Gaming Peripheral Market Size to grow by USD 6865.2 million between 2024-2028
According to a research report “ Gaming Peripheral Market” by Type (Controllers, Headsets, Keyboards, Gaming mice, Others) Technology (Wired, Wireless) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 6865.2 million, at a CAGR of almost 10.39% during the forecast period. The global gaming peripheral market is poised for significant growth due to the increasing popularity of e-sports as a mainstream form of entertainment. With e-sports viewership at an all-time high and continuing to expand during the forecast period, the demand for high-performance gaming peripherals will increase. These peripherals, including keyboards, mice, headsets, and controllers, enable professional gamers to optimize their gameplay experience and compete at the highest level. As e-sports continues to evolve and attract larger audiences, the gaming peripheral market will experience substantial growth.
Browse market data tables, figures, and in-depth TOC on “Gaming Peripheral Market” by Type (Controllers, Headsets, Keyboards, Gaming mice, Others) Technology (Wired, Wireless) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Type, the Controllers segment is projected to dominate the market size in 2024
The gaming peripheral market represents a significant growth opportunity for businesses, with increasing demand for advanced and immersive gaming experiences. Peripherals, such as keyboards, mice, headsets, and controllers, enhance user experience and performance. Market trends include wireless connectivity, customization, and integration with virtual and augmented reality technologies. Companies must innovate to meet evolving consumer needs and preferences.
By Technology, Wired segment is expected to hold the largest market size for the year 2024
The gaming peripheral market represents a significant growth opportunity for businesses, with increasing demand for advanced and immersive gaming experiences. Peripherals, such as keyboards, mice, headsets, and controllers, enhance user experience and performance. Market trends include wireless connectivity, customizable designs, and integration with virtual and augmented reality technologies. Companies investing in research and development of innovative gaming peripherals are poised to capture market share and meet consumer expectations.
North America is forecasted to hold the largest market size by region in 2024
The gaming peripheral market represents a significant growth opportunity for businesses, with increasing demand for advanced and immersive gaming experiences. Peripherals, such as keyboards, mice, headsets, and controllers, enhance user experience and performance. Market trends include wireless connectivity, customization, and integration with virtual and augmented reality technologies. Companies must stay abreast of these developments to remain competitive in this dynamic industry.
The Gaming Peripheral Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The PC gaming market is experiencing a surge in growth, driven by the popularity of games like Minecraft, PUBG, and other online multiplayer titles. With the rise of e-sports tournaments and the increasing number of gaming enthusiasts, there is a growing demand for specialised gaming peripherals. These include high-definition displays, VR cameras, haptic gloves, and body sensors, among others. Gamers are investing in gaming chairs, mechanical switches keyboards, and ergonomic mice and controllers from brands like Corsair Gaming and Logitech. Accessories such as gamepads, headsets, and game streaming equipment are also in high demand. The market for gaming peripherals is not limited to PC gaming. Gaming consoles like PlayStation and Xbox also require specialized peripherals to enhance the gaming experience. Traditional board games have even found a place in the digital world, with virtual versions and online multiplayer options. The growth of the gaming peripheral market is fueled by the increasing internet penetration and the popularity of online gaming. As more people turn to video games for entertainment, the demand for high-quality gaming peripherals is expected to continue to grow. Whether it's for PC gaming, console gaming, or virtual games, there's a peripheral device to enhance the experience for every type of gamer.
Market Research Overview
The gaming peripheral market has witnessed significant growth in recent years, fueled by plant turnarounds, expansions of capacity, and investments in the industry. The rise of popular games like League of Legends, Fortnite, Minecraft, PUBG, and others has driven demand for specialised gaming peripherals, including high-quality headphones, high-definition displays, virtual reality headsets, chairs, VR cameras, haptic gloves, and more. Gaming enthusiasts are no longer limited to traditional board games or console games. Online gaming, game streaming, and e-learning have become integral parts of modern life, especially during lockdowns and social distancing measures. As a result, peripheral devices such as mechanical switches, drop keyboards from brands like Corsair Gaming, mice, controllers, headsets, gamepads, gaming keyboards, body sensors, gamepads, and VR accessories have become essential tools for gamers and e-sports participants. Mergers and acquisitions have also played a role in shaping the market, with companies like Logitech, Razer, and SteelSeries expanding their offerings through strategic partnerships and acquisitions. The INZONE brand, for instance, has made a name for itself in the high-end display market, while other companies focus on virtual reality headsets and haptic gloves for an immersive gaming experience. Overall, the gaming peripheral market is poised for continued growth, driven by the increasing popularity of video games and the need for high-quality equipment for online gaming and e-sports tournaments.
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