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

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.

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The study includes market sizing and forecasting Analytics validated by authenticated key industry experts.

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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.