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%

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, ...

In the year to March 2021, peripheral services made up around 49 percent of the overall global computer peripherals market, whilst supplies accounted for 22 percent of the market. The overall global peripherals market was valued at 238 billion U.S. dollars in that period.

Computer Peripherals Market Size Volume in Germany, 2023 Discover more data with ReportLinker!

Europe Computer Peripherals Market size will be USD 123315.36 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

In 2019, Asia Pacific was the largest computer peripherals market region worldwide, having a market share of 43 percent, whilst the Americas accounted for 31 percent of the global market. The overall global market size stood at 245 billion U.S. dollars in that year.

Asia Pacific Computer Peripherals Market size will be USD 94541.78 million in 2024 and will expand at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.

Forecast: Computer Peripherals Market Size Volume in Germany 2024 - 2028 Discover more data with ReportLinker!

In 2019, Canon was the leader of the global computer peripherals market. Canon's market share amounted to 23.7 percent, a reduction from their 24.3 percent share recorded in the year to the end of June 2019. The overall global market size stood at 245 billion U.S. dollars in that year.

The market size of the computer hardware, software and peripherals industry in Singapore reached a value of about 4.52 billion U.S. dollars in 2018 and is estimated to grow up to 4.1 billion U.S. dollars in 2019. The cause of this successful development lies in the comprehensive investment incentives by the Singapore government.

The PC Accessories Market Report is Segmented by Product (Mice (Gaming and Non-Gaming (Enterprise and Consumer)), Keyboards (Gaming and Non-Gaming (Enterprise and Consumer)), Headsets (Gaming and Non-Gaming (Commercial)), Monitor Arms, Gaming Chairs, and Webcams) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Value (USD) for all the Above Segments.

Over the forecast period until 2029, the revenue is forecast to exhibit fluctuations among the four segments. Concerning the four selected segments, the segment Storage Units has the largest revenue with 67.63 million U.S. dollars. Contrastingly, Keyboards is ranked last, with 13.12 million U.S. dollars. Their difference, compared to Storage Units, lies at 54.51 million U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of revenue in Indonesia and a comparison of countries or regions regarding revenue. The Statista Market Insights cover a broad range of additional markets.

Forecast: Computer Peripherals Market Size Value in Finland 2024 - 2028 Discover more data with ReportLinker!

The Global Computer and Peripherals Special Purpose Logic Ic is segmented by Geography.

Significant fluctuations are estimated for all segments over the forecast period for the revenue. In general, the revenue appear to exhibit a positive trend, with more segments showing increasing values rather than decreasing values until 2029. Among them, the segment Laptops attains the highest value throughout the entire period, reaching 67.66 billion U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of revenue in Portugal and a comparison of countries or regions regarding revenue. The Statista Market Insights cover a broad range of additional markets.

Computer Peripherals Market Size Volume in Italy, 2023 Discover more data with ReportLinker!

Comparing the seven different segments for the year 2029, the segment 'Storage Units' is forecast to led the ranking with 0.33 pieces. Contrastingly, 'Desktop PCs' is estimated to rank last, with 0 pieces. Their difference, compared to Storage Units, lies at 0.33 pieces. The indicator reaches a particularly high level in the segment Storage Units at the end of the forecast period. In this case, the value of the segment at 2029 is 0.33 pieces, significantly above the average of the last values, which is 0.06 pieces. Find other insights concerning similar markets and segments, such as a comparison of average price per unit (PPU) in Italy and a comparison of countries or regions regarding revenue. The Statista Market Insights cover a broad range of additional markets.

Computer Peripherals Market Size Value in Finland, 2021 Discover more data with ReportLinker!

Middle East and Africa Computer Peripherals Market size will be USD 8221.02 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.

The Asia Pacific gaming peripherals market size reached USD 1,490.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 3,030.0 Million by 2033, exhibiting a growth rate (CAGR) of 7.80% during 2025-2033.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 1,490.0 Million
Market Forecast in 2033	USD 3,030.0 Million
Market Growth Rate ( 2025-2033)	7.80%

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific gaming peripherals market report, along with forecasts at the regional and country level from 2025-2033. Our report has categorized the market based on product type, gaming device type, technology and distribution channel.