Computing Mouse Market to grow at a CAGR of 10.71% during 2024-2028
The Computing Mouse Market is expected to grow at a CAGR of 10.71% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2210.4 million. In the computing market, an ergonomic mouse is a valuable investment for professionals seeking to minimize discomfort and potential health risks associated with prolonged use. Traditional mice can cause strain on the forearms, hands, and shoulders due to unnatural hand positions and awkward angles. Ergonomic mice, however, prioritize user comfort, allowing for a more natural grip and reducing the likelihood of health conditions such as arthritis, carpal tunnel syndrome, and tendonitis. By supporting proper hand positioning and reducing muscle strain, ergonomic mice enable users to maintain productivity and focus throughout their workday.
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Technavio analysts predict that the Wired subsegment will lead the Product segment during 2024 and 2028 The computing mouse market represents a significant segment within the broader technology industry. Companies continually innovate to meet user demands, resulting in a diverse range of products. Pointing devices, such as mice, are essential peripherals for computer users, enhancing productivity and user experience. Market growth is driven by factors like increasing computer penetration, advancements in technology, and evolving user preferences. Competitors differentiate through features like ergonomics, design, and connectivity options.
Here are the various ways based on which the market is segmented:
There are several factors that are causing the market to flourish rising demand for wireless mouses
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The computing mouse market is a dynamic and innovative industry, constantly evolving to meet the needs of various users. From basic wired mice to high-end wireless mice with advanced features, the market caters to diverse segments. Gamers, for instance, prefer gaming mice with ergonomic designs, responsive sensors, and quick response times for PC games. On the other hand, computer operators in educational institutions and businesses require reliable and ergonomic mice for daily computer operations. Recent trends in the market include voice control features, enabling users to navigate and zoom with voice interaction through virtual assistants. High-end mice also offer multi-device connectivity, long battery life, and quick charging choices. Rough surface sensors ensure seamless performance even on uneven surfaces. Graphic design software users, CAD and CAM professionals, and video gamers benefit from innovative computing peripherals with advanced sensors and customizable buttons. Overall, the computing mouse market continues to push the boundaries of technology to enhance user experience.
The global technology hardware, storage, and peripherals market encompasses manufacturers of various hardware devices, equipment, and components, including cellular phones, personal computers, servers, electronic computer components, peripherals, data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other related products. According to Technavio's market analysis, the market size is determined by the revenue generated from sales of these products. Factors driving the growth of this market include the expanding demand for data centers, fueled by the increased need for work-from-home technologies due to COVID-19. This new business environment is expected to boost cloud services and digitization, necessitating companies to upgrade their digital infrastructure to adapt to the evolving work landscape during the crisis.
The Computing Mouse Market is experiencing significant growth, fueled by the rising demand for wireless mouses. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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