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 have been 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 invest capital according to market trends. The increasing number of mergers and acquisitions is anticipated to positively impact the market. This trend will lead to the production of more efficient PC peripherals, compatible with advanced technologies and components, and capable of integration into smartphones, PCs, and other computing devices. Consequently, the surge in strategic partnerships and acquisitions is expected to fuel the expansion of the global PC peripherals market throughout the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
204 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.5% |
Market growth 2025-2029 |
USD 70.8 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
7.7 |
Key countries |
US, China, Canada, UK, Japan, India, Germany, Italy, Brazil, and UAE |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In the dynamic PC Peripherals Market, key features include advanced driver support for peripheral devices, high-speed data transfer, customizable RGB lighting, enhanced audio fidelity, thermal paste application, ergonomic keyboard designs, optical mouse technology, extended wireless connectivity range, high-resolution displays, precise cursor control, mechanical key feel, immersive VR experience, advanced audio processing, reliable power delivery, efficient cooling solutions, durable build quality, user-friendly interface design, seamless system integration, product reliability metrics, Energy Star compliance, sustainable material use, optimized cable lengths, effective device power management, various data transfer protocols, network interface standards, robust security protocol support, comprehensive hardware maintenance guides, troubleshooting techniques, and performance benchmarking.
The PC Peripherals Market, a segment of Technavio's global Technology Hardware, Storage and Peripherals Market, encompasses gaming mice sensors, mechanical keyboard switches, VR headset resolution, and monitor response time. This market is a significant contributor to the larger global Technology Hardware, Storage and Peripherals Market, which includes manufacturers of IT hardware devices, equipment, and components, such as personal computers, servers, electronic components, data storage solutions, monitors, keyboards, printers, and other peripherals. The market's growth is fueled by the increasing volume, velocity, veracity, and variety (4Vs) of data, driving the demand for advanced peripherals to process and manage data more efficiently.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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