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Global Wearable Gaming Accessories Market Forecasted to Gain Steady Growth at strong CAGR through 2026

01-30-2018 09:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

The research report on global wearable gaming accessories market focuses on numerous factors that are present in the wearable gaming accessories market and have a direct or indirect impact on the growth of the global market. Several factors have driven the growth of the global wearable gaming accessories market. To highlight a few, factors like increasing use of smartphones, rising gaming industry and emergence of associated accessories to enhance gaming experience, increasing innovations in gaming accessories making it faster and simple to use owing to increasing technological developments in the electronic industry, higher disposable income of individuals across the globe coupled with higher expenditure on electronics and effective positioning and marketing of gaming accessories are boosting the growth of the wearable gaming accessories market. However, high cost associated with the wearable technology and accessories is a major issue that challenges the growth of the global wearable gaming accessories market.

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The report offers an overview of the wearable gaming accessories market. This comprises an introduction to the market, along with a standard definition of the product – wearable gaming accessories. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the wearable gaming accessories market, the report provides updates about market opportunities, which can benefit leading manufacturers of wearable gaming accessories. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for wearable gaming accessories manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Highlights on the Global Wearable Gaming Accessories Market

1) The North America region is expected to be highly attractive for wearable gaming accessories. Wearable gaming accessories market in North America region is projected to grow at a high CAGR of 13.4% throughout the period of forecast, 2017-2026. The region is characterized by high disposable income of the population coupled with higher spending nature, increasing technological advancements, and greater scope for innovation owing to high investment in research and development
2) Third party online channels segment in the sales channel category is projected to grow at a noteworthy pace to reach a value higher than other segments in this category. It is estimated to reach a value more than US$ 2 Bn thus leading the global market. The gaming specialty stores segment is expected to rise at the highest CAGR during the period of forecast
3) Individual buyer segment is likely to lead the market and also radiates high potential for the growth of wearable gaming accessories. The segment is projected to show a high CAGR of 16.2% during the 2017-2026 period
4) Wearable controllers segment by accessories has caught high steam and is the fastest growing segment and is anticipated to reach a significant valuation by the end of 2026. It is projected to expand at a CAGR of 20.9% throughout the period of forecast. The VR headset segment is the largest segment in terms of value. Both these segments are reflecting high growth potential from revenue generation and growth standpoints. With respect to BPS, the VR headset accessory segment is expected to lose BPS, whereas the wearable controllers segment is poised to gain highest BPS during the assessment period

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Individual Buyer Category to Cement its Dominance by 2026 End
The individual segment in the buyer category is estimated to reach a huge market valuation and is highly attractive segment for the growth of the global wearable gaming accessories market. The individual segment is expected to reach a value more than US$ 4 Bn by the end of assessment year and is also poised to gain high BPS, growing at a robust CAGR during the 2017-2026 timeline.

Competition Tracking
The research report on global wearable gaming accessories market includes an in-depth competitive assessment. A dedicated chapter in this research report covers various aspects of the competition involved in this market, such as, company overview, SWOT analysis, product portfolio, key developments and innovations, key financials and strategies. Key companies such as Samsung Electronics, HTC Corporation, Sony Corporation, Microsoft Corporation, Machina, Oculus VR, LLC, GoPro Inc., Nod Inc., Thalmic Labs Inc., and Google Inc., are profiled in this research report.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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