In 2022, the market for gaming hardware is expected to be worth US$35,566 million. Sales of gaming gear are anticipated to increase at a CAGR of 5.1% from 2022 to 2032, reaching a value of US$ 58,662.4 Million.
Sales of virtual reality headsets in the commercial market will increase dramatically in the years to come. As the demand for mobile game applications rises, gaming hardware’s market share will continue to climb. The historical period from 2016 to 2021 had a 4% value CAGR in the demand for gaming gear.
The gaming hardware market refers to the market for hardware components and peripherals that are used in gaming, including gaming consoles, desktop and laptop computers, gaming keyboards, mice, headsets, and monitors. The gaming hardware market has been growing rapidly in recent years, driven by the increasing popularity of video games and esports.
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One of the key drivers of growth in the gaming hardware market is the increasing demand for high-performance gaming systems, with advanced graphics and processing capabilities that can handle the latest games and virtual reality applications. The market is also benefiting from the growth of esports and competitive gaming, which require specialized hardware such as gaming mice, keyboards, and monitors to provide a competitive advantage.
Other factors driving the growth of the gaming hardware market include the increasing popularity of mobile gaming, the rise of cloud gaming, and the growing trend towards customization and personalization in gaming hardware. However, the market also faces challenges such as the high cost of advanced gaming systems and peripherals, competition from mobile gaming, and the need to keep up with rapidly evolving technology trends
Market Competition
It is crucial that global manufacturers are continuously striving to innovate new gaming hardware products in order to stay competitive in the global gaming hardware market. To market themselves, companies use a variety of strategies, including mergers and acquisitions, expansions, collaborations, and partnerships.
Some of the key participants present in the global gaming hardware market include
- Sony Corporation,
- Microsoft Corporation,
- Apple Inc.,
- Google,
- HTC Corporation,
- Nintendo,
- Linden Research, Inc.,
- Activision Blizzard, Inc.,
- Sega Games Co., Ltd.,
- Oculus VR, LLC,
- GAMDIAS,
- Anker Innovations Technology,
- Redragon and Others.
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Key Segments Profiled in the Gaming Hardware Survey
Gaming Hardware Market by Gaming Platform:
- Gaming Hardware in PC
- Gaming Hardware in TV
- Gaming Hardware in Smart Phones/Tablets gaming
Gaming Hardware Market by Product Type:
- Gaming Hardware in Consoles
- Gaming Hardware for Standard Consoles
- Gaming Hardware for Handheld Consoles
- Gaming Hardware Accessories
- Gaming Hardware in Headsets
- Gaming Hardware in Cameras
- Gaming Hardware in Gamepads
- Gaming Hardware in Steering Wheel
- Gaming Hardware in Joysticks
Gaming Hardware Market by End-user:
- Residential Gaming Hardware
- Commercial Gaming Hardware
Gaming Hardware Market by Region:
- North America Gaming Hardware Market
- Latin America Gaming Hardware Market
- Europe Gaming Hardware Market
- Asia Pacific Gaming Hardware Market
- Middle East and Africa Gaming Hardware Market
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
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