The Global Computer Peripherals Market is expected to foresee significant growth. North America to lead the growth!
- Vikas Kumar
- December 2, 2022
- NEWS, TELECOM & IT
- Apple Inc, Asia Pacific Computer Peripherals Market, Canon Inc, Computer Peripherals Market, Computer Peripherals Market Analysis, Computer Peripherals Market forecast, Computer Peripherals Market Growth, Computer Peripherals Market Share, Computer Peripherals Market Size, Computer Peripherals Market trend, Dell Inc, Europe Computer Peripherals Market, Hewlett-Packard, IBM Corporation, Logitech International S.A., Microsoft Corporation, North America Computer Peripherals Market, Ricoh Company, Samsung Electronics, Toshiba Corporation
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The Computer Peripherals Market is expected to grow at a steady rate of around 10% during the forecast period (2022-2028). Computer peripherals are computing devices or equipment that are a part of the computer but don’t perform any core computing process. There are different types of peripheral devices such as a mouse, keyboards, monitors, printers, hard drives or flash drives, and many more. These devices are further categorized into three: input devices, output devices, and storage devices.
The computer peripherals market is growing on account of increasing disposable income coupled with the constant reduction in the prices of computer peripherals. Furthermore, the rising digitization in educational institutes is significantly driving the market. Also, increasing strategic partnerships and acquisitions are anticipated to provide a significant boost to the market in the forecast period. For instance, in March 2020, BluPeak, a PC and hardware player, inked a partnership agreement with Dicker Data.
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Based on devices, the market is segmented into input devices, output devices, and storage devices. During the forecast period, the storage devices are expected to grow with a significant CAGR during the forecast period, owing to the increasing need for storing large amounts of data and the constantly increasing size of desktop applications. Furthermore, storage devices help organizations to keep important information about the organization in a comparatively more organized way.
Based on connectivity, the market is bifurcated into wired and wireless. The wired segment is expected to grow with a significant CAGR during the forecast period. Wired peripherals are the most commonly used computer peripherals simply due to their inexpensive nature. Moreover, they are very easy to use and do not require any extra software to run. Furthermore, wired devices have very low latency rates and are used widely by many organizations across the globe.
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For a better understanding of the market adoption of the Computer Peripherals industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The North American region is expected to achieve a larger share of the computer peripheral market. This is mainly due to the rising investment in gaming gear in the country like Canada and the United States. For instance, according to variety, the number of games hit 227 million in the USA. Furthermore, the growing commercial activities in the region are also expected to significantly influence the market. Moreover, the presence of key players in the region and constantly increasing technological advancement in the peripherals industry are expected to contribute to the growth of the computer peripherals market in the region.
Hewlett-Packard, Samsung Electronics, IBM Corporation, Apple Inc, Dell Inc, Microsoft Corporation, Ricoh Company, Toshiba Corporation, Canon Inc, and Logitech International S.A.
Global Computer Peripherals Market Segmentation
Market Insight, by Devices
• Input devices
• Output devices
• Storage devices
Market Insight, by Connectivity
- Wired
- Wireless
Market Insight, by End-User
- Commercial
- Residential
Market Insight, by Region
- North America
- The United States
- Canada
- Rest of North America
- Europe
- Germany
- The United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
- Hewlett-Packard
- Samsung Electronics
- IBM Corporation
- Apple Inc
- Dell Inc
- Microsoft Corporation
- Ricoh Company
- Toshiba Corporation
- Canon Inc
- Logitech International S.A.
