Global PC Accessories Market Highlights 2020-2029
The global PC accessories market is anticipated to garner a considerable CAGR over the forecast period, i.e., 2021-2029, on the back of increasing adoption of computers in various organizations for managing their day-to-day proceedings. Growing acceptance of process automation in numerous end-user industries is expected to be one of the major factors driving the market growth during the forecast period. the increasing manufacturing and sale of desktops and laptops across the globe, is projected to promote the market growth. More than 70 million desktops and over 200 million laptops were sold in 2020, globally. Moreover, increasing usage of personal computers by individuals as a mode of recreation, such as, gaming, is another major reason estimated to drive the market growth. Furthermore, the rising dependence on digitalization, backed by the changing lifestyle and technological advancement, is projected to significantly boost the market growth.
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The global PC accessories market is bifurcated by product type into non-electronic, and electronic, out of which, the electronic segment is anticipated to hold the largest share during the forecast period. This growth can be attributed to the increasing need for electronic accessories such as printer, web camera, and microphones, amongst various business organizations. Based on the distribution channel, the market is segmented into online and offline, out of which, the online sector is foreseen to hold a major market share over the forecast period on the back of rapid penetration of internet, along with the ease of purchase and return of products through the online channel.
Global PC Accessories Market Regional Synopsis
On the basis of regional analysis, the global PC accessories market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
The market in the North America is anticipated to hold the largest market share throughout the forecast period owing to the presence of major computer and computer accessories manufacturers in the region. In 2020, the computer manufacturing industry valued over USD 8 billion, in the United States. Moreover, growing IT sector, backed by rapidly evolving technology is further estimated to boost the regional market growth.
The market in the Asia Pacific is projected to witness highest CAGR during the forecast period on the back of increasing adoption of technology, expanding personal disposable income, and growing economic status of the middle-class consumer. Moreover, growing trend of online gaming is estimated to boost the market growth in the region.
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The global PC accessories market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & 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 & Opportunity Analysis.
Market Segmentation
Our in-depth analysis of the global PC accessories market includes the following segments:
By Product Type
- Non-Electronic
- Mouse Pads
- Printer Stands
- Cleaning Kits
- Others
- Electronic
- Gaming controllers
- Web cameras
- Uninterruptible Power Supply (UPS)
- Universal Serial Bus (USB)
- Others
By End-User
- Business Sector
- Consumer Sector
By Distribution Channel
- Online
- Offline
Growth Drivers
- Expansion of Online Gaming Activities to Drive the Growth of the Market
- Increased Penetration of Process Automation among the Industries in the Developing Economies to Boost the Market Growth
Challenges
- Rising Product Dumping in The International Market at a Relatively Low Price to Hamper the Market Growth
Top Featured Companies Dominating the Market
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HP Inc.
- Canon Inc.
- Seagate Technology LLC
- Logitech, Inc.
- Toshiba International Corporation
- Western Digital Technologies, Inc.
- Seiko Epson Corporation
- Lexmark International, Inc.
- Microsoft Corporation
- Dell Technologies, Inc.
