergonomic Keyboard: Contoured Keyboards, Tented Keyboards
5) By Vertical Keyboards: Vertical Ergonomic Keyboards
6) By Compact Keyboard: Tenkeyless Keyboards, Mini Keyboards
7) By Adjustable Keyboard: Height-Adjustable Keyboards, Angle-Adjustable Keyboards
8) By Split Keyboard: Split Ergonomic Keyboards
9) By Mechanical Keyboard: Switch Type Mechanical Keyboards, Gaming Mechanical Keyboards
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Who Are the Key Players Shaping the Keyboards Market's Competitive Landscape?
Major companies operating in the keyboards market include Apple Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Technologies Inc., Lenovo Group Ltd., HP Inc., ASUSTeK Computer Inc., Logitech International SA, EpicGear, Corsair Components Inc., Razer Inc., Fellowes Brands LLC, Key Tronic Corporation, Riitek Corp., Targus Group International Inc., Rapoo Corporation, SteelSeries ApS, Filco Co. Ltd., Topre Corporation, Kinesis Corporation, Matias Corporation, Datadesk Technologies Inc., Fentek Industries Inc., WASD Keyboards, Azio Corporation, Huizhou Greetech Electronics Co. Ltd. - Greetech, Ducky Channel International Co. Ltd., Cooler Master Technology Co. Ltd., Das Keyboard Inc., HyperX, Mistel Keyboard, Nixeus Technology Inc., Wooting technologies
What Geographic Markets Are Powering Growth in the Keyboards Market?
North America was the largest region in the keyboard market in 2024. North America is expected to be the fastest-growing region in the global keyboard market analysis report during the forecast period. The regions covered in the keyboards market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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