Computer Peripheral Equipment Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Computer Peripheral Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Computer Peripheral Equipment Global Market Report 2024, The computer peripheral equipment market size has grown steadily in recent years. It will grow from $145.97 billion in 2023 to $151.02 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. 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 $172.55 billion in 2028 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.

Data volume generated from personal devices and various business operations in many industries is rapidly increasing; this is expected to drive the demand for storage devices during the forecast period. For instance, the total data generated worldwide is projected to reach 163 zettabytes (ZB) by 2025. In order to manage this rising data volume, the demand for storage devices from both corporate and individual customers is expected to drive the computer peripheral equipment market in the forecast period.

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The computer peripheral equipment market covered in this report is segmented –

1) By Type: Mouse, Keyboard, Monitor, Printer, Scanner

2) By Connectivity: Wired, Wireless

3) By End-Use: Residential, Commercial

Portable folding keyboards are increasingly becoming popular due to small size and convenience it offers. These keyboards can be connected to devices such as phones, computers, and tablets and are the same size as a regular keyboard when unfolded. Portable folding keyboards are generally compatible with all major operating systems such as Windows, Android and iOS and can be charged using a USB port. Some of the portable folding keyboards include Microsoft’s Universal Foldable Keyboard, iClever wireless folding keyboard, IKOS foldable keyboard.

The computer peripheral equipment market report table of contents includes:

Executive Summary
Computer Peripheral Equipment Market Characteristics
Computer Peripheral Equipment Product/Service Analysis -Product/Service Examples
Computer Peripheral Equipment Market Trends And Strategies
Computer Peripheral Equipment Market – Macro Economic Scenario