PUBLISHER: The Business Research Company | PRODUCT CODE: 1680398
PUBLISHER: The Business Research Company | PRODUCT CODE: 1680398
Computer peripheral equipment comprises devices that are not essential to the core functioning of a computer but can be externally connected to enhance its functionality.
The main types of computer peripheral equipment include the mouse, keyboard, monitor, printer, and scanner. A mouse is a handheld input device used to move the cursor around a computer screen. These peripherals can be either wired or wireless and find applications in various areas, including residential and commercial settings.
The computer peripheral equipment market research report is one of a series of new reports from The Business Research Company that provides computer peripheral equipment market statistics, including computer peripheral equipment industry global market size, regional shares, competitors with a computer peripheral equipment market share, detailed computer peripheral equipment market segments, market trends and opportunities, and any further data you may need to thrive in the computer peripheral equipment industry. This computer peripheral equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The computer peripheral equipment market size has grown steadily in recent years. It will grow from $159.73 billion in 2024 to $165.64 billion in 2025 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to personal computing growth, advancements in input devices, data storage solutions, networking devices, game controllers, growth of audio devices.
The computer peripheral equipment market size is expected to see steady growth in the next few years. It will grow to $189.24 billion in 2029 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to smart home connectivity, sustainable peripheral design, digital transformation initiatives, gaming peripheral market growth, USB-c adoption. Major trends in the forecast period include wireless connectivity, ergonomic designs, biometric authentication, smart office solutions, voice-controlled peripherals, wearable technology integration, climate tech solutions.
The volume of data generated from personal devices and various business operations across multiple industries is rapidly increasing, which is expected to drive demand for storage devices during the forecast period. For instance, the total amount of data generated globally is projected to reach 163 zettabytes (ZB) by 2025. To manage this growing data volume, the demand for storage devices from both corporate and individual customers is anticipated to boost the computer peripheral equipment market in the forecast period.
The rising adoption of IoT devices is expected to fuel the growth of the computer peripheral equipment market in the future. The Internet of Things (IoT) refers to a network of physical objects embedded with sensors, software, and connectivity features that allow them to collect and exchange data over the Internet. Integrating IoT devices with computers can enhance efficiency, convenience, and security while opening up new opportunities for customization and connectivity. For example, in January 2022, data from the GSM Association, a UK-based non-profit industry organization, projected that global IoT connections would soar to 23.3 billion by 2025, a significant increase from the 15.1 billion connections recorded in 2021. Therefore, the growing adoption of IoT devices is driving the expansion of the computer peripheral equipment market.
A rising trend in the market is the popularity of portable folding keyboards, appreciated for their small size and convenience. These keyboards, when unfolded, match the size of a regular keyboard and can be connected to devices such as phones, computers, and tablets. Compatible with major operating systems, portable folding keyboards, such as Microsoft's Universal Foldable Keyboard, iClever wireless folding keyboard, and IKOS foldable keyboard, offer a compact solution for users.
Major companies in the computer peripheral equipment sector are launching innovative products like the GeForce RTX 4070 Ti to offer reliable services to their customers. The GeForce RTX 4070 Ti is a high-performance desktop graphics card that delivers outstanding gaming performance, making it suitable for 4K60 gaming in most titles, capable of handling ray tracing, lower resolutions, and providing Deep Learning Super Sampling (DLSS) for playable frame rates. For example, in January 2023, Nvidia, a US-based software company, introduced the new GeForce RTX 4070 Ti desktop graphics card. This card is built on a 5 nm process, utilizes the AD104 chip, and features the Ada Lovelace architecture, which includes enhancements in deep learning super sampling for better image quality.
In August 2022, HP Inc., a US-based information technology company, made a strategic acquisition of Poly for an undisclosed amount. Poly, a US-based provider of workplace collaboration solutions, is expected to enhance the combined company's growth-oriented portfolio and strengthen its position in the hybrid work solutions industry. This acquisition reflects HP's commitment to long-term sustainable growth and value creation.
Major companies operating in the computer peripheral equipment market include Apple Inc., Samsung Group, Microsoft Corporation, Dell Technologies Inc., Intel Corporation, HP Inc., Lenovo Group Limited, Canon Inc., Toshiba Corporation, Fujifilm Corporation, Sharp Corporation, Ricoh Company, Asustek Computer Inc., Seiko Epson Corp., Brother Industries Ltd., Logitech International S.A., Gigabyte Technology Co. Ltd., Synaptics Inc., Razer Inc., Corsair Gaming Inc., MathWorks Corporation, SteelSeries Company, iKey Ltd., XMOS Company, Team Mobot, Advanced Micro Peripherals Ltd., Mionix AB
North America was the largest region in computer peripheral equipment market in 2024. Asia-Pacific was the second largest region in computer peripheral equipment market. The regions covered in the computer peripheral equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the computer peripheral equipment market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The computer peripheral equipment market consists of sales of mouse, keyboard, monitor, printer and scanner that connect to a computer system to add functionality. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Computer Peripheral Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on computer peripheral equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for computer peripheral equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The computer peripheral equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.