Market Insights- PC Gaming Peripheral Market

Market Overview

PC gaming peripheral are external hardware devices such as keyboard, mice, headsets, joysticks, and controllers that are used to play games in the systems. The increasing usage of PC’s and rise in internet penetration are the major factors that are expected to drive growth of the market. There are different type of PC gamers such as casual gamers, hard core gamers, and enthusiast gamers. Casual gamers spend less time on PC, while hard core gamers spend longer time on PC and are aware of the latest technologies used in gaming peripheral devices. Enthusiast gamers are only interested in playing games and do not spend more time on PC games. Therefore, increasing gaming aficionados is one of the factors that is expected to drive demand for PC gaming peripherals.

The global PC gaming peripheral market is expected to exhibit a CAGR of 7.5% during the forecast period (2019-2027).

Market Dynamics- Drivers

Increasing hard core or casual gamers and growing popularity of e-sports are expected to drive growth of the PC gaming peripheral market during the forecast period 

The increasing hard core or casual gamers and growing popularity of e-sports are expected to drive growth of the PC gaming peripheral market during the forecast period. Hard core gamers are those, who spend more time in playing video games and use advanced technologies gaming peripherals. Introduction of e-sports and virtual gaming has driven demand for gaming keyboards and gamepads that improves the gaming experience of the users. Thus, increasing demand of games from consumers has created the need for gaming consoles, peripheral devices, and others. Additionally, the affordability of these peripheral devices and rise in youth populations are the major factors that are expected to boost the market growth.

The increasing awareness about e-sports and ease of availability of the internet has increased growth of e-sport viewership significantly in the recent past. E-sports industry is the fastest growing industries that have become popular and offers lucrative growth opportunities to market players of peripheral devices such as keyboard and mouse. For instance, in 2017, according to Coherent Market Insights there were around 193.6 million casual gamers and 145.3 million enthusiasts gamers, which creates total audience of 338.9 million. Moreover, according to Coherent Market Insights, the PC gaming peripherals market is to expected to reach  US$ 4.13 billion by 2024.

Among regions, North America region held a dominant position in the PC gaming peripherals market in 2019, accounting for 29% share in terms of value, followed by Asia Pacific and Europe, respectively.

PC Gaming Peripheral  | Coherent Market Insights

Source: Coherent Market Insights

Market Restraints

  1. High cost of gaming peripherals are expected to hamper growth of the PC gaming peripherals market over the forecast period

High cost of PC gaming peripheral devices such as mouse, keyboard, and joysticks are expected to hinder growth of PC gaming peripheral market. The absence of advanced technologies gaming peripherals such as DPI mouse and anti-ghost switches allowed gamers to spend more money on peripheral devices. This, in turn, is expected to hinder demand for pc gaming peripherals and thereby expected to restrain the market growth over the forecast period.

Market Opportunities

  1. Growing demand for augmented reality and virtual reality is expected to create lucrative growth opportunities for market players

The demand for augmented and virtual reality is increasing rapidly, owing to the increasing adoption of smartphones in the market. Ease of accessibility on smartphones and tablets are fueling demand for augmented reality gaming devices. Advancements in the gaming technologies and are aiding in the expansion of augmented reality gaming peripherals in the market. The development of new headphones with advanced gaming technologies attracting gamers to purchase these headphones. The development of virtual augmented reality and virtual reality are expected to drive growth of the PC gaming peripherals market. The demand for virtual reality games are increasing globally due to development of new controllers and accessories by the makers of gaming peripherals. For instance, according to coherent market insights, global VR video gaming sales revenue are expected to reach at US$ 23.2 billion by 2020, followed by PC and console segments.

PC Gaming Peripheral  | Coherent Market Insights

Source: Coherent Market Insights

Competitive Section

Key companies operating in the PC gaming peripheral market include Alienware, Logitech Internation SA, Razer Inc., Mad Catz Global Limited, Corsair Components, Inc., Cooler Master Co., Ltd., Sennheiser electronic GmbH & Co. KG, HyperX, SteelSeries, Anker, Roccat, Reddragon, Thrustmaster, and Turtle Beach Corporation.

Key Developments

  1. Key companies are focused on expanding product portfolio by product launch/development strategies, in order to gain competitive edge in the market. For instance, in March 2018, Logitech International launched PC gaming speaker Logitech G560 PC with advanced technology  ‘Logitech G LIGHTSY’ that provides light and sounds to PC gaming. Logitech International expand its high-performance for the requirements of gamers, and provides new innovation in RGB to new immersive levels.
  2. Key manufacturers are focused on product launches, in order to enhance their product portfolio. For instance, in April 2018, Razer launched Razar game store for gamers to purchase games such as Car Fry 5, Ni No Kuni, and others. Razer uses hardware and peripherals such as excellent blade laptops and cameras to encourage people to invest in Razer game store.

The external hardware devices such as keyboard, mice, headsets, joysticks, and controllers are used to play games in the PC. There are different types of gamers such as enthusiast gamers, who are interested in playing games but do not spend more time like hard core gamers. Hard core gamers spend most of their time in playing games and use latest gaming peripherals and also pay thousands of dollars for the purchasing of these latest gaming peripherals. Casual gamers are those who spend less in playing games in PC. Gaming peripheral industry is growing due to innovation in technologies such as Internet of things (IoT) and Artificial Intelligence (AI). Thus increasing number of gamers in the market are expected to boost demand for PC gaming peripherals.

Market Dynamics

The rising disposable income, technological advancements in PC gaming peripheral devices, and increasing number of gamers are the major factors that are expected to drive growth of the PC gaming peripheral market. Rise of disposable income in emerging economies such as China and India are expected to boost growth of the PC gaming peripheral market. The growth of PC gaming peripheral market in China is increasing, owing to the low-cost gaming peripherals in China. Increasing disposable income enhances purchasing power of the gamers and spend more time in playing these video games. For instance, in China, according to National Bureau of Statistics (NBS), per capita rural and urban disposable income reached US$ 5,658.45 from US$ 2,107.2 in 2018.

Increasing number of hard core or casual gamers and growing popularity of e-sports are expected to drive growth of the PC gaming peripheral market during the forecast period. Hard core gamers are those, who spend more time in playing video games and use advanced technologies gaming peripherals. Increasing awareness about e-sport and ease of availability of the internet is expected to create tremendous growth of e-sport viewership in the coming years.

Market Taxonomy

This report segments the PC gaming peripheral market on the basis of type, device, technology, channel, and region. On the basis of product type, the PC gaming peripheral market is segmented into headsets, keyboards, joysticks, mice and gamepads. On the basis of device type, the PC gaming peripheral market is segmented into PC and gaming consoles. On the basis of technology, the PC gaming peripheral market is segmented into wired and wireless. On the basis of region, the PC gaming peripheral market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the PC gaming peripheral market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the PC gaming peripheral market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the PC gaming peripheral market include Alienware, Logitech Internation SA, Razer Inc., Mad Catz Global Limited, Turtle Beach Corporation, Corsair Components, Inc., Cooler Master Co., Ltd., Sennheiser electronic GmbH & Co. KG, HyperX, SteelSeries, Anker, Roccat, Reddragon, and Thrustmaster  among others. These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The PC gaming peripheral market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the PC gaming peripheral market.

Detailed Segmentation:

  • PC Gaming Peripheral Market, By Product Type:
    • Headsets
    • Keyboards
    • Joysticks
    • Mice
    • Gamepads
    • Others
  • PC Gaming Peripheral Market, By Technology:
    • Wired
    • Wireless
  • PC Gaming Peripheral Market, By Channel:
    • Online
    • Offline
  • PC Gaming Peripheral Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Company Profiles
    • Alienware *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Logitech Internation SA
    • Razer Inc.
    • Mad Catz Global Limited
    • Turtle Beach Corporation
    • Corsair Components, Inc.
    • Cooler Master Co., Ltd.
    • Sennheiser electronic GmbH & Co. KG
    • HyperX
    • SteelSeries
    • Anker
    • Roccat
    • Reddragon
    • Thrustmaster

*Browse all the market data tables and figures on “PC Gaming Peripheral Market - Forecast to 2027”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Technology
      • Market Snippet, By Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global PC Gaming Peripheral Market, By Product Type, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Headsets
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Keyboards
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Joysticks
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Mice
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Gamepads
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  5. Global PC Gaming Peripheral Market, By Technology, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Wired
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Wireless
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  6. Global PC Gaming Peripheral Market, Channel, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Online
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Offline
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  7. Global PC Gaming Peripheral Market, By Region, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Channel, 2019–2027 (US$ Million )
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Channel, 2019–2027 (US$ Million )
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Industry Vertical, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Channel, 2019–2027 (US$ Million )
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Industry Vertical, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Channel, 2019–2027 (US$ Million )
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Channel, 2019–2027 (US$ Million )
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Israel
        • GCC Countries
        • Rest of the Middle East
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Channel, 2019–2027 (US$ Million )
      • Market Share Analysis, By Country/Region, 2019 and 2027 (%)
        • South Africa
        • Central Africa
        • North Africa
  8. Competitive Landscape
    • Company Profiles
      • Alienware
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Logitech Internation SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Razer Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Mad Catz Global Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Turtle Beach Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Corsair Components, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cooler Master Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Sennheiser electronic GmbH & Co. KG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • HyperX
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SteelSeries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Anker
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Roccat
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Reddragon
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Thrustmaster
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on “PC Gaming Peripheral Market -forecast to 2027”.