The global Gaming Accessories Market is expected to reach USD 10.07 billion by 2030 and is anticipated to grow at a CAGR of 6.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. In recent years, the global market has experienced a notable surge, marking a significant shift in consumer preferences and technological advancements. This upswing can be attributed to various factors, including the growing popularity of gaming as a mainstream form of entertainment, the continuous evolution of gaming technology, and the increasing disposable income of consumers worldwide.
Gaming is no longer confined to a niche audience; it has evolved into a widespread cultural phenomenon. The rise of esports, online multiplayer games, and streaming platforms has contributed to the increasing number of gamers across different age groups and demographics. As a result, the demand for high-quality gaming accessories has skyrocketed, ranging from gaming mice and keyboards to virtual reality (VR) headsets.
The technological advancements in the gaming industry have played a pivotal role in shaping the landscape of gaming accessories. With the introduction of cutting-edge gaming consoles, powerful graphics cards, and immersive gaming experiences, consumers are now seeking accessories that complement and enhance their gaming setups. It has led to a surge in demand for accessories such as mechanical keyboards with customizable RGB lighting, high-precision gaming mice, and advanced audio peripherals that deliver an immersive sound experience.
The global market has benefited from the growing mobile gaming trend. Mobile gaming has become a dominant force in the gaming industry with the widespread adoption of smartphones and tablets. As a result, there is an increased demand for portable gaming accessories, such as controllers and headphones designed specifically for mobile devices. Expanding the gaming ecosystem to mobile platforms has opened opportunities for accessory manufacturers to cater to a diverse and ever-expanding consumer base.
The rise of virtual reality (VR) gaming has also contributed significantly to the growth of the market. VR headsets, motion controllers, and haptic feedback devices have become integral to the immersive VR gaming experience. As VR technology continues to evolve, so does the demand for innovative accessories that provide users with a more realistic and engaging gaming environment. It presents a lucrative market for companies investing in developing cutting-edge VR accessories.
Moreover, the market has witnessed a surge in collaborations and partnerships between accessory manufacturers and gaming companies. This trend has resulted in creation of co-branded products and limited-edition accessories that appeal to the dedicated fan bases of popular games and franchises. These collaborations drive sales and gaming community's excitement and anticipation.
Related Press Release@ Gaming Accessories Market Report
Gaming Accessories Market Report Highlights
- The market continues to experience rapid technological advancements, with companies focusing on integrating cutting-edge features such as advanced sensors, haptic feedback, and customizable RGB lighting into their products. This innovation aims to enhance the overall gaming experience
- With the rise of esports, there is a heightened demand for gaming accessories that cater to the specific needs of professional and competitive gamers. Esports-grade peripherals with features like low-latency connectivity, high-precision sensors, and customizable settings are gaining popularity
- Brands collaborate with game developers, esports teams, or popular gaming franchises to create co-branded and limited-edition accessories. These collaborations generate excitement within the gaming community and contribute to unique and collectible offerings
- With the continued development of virtual reality gaming, there is a focus on innovations in VR accessories. It includes VR headsets, motion controllers, and haptic feedback devices that aim to provide a more immersive gaming experience
- While traditional retail channels remain significant, there is a notable shift towards online platforms and direct-to-consumer sales. E-commerce has become a leading channel for purchasing gaming accessories, offering convenience and a wide selection of products
Gaming Accessories Market Report Scope
Report Attribute
Details
Market size value in 2024
USD 6.97 billion
Revenue forecast in 2030
USD 10.07 billion
Growth rate
CAGR of 6.3% from 2024 to 2030
Base year for estimation
2023
Historical data
2018 - 2022
Forecast period
2024 - 2030
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Gaming Accessories Market Segmentation
Grand View Research has segmented the global gaming accessories market based on product, platform, distribution channel, and region:
Gaming Accessories Product Outlook (Revenue, USD Million, 2018 - 2030)
- Gaming Chairs
- Controllers
- Headsets and Audio Equipment
- Keyboards and Mouse
- Others
Gaming Accessories Platform Outlook (Revenue, USD Million, 2018 - 2030)
- Mobile
- Console
- PC Gaming
Gaming Accessories Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Specialty Stores
- Online
- Departmental Stores
- Others
Gaming Accessories Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
The rise of the interactive entertainment industry can lead to remarkably rise of the gaming accessories market.
Their easy availability can prompt the expansion of the market in the years to come.
On the contrary, increase in gaming peripherals cost, such as anti-ghost switches and DPI mouse can restrain the market growth in the review period.
They are; Logitech International SA (Switzerland), Alienware (US), Mad Catz (US), Razer Inc. (US), Corsair (US), Turtle Beach (US), Sennheiser (Germany), Cooler Master (China), HyperX (US), Reddragon (US), Anker (China), Plantronics (US), SADES Technological Corporation (China), Nintendo Co., Ltd (Japan), Google Inc. (US), HP Inc. (US), Oculus VR, LLC (US), Xiaomi Corporation (China), AsusTek Computer Inc. (Taiwan), Dell Inc. (US), Acer Inc. (Taiwan), SteelSeries (Denmark), Sony Corporation (Japan), and Nvidia Corporation (US) have a loud presence in the gaming accessories market across the world.
The segment study help investors to understand the shifting focus of companies to develop comfortable and reflexive accessories that are highly efficiently for games to improve fast movements feature and high sensitivity.
The product-based segments of the global gaming accessories market are keyboards, gamepads, headsets, mice, controllers or joysticks, surfaces, cooling fans, virtual reality (VR) devices, web camera, and others.
Gaming Accessories Market 2021-2027New Study Reports " The Global Gaming Accessories Market Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2021- 2027" has been Added on MarketResearchFuture.Market OverviewThe study of market analysis of the global Gaming Accessories market focuses on the key elements and the market dynamics of a specific market within that particular industry.
The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
With the help of the report analysis, every new or established manufacturer can gain knowledge about the business strategies and planning by the significant key marketers who are having a strong base.
The documentation is prepared by investigating the company’s activities related to their planning, decision making, purchase, capital investment, innovation, workforce, business expansion strategy, facility expansion, promotional activities, and many other aspects of a company.Market Dynamics of The Global Gaming Accessories MarketThe rising awareness among the global population for the product benefit tends to increase the production of a product of the global Gaming Accessories market in a positive way.
However, high costs of high-end gaming mice and controllers act as one of the restraining factors to the growth of the global market.Key PlayersThe report has profiled some of the Important players prevalent in the global like – The Key Players in the Gaming Accessories Market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
Some of them are HyperX (US), Anker (China), Reddragon (US), SADES Technological Corporation (China), Plantronics (US), Google Inc. (US), Nintendo Co., Ltd (Japan), Oculus VR, LLC (US), HP Inc. (US), Xiaomi Corporation (China), Dell Inc. (US), Alienware (US), Logitech International SA (Switzerland), Razer Inc. (US), Mad Catz (US), Turtle Beach (US), Corsair (US), AsusTek Computer Inc. (Taiwan), Acer Inc. (Taiwan), Sony Corporation (Japan), SteelSeries (Denmark), and Nvidia Corporation (US).
The rise of the interactive entertainment industry can lead to remarkably rise of the gaming accessories market.
Gaming accessories include gamepads, controllers, cameras, keyboards, and virtual reality headsets among others.Their easy availability can prompt the expansion of the market in the years to come.
In addition, the availability of latest technologies, such as artificial intelligence (AI) and virtual reality (VR) can fuel the rise of the world gaming accessories market.
On the contrary, increase in gaming peripherals cost, such as anti-ghost switches and DPI mouse can restrain the market growth in the review period.
The segment study help investors to understand the shifting focus of companies to develop comfortable and reflexive accessories that be highly efficiently for games to improve fast movements feature and high sensitivity.
The product-based segments of the global gaming accessories market are keyboards, gamepads, headsets, mice, controllers or joysticks, surfaces, cooling fans, virtual reality (VR) devices, web camera, and others.The device type-based segments of the gaming accessories market are PC (desktop and laptop), gaming consoles, and smartphones.The end-users based segments of the gaming accessories market are professional gaming and casual gaming.Regional AnalysisAs per MRFR, North America gaming accessories market can dominate through 2020–2027 in the global market.
The report is structured in a way to provide effective exploratory techniques such as quantitative and quantitative analysis, used to obtain appropriate data of the desired market.
Useful graphical presentation techniques such as tables, charts, graphs, and pictures also make the report analysis more lucid to readers.
This research study estimates for global Gaming Accessories market till 2030 year.
The study is inclusive of a thorough assessment of global Gaming Accessories sector by providing an in-depth analysis of various aspects of the businesses such as recent trends, current growth factors, and industry validated market data.
This extensive report also focuses on the advancements of technological platform, tools, and methodologies which help to provide proper guidelines to the businesses.
Furthermore, the study also delivers a detailed description of effective sales strategies which help to discover global clients rapidly.In terms of revenue, the global gaming accessories market was valued at US$ 7825.21 Mn in 2020 growing at a CAGR of 12.54% over the forecast period (2021 – 2030).Based on Absolute Markets Insight's Findings, the Asia Pacific region is expected to showcase the highest growth rate during the forecast years in the global gaming accessories market.
