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The Computer Peripherals Market is estimated to be valued at USD 544.6 billion in 2025 and is projected to reach USD 1416.8 billion by 2035, registering a compound annual growth rate (CAGR) of 10.0% over the forecast period.
| Metric | Value |
|---|---|
| Computer Peripherals Market Estimated Value in (2025 E) | USD 544.6 billion |
| Computer Peripherals Market Forecast Value in (2035 F) | USD 1416.8 billion |
| Forecast CAGR (2025 to 2035) | 10.0% |
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According to Cognitive Market Research, the global Computer Peripherals market size is USD 411051.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.60% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 164420.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 123315.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 94541.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 20552.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 8221.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.
The wired connectivity held the highest Computer Peripherals market revenue share in 2024.
Market Dynamics of Computer Peripherals Market
Key Drivers of Computer Peripherals Market
Increasing Demand for Remote Work Solutions to Increase the Demand Globally
The Computer Peripherals market is experiencing a surge in demand due to the global shift towards remote work arrangements. As businesses and individuals adapt to remote work environments, there is a growing need for essential computer peripherals such as keyboards, mice, monitors, and webcams to facilitate efficient communication and productivity. Additionally, the rising trend of remote learning and online education further drives the demand for computer peripherals, particularly among students and educators. This increased demand for remote work solutions is expected to fuel the growth of the Computer Peripherals market in the coming years.
Technological Advancements and Innovation to Propel Market Growth
Another key driver propelling the growth of the Computer Peripherals market is continuous technological advancements and innovation in the field. Manufacturers are constantly introducing new and improved computer peripherals with enhanced features, functionalities, and compatibility to meet the evolving needs of consumers and businesses. For example, the development of wireless peripherals, ergonomic designs, and customizable options cater to the growing demand for convenience, comfort, and flexibility. Furthermore, innovations such as augmented reality (AR) and virtual reality (VR) peripherals are opening up new opportunities in gaming, entertainment, and professional applications. This focus on innovation drives product differentiation and stimulates consumer interest, thereby driving market growth in the Computer Peripherals sector.
Restraint Factors Of Computer Peripherals Market
Supply Chain Disruptions to Limit the Sales
One of the key restraints affecting the Computer Peripherals market is the impact of supply chain disruptions. The global computer peripherals industry heavily relies on complex supply chains involving multiple components and manufacturing processes, often spanning across different countries. Disruptions in the supply chain, such as raw material shortages, transportation delays, and manufacturing plant closures, can significantly hinder the production and distribution of computer peripherals. These disruptions may arise from various factors, including natural disasters, geopolitical tensions, and unexpected events like the COVID-19 pandemic. As a result, manufacturers may face challenges in meeting demand, leading to product shortages, increased lead times, and higher production costs, which can ultimately dampen market growth and profitability.
Trends in Computer Peripherals Market
Increasing Demand for Wireless and Ergonomic Peripherals
The transition to remote and hybrid work environments has expedited the uptake of wireless computer peripherals, such as keyboards, mice, headsets, and printers. Users now emphasize the importance of tidy workspaces, mobility, and effortless connectivity through Bluetooth or Wi-Fi. Concurrently, there is a growing inclination towards ergonomic designs that alleviate strain during extended use, including split ke...
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Computer peripherals market size was USD 406.90 Billion in 2021 and is expected to register a revenue CAGR of 10.4% during the forecast period. The rising use of computers in all industries and increasing demand for external storage devices are key factors driving revenue growth of the market.
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TwitterIn the year to March 2021, peripheral services made up around ** percent of the overall global computer peripherals market, whilst supplies accounted for ** percent of the market. The overall global peripherals market was valued at *** billion U.S. dollars in that period.
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North America Computer Peripherals Market size was USD 164420.48 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
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TwitterIn 2019, Canon was the leader of the global computer peripherals market. Canon's market share amounted to **** percent, a reduction from their **** percent share recorded in the year to the end of June 2019. The overall global market size stood at *** billion U.S. dollars in that year.
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Computer Peripherals Market size was valued at USD 470.95 Billion in 2024 and is projected to reach USD 779.42 Billion by 2032, growing at a CAGR of 6.5% from 2026 to 2032.
Global Computer Peripherals Market Overview
The growing use of computers and laptops in various sectors, including business, education, and personal use, drives the demand for computer peripherals. The continuous advancements in technology contribute to the growth of the Computer Peripherals Market. The development of wireless peripherals, ergonomic designs, high-resolution displays, advanced audio systems, and innovative connectivity options attracts consumers seeking improved productivity, convenience, and immersive experiences. The booming gaming industry is a significant driver for specialized gaming peripherals. The rise of esports and the increasing popularity of gaming as a recreational activity create opportunities for gaming keyboards, mice, controllers, headsets, and monitors.
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TwitterIn an early 2025 survey, MSI achieved the highest overall satisfaction score among PC gaming monitor brands. The company scored 9.2 and was followed by Acer and Dell, each with scores of 9.1.
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Discover the booming computer peripherals market! Explore key trends, growth drivers, and leading companies shaping this dynamic industry. Learn about market size projections, regional analysis, and future opportunities in this comprehensive market overview. Projecting significant growth through 2033, the market is ripe for analysis.
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According to Cognitive Market Research, the global IT Peripherals Market size was USD 12512.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 5004.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 3753.66 million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD 2877.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
Latin America's market will have more than 5% of the global revenue with a market size of USD 625.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Middle East and Africa are the major markets of around 2% of the global revenue with a market size of USD 250.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031
The Loudspeakers held the highest IT Peripherals Market revenue share in 2024.
Market Dynamics of IT Peripherals Market
Key Drivers of IT Peripherals Market
Increasing Demand for External Storage Devices to Propel the Market Growth
Increasing investment in storage technology in the media, communication, banking, and residential sectors has led to rising demand for external storage devices. The use of external storage devices is an essential component of modern businesses. Increasing Digital transformation initiatives across organizations, adoption of hybrid and all-flash arrays, government spending from various countries on advanced storage technologies, and growing workloads across industries are driving the demand for external storage devices. In addition, rising demand for increasing computer storage capacity for faster performance and the growing need for emergency data backups are expected to increase the adoption of external storage devices, which in turn will drive revenue growth of the market during the forecast period.
?Emerging Technologies in Peripherals to Drive the Market Growth?
The IT Peripherals Market has witnessed massive growth because of several factors, but the prime factor promoting the drilling market growth involves the rising development of exploration and deepwater exploration. With advancements in drilling technology and increasing demand for energy resources, there has been a growing interest in deepwater exploration and production. Drillships are specially designed to operate in deepwater environments and can reach water depths that other drilling rigs cannot access. The demand for drillships is driven by the need to explore and extract resources from these deepwater areas.
Restraint Factors of IT Peripherals Market
Growing Penetration of Mobile Phones to Restrict the Market Growth
The growing need for staying connected to social media sites and easy access to the internet has boomed the use of tech devices in our everyday lives. However, smartphones emerged as the winner. These portable devices offer a host of benefits, such as being very easy to carry, several apps for different uses, and the advantage of having the entire world's information in your pocket. This will create obstacles as people shift towards mobiles and tablets rather than heavy computers, which will ultimately restrict the expansion of the computer peripherals market during the review period.
Impact of COVID-19 on the IT Peripherals Market
?The COVID-19 pandemic negatively affected the global economy and computer peripherals market. Governments imposed stringent confinement measures such as social separation, remote working, and the restriction of commercial activity, all of which posed operational issues. The supply chain market has been hampered due to the outbreak, and therefore, the delivery of computer peripherals is slowed down. Introduction of the IT Peripherals Market
A computing device or equipment that is a part of the computer but does not execute any fundamental computing processes is referred to as a peripheral. Computer peripherals include all storage, input, and output devices on a computer. Photo scanners, consoles, mice, webcams, and moderators' pens, are examples of computer peripheral input devices.
The ...
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Computer Peripherals Market By Size, Share, Trends, Growth, Forecast 2027, Segmented By Connectivity, By Product, By End-User, By Company and By Geography, Competition Forecast and Opportunities
| Pages | 110 |
| Market Size | |
| Forecast Market Size | |
| CAGR | |
| Fastest Growing Segment | |
| Largest Market | |
| Key Players |
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The PC Accessories Market Report is Segmented by Product Type (Mouse, Keyboards, Headsets, Monitor Arms, Gaming Chairs, Webcams), Connectivity (Wired, Wireless RF/Bluetooth, USB-C/Thunderbolt Docks, Hybrid Multi-Device), End User (Gaming Enthusiasts, Enterprise and Office, and More), Distribution Channel (Online Retail, Offline Retail, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
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TwitterIn an early 2025 survey, LG and Dell achieved the highest overall satisfaction score among ultrawide monitor brands. Both companies scored 8.8 and were followed by Samsung, with a score of 8.6.
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Europe Computer Peripherals Market size was USD 123315.36 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
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The global computer peripherals market size is forecast to grow from USD 491.89 billion to USD 1323 billion between 2025 and 2034, marking a CAGR of more than 10.4%. Leading companies in the industry include HP, Samsung, IBM, Apple,, Dell,, Microsoft, Ricoh Company, Toshiba..
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TwitterIn an early 2025 survey, MSI achieved the highest overall satisfaction score among GSync and FreeSync monitor brands. The company scored 9.3 and was followed by Asus and LG, each with scores of 9.1.
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Computer Accessories Market Size 2025-2029
The computer accessories market size is forecast to increase by USD 4.29 billion, at a CAGR of 5.3% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing popularity of e-sports and advances in technology. The rise of e-sports as a mainstream form of entertainment has led to a surge in demand for high-performance gaming peripherals, such as keyboards, mice, and headsets. These accessories enable gamers to enhance their gaming experience and gain a competitive edge. Moreover, advances in technology continue to shape the market, with new innovations in wireless charging, virtual and augmented reality, and ergonomic designs. However, the shift of casual gamers toward mobile phones and tablets presents a challenge for market players. As consumers increasingly rely on their smartphones for gaming, the demand for traditional computer accessories may decline. To capitalize on market opportunities and navigate challenges effectively, companies must stay abreast of emerging trends and consumer preferences, and continuously innovate to meet evolving needs.
What will be the Size of the Computer Accessories Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by advancements in technology and shifting consumer preferences. Wireless mouse latency, once a significant concern, has been significantly reduced, enabling seamless user experience. Projector lumen brightness and headset microphone sensitivity have seen notable improvements, enhancing multimedia presentations and remote work communications, respectively. Ergonomic keyboard designs, prioritizing user comfort, have gained traction, leading to increased productivity and reduced workplace injuries. Bluetooth connectivity range has expanded, allowing for more flexible workspaces and untethered device usage. A recent study projects that the market will grow by 7% annually over the next five years, reflecting the ongoing demand for innovative and functional accessories.
For instance, a leading technology company reported a 15% increase in sales of high-resolution webcams, highlighting the importance of clear visual communication in today's remote work landscape.
How is this Computer Accessories Industry segmented?
The computer accessories industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
External HDDs Gaming accessories Portable speakers Pointing devices Others
End-user
Business sector Consumer sector
Output Devices
Printers Monitors Speakers
Input Devices
Pointing Devices Webcams Scanners
Gaming Peripherals
Keyboards Mice Headsets
Geography
North America
US Canada
Europe
France Germany UK
APAC
China India Japan South Korea
South America
Brazil
Rest of World (ROW)
By Product Insights
The external HDDs segment is estimated to witness significant growth during the forecast period.
The market experienced significant growth in 2024, with external hard drives (HDDs) leading the revenue generation. External HDDs, connecting to computers to expand storage capacity, are essential for data backup and transfer. The escalating data usage and the risk of internal HDD failure necessitate the purchase of external HDDs, driving market growth. E-commerce platforms' proliferation and the ease of online purchasing contribute to the market surge. For instance, external HDD sales increased by 20% in 2023, demonstrating the segment's impact.
The market is projected to expand by 15% annually, reflecting the increasing demand for ergonomic keyboards, high-lumen projectors, sensitive headset microphones, and long-range Bluetooth connectivity. These accessories cater to users' comfort and productivity needs, enhancing their overall computing experience. The integration of high-resolution webcams, offering megapixel capabilities, further enriches the market trends.
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The External HDDs segment was valued at USD 5.85 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is witnessing significant growth, driven by advanced technological infrastructure and high internet penetration in regions like North America. The corporate, education, and gaming sectors are key contributors to this market's robust demand. In the external Hard Disk Drive (HDD)
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The Computer Peripherals Market is estimated to be valued at USD 544.6 billion in 2025 and is projected to reach USD 1416.8 billion by 2035, registering a compound annual growth rate (CAGR) of 10.0% over the forecast period.
| Metric | Value |
|---|---|
| Computer Peripherals Market Estimated Value in (2025 E) | USD 544.6 billion |
| Computer Peripherals Market Forecast Value in (2035 F) | USD 1416.8 billion |
| Forecast CAGR (2025 to 2035) | 10.0% |