Latest News- PC Peripherals Market: Printers is expected to lead the Product segment during 2025-2029

The PC Peripherals Market is being driven by Growing popularity of gaming and esports

The PC Peripherals Market is expected to grow at a CAGR of 8.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 70.8 billion. Strategic partnerships and acquisitions are on the rise in the PC peripherals market, bolstering vendors' positions in their respective businesses. These alliances aim to foster joint development programs, enhance technological competitiveness, and allocate resources in accordance with market trends. The proliferation of mergers and acquisitions is anticipated to positively impact the market. Consequently, the production of more efficient PC peripherals, compatible with advanced technologies and components, will ensue. These peripherals can be seamlessly integrated into smartphones, PCs, and other computing devices, driving the expansion of the global PC peripherals market throughout the forecast period. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Printers
  • Speakers
  • Others
• End-user
  • Business
  • Consumers
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
  • Europe
    • Germany
    • UK
    • Italy
  • 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 gaming and esports
• Increasing use of social networking
• Growing preference for client SSDs

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

• Growing counterfeit products
• Increasing penetration of smartphones
• Growing preference for digital documents

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Market Scope in PC Peripherals Market Research Report

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Research Analysis Overview

The PC peripherals market encompasses a variety of external devices that enhance the functionality of computers. Input devices like keyboards and mice allow users to interact with their systems, while output devices such as printers, speakers, and displays provide visual and auditory feedback. Other peripherals include scanners, microphones, storage devices like external hard drives and flash drives, and networking devices like routers and modems. Connections can be wired or wireless, using technologies like USB, HDMI, DVI, Ethernet, Serial ports, Bluetooth, Wi-Fi, and Infrared. Compatibility and system requirements, including operating systems, are crucial considerations when choosing peripherals.

Market Research Overview

The PC Peripherals market, as part of the broader Global Technology Hardware, Storage and Peripherals Market, encompasses input devices such as keyboards and mice, output devices like printers and speakers, and other peripherals including scanners and microphones. This market segment is a crucial component of the larger IT industry, which includes manufacturers of personal computers, servers, and related components. The market size is determined by revenue generated from sales of these hardware devices and components. Key growth drivers for this market include the increasing volume, velocity, veracity, and variety (4Vs) of data, leading to a surging demand for data storage solutions, particularly in the expanding data center sector.. 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/