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The global mechanical keyboard market Growth Accelerated by Wireless connectivity

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naufan
The global mechanical keyboard market Growth Accelerated by Wireless connectivity

Mechanical keyboards offer tactile and audible feedback when typing compared to regular keyboards. They are durable and customizable with the option to replace switches and keycaps as per preference. The growing popularity of gaming and e-sports has driven the demand for mechanical keyboards as they provide responsiveness and accuracy.

The global mechanical keyboard market is estimated to be valued at US$ 2113.16 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the major trends driving the growth in the mechanical keyboard market is the adoption of wireless connectivity. Traditionally, mechanical keyboards require wired connections but several manufacturers are now introducing keyboards with options for Bluetooth or wireless connectivity. This has increased their appeal for applications beyond desktop usage including portable gaming laptops and tablets. Wireless mechanical keyboards provide the functional benefits of wired variants without the hassle of wires. Leading brands like Logitech, Razer, and Keychron offer keyboards compatible with common connection standards like Bluetooth or proprietary wireless protocols. The wireless form factor combined with customization and durability of mechanical switches is expected to drive significant demand over the forecast period.

Segment Analysis

The mechanical keyboard market is dominated by the wired mechanical keyboard segment which holds around three-fourth of the overall market share. Wired mechanical keyboards are preferred by serious gamers and programmers due to their better response time and reliability. Though wireless mechanical keyboards offer greater flexibility, they cannot match the fast response time of wired keyboards due to inherent latency issues related to wireless connection.

Key Takeaways

The Global Mechanical Keyboard Market Size is expected to witness high growth over the forecast period owing to growing popularity of e-sports and increasing focus on finer aspects of gaming experience. The global mechanical keyboard market is estimated to be valued at US$ 2113.16 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030.

Regional analysis: Asia Pacific dominates the global mechanical keyboard market with over 40% market share due to high adoption of PC games in countries like China, South Korea and Taiwan. Growing middle class population and disposable incomes in these countries has led to rising penetration of PCs and thereby mechanical keyboards. North America is the second largest region and is driven by strong base of PC gamers.

Key players: Key players operating in the mechanical keyboard market are Gilead Sciences, ViiV Healthcare, Merck & Co., Inc., GlaxoSmithKline PLC, Bristol-Myers Squibb Company, Johnson & Johnson, AbbVie Inc., Janssen, Pharmaceuticals, Inc., Theratechnologies Inc., and Shionogi & Co., Ltd. Gilead Sciences leads the market with its strong portfolio of antiretroviral drugs used extensively for treating HIV infections. Other major players such as ViiV Healthcare, Merck & Co. and Bristol-Myers Squibb are focusing on developing long acting drugs to improve treatment convenience for patients.


Get more insights on this topic:

https://www.dailyprbulletin.com/mechanical-keyboard-market-share-analysis/

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