Latest News- Computer Accessories Market: External HDDs is expected to lead the Product segment during 2025-2029

The Computer Accessories Market is being driven by Growing popularity of e-sports

The Computer Accessories Market is expected to grow at a CAGR of 5.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 4292.6 million. The PC accessories market is poised for significant expansion due to several technological innovations. One such advancement is the Hybrid mouse from Shogun Bros., which combines the functionalities of a mouse and a gaming controller in a single device, catering exclusively to the gaming community. Another noteworthy development is the TransluSense keyboard, featuring cameras and infrared lights that project images of keys onto objects, enabling users to input data while maintaining a clear view. Despite some manufacturing challenges, the demand for this product is anticipated to increase substantially. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • External HDDs
  • Gaming accessories
  • Portable speakers
  • Pointing devices
  • Others
• End-user
  • Business sector
  • Consumer sector
• Output Devices
  • Printers
  • Monitors
  • Speakers
• Input Devices
  • Pointing Devices
  • Webcams
  • Scanners
• Gaming Peripherals
  • Keyboards
  • Mice
  • Headsets
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing popularity of e-sports
• Increased demand for wireless products
• Adoption of process automation in industries

However, the market also witnesses some limitations, which are as follows:

• Shift of casual gamers toward mobile phones and tablets
• Long product lifecycle of computer accessories
• High cyclic nature of electronics industry

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Market Scope in Computer Accessories Market Research Report

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Research Analysis Overview

The Computer Accessories Market encompasses a wide range of products, including gaming consoles, fitness trackers, and smart home automation devices. Additionally, it offers biometric authentication systems, voice assistants, mobile payments solutions, and cloud storage services. Software applications include productivity tools, enterprise solutions, business intelligence, data analytics, network management, security software, antivirus protection, digital signage, and interactive displays. Touchscreen technology, 3D printing software, VR/AR software, gaming software, mobile app development tools, content creation software, graphic design software, video editing software, audio editing software, web development software, and database management software are also part of this market. Furthermore, it provides cloud-based services, subscription models, value-added services, extended warranties, customer support services, technical support, product training, online tutorials, user manuals, product reviews, and customer feedback.

Market Research Overview

The Computer Accessories Market, as part of the larger Global Technology Hardware, Storage, and Peripherals Market, encompasses mobile devices, gaming accessories, power adapters, storage devices, external hard drives, USB drives, and memory cards. This market segment is a significant contributor to the parent Global Technology Hardware, Storage, and Peripherals Market, which includes manufacturers of cellular phones, personal computers, servers, and associated components. Key growth drivers for this market include the escalating demand for data storage solutions due to the increasing volume, velocity, veracity, and variety (4Vs) of data, leading to a surge in data center establishment.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/