Gaming Peripheral Market size to grow by USD 5,610.35 million from 2022 to 2027

Gaming Peripheral Market size to grow by USD 5,610.35 million from 2022 to 2027; Growth driven by the rising popularity of e-sports - Technavio

NEW YORK, May 16, 2023 /PRNewswire/ -- The gaming peripheral market is set to grow by USD 5,610.35 million from 2022 to 2027 progressing at a CAGR of 9.41% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising popularity of e-sports. The global market growth is being notably driven by the increasing popularity of e-sports, which aims to make video game entertainment a worldwide phenomenon by enabling players to compete against the best in the world.

Gaming Peripheral Market 2023-2027: Market Segmentation

The gaming peripheral market is segmented by type (controllers, headsets, keyboards, gaming mice, and others), technology (wired and wireless), and geography (North America, APAC, Europe, South America, and the Middle East and Africa). This study identifies the rising popularity of multiplayer video games, the increasing emergence of haptics gaming peripherals, and the growing advances in gaming mice as one of the prime reasons driving the gaming peripheral market growth during the next few years.

The PC gaming peripheral market share growth of the controller's segment will be significant during the forecast period. The latest controllers provide users with the ability to move in any direction as specified by the user than being bound to the right, left, up, and down directions offered by the directional pad. These factors will facilitate segment growth during the forecast period.

APAC is estimated to contribute 35% to the growth of the global market during the forecast period. The US is the innovator of e-sports leagues and is home to several other professional gaming companies.

Companies MentionedCorsair Gaming Inc.COUGARCreative Technology Ltd.DuckyChannel International Co. Ltd.GoodBetterBest Ltd.Kingston Technology Co. Inc.Mad Catz Global Ltd.Microsoft Corp.Plantronics Inc.Razer Inc.Sentey Inc.Shure Inc.Skullcandy Inc.Sony Group Corp.SteelSeries ApSThermaltake Technology Co. Ltd.Turtle Beach Corp.Logitech International SASennheiser Electronic GmbH and Co. KGSharkoon Technologies GmbHcorsair.com- The company offers gaming peripherals such as monitors, gaming laptops, CPU coolers, storage.

cougargaming.com- The company offers gaming peripherals such as headsets, mice, keyboards, mousepads.

creative.com- The company offers gaming peripherals such as headphones, speakers, sound blasters.