The computer peripheral manufacturing industry in the US has faced significant shifts in market dynamics since 2020, where revenue declined sharply because of disrupted supplies of crucial semiconductors and electronic inputs. As supply chains and demand have stabilized since the pandemic, US manufacturers have benefited from more downstream customers focusing on diversifying their supply sources in favor of domestic manufacturers. As imports have become less competitive compared to previous periods, US companies have benefited from a greater market foothold. With tensions involving China also contributing towards a weakening of import growth, industry revenue has increased at a CAGR of 1.8% over the past five years, which includes growth of 1.2% to reach $12.0 billion during 2025. Profit growth meanwhile, has remained steady as improvements in manufacturing efficiencies have been offset by higher purchasing costs in recent years. In-demand storage solutions have evolved alongside the prolific adoption of cloud infrastructure and additional technology. Leading storage device manufacturers have capitalized on these trends, developing reliable high-capacity storage devices tailored for cloud storage and AI applications. Similarly, demand for wireless and Bluetooth peripherals has surged to support remote workspaces and e-commerce has become a valuable channel for these manufacturers. Moving forward, rising geopolitical tensions, especially between China and Taiwan, pose significant risks to the industry's supply chain reliability. Taiwan's role as a semiconductor hub continues to make the industry's supply chain vulnerable and potential conflicts could disrupt production for US manufacturers reliant on Taiwanese semiconductors. To mitigate risks, the US CHIPS Act will continue to foster domestic semiconductor production, offering future stability to US manufacturers that proactively diversify their source inputs. This will be crucial as AI integration will continue reshaping the industry, with manufacturers incorporating AI into products and production processes to meet demand for products and become more efficient. As the market matures, industry consolidation is anticipated, though demand for industry products will remain high moving forward. As a result, industry revenue is forecast to increase at a CAGR of 2.3% over the five years to 2030 to reach $13.4 billion.

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.

Impact of Covid-19 on the Computer Peripherals Market

The COVID-19 pandemic has had a significant impact on the Computer Peripheral Market, disrupting both supply and demand dynamics. On the supply side, lockdown measures, factory closures, and disruptions in global supply chains have led to delays in manufacturing and distribution of computer peripherals. Many companies have faced challenges in sourcing raw materials and components, resulting in production bottlenecks and shortages of certain products. Additionally, ...

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.

Global Computer Peripheral Equipment market size is expected to reach $189.24 billion by 2029 at 3.4%, segmented as by type, mouse, keyboard, monitor, printer, scanner

Expert industry market research on the Computer Peripheral Manufacturing in the US (2005-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

The net valuation of the global computer peripherals market is anticipated to be around US$ 446 billion in 2023. Decreasing prices of consumer peripheral devices are anticipated to boost the demand, thereby, garnering US$ 1,214.1 billion in 2033. The market is likely to record a CAGR of 10.5% from 2023 to 2033.

Attribute	Details
Computer Peripherals Market Valuation in 2022	US$ 409.55 billion
Estimated Global Market Share in 2023	US$ 446 billion
Forecasted Global Market Size by 2033	US$ 1,214.1 billion
Projected Global Market Growth Rate from 2023 to 2033	10.5% CAGR

What is the Segmentation Analysis of the Global Computer Peripherals Market?

Category	By Connectivity
Top Segment	Wired Computer Peripherals
Market Share in Percentage	59.4%

Category	By End Use
Top Segment	Commercial
Market Share in Percentage	60.3%

Which are the Regions Boosting the Global Computer Peripherals Market?

Regional Market Comparison	Global Market Share in Percentage
North America	32.1%
Europe	25.5%

Regional Market Comparison	Global Market Share in Percentage
United States	17.6%
Germany	10.4%
Japan	5.4%
Australia	2.6%

Countries	CAGR (2023 to 2033)
United States	9.7%
United Kingdom	9.9%
China	12.5%
Japan	12.1%
India	12.2%

Global computer hardware manufacturers produce a diverse range of products, including desktop and laptop personal computers (PCs), computer peripherals and storage devices. Through the current period, competing trends have defined performance. Growing competition from tablet devices and mobile phones has eroded demand for traditional PCs worldwide, culminating in declining PC shipments despite robust demand during the pandemic. Price competition has also limited manufacturers' potential. Overall, revenue has contracted at an estimated CAGR of 3.2% through the current period to $227.6 billion, despite a 2.7% recovery in 2024, where profit reached 6.2%. Portability and weight are crucial development points for computer hardware manufacturers, especially as next-generation wireless technology matures in developed markets and internet access spreads worldwide. Demand for traditional desktop computers has dissipated at a time when notebook and desktop prices have converged. In particular, mobile devices have chipped away at the sales of desktops and notebooks, limiting growth opportunities. This trend has led to many recognized brands exiting the industry or shifting to smartphones, wearables and other handheld technologies in search of higher returns. Manufacturers will generate steady revenue through the outlook period, particularly as internet connectivity and global consumer sentiment rise. In particular, global shipment prices will stabilize, with higher incomes supporting increased demand for high-end computers in developed markets. Even so, many companies will prioritize investment for alternative mobile solutions. Similarly, price competition and rising demand for tablets will keep many smaller, less recognizable computer manufacturers from achieving stable growth. Also, many companies will continue to consolidate, acquiring smaller, innovative brands; others will prioritize partnerships and joint ventures with technology and semiconductor companies. Overall, revenue will rebound at an expected CAGR of 0.6% to 234.0 billion through the outlook period, where profit will reach 6.3%.

Since 2019, the IT equipment and accessories manufacturing sector has recorded negative growth on average. Turnover in the sector has fallen by an average of 10.7% per year over the past five years to 3.5 billion euros. In 2020 in particular, turnover slumped by 50.2 %. The immense decline in turnover in 2020 is mainly due to the closure of the production site of the largest industry player Fujitsu. IBISWorld expects industry turnover to fall by 1.7% in the current year.Although the ongoing digitalisation of society and business processes is having a positive impact on the industry, industry players can only benefit from this to a limited extent. This is because countries with lower production costs, such as China, benefit from mass production, which enables them to offer their products at lower prices than German manufacturers. As industry players cannot compete with these low prices due to higher production costs in Germany, they have not been able to achieve quality leadership in IT devices such as laptops and tablets. One way to achieve international success despite this is to develop and produce niche products such as servers or self-service terminals. Competition is less fierce in these areas and technological innovations can be achieved with less effort.IBISWorld expects the industry's turnover to fall by an average of 1.5% per year to 3.2 billion euros by 2029. One of the reasons for this is likely to be strong international competitive pressure. In addition, foreign manufacturers of IT equipment and accessories have little incentive to open new production facilities or expand existing ones in Germany, as the market is already saturated. Following the withdrawal of Fujitsu Technology Solutions GmbH from the market, it is mainly companies that remain in the market that are focussed on niche segments and not on the highly competitive mass market. The industry's profit margin is therefore likely to increase between 2024 and 2029.

Graph and download economic data for Producer Price Index by Industry: Computer and Peripheral Equipment Manufacturing (PCU3341133411) from Jan 1995 to May 2025 about computers, equipment, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Computer Terminal and Other Computer Peripheral Equipment Manufacturing (PCU334118334118) from Dec 1993 to May 2025 about computers, equipment, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Computer and gaming retailers provide a variety of products like PCs, laptops, tablets, software, and gaming systems through physical stores and sometimes online platforms. Purely online retailers are excluded. These outlets offer both hardware and software solutions to meet the demands of technology and entertainment consumers.

The global computer peripheral device market is experiencing robust growth, driven by several key factors. The increasing adoption of high-performance computing, particularly in gaming and professional creative fields, fuels demand for advanced peripherals like high-refresh-rate monitors, ergonomic keyboards and mice, and sophisticated audio equipment. Furthermore, the burgeoning work-from-home trend and the rise of remote collaboration have significantly increased the demand for reliable and high-quality peripherals, boosting sales across various segments. The market is segmented by device type (keyboards, mice, monitors, headsets, printers, etc.), with monitors and headsets exhibiting particularly strong growth due to their integral role in gaming, video conferencing, and multimedia consumption. Leading players like HP, IBM, Apple, Logitech, Epson, Corsair, Microsoft, Razer, Asus, and Alienware are actively competing through innovation, product diversification, and strategic partnerships, contributing to a dynamic and competitive market landscape. We estimate the market size in 2025 to be $250 billion based on the presence of major players and industry growth trends, with a projected Compound Annual Growth Rate (CAGR) of 7% for the forecast period. Significant trends shaping the future of the computer peripheral device market include the increasing integration of smart technologies, the rise of e-sports and professional gaming, and the growing demand for sustainable and environmentally friendly products. The market is also witnessing a shift towards wireless and portable peripherals, driven by convenience and flexibility. However, potential restraints include economic fluctuations impacting consumer spending, the increasing saturation of the market in certain regions, and the rising cost of raw materials. Nevertheless, ongoing technological advancements, particularly in areas like augmented reality (AR) and virtual reality (VR), are expected to create new growth opportunities and drive innovation in the coming years. The market is poised for sustained expansion, propelled by evolving user needs and technological breakthroughs.

Graph and download economic data for Producer Price Index by Industry: Computer Terminal and Other Computer Peripheral Equipment Manufacturing: Secondary Products (PCU334118334118S) from Aug 1994 to Apr 2025 about computers, secondary, equipment, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Computer Peripheral Equipment Market Outlook

The global computer peripheral equipment market is projected to grow significantly, with a market size of approximately USD 250 billion in 2023 and anticipated to reach USD 400 billion by 2032, demonstrating a compound annual growth rate (CAGR) of 5.2%. This robust growth trajectory is primarily driven by the rapid advancements in technology, a surge in digital transformation across various sectors, and the increasing demand for sophisticated peripheral devices. The proliferation of IoT devices, growing adoption of cloud computing, and the trend towards smart homes and offices have further fueled this market's expansion, enabling both enterprises and residential users to enhance their computing capabilities and efficiency.

One of the primary growth factors in the computer peripheral equipment market is the increasing reliance on digitalization and automation across industries. Organizations are increasingly adopting advanced peripheral devices to support their IT infrastructure, streamline operations, and improve productivity. This trend is particularly evident in sectors like healthcare, manufacturing, and education, where the deployment of peripherals such as advanced printers, scanners, and biometric devices contribute to greater efficiency and operational excellence. The integration of artificial intelligence and machine learning with peripherals is also revolutionizing the way businesses operate, providing smarter solutions and enhanced user experiences.

Consumer demand for enhanced user experience and productivity tools is another significant driver for the computer peripheral equipment market. With the rise in remote working environments and home offices, there is a substantial increase in the need for peripherals that offer seamless connectivity and functionality. Products like ergonomic keyboards, high-definition monitors, and noise-cancelling headphones are becoming essential for both professional and personal use. Additionally, the gaming industry is a crucial contributor to this market, with gamers demanding high-performance peripherals such as wireless headsets, gaming mice, and specialized controllers, which enhances the immersive gaming experience.

Technological innovations and product diversification play a crucial role in the market's growth. Manufacturers are continuously innovating to offer cutting-edge devices that meet the evolving needs of users. The advent of wireless technology has revolutionized the market, with a shift from traditional wired peripherals to wireless options that offer greater flexibility and mobility. Furthermore, the emphasis on sustainability and eco-friendly products is driving manufacturers to develop peripherals that are energy-efficient and made from recyclable materials. This trend not only caters to environmentally conscious consumers but also aligns with global sustainability initiatives, further bolstering market demand.

Regionally, North America is expected to maintain a leading position in the computer peripheral equipment market, driven by the high adoption rate of advanced technologies, a well-established IT infrastructure, and a strong consumer base. The Asia Pacific region, however, is anticipated to witness the highest growth rate due to rapid industrialization, a burgeoning middle class, and increasing investments in IT and telecommunications infrastructure. The growing emphasis on digital education and e-learning in countries like India and China is also propelling the demand for peripherals in this region. Meanwhile, Europe is experiencing steady growth, supported by increasing government initiatives to promote digitalization and smart technology adoption.

Product Type Analysis

In the computer peripheral equipment market, the product type segment is categorized into input devices, output devices, storage devices, and others. Input devices, which include keyboards, mice, and webcams, are essential for user interaction with computers and are seeing continuous demand due to the increasing need for ergonomic and high-precision tools, particularly in professional and gaming environments. The demand for wireless and Bluetooth-enabled input devices is on the rise, offering more flexibility to users. Technological advancements in this category, such as touchless input devices and voice-activated controllers, are providing new growth avenues for manufacturers and enhancing user experiences.

Output devices, primarily including monitors, printers, and projectors, constitute another significant segment within the market. The evolution of display technologies an

The PC Accessories Market report segments the industry into By Product (Mice, Keyboard, Headset, Monitor Arms, Gaming Chairs, Webcams) and By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). This report provides five years of historical data and offers market forecasts for the next five years.

Computer Peripheral ICs Market Outlook

The global computer peripheral ICs market size was valued at approximately USD 8.5 billion in 2023 and is projected to reach around USD 15.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2032. This growth is fueled by the relentless expansion of digital infrastructure and the rising demand for enhanced computing peripherals.

A key growth factor driving the market is the increasing adoption of advanced technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT), which necessitate the integration of efficient and sophisticated computer peripherals. The surge in consumer electronics, including desktops, laptops, and gaming consoles, further propels the demand for integrated circuits (ICs) that enhance functionality and user experience. Moreover, the proliferation of smart devices and the ongoing digital transformation across various industries are contributing significantly to the rising demand for computer peripheral ICs.

Another pivotal growth driver is the continuous innovation and development within the semiconductor industry. Companies are investing heavily in research and development to create ICs that offer higher performance, reduced power consumption, and greater miniaturization. These advancements are crucial for meeting the evolving requirements of end-users and staying competitive in the market. Additionally, the growing trend of automation in industrial applications is boosting the need for reliable and robust peripheral ICs, further expanding the market’s scope.

The increasing penetration of the automotive sector into the realm of digitalization and connectivity is another major factor contributing to the market growth. Modern vehicles are equipped with an array of digital systems such as infotainment, navigation, and advanced driver-assistance systems (ADAS), all of which require high-performance ICs to function effectively. The automotive industry's focus on electric and autonomous vehicles is expected to further drive the demand for computer peripheral ICs in the coming years.

Regionally, the Asia Pacific region is poised to dominate the market owing to its robust electronics manufacturing sector and the presence of leading semiconductor companies. Countries like China, Japan, and South Korea are at the forefront of technological innovation, offering a conducive environment for the growth of computer peripheral ICs. Additionally, the increasing consumer base and rising disposable incomes in the region are expected to further fuel market expansion. North America and Europe are also significant markets due to their advanced technological infrastructure and high adoption rates of new technologies.

Product Type Analysis

USB ICs, which are integral to establishing connectivity between various computer peripherals, hold a considerable share in the market. The widespread usage of USB devices like flash drives, external hard drives, and other plug-and-play devices drives the demand for USB ICs. The ongoing evolution of USB standards from USB 2.0 to the more advanced USB 4.0, offering higher data transfer rates and enhanced power delivery, further boosts the market growth. Additionally, the rising trend of wireless USB technology is anticipated to provide new growth avenues for USB ICs in the future.

HDMI ICs are another significant product segment, catering to the increasing demand for high-definition multimedia interfaces in consumer electronics. With the surge in high-definition and 4K televisions, gaming consoles, and advanced display technologies, HDMI ICs are becoming increasingly important. The ongoing transition from traditional display interfaces to more advanced HDMI standards that support higher resolutions and faster refresh rates is expected to drive this segment's growth. The integration of HDMI ICs in automotive infotainment systems also contributes to their market expansion.

Display ICs are critical for managing the functionality of screens in various devices, including smartphones, tablets, laptops, and monitors. The growth of the consumer electronics market, with a particular emphasis on high-resolution displays and touch screen interfaces, is driving the demand for display ICs. Innovations in display technologies, such as OLED and flexible displays, require advanced ICs to manage their complex functionalities, thereby fueling the growth of this segment. Additionally, the increasing adoption of display ICs in automotive and industrial applications is anticipated to further bolster the mar

Global Computer Hardware market size is expected to reach $972.16 billion by 2029 at 6.3%, segmented as by type, computer peripheral equipment, computer storage devices and servers, computers

United States - Producer Price Index by Industry: Computer Terminal and Other Computer Peripheral Equipment Manufacturing: Parts, Attachments, Subassemblies, and Accessories for Point of Sale (POS) Terminals and Other Computer Peripherals was 130.90000 Index Dec 1993=100 in December of 2018, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Computer Terminal and Other Computer Peripheral Equipment Manufacturing: Parts, Attachments, Subassemblies, and Accessories for Point of Sale (POS) Terminals and Other Computer Peripherals reached a record high of 130.90000 in April of 2017 and a record low of 93.80000 in October of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Computer Terminal and Other Computer Peripheral Equipment Manufacturing: Parts, Attachments, Subassemblies, and Accessories for Point of Sale (POS) Terminals and Other Computer Peripherals - last updated from the United States Federal Reserve on June of 2025.

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Forecast: Production in Wholesale of Computers, Computer Peripheral Equipment and Software Sector in Germany 2024 - 2028 Discover more data with ReportLinker!