The global computer accessories market size is poised to grow by USD 2.86 billion during 2020-2024, progressing at a CAGR of almost 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
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Technavio has announced its latest market research report titled Global Computer Accessories Market 2020-2024 (Graphic: Business Wire)
The global gaming market has changed drastically with the launch of e-sports leagues. E-sports, on a large scale, are considered to be one of the most popular sports entertainment events in the world. The global e-sports market is expected to grow by USD 1.15 billion during 2019-2023. More and more gamers are taking e-sports as a career option and, thus, buying gaming accessories has become mandatory for these games. The increasing number of esports gamers will boost the market for PC gaming accessories, thereby driving the growth of the market.
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Report Highlights:
- The major computer accessories market growth came from the business sector in 2019.
- APAC was the largest computer accessories market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period.
- The global computer accessories market is concentrated. AZIO Corp., HP Inc., Logitech International SA, Microsoft Corp., Razer Inc., Seagate Technology Plc, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Western Digital Corp. are some of the major market participants. To help clients improve their market position, this computer accessories market forecast report provides a detailed analysis of the market leaders.
- As the business impact of COVID-19 spreads, the global computer accessories market 2020-2024 is expected to have neutral growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.
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Increased Preference for Assembling will be a Key Market Trend
The trend of assembling the PC instead of buying the whole product, including the accessories from the same vendor, is on the rise. The majority of business-segment users and non-business segment users prefer to integrate the accessories from third party providers. The availability of PC accessories sold by third-party providers allows individual customers and enterprises to select designs and products from different vendors at budget prices. Thus, the increased preference for assembling is expected to be one of the key computer accessories market trends during the forecast period.
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Computer Accessories Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist computer accessories market growth during the next five years
- Estimation of the computer accessories market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the computer accessories market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of computer accessories market vendors
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Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- External HDDs – Market size and forecast 2019-2024
- Gaming accessories – Market size and forecast 2019-2024
- Portable speakers – Market size and forecast 2019-2024
- Pointing devices – Market size and forecast 2019-2024
- Keyboards – Market size and forecast 2019-2024
- Headsets – Market size and forecast 2019-2024
- Webcams – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Business sector – Market size and forecast 2019-2024
- Consumer sector – Market size and forecast 2019-2024
- Market opportunity by End user
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AZIO Corp.
- HP Inc.
- Logitech International SA
- Microsoft Corp.
- Razer Inc.
- Seagate Technology Plc
- Seiko Epson Corp.
- Sony Corp.
- Toshiba Corp.
- Western Digital Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201029005759/en/