According to this latest study, the growth in The Global Gaming Accessories Market was estimated at USD 7.75 Billion in the year 2020, and is expected to elevate towards USD 16.40 Billion by year 2027, by showing a CAGR of 12.3% during the period of 2021-2027.
A video game accessory can be referred as an individual piece of hardware required to use a video game console or one that enriches the gaming experience. Gaming accessories are packed with all other devices other than hardware and software that are used in a gaming system. Gaming involves a lot of movements, clicking, scrolling, etc., which lasts for many stretching hours hence, the gaming accessories such as gaming mice are developed for prolonged use and are built to improve the gaming sessions. Several gaming companies across multiple regions continually strive to offer an immersive gaming experience by launching gaming accessories such as gaming mouse, keyboards, headsets, controllers for diverse console/platforms, such as PlayStation, Xbox, and Windows PCs. Cloud gaming is also one of the prominent technologies across the market that allows users to stream high-end games across hand-held devices, with fast network connectivity, eliminating the need for a dedicated gaming console/PC. Several companies are launching cloud gaming platforms along with accessories leading to wide popularity
This Gaming Accessories Market Report includes information on the manufacturer, such as shipping, pricing, revenue, interview records, gross profit, and company distribution, among other things. These details assist consumers to learn more about their rivals. Likewise, the report outlines the significant difficulties that would have an influence on market growth. They also give extensive facts about the industry's potential to key stakeholders, allowing them to expand their industries and increase sales in certain industries. The research will assist companies who are already in or want to enter this market in analyzing the many facets of this domain before investing in or growing their industry in the Gaming Accessories markets.
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The Major Players in the Gaming Accessories Market Include:
· Alienware (Dell)
· Logitech International SARazer Inc.
· Mad Catz Global Limited
· Turtle Beach Corporation
· Corsair Gaming Inc.
· Cooler Master Co. Ltd
· Sennheiser electronic GmbH & Co. KG
· Reddragon (Eastern Times Technology Co. Ltd)
· Nintendo Co. Ltd
· Sony Corporation
· Microsoft Corporation
Segmentation of Gaming Accessories market:
· Gaming Keyboards
· Gaming Mice
· Gaming Headsets
· Virtual Reality Devices
By End Use:
Geographic Segment Covered in the Report
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of South America)
Knowing market share in the base year provides you an idea of the competition and size of the suppliers. It reflects the market's fragmentation, accumulation, dominance, and amalgamation features. The Competitive Scenario provides an outlook study of the suppliers' various industry growth plans. This section's news provides vital insights at various stages while keeping up with the industry and engaging players in the economic discussion. Merger & Acquisition, Collaboration, Partnership, Agreement, Investment & Funding, New Product Launch & Enhancement, Recognition, Rewards & Expansion are the categories that the competitive scenario represents. All of the research data collected helps the vendor identify market gaps as well as competitor weaknesses and strengths, helping them to better their service and product.
Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Gaming Accessories Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
Reasons to Purchase this Market Report:
· Market forecast analysis through recent trends and SWOT analysis
· Gaming Accessories Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
· Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
· Gaming Accessories Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
· Competitive environment related to the Gaming Accessories market share for key players, along with new projects and strategies that players have adopted over the past five years