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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

Electrical Estimating Software Market size was valued at USD 2 Billion in 2024 and is projected to reach USD 4.08 Billion by 2031, growing at a CAGR of 10.23% from 2024 to 2031.

Global Electrical Estimating Software Market Drivers

Increasing Construction Activities: The global increase in construction projects, driven by urbanization, infrastructure development, and commercial building expansions, fuels the demand for precise and efficient estimating software to improve project planning and budgeting procedures.

Building Information Modeling (BIM) Adoption: Using BIM technology improves collaboration and coordination among project stakeholders, generating demand for estimating software that interacts easily with BIM platforms to increase project accuracy and efficiency.

Focus on Cost Efficiency and Sustainability: Businesses are investing in improved estimating tools as the emphasis shifts toward cost efficiency and sustainable construction methods. The United States Green Building Council said that LEED-certified buildings use 25% less energy and 11% less water than non-certified buildings. Electrical estimation software that can precisely assess and improve energy-efficient systems is becoming increasingly popular as a means of meeting sustainability targets while being cost-effective.

Technological Advancements: Software capabilities, such as artificial intelligence (AI) and machine learning (ML) algorithms for predictive analytics, are revolutionizing estimation software. These technologies provide more accurate forecasting, risk management, and decision-making capabilities, resulting in widespread use across sectors.

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Insurance Software Market Size 2025-2029

The insurance software market size is forecast to increase by USD 9.87 billion, at a CAGR of 9.3% between 2024 and 2029.

The market is experiencing significant growth and transformation, driven by increasing government regulations mandating insurance coverage in developing countries and the integration of wearables into customer engagement metrics for life insurance. These trends reflect a growing emphasis on risk management and personalized customer experiences. However, the market also faces challenges, including a tightening regulatory environment for insurance players. Compliance with evolving regulations is essential to maintain market position and mitigate potential penalties. Additionally, the integration of wearables presents opportunities for more accurate risk assessment and personalized pricing, but also raises concerns around data privacy and security.
To capitalize on market opportunities and navigate challenges effectively, insurance providers must stay informed of regulatory changes and invest in robust data security measures. By embracing technology and adapting to regulatory requirements, insurers can enhance their offerings and build stronger relationships with customers.

What will be the Size of the Insurance Software 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, with dynamic market activities shaping its landscape. Entities reporting and analytics, user experience (UX), regulatory reporting, integration APIs, database management, machine learning (ML), data security, cloud computing, data privacy, sales management, and various other components are increasingly integrated to offer comprehensive solutions. Policy issuance, customer portals, document management, and broker management are seamlessly integrated into the policy lifecycle, enabling efficient and effective operations. Predictive analytics, microservices architecture, and agile development are transforming the industry, allowing insurers to make data-driven decisions and respond quickly to market trends. User interface (UI) and mobile applications are essential for enhancing the customer experience, while API integrations and sales force automation streamline internal processes.

Actuarial modeling, billing systems, quality assurance (QA), commission management, and premium calculation are crucial for accurate risk assessment and pricing. Data analytics, claims management, reporting & analytics, and machine learning (ML) are at the forefront of innovation, enabling insurers to detect fraud, process claims efficiently, and gain valuable insights from vast amounts of data. Data security, cloud computing, and data privacy are paramount in ensuring the protection of sensitive information. The ongoing evolution of the market reflects the industry's commitment to meeting the ever-changing needs of customers and regulatory requirements. The integration of these advanced technologies and processes will continue to reshape the market, offering new opportunities for growth and efficiency.

How is this Insurance Software Industry segmented?

The insurance software 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.

Deployment

  On-premises
  Cloud-based


Type

  Life insurance
  Accident and health insurance
  Property and casualty insurance
  Others


End-user

  Insurance companies
  Agencies
  Brokers


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.

The market is witnessing significant growth due to the adoption of advanced technologies such as predictive analytics, microservices architecture, and artificial intelligence (AI) in policy administration, claims management, and risk management. Customer portals and document management systems facilitate seamless interaction between insurers and policyholders, enhancing the user experience (UX). Policy issuance and renewal management are streamlined through API integrations and agile development, enabling real-time processing. Mobility is a key trend, with insurers developing mobile applications to cater to the growing demand for on-the-go access to insurance services. Data analytics and regulatory reporting are essential components, ensuring compliance with industry regulations and providing valuable insights for strategic decision-making.

Policy lifecycle