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ELECTRONICS & SMART DEVICES

Global PC Accessories Market Analysis & Opportunity Outlook 2021

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Extensive insights into the Growth of PC Accessories Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Personal computer accessories are those which enhance the features of the computer and can be connected externally or internally to the machine. For instance loud speakers, mouse, printers, modems, web cameras, microphones and uninterruptible power supply (UPS) systems, key boards, bags and others. The global market of PC accessories is anticipated to grow at a CAGR of 7.60% over the forecasted period. At present, North America is the biggest market for pc accessories and would continue its dominance by accounting 53% share of the global market by 2020.

Market Segmentation

The global market of PC accessories is segmented into these categories:

By non-electronic accessories

  • Mouse Pads
  • Printer Stands
  • Cleaning Kits: Swabs, cloths and vacuum
  • Storage Media
  • Monitor Support

By electronic accessories

  • Key board
  • Suppressors
  • Mouse
  • Gaming controllers: Joystick
  • Web cameras
  • Uninterruptible power supply (UPS)
  • Universal Serial Bus (USB)

By Geographically

On the basis of region the global PC accessories market is segmented into:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis CLICK TO DOWNLOAD FREE SAMPLE REPORT

Growth Drivers and Challenges

The popularity gained by gaming in almost all the age brackets has helped the gaming sector to boom in recent seven years. A total expansion in gaming sector in almost every corner of the globe can be seen up-surged and is one of the key factor driving the growth of pc accessories market. Increased penetration on internet services even in developing economies has offered many online and offline gaming options to the users. As a result, accessories have become the major tool for the gamers to have a better experience. Another factor that drives the growth of global PC accessories is spiked sale of laptops and tablets during 2010 to 2015.

However, availability of low quality products from China, product dumping in the international market at a relatively low price, fragmented industry etc. are few factors dampening the market for pc accessories.

Key Players

  • HP
  • Canon
  • Seagate
  • Logitech
  • Toshiba
  • Western Digital
  • Seiko Epson
  • Lexmark
  • Microsoft
  • Samsung
  • Apple
  • Dell
  • UNIHA and IBM                                                                                                                            

 


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