PUBLISHER: The Insight Partners | PRODUCT CODE: 1567836
PUBLISHER: The Insight Partners | PRODUCT CODE: 1567836
The South & Central America gaming controller market was valued at US$ 82.36 million in 2022 and is expected to reach US$ 117.92 million by 2030; it is estimated to register a CAGR of 4.6% from 2022 to 2030 .
Rise in Number of Professional Gamers Fuels South & Central America Gaming Controller Market
The rise of professional gaming has heightened the demand for controllers that offer competitive advantages. Pro-level controllers mostly come with customizable buttons, additional features, and robust build quality to meet the specific needs of professional gamers. Professional gamers require precise control over their in-game actions. Manufacturers respond by developing controllers with advanced features such as customizable buttons, adjustable trigger sensitivity, and programmable profiles. For instance, controllers from brands such as SCUF Gaming offer customizable options to meet the specific preferences of professional players. Many professional gamers are sponsored by gaming peripheral companies to promote and use specific gaming controllers during competitions. Also, the number of gaming leagues and tournaments worldwide has increased significantly, with events such as The International (Dota 2) and the League of Legends World Championship drawing massive viewership. Many professional gamers live stream on platforms such as Twitch, where they showcase their gameplay. As professional gamers become content creators, the controllers they use gain visibility among their fan bases. This, in turn, influences other gamers' preferences, driving the adoption of specific controllers. Thus, the rising number of professional gamers is expected to provide growth opportunities for the gaming controller market. The demand for controllers with advanced features, customization options, and durability has increased as esports continue to thrive, influencing both casual and competitive gamers. Manufacturers are responding to these trends by developing controllers that meet the specific needs of professional gamers, further fueling the growth of the gaming controller market.
South & Central America Gaming Controller Market Overview
The gaming industry in SAM has been experiencing significant growth. The increasing interest in video games, both among casual and dedicated gamers, has led to a higher demand for gaming accessories, including controllers. The region has seen a surge in the number of gamers, driven by the accessibility of gaming platforms, online multiplayer games, and esports events. As the gaming community expands, so does the demand for quality gaming peripherals, including controllers. Also, esports tournaments and gaming events, such as the Copa America de Rainbow Six Siege, contribute to the growing demand for professional gaming peripherals. Companies such as Razer, Logitech, and Sony have introduced innovative gaming controllers with advanced features to cater to the evolving preferences of gamers in SAM.
South & Central America Gaming Controller Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Gaming Controller Market Segmentation
The South & Central America gaming controller market is categorized into product type, compatibility, connectivity, distribution channel, end use, and country.
Based on product type, the South & Central America gaming controller market is segmented into gamepad, joystick, trackball, steering wheel, throttle quadrant, and others. The gamepad segment held the largest market share in 2022.
In terms of compatibility, the South & Central America gaming controller market is categorized into PCs, console, and mobile. The PCs segment held the largest market share in 2022.
By connectivity, the South & Central America gaming controller market is bifurcated into wired and wireless. The wired segment held a larger market share in 2022.
Based on distribution channel, the South & Central America gaming controller market is bifurcated into offline and online. The offline segment held a larger market share in 2022.
In terms of end use, the South & Central America gaming controller market is bifurcated into personal and commercial. The personal segment held a larger market share in 2022.
By country, the South & Central America gaming controller market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America gaming controller market share in 2022.
Microsoft Corp, Logitech International SA, Corsair Gaming Inc, ACCO Brands Corp, Mad Catz Global Ltd, Sabrent, Sony Group Corp, and Nintendo Co Ltd. are some of the leading companies operating in the South & Central America gaming controller market.