Global PC Peripherals Market Overview:
PC Peripherals Market Size was valued at USD 6.5 Billion in 2022. The PC Peripherals market industry is projected to grow from USD 7.2 Billion in 2023 to USD 15.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.30% during the forecast period (2024 - 2032). An increase in the market for external storage devices and the release of more advanced goods are the key market drivers accelerating the expansion of the market. 
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
PC Peripherals Market Trends
Growing numbers of educational institutions going digital are driving the market growth
Market CAGR for PC peripherals is being driven by the growing number of educational institutions going digital. The manufacturing, distributing, and retailing of add-ons for computers, laptops, tablets, and other computing devices is the business known as the global computer peripherals market. In order to improve user experience and increase the capabilities of the primary computing device, computer peripherals are external devices that offer extra functionality, connectivity, and input/output capabilities.
Additionally, in order to achieve educational excellence and streamline the teaching and learning processes, educational institutions worldwide are updating and embracing digitalization. Thanks to digitization, teachers and students now have easier access to resources. For example, students can use their desktop and laptop computers to access educational resources at anytime, anywhere. As a result, the growing need for PCs and laptops in educational institutions would boost the demand for PC peripherals over the projection period. In order to give students the flexibility to learn at their own pace, several schools are introducing online learning methodologies and providing courses online. The growing need for PCs, laptops, and notebooks in educational institutions due to increased digitization will boost the market for PC peripherals.
Significant opportunities are anticipated to arise during the projected period as a result of the rising demand for external devices and an increase in the average person's disposable income. The global need for better USB devices is expected to increase due to the increase in data traffic and the growing need for smaller, more efficient storage devices. This presents players with substantial prospects. Over the course of the projection period, the surge in counterfeit goods is anticipated to pose a serious threat to the market. Numerous producers of consumer electronics encounter difficulties due to the presence of fake goods in brick-and-mortar stores and online.
For instance, the Economic Cooperation and Development Survey from the Organization for Economic Cooperation and Development projects that 1,262,47 million households will be computer users in 2025. A computer household is defined as a residence that has at least one computer. Thus, result in driving the PC Peripherals market revenue.
PC Peripherals Market Segment Insights:
PC Peripherals Product Type Insights
The PC Peripherals Market segmentation, based on Product Type, includes PC Peripheral Input Devices, PC Peripheral Output Devices and PC Peripheral Storage Devices. In 2023, the PC peripheral storage devices segment dominated the market. The segment's expansion can be attributed to the rising need for effective USB devices. Better USB devices will probably become more in demand worldwide as data traffic increases and the need for small, effective storage devices grows.
Figure 1: PC Peripherals Market, by Product Type, 2023 & 2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
PC Peripherals Device Type Insights
The PC Peripherals Market segmentation, based on Device Type, includes PC and Gaming Consoles. In 2023, the PC category generated the most income. The PCs may be equipped with dedicated graphics cards, powerful CPUs, and lots of RAM. When compared to other gaming platforms, the significant degree of customization that PCs provide improves gaming performance. With a large number of online gamers, as well as forums and servers specifically for multiplayer gaming, PC platforms can be used for social engagement, competitive play, and cooperative play.
PC Peripherals Connectivity Insights
The PC Peripherals Market segmentation, based on Connectivity, includes Wired PC Peripherals and Wireless PC Peripherals. In 2023, the wireless PC peripherals segment dominated the market. Because wireless and smart peripherals offer benefits, including interoperability and usability, it is anticipated that the need for wireless devices would rise. The increased popularity of computers and video games has created a small but expanding market for wireless peripherals.
PC Peripherals Distribution Channel Insights
The PC Peripherals Market segmentation, based on distribution channel, includes Offline and Online. In 2023, the online category generated the most income. Online distribution channels are primarily being driven by the notable increase in e-commerce platforms and the growing popularity of online purchasing. Numerous devices, like mice, keyboards, headphones, and more, are available from online merchants. Gamers can choose peripherals based on their needs and interests by exploring a range of brands, features, and models.
PC Peripherals End-use Insights
The PC Peripherals Market segmentation, based on End-use, includes Residential Use and Commercial Use. In 2023, the commercial use segment dominated the market. The rapid rise of the IT sector, which raises demand for computer peripherals significantly, can be attributed to the segment's expansion. It is anticipated that developed nations like the US and Canada will be important in promoting market expansion.
PC Peripherals Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American PC Peripherals market area will dominate this market. The demand for top-notch gaming accessories has surged as more and more people in the area turn to gaming for enjoyment. This has raised the number of companies producing gaming peripherals in the area and heightened competition among them, both of which are expected to propel market expansion throughout the forecast period.
Further, the major countries studied in the market report are the US, Germany, France, the UK, Canada, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: PC Peripherals Market SHARE BY REGION 2023 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe PC Peripherals market has the second-largest portion of the market. Numerous factors, including the growing popularity of gaming in the area, can be attributed to this growth. Further, the German PC Peripherals market had the biggest market share, and the UK PC Peripherals market was the European market with the quickest rate of growth.
The Asia-Pacific PC Peripherals Market is anticipated to expand between 2024 and 2032 at the quickest CAGR. High-performance peripherals are necessary for professional gamers to maintain a competitive advantage, and the growing popularity of esports competitions and gaming cafes is driving this rise. Moreover, China’s PC Peripherals market had the biggest market share, and the Indian PC Peripherals market was the Asia-Pacific region's fastest-growing market.
PC Peripherals Key Market Players & Competitive Insights
Leading market players are putting a lot of money into R&D to improve their product lines, which will fuel further growth in the PC peripherals market. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, PC Peripherals industry must provide reasonably priced goods.
Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the global PC Peripherals industry to help customers and expand the market segment. In recent years, the PC Peripherals industry has given the gaming business some of the biggest benefits. Major players in the PC Peripherals market include Microsoft Corporation, Apple Inc., Dell Technologies Inc., HP Inc., Acer Inc., ASUSTeK Computer Inc., Lenovo Group Limited, and others are engaging in research and development activities in an effort to boost market demand.
Canon Inc. is a worldwide firm based in Tokyo, Japan, with a focus on optical, image, and industrial products. Its products include lenses, cameras, medical equipment, scanners, printers, and equipment used in semiconductor manufacturing. One year after Hewlett-Packard, in 1985, Canon unveiled their inkjet printer that utilized bubble-jet technology. The Canon EOS 650 autofocus SLR camera and the Canon Electro-Optical System (EOS), named for the goddess of the dawn, were released by Canon in 1987. In October 2023, as an alternative to ASML's extreme ultraviolet lithography systems, Canon unveiled its new nanoimprint lithography manufacturing systems, claiming that they are easier to use and more economical. This technology can print circuits as small as 5 nm in size onto silicon wafers without the need for photolithography.
Personal computers (PCs), printers, related supplies, and 3D printing services are all developed by HP Inc., an American multinational information technology business with its headquarters located in Palo Alto, California. Both David Packard and Bill Hewlett, who earned electrical engineering degrees from Stanford University in 1935, created Hewlett-Packard in 1939. In Palo Alto, California, the business began in the HP Garage. In February 2022, HP declared that it had purchased Choose Packaging, a packaging development firm located in Edinburgh, with the aim of enhancing its competencies in the sustainable packaging sector.
Key Companies in the PC Peripherals market include
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Canon Inc.
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Dell Technologies Inc
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HP Inc.
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Logitech International S.A.
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Microsoft Corporation
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Acer Inc.
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ASUSTeK Computer Inc.
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Lenovo Group Limited
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Apple Inc.
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Samsung Electronics Co., Ltd.
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Epson America, Inc.
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Brother Industries, Ltd.
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Seagate Technology LLC
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Toshiba Corporation
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Western Digital Corporation
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Intel Corporation
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Advanced Micro Devices, Inc.
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NVIDIA Corporation
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Corsair Components Inc.
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Razer Inc.
PC Peripherals Industry Developments
April 2022: It has been disclosed by AMD, Nvidia, and Dell that they will power the newest Ohio AI computer cluster. The Ohio Supercomputer Center (OSC) will use Dell hardware equipped with AMD Epyc processors and Nvidia accelerators to build a cutting-edge, potent computing cluster for AI applications.
April 2021: Epson introduced a new A4 desktop color multifunction printer designed for businesses that care about the environment.
August 2022: The Vulcan II tiny optical mechanical keyboard for PC gaming is a brand-new product from Turtle Beach Corporation. With revolutionary features like TITAN II optical switches, twin LED smart keys, and enhanced functionality, the Vulcan II Mini is the newest model in ROCCAT's highly acclaimed Vulcan keyboard lineup.
PC Peripherals Market Segmentation:
PC Peripherals Product Type Outlook
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PC Peripheral Input Devices
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PC Peripheral Output Devices
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PC Peripheral Storage Devices
PC Peripherals Device Type Outlook
PC Peripherals Connectivity Outlook
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Wired PC Peripherals
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Wireless PC Peripherals
PC Peripherals Distribution Channel Outlook
PC Peripherals End-use Outlook
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Residential Use
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Commercial Use
PC Peripherals Regional Outlook
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North America
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
| Report Attribute/Metric |
Details |
| Market Size 2022 |
USD 6.5 Billion |
| Market Size 2023 |
USD 7.2 Billion |
| Market Size 2032 |
USD 15.7 Billion |
| Compound Annual Growth Rate (CAGR) |
10.30% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2019-2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Product Type, Device Type, Connectivity, Distribution Channel, End-use, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
China, Japan, India, Australia, South Korea, Brazil, Germany, France, UK, Italy, and Spain |
| Key Companies Profiled |
Apple Inc., ASUSTeK Computer Inc., Lenovo Group Limited, Acer Inc., Dell Technologies Inc., HP Inc., Logitech International S.A., Microsoft Corporation. |
| Key Market Opportunities |
Growing numbers of educational institutions are going digital. |
| Key Market Dynamics |
Increasing demand for external memory |
Frequently Asked Questions (FAQ) :
In 2023, the size of the worldwide PC peripherals market was estimated to be USD 7.2 billion.
From 2024 to 2032, It is anticipated that the global market will intensify at a compound yearly growth rate of 10.30%.
North America held the most market share worldwide.
The leading companies in the market are Apple Inc., ASUSTeK Computer Inc., Lenovo Group Limited, Microsoft Corporation, Acer Inc., Dell Technologies Inc., HP Inc., and Logitech International S.A.
In 2023, the market was dominated by the PC Peripheral Storage Devices sector.
Globally, the PC sector has the largest market share.
