Global mechanical keyboard and switch market reached USD 602.1 Million in 2015

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Global mechanical keyboard and switch market reached USD 602.1 Million in 2015

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Global mechanical keyboard and switch market is segmented into wired and wireless keyboards on the basis of technology type. Among these segments, wireless keyboard is believed to gain traction in near future on account of rising inclination of gamers towards sophisticated gadgets.

The global mechanical keyboard and switch market reached USD 602.1 Million in 2015. Further, the market is believed to register a CAGR of 16.8 % during the forecast period i.e. 2016-2023 globally. Increasing adoption of mechanical keyboard due to factors such as durability and fast response are likely to foster the demand for mechanical keyboard and switches in near future.

North-America had accounted the largest revenue share of 38% in 2015 of overall mechanical keyboard and switch market and it is expected to remain its dominance over the forecast period on account of increasing gaming population across the region and introduction of advanced and low cost mechanical keyboards.

Asia-Pacific region is anticipated to be the fastest growing market across the globe followed by Europe region over the forecast period i.e. 2016-2023. Rapid growth in urbanization and increasing sales of PC’s are some of the factors likely to augment the growth in near future.

Growth in Gaming Industry: Mounting

The market of mechanical keyboard and switches is principally driven by the factors such as rapid growth in gaming industry, introduction of high-graphics and multi-control games, user-friendly interfaces, and rising preference of simulation and action games among the youth.

Technological Improvements: Major dynamic

Technological advancements in mechanical keyboards and switches enhance the durability and quality of mechanical keyboards. Factors such as fast response of switches, advanced array of keys with separate switches, availability of wired and wireless keyboards, introduction of low cost mechanical keyboards and switches are fostering the growth of mechanical keyboard and switches market across the globe over the forecast period i.e. 2016-2023.

However, availability poor quality keyboards at low cost and availability of advanced substitutes such as joysticks and multi functioning mouse are some of the factors which are expected to restraint the growth of mechanical keyboard and switch market in near future.

The report titled Global Mechanical Keyboard and Switch Market Outlook 2023” delivers detailed overview of the Global Mechanical Keyboard and Switch Market in terms of market segmentation by Product Type, by Technology Type, by Application Type, and by End-user.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the service providers of the Global Mechanical Keyboard and Switch Market which includes company profiling of Logitech International S.A., Razer Inc., Corsair Components Inc., Roccat Studios Inc., Rapoo Corporation, OMRON Corporation, and Rantek Electronics Co. Ltd, etc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview on the Global Mechanical Keyboard and Switch Market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stake holders to align their market centric strategies according to the ongoing and expected trends in the future.

To know more about this research, kindly visit http://www.researchnester.com/reports/mechanical-keyboard-switch-market-global-demand-analysis-opportunity-outlook-2023/190

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