Global Gaming Peripheral Market
According to Goldstein Research, “Rapid advancement in gaming contents and gaming devices has significantly augmented the demand for advanced gaming peripherals among gamers across the globe.” Hardcore gamers are generally interested in playing games with advanced gaming peripherals and pay a significant amount of money for the latest peripherals. Thus boost the market for PC/console gaming and gaming peripherals.
Browse Full Report: Gaming Peripheral Market
The global gaming peripheral market is segmented based on gaming device type and by product type. The product type is further bifurcated into gamepads, gaming keyboards, gaming mice, gaming headsets, joysticks and Virtual Reality Devices. In 2016, gaming headsets and mice, in particular, have been the driving force behind the overall value growth. Gaming mice had a strong growth over 2015-2016, although year-on-year sales volume grew by only 3.1%, the growth in gaming mice category has been driven by 7.8% uplift in overall sales.
The global gaming peripheral market is expected to grow at a CAGR of 7.0% during the period 2016-2024. Further, the global gaming peripheral market is predicted to reach USD 3.8 billion by the end of forecast period.
The Asia Pacific is the largest region for gaming peripheral market in 2016 and is expected to dominate the market during the forecast period of 2016-2024.
APAC gaming peripheral market valued USD 0.600 billion in 2016 and is estimated to expand at a CAGR of 7.5% during the forecast period. China is expected to dominate the gaming peripheral market followed by Japan owing to largest gaming market in the region. Rising disposable income, technology innovation and growing number of gamers are some of the major driving force for games and gaming peripheral market in Asia Pacific region.
Technological Advancements in Gaming Peripherals: Major Breakthrough
One of the latest trends that are driving the growth of gaming peripheral market is increasing emergence of haptics gaming peripherals. Haptic uses the physical sensation to control the interaction in the gaming environment and computer applications to enhance the gaming experience. Haptic based gaming peripherals go hand in hand where gaming peripheral manufacturers develop next-generation experiences on the peripherals. Major market players, such as CyberNet, Immersion, Logitech and Microsoft among others supply the force feedback technology in the advanced gaming peripherals.
Global Gaming peripheral Market Outlook 2024
Gaming peripheral market report contains a detailed overview of the global gaming peripheral market in terms of market segmentation by gaming device type and by product type.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global Gaming peripheral Market Report also provides a competitive outlook of some of the major players which includes profiling of companies such as Alienware, Logitech, Razer, Mad Catz, Turtle Beach, Corsair, Cooler Master, Sennheiser, HyperX, SteelSeries, Anker, Roccat, Reddragon etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global gaming peripheral market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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