Gaming Peripheral Market

Gaming Peripheral Market Highlights

The global Gaming Peripheral market is expected to cross a market size of USD 12.32 Billion by the end of 2033. The market size was valued at USD 5.82 Billion in 2023 and is expected to expand at a CAGR of 10.8% between 2024-2033.

• Over the mid-term, the growth in gaming industry is the primary factor anticipated to drive the global Gaming Peripheral market.
• Higher price due to advanced features is a major factor to challenge the market growth.
• The North America Gaming Peripheral market is projected to dominate the global market.

Gaming Peripheral Market Outlook

Gaming peripherals are those peripherals or accessories used for gaming. It is an external device that is specifically designed to play video games on phones, computers, or consoles. These devices include gaming keyboards, mouse, headsets, gamepads, electric dusters and many more. They give a better experience to gamers and help them to remain competitive. Gaming peripheral is trending in the gadget industries.

The thriving gaming industry is a major driver for the gaming peripheral market. As the popularity of video games continues to grow, there is a corresponding increase in demand for high-quality peripherals such as gaming mouse, keyboards, controllers, and headsets. The constant innovation and advancements in gaming technology gears the need for specialized peripherals, enhancing the gaming experience and driving market. Corsair Gaming Inc., COUGAR, Creative Technology Ltd., are some of the significant parties in the global market for Gaming Peripheral market.

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Gaming Peripheral Market Drivers – Analyst’s Observation

According to the analysts at KD Market Insights, some key growth drivers for the global Gaming Peripheral market are:

• E-sports and Competitive Gaming: The rise of e-sports and competitive gaming has significantly contributed to the demand for gaming peripherals. Professional gamers and enthusiasts seek precision, speed, and customization in their peripherals to gain a competitive edge. This trend has led to a surge in demand for high-performance gaming peripherals designed to meet the specific requirements of e-sports players, driving innovation and expansion in the market.
• Improvements in technology: As the gaming industry is flourishing more in the recent times innovations such as RGB lighting, haptic feedback, and wireless technology enhance the gaming experience. These experiences are known to be highly attractive to the gamers worldwide, which is contributing to the demand for gaming peripherals, and in turn, driving the market growth forward.

Which Probable Factors Could Hamper the Growing Gaming Peripheral Market Trend?

As per our KD Market Insights analysis, some of the challenges expected to limit the global market growth of Gaming Peripheral are:

• Higher price due to advanced features: Gaming peripherals often come with a premium price tag due to their advanced features and specialized designs. This pricing can be a significant barrier for some consumers, especially in price-sensitive markets or among casual gamers. The relatively high cost of gaming peripherals compared to standard alternatives can limit market penetration and growth potential.
• Challenges with integration with gaming peripherals: Numerous challenges have been witnessed recently with the compatibility and integration of various gaming platforms, consoles, and devices with the gaming peripherals. This, as a result, raises the need for constant updates or drivers, thereby impacting the market growth negatively.

How is the Global Gaming Peripheral Market Segmented?

Our experts at KD Market Insights have segmented the global Gaming Peripheral market research report as:

What are the Probable Factors Influencing the North America Gaming Peripheral Market Forecast?

The North America Gaming Peripheral market is majorly driven by the high penetration of advanced gaming consoles and PCs. The region has a substantial base of dedicated gamers who demand high-performance peripherals such as keyboards, mice, headsets, and controllers. Additionally, the presence of major tech companies and a robust eSports ecosystem further stimulates market growth, as these factors drive innovation and increase the adoption of cutting-edge gaming accessories.

As per our analysts at KD Market Insights, the following five players lead the North America Gaming Peripheral market growth:

• Razer Inc.
• Corsair Gaming, Inc.
• SteelSeries
• Turtle Beach Corporation
• Logitech G

Which Key Players Top the Global Gaming Peripheral Market Share?

As per our analysts at KD Market Insights, the competitive landscape of global Gaming Peripheral market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with Gaming Peripheral market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global Gaming Peripheral market share:

• Corsair Gaming Inc.
• COUGAR
• Creative Technology Ltd.
• DuckyChannel International Co. Ltd.
• GoodBetterBest Ltd.
• Kingston Technology Co. Inc.
• Mad Catz Global Ltd.
• Microsoft Corp.
• Plantronics Inc.
• Razer Inc.
• Sentey Inc.
• Shure Inc.
• Skullcandy Inc.
• Sony Group Corp.
• SteelSeries ApS
• Thermaltake Technology Co. Ltd.
• Turtle Beach Corp.
• Logitech International SA
• Sennheiser Electronic GmbH and Co. KG
• Sharkoon Technologies GmbH

What are the Recent Developments Observed in the Gaming Peripheral Market?

Over the years, the experts at KD Market Insights have been observing the recent developments associated with global Gaming Peripheral market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.

For instance, Corsair stated that it has reported a significant improvement in its financial performance for 2023, with an annual revenue of $1.46 billion.

Further, Razer stated that it has launched several new gaming peripherals designed to enhance the gaming experience, including updated versions of their popular gaming mice and keyboards with advanced features.

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Gaming Peripheral Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Product
      2. By Device
      3. By Type
      4. By Distribution Channel
      5. By Region
5. Market Segmentation by Product
   1. Headsets
   2. Keyboard
   3. Controller
   4. Mice
   5. Others
6. Market Segmentation by Device
   1. PC
   2. Gaming Consoles
7. Market Segmentation by type
   1. Wired
   2. Wireless
8. Market Segmentation by Distribution Channel
   1. Online
   2. Offline
9. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product, Device, Type and Distribution channel
10. Competitive Landscape
    1. Market Share Analysis
    2. Company Profiles
       1. Corsair Gaming Inc.
       2. COUGAR
       3. Creative Technology Ltd.
       4. DuckyChannel International Co. Ltd.
       5. GoodBetterBest Ltd.
       6. Kingston Technology Co. Inc.
       7. Mad Catz Global Ltd.
       8. Microsoft Corp.
       9. Plantronics Inc.
       10. Razer Inc.
       11. Sentey Inc.
       12. Shure Inc.
       13. Skullcandy Inc.
       14. Sony Group Corp.
       15. SteelSeries ApS
       16. Thermaltake Technology Co. Ltd.
       17. Turtle Beach Corp.
       18. Logitech International SA
       19. Sennheiser Electronic GmbH and Co. KG
       20. Sharkoon Technologies GmbH
11. Strategic Recommendations
12. Appendix
    1. List of Tables
    2. List of Figures
13. References