The computer accessories market share is expected to grow up to USD 4.28 billion, accelerating at a CAGR of 5.87% during the forecast period. The growing popularity of e-sports is one of the key drivers that boost market growth. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects. Unlock Free Sample Report
The computer accessories market is segmented by Product (External HDDs, Gaming accessories, Portable speakers, Pointing devices, and Others), End-user (Business sector and Consumer sector), and Geography (North America, APAC, Europe, South America, and MEA).
Based on the market segmentation by product, computer accessories market size in the external HDDs segment will be significant during the forecast period. The growth in the volume of shipments due to the increasing demand for PCs from the consumer and commercial sectors will increase the computer accessories market value in APAC. 51% of the market growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for computer accessories in APAC.
The computer accessories market report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
The growing popularity of e-sports is one of the primary factors driving the growth of the computer accessories market. In addition, factors such as replacement sales overshadowing new product sales and increased preference for assembling will positively impact the market growth. However, the diminishing demand for standalone devices and the emergence of the smartphone and tablet market may impede the market value.
The computer accessories market report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
The market is fragmented due to the presence of several players. AZIO Corp., Corsair Components Inc., COUGAR, KYE Systems Corp, Mad Catz Global Ltd., Mionix, Seagate Technology Public Ltd. Co., SteelSeries ApS, Turtle Beach Corp., and Western Digital Corp. are some of the major computer accessories market vendors.
The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
Technavio's research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. Download the Free PDF Sample Report