Computer Peripherals Market: Current Analysis and Forecast (2022-2028)

Report Description

The global Computer Peripherals Market is expected to grow at a significant rate of around 10% during the forecast period. A device that is linked to a computer system to add functionality is known as a computer peripheral. Peripheral devices come in numerous forms, including mouse, keyboards, monitors, printers, hard drives, flash drives, and many others. Input devices, output devices, and storage devices are the additional three categories that these gadgets fall under. Most people use the devices for personal and professional use.

The growing use of computer peripherals is attributed to the growing use of computers across the globe. Also, rising digitalization in education institutions is notably driving the market in the assessment period. Various schools are adopting virtual education methods and offering online courses that are anticipated to positively impact the market.

Hewlett-Packard, Samsung Electronics, IBM Corporation, Apple Inc, Dell Inc, Microsoft Corporation, Ricoh Company, Toshiba Corporation, Canon Inc, and Logitech International S.A. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst devices, storage devices category to witness higher CAGR during the forecast period”

Based on devices, the market is segmented into input devices, output devices, and storage devices. Storage devices are expected to grow with a larger share of the computer peripheral market. The growing adoption of storage devices is attributed to the growing size of organizational data. Furthermore, the growing technological advancements in computer storage are also expected to drive the market.

“Amongst end-user, the commercial segment is expected to hold a significant share in the market in 2020”

Based on end-user, the market is bifurcated into residential and commercial. During the forecast period, the commercial segment is expected to grow with a significant CAGR, owing to the growing computer use in organizations around the world. Moreover, the growing innovation and development of computer peripherals and the growing adoption of IT services in the organizations day to day operations are expected to drive the market.

“North America to hold a significant share in the market”

In 2020, North America is expected to grow with a significant CAGR during the forecast period. The presence of key market players such as Microsoft Corporation, Dell, and HP Corporation is expected to drive the market in the region. Moreover, the market will be considerably impacted by the expanding commercial operations in the region. Additionally, the ongoing technological development is anticipated to support the expansion of the region’s computer peripherals market.

 Reasons to buy this report:

• The study includes market sizing and forecasting Analytics validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers in-depth Analytics of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level Analytics of the industry.

Customization Options:

The global computer peripherals market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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Research Methodology

Research Methodology for the Computer Peripherals Market Analytics (2022-2028)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global computer peripherals market were the three major steps undertaken to create and analyze the adoption of network devices in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Computer Peripherals Market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analytics of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the computer peripherals market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the computer peripherals market, we conducted detailed secondary Analytics to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as co. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analytics:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor Analytics to estimate the current market size of the computer peripherals market. Further, we conducted factor Analytics using dependent and independent variables such as devices, connectivity, and end-user. A thorough Analytics was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the computer peripherals market sector across the globe. 

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Computer Peripherals Market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the computer peripherals market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global computer peripherals market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical Analytics was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global computer peripherals market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of services, types, and applications in the global Computer Peripherals Market.

The main objective of the Global Computer Peripherals Market Study

The current & future market trends of the global computer peripherals market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative Analytics performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the computer peripherals market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of the devices, connectivity, and end-user.
• Define and Analytics of the regulatory framework for the network traffic analysis
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the computer peripherals market for the major region.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
• Company profiles of the computer peripherals market and the growth strategies adopted by the market players to sustain in the fast-growing market
• Deep dive regional level Analytics of the industry

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