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The gaming hardware market is expected to grow steadily between 2025 and 2035 on the strength of growing demand for high-performance gaming consoles, computer gaming peripherals, and interactive gaming technologies. The market is also expected to reach USD 40.43 billion in 2025 and reach USD 65.43 billion by 2035 at a compound annual growth rate (CAGR) of 4.9% over the forecast period.
Contract & Deals Analysis - Gaming Hardware Market
Company | Contract Value (USD Million) |
---|---|
Sony Interactive Entertainment | Approximately USD 130 - USD 140 |
Microsoft Xbox | Approximately USD 120 - USD 130 |
NVIDIA Corporation | Approximately USD 110 - USD 120 |
Razer Inc. | Approximately USD 90 - USD 100 |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 10.9% |
China | 11.5% |
Germany | 10.2% |
Japan | 10.6% |
India | 11.9% |
Australia | 10.4% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Sony Interactive Entertainment | 20-25% |
Microsoft Xbox | 15-20% |
NVIDIA Corporation | 10-15% |
AMD (Advanced Micro Devices) | 8-12% |
Nintendo | 5-10% |
Razer Inc. | 4-8% |
Other Companies (combined) | 30-38% |
Europe Gaming Hardware Market Size 2024-2028
The Europe gaming hardware market size is forecast to increase by USD 3.91 billion, at a CAGR of 5% between 2023 and 2028.
The European gaming hardware market is experiencing significant growth, driven by the increasing popularity of e-sports games and multiplayer video games. The region's burgeoning gaming community is fueling demand for advanced gaming hardware to support immersive AR/VR gaming experiences. However, this market expansion faces challenges. The proliferation of counterfeit gaming industry products poses a significant threat, as these inferior alternatives undermine the value proposition of authentic offerings. Companies must prioritize quality and security to differentiate themselves and maintain customer trust. Additionally, staying abreast of evolving gaming trends and technologies is crucial for market success.
Adapting to these dynamics requires strategic planning, innovative product development, and effective marketing strategies. By focusing on these opportunities and challenges, gaming hardware providers can capitalize on the market's potential and navigate the competitive landscape effectively.
What will be the size of the Europe Gaming Hardware Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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In Europe's dynamic gaming hardware market, haptic feedback technology is gaining traction, enhancing user experience (UX) for gamers. Facebook Gaming and YouTube Gaming are leading streaming platforms, driving e-sports prize pools to new heights. E-sports leagues and teams are at the forefront of innovation, with high refresh rates and low input lag becoming essential for optimal game performance. RGB lighting and mechanical switches are popular customization options, while game optimization and system requirements remain key considerations.
E-sports players and sponsors continue to shape gaming culture, with e-sports viewership reaching unprecedented levels. Streaming software and e-sports events are essential components of this thriving industry, offering fans an immersive experience with minimal frame rate drops and response time delays.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Consoles
PC
Accessories
Geography
Europe
France
Germany
UK
By Product Insights
The consoles segment is estimated to witness significant growth during the forecast period.
Gaming consoles, which serve as computer devices for video signal output, have evolved significantly from cartridge-based systems to those with built-in storage. Innovative features like touch controls, voice recognition, and gesture control continue to be integrated. The e-sports phenomenon has fueled the growth of the market, with casual gamers also catered to by options such as OUYA, PlayStation Vita TV, Amazon Fire TV, and Apple TV. Artificial intelligence and machine learning have become essential in gaming, enhancing user experiences through personalized recommendations and improved gameplay. Game marketing strategies have shifted towards subscription services, sponsorships, and influencer partnerships, while multiplayer gaming and competitive tournaments continue to attract large audiences.
Virtual reality and augmented reality technologies have added immersive dimensions to gaming, further expanding the market. Gaming software, including game engines and development tools, have seen significant advancements, enabling the creation of high-quality, engaging games. Free-to-play games have gained popularity, with in-game purchases contributing to revenue growth. Gaming peripherals, such as gaming chairs, headsets, keyboards, and mice, offer enhanced gaming experiences, while cooling systems ensure optimal performance. The gaming industry revenue continues to grow, driven by technological advancements and increasing consumer interest. Data privacy concerns have emerged as a significant issue, with companies implementing robust security measures.
Cloud gaming and console gaming have emerged as viable alternatives to traditional PC gaming, while game testing and localization ensure high-quality releases. In conclusion, the European gaming market is a dynamic and evolving landscape, driven by technological advancements, changing user demographics, and shifting market trends. From gaming consoles and accessories to software and services, the market offers a diverse range of products and experiences for gamers of all types. As the industry continues to grow, we can expect further innovations and developments that will shape th
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The North America Gaming Hardware and Accessories Market Report is Segmented by Product Type (Gaming PCs, Gaming Consoles, and More), Component (Hardware, Peripherals and Accessories), Connectivity Technology (Wired, Wireless), End User (Casual Gamers, Professional Gamers, Gaming Cafés, Others), and Geography (United States, Canada). The Market Forecasts are Provided in Terms of Value (USD).
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The Gaming Hardware Market size is expected to reach USD 67,256.13 Million in 2031 at a CAGR of 6.8%. And discover growth opportunities, challenges, and key players shaping the future of gaming hardware
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According to Cognitive Market Research, the global gaming hardware market size will be USD 37814.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2025 to 2033.
North America held the major market share for more than 40% of the global revenue with a market size of USD 13991.48 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 10966.29 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 9075.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 1436.96 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 1512.59 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 831.93 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2025 to 2033.
Accessories (controllers, headsets, etc.) category is the fastest growing segment of the gaming hardware industry
Market Dynamics of Gaming Hardware Market
Key Drivers for Gaming Hardware Market
Technological Advancements in Gaming Consoles and PCs Drives Market Growth
Technological advancements in gaming consoles and PCs are a significant driver of market growth in the gaming hardware industry. Enhanced graphics processing units (GPUs), faster processors, and improved storage capacities enable consoles and PCs to deliver superior performance, supporting high-resolution, immersive gaming experiences. The introduction of ray tracing technology and 4K/8K gaming further elevates the demand for cutting-edge gaming systems. Additionally, advancements in cloud gaming and virtual reality (VR) are pushing hardware innovation, leading to the development of more powerful systems to handle complex game graphics and applications. These technological improvements attract both casual and professional gamers, driving hardware sales and fueling market expansion as consumers seek next-generation gaming setups.
Rising Popularity of Esports Tournaments and Competitive Gaming Fuels Market Growth
The rising popularity of esports tournaments and competitive gaming is significantly fueling growth in the gaming hardware market. As esports gains mainstream attention, it creates a demand for high-performance gaming systems capable of handling the intensive requirements of competitive play. Players and fans alike are investing in advanced gaming consoles, graphics cards, gaming PCs, and accessories to enhance their experiences. The increasing number of professional tournaments, streaming platforms, and large-scale events drives interest in specialized equipment designed for peak performance. Furthermore, the growing esports industry influences game developers and hardware manufacturers, ensuring continuous innovation to meet the evolving needs of competitive gamers. This trend has expanded the gaming hardware market considerably.
Restraint Factor for the Gaming Hardware Market
Limited Internet Infrastructure in Some Regions Hindering Online Gaming Experiences
Limited internet infrastructure in some regions is a significant restraint for the gaming hardware market, as it hinders smooth online gaming experiences. For online multiplayer games, high-speed internet is essential for real-time communication, seamless gameplay, and avoiding lag. In areas with unreliable or slow internet connections, gamers experience delays, disconnections, and reduced quality, which negatively impacts user satisfaction and overall gaming experience. This issue also affects the growing cloud gaming sector, where a strong and stable internet is crucial for streaming games. As a result, the demand for high-end gaming hardware, such as powerful consoles or PCs, may be reduced in regions with poor internet infrastructure, limiting market growth.
Impact of Trump Tariffs on the Gaming Hardware Market
Trump’s 145% tariff on Chinese imports directly raises gaming hardware costs, as 86% of c...
In 2023, the global video gaming hardware market generated revenues of about *** billion U.S. dollars. These figures are projected to increase to ****** billion U.S. dollars in 2032. Hardware accounts for a much bigger share of the gaming market than the software segment.
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The Gaming Accessories Market report segments the industry into Product Type (Gamepads/Joysticks, Gaming Keyboards, Gaming Mice, Gaming Headsets, Virtual Reality Devices), Device Type (PC (Desktop and Laptop), Gaming Consoles, Smartphones), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). Get five years of historical data alongside five-year market forecasts.
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The size of the Gaming Hardware Market market was valued at USD 35.2 USD Billion in 2023 and is projected to reach USD 59.94 USD Billion by 2032, with an expected CAGR of 7.9% during the forecast period. Gaming hardware relates to those tangible items used in playing games or on game consuls Gaming hardware consists of consoles, controllers, and any other related components. Some key types are gaming desktops and laptops which are high-end PCs with the best CPUs and GPUs, gaming consoles such as PlayStation and Xbox that provide a very smooth and intuitive interface for the gamer and lastly, gaming peripherals which enhance the gamer’s controls and input devices such as keyboards, mice and controllers. Some of the characteristics of gaming hardware may include the resolution of the inputs, refresh rates, and the ability to customize inputs to accomplish optimized input. It applies to popular categories: shooters, which translate into inadequate graphics and rapid movement, and RPGs, where superior hardware is potentized in elaborate graphics and accelerated game pace. This, in turn, is to provide a player with entertaining and high-quality gameplay considering his/her specifics and requirements. Key drivers for this market are: Burgeoning Demand for Big Data Analytics among Organizations to Aid Market Growth. Potential restraints include: Lack of Awareness about Cyber Security and Vulnerability to Hinder Growth.
Over the last two observations, the average revenue per user is forecast to significantly increase in all segments. However, it can be observed that the growth of all ** segments slows down in the later stages of the forecast period. Explicitly, the segment Mice & Keyboards registers the smallest increase in 2030, with a value of *** U.S. dollars. Find further statistics on other topics such as a comparison of the revenue change in Sweden and a comparison of the average revenue per user in Hong Kong. The Statista Market Insights cover a broad range of additional markets.
The video game hardware market in Japan was valued at 224 billion Japanese yen in fiscal year 2020. While there was no long-term increase expected in the case of hardware revenues, the total value of the video game market in Japan was projected to grow further in the coming years. The increase was said to come about by the growth of social games, which was treated as a separate category next to video game software and video game hardware by the source.
As per our latest research, the global PC gaming hardware market size reached USD 46.7 billion in 2024, demonstrating robust momentum driven by evolving consumer preferences and ongoing technological advancements. The market is anticipated to expand at a CAGR of 7.8% from 2025 to 2033, with projections indicating a market value of approximately USD 92.1 billion by 2033. This impressive growth trajectory is underpinned by the rising popularity of immersive gaming experiences, increasing esports participation, and continuous innovation in gaming hardware technologies.
One of the primary growth factors fueling the PC gaming hardware market is the surge in demand for high-performance gaming systems among both casual and professional gamers. As gaming titles become more graphically intensive and require greater computational power, consumers are increasingly seeking advanced desktops, laptops, and peripherals that can deliver seamless and immersive experiences. The proliferation of high-refresh-rate monitors, ultra-fast SSDs, and powerful graphics cards is transforming the gaming landscape, enabling users to enjoy visually stunning and responsive gameplay. Additionally, the widespread adoption of virtual reality (VR) and augmented reality (AR) in gaming has spurred the need for specialized hardware, further driving market expansion.
Another significant driver is the exponential growth of the esports industry, which has created a burgeoning market for professional-grade gaming hardware. Esports tournaments attract millions of viewers and participants worldwide, necessitating cutting-edge equipment to ensure competitive fairness and optimal performance. Gaming hardware manufacturers are responding to this trend by collaborating with esports organizations to develop products tailored for professional use, including high-precision peripherals and overclocked processors. The increasing sponsorship and investment in esports have also contributed to the rapid adoption of premium hardware across gaming cafes and training centers, amplifying market growth.
Furthermore, the rise of online content creation and live streaming has elevated the importance of advanced PC gaming hardware. Influencers, streamers, and content creators demand powerful systems capable of handling resource-intensive tasks such as real-time broadcasting, video editing, and multi-tasking while gaming. This has led to a surge in demand for multi-core processors, high-capacity memory, and sophisticated cooling systems. The trend towards custom-built gaming rigs and the growing DIY (Do-It-Yourself) culture among gaming enthusiasts have also spurred innovation in modular components and upgradable systems, making the market increasingly dynamic and consumer-centric.
Regionally, Asia Pacific remains the dominant force in the PC gaming hardware market, accounting for the largest share due to its expansive gamer base, thriving esports ecosystem, and rapid urbanization. North America and Europe also represent significant markets, driven by high disposable incomes, technological advancements, and a strong culture of gaming and content creation. Emerging economies in Latin America and the Middle East & Africa are witnessing accelerated growth, propelled by increasing internet penetration and rising interest in competitive gaming. As regional markets continue to evolve, manufacturers are tailoring their offerings to cater to diverse consumer preferences and regulatory landscapes.
The product type segment within the PC gaming hardware market encompasses a wide array of offerings, including gaming desktops, gaming laptops, gaming monitors, graphics cards, peripherals, and other related devices. Gaming desktops continue to be a preferred choice for enthusiasts who prioritize performance, customization, and upgradability. These systems are built with high-end components such as advanced graphics cards, powerful processors, and ample storage, enabling them to ha
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The Gaming Hardware is projected to be valued at $50 billion in 2024, driven by factors such as increasing consumer awareness and the rising prevalence of industry-specific trends. The market is expected to grow at a CAGR of 8%, reaching approximately $100 billion by 2034.
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The global gaming hardware market size is projected to witness substantial growth, with estimates indicating it will reach approximately USD 65 billion in 2023 and soar to an impressive USD 125 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 7.1%. This remarkable growth trajectory is fueled by several factors, including the increasing popularity of gaming as a mainstream form of entertainment, technological advancements, and the growing esports industry. The rapid proliferation of high-speed internet and the significant rise in the number of smartphone users have made gaming more accessible, which is a crucial driver of this market's expansion. Furthermore, the increasing integration of augmented reality (AR) and virtual reality (VR) technologies into gaming experiences has captured consumer interest, contributing substantially to market growth.
The evolution of gaming content and the demand for immersive experiences are key drivers propelling the market forward. With gaming becoming an integral aspect of social interaction, players seek more engaging and realistic environments, leading to heightened demand for cutting-edge gaming hardware. The market is also being driven by the development of next-generation consoles and gaming PCs, which offer enhanced graphics, faster processing speeds, and innovative features like ray tracing and adaptive sync technology. These advancements not only improve the gaming experience but also encourage consumers to upgrade their existing hardware, fostering continuous market growth. Furthermore, the burgeoning esports industry is playing a crucial role in driving the demand for specialized gaming equipment, as professional players and teams require high-performance hardware to gain a competitive edge.
The growing acceptance and integration of cloud-based gaming services are expected to further fuel market expansion. As major technology companies invest in cloud gaming platforms, the demand for compatible gaming hardware is anticipated to rise. This trend underscores the importance of continuous innovation and adaptation by gaming hardware manufacturers to meet evolving consumer preferences and technological advancements. Additionally, the rise of user-generated content platforms and the proliferation of gaming influencers are significantly impacting consumer behavior, driving interest and investment in gaming hardware. These platforms not only promote games but also showcase advanced hardware capabilities, encouraging purchases among gaming enthusiasts and casual players alike.
Regionally, Asia Pacific is poised to dominate the gaming hardware market, driven by the presence of a large gaming population and rapidly growing economies. The increasing disposable income, coupled with the widespread adoption of smartphones and the internet, is contributing to the market's expansion in this region. North America and Europe are also significant markets, driven by technological advancements, high consumer spending on entertainment, and the established presence of major gaming companies. Meanwhile, the Latin America and Middle East & Africa regions are experiencing steady growth, although at a slower pace, primarily due to increasing penetration of gaming devices and internet connectivity improvements.
Gaming Accessories have become an essential part of the gaming ecosystem, enhancing the overall experience for players across different platforms. These accessories, ranging from high-quality headsets to precision gaming mice, provide gamers with the tools they need to fully immerse themselves in their favorite titles. As the demand for personalized and ergonomic gaming setups grows, manufacturers are focusing on creating products that not only offer superior performance but also cater to the aesthetic preferences of users. The rise of competitive gaming has further fueled the need for specialized accessories, as players seek every possible advantage to outperform their rivals. This trend has led to a surge in innovation within the gaming accessories market, with companies continually pushing the boundaries to deliver cutting-edge solutions that meet the evolving needs of gamers worldwide.
The gaming hardware market is segmented by product type into consoles, gaming PCs, accessories, and VR headsets. Consoles have long been a staple in the gaming industry, with major players such as Sony, Microsoft, and Nintendo consistently innovating to capture the attention of gamers worldw
In 2019, branded systems accounted for ** percent of global PC gaming hardware, whilst do-it-yourself systems made up ** percent. As per the source, the global PC gaming hardware market is forecast to grow to close to ** billion U.S. dollars by 2022.
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The size of the Gaming Hardware Market was valued at USD XXX XXX in 2024 and is projected to reach USD 0.00 XXX by 2033, with an expected CAGR of 6.50% during the forecast period. The growth of the gaming hardware market is seen in increasing popularity in video games, improved technology in the gaming domain, and the emergence of esports and live-streaming. Gaming hardware encompasses a broad range of devices like consoles, PCs, gaming peripherals, and accessories in form of controllers, headsets, keyboards, mice, and VR gear designed for improved gaming experiences. The growth of the gaming hardware market is mainly boosted by the rapidly increasing demand for high-performance gaming systems that will support graphically intensive games to provide smooth and immersive experiences. As gaming advances toward more realistic and complex environments, gamers now seek advanced hardware solutions with increased processing power, fast refresh rates, and improvements in graphics performance. Especially, this tendency is more marked with the recent rise of adoption of next-gen consoles, the powerful gaming computers, and super graphics cards.Moreover, an exponential growth rate of esports as well as internet gaming is increasingly fueling this market for the gaming hardware industry. Competitive esports events and the professional leagues further boost the necessity of specialized and high-performance apparatuses to sustain the needs of professional gamers as well as fanatics. The market is also experiencing the emergence of VR and AR gaming, with specialized hardware such as VR headsets and motion controllers growing in popularity. These immersive technologies are expected to fuel further growth as the gaming industry seeks to offer even more realistic and interactive experiences. Recent developments include: March 2023: In order to expand the number of games available to users worldwide, Microsoft established a cooperation with cloud gaming service provider Boosteroid., February 2023: Microsoft and NVIDIA announced a 10-year agreement to offer Xbox PC titles to the more than 25 million-user NVIDIA® GeForce NOWTM cloud gaming service, which is available in more than 100 countries. Collaboration will bring popular Xbox games, such as Call of Duty and Minecraft from Activision, to NVIDIA GeForce NOW cloud gaming service.. Notable trends are: Increased multiplayer gaming video streaming is driving the market growth.
The statistic shows the distribution of the global gaming hardware market in 2015, by segment. In 2015, TV gaming was the largest segment of the gaming hardware market, representing ** percent of gaming hardware revenues that year.
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The global gaming hardware market, valued at $14.15 billion in 2025, is projected to experience robust growth, driven by several key factors. The rising popularity of esports, coupled with advancements in gaming technology such as virtual reality (VR) and augmented reality (AR), fuels demand for high-performance consoles, PCs, and accessories. The increasing affordability of gaming hardware, particularly in developing economies, further expands the market's reach. Moreover, the continuous release of engaging game titles and the growing adoption of cloud gaming services contribute significantly to market expansion. The market is segmented into consoles, PCs, and accessories, with each segment experiencing unique growth trajectories based on technological innovations and consumer preferences. Consoles benefit from exclusive titles and user-friendly interfaces, while PCs offer superior customization and performance for hardcore gamers. Accessories, including gaming peripherals like keyboards, mice, and headsets, cater to the need for enhanced gaming experiences, contributing a significant portion to the overall market value. Competition within the gaming hardware market is intense, with established players like Sony, Microsoft, and Nintendo competing alongside specialized companies like Corsair and Razer. Companies are leveraging strategic partnerships, technological advancements, and aggressive marketing campaigns to maintain a competitive edge. While the market faces challenges such as component shortages and fluctuating raw material prices, the overall outlook remains positive, fueled by persistent demand and innovative product developments. Geographic expansion, particularly in rapidly developing economies of Asia-Pacific and South America, presents lucrative opportunities for market players. The forecast period of 2025-2033 will likely see further market consolidation and increased focus on developing immersive and sustainable gaming hardware solutions. The market is poised for sustained growth at a CAGR of 5% throughout the forecast period, reaching an estimated value significantly exceeding $20 billion by 2033. This growth is underpinned by continuing innovation, a growing gaming community and a shift toward digital distribution channels.
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Gain in-depth insights into Gaming Hardware Market Report from Market Research Intellect, valued at USD 45 billion in 2024, and projected to grow to USD 75 billion by 2033 with a CAGR of 7.5% from 2026 to 2033.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 37.5(USD Billion) |
MARKET SIZE 2024 | 38.72(USD Billion) |
MARKET SIZE 2032 | 50.0(USD Billion) |
SEGMENTS COVERED | Product Type, Gaming Platform, End User, Distribution Channel, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising gaming popularity, Technological advancements, Increasing disposable income, Growth of eSports, Demand for immersive experiences |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Intel, Acer, Logitech, AMD, ASUS, Microsoft, NVIDIA, Corsair, Apple, Sony, HP, Dell, Alienware, Razer, Seagate |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Cloud gaming expansion, Increasing VR adoption, Affordable gaming devices, Gaming accessories demand surge, Next-gen console growth |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.25% (2025 - 2032) |
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In 2023, the global PC gaming hardware market size was valued at approximately USD 40 billion, with a projected compound annual growth rate (CAGR) of 8.5% from 2024 to 2032, expected to reach around USD 80 billion by the end of the forecast period. The primary growth factors contributing to this robust market expansion include advancements in gaming technology, increased disposable income, and a rising number of gaming enthusiasts worldwide.
The ongoing technological advancements in graphics processing units (GPUs) and central processing units (CPUs) are significantly propelling the PC gaming hardware market. High-performance components are critical for enhancing gaming experiences, which drive gamers to upgrade their systems regularly. Companies like NVIDIA, AMD, and Intel continuously invest in research and development to produce more powerful and efficient hardware, thus stimulating market growth. Additionally, the rise of virtual reality (VR) and augmented reality (AR) gaming is further accelerating the demand for advanced gaming hardware capable of supporting these technologies.
Another significant growth factor for the PC gaming hardware market is the increasing popularity of eSports and competitive gaming. Professional gaming has transformed into a lucrative career path, with tournaments offering substantial prize money and sponsorship deals. As a result, both aspiring and professional gamers invest heavily in high-end gaming hardware to gain a competitive edge. The establishment of gaming leagues and the increasing coverage of eSports events by mainstream media have also contributed to the growth of this market.
Furthermore, the proliferation of online gaming and streaming platforms has created a surge in demand for gaming hardware. Platforms like Twitch, YouTube Gaming, and Facebook Gaming have millions of active users who not only play games but also watch gaming content. This trend has led to an increase in the demand for high-quality gaming peripherals such as gaming mice, keyboards, and headsets. The ability to stream games in high definition requires powerful hardware, thus driving the market for advanced gaming desktops and laptops.
Regionally, Asia Pacific stands out as a dominant player in the PC gaming hardware market. This region has a vast population of young gamers and a high penetration of internet services, which fuels the demand for gaming hardware. Countries like China, Japan, and South Korea are at the forefront of the market, with China alone accounting for a significant share of the global market. The growth in disposable income and the increasing popularity of gaming cafes further bolster the market in this region. North America and Europe also exhibit strong growth in this sector, driven by a tech-savvy population and significant investments in gaming infrastructure.
The PC gaming hardware market can be segmented by component into various categories including gaming desktops, gaming laptops, gaming peripherals, gaming monitors, graphics cards, and others. Gaming desktops continue to hold a significant share of the market due to their superior performance capabilities and customization options. Enthusiast gamers often prefer desktops as they can easily upgrade components to achieve the desired performance levels. The demand for gaming desktops is expected to remain steady throughout the forecast period, driven by the introduction of powerful processors and graphics cards.
Gaming laptops have seen a surge in popularity due to their portability and improved performance. Modern gaming laptops are equipped with high-end GPUs and CPUs, which make them suitable for running the latest games at high settings. The convenience of being able to game on the go has attracted a large number of gamers, particularly in regions where space constraints make desktops less viable. The continuous innovations in cooling technologies and battery life are expected to further drive the demand for gaming laptops.
Gaming peripherals, which include items like gaming mice, keyboards, headsets, and controllers, are an essential part of the gaming experience. These peripherals are designed to provide better ergonomics, faster response times, and enhanced in-game controls, which can significantly improve a gamer’s performance. The market for gaming peripherals is expanding as more gamers seek to enhance their gaming setups. Additionally, the growing trend of streaming and content creation has increased the demand for high-quality microphones and webcams.
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The gaming hardware market is expected to grow steadily between 2025 and 2035 on the strength of growing demand for high-performance gaming consoles, computer gaming peripherals, and interactive gaming technologies. The market is also expected to reach USD 40.43 billion in 2025 and reach USD 65.43 billion by 2035 at a compound annual growth rate (CAGR) of 4.9% over the forecast period.
Contract & Deals Analysis - Gaming Hardware Market
Company | Contract Value (USD Million) |
---|---|
Sony Interactive Entertainment | Approximately USD 130 - USD 140 |
Microsoft Xbox | Approximately USD 120 - USD 130 |
NVIDIA Corporation | Approximately USD 110 - USD 120 |
Razer Inc. | Approximately USD 90 - USD 100 |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 10.9% |
China | 11.5% |
Germany | 10.2% |
Japan | 10.6% |
India | 11.9% |
Australia | 10.4% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Sony Interactive Entertainment | 20-25% |
Microsoft Xbox | 15-20% |
NVIDIA Corporation | 10-15% |
AMD (Advanced Micro Devices) | 8-12% |
Nintendo | 5-10% |
Razer Inc. | 4-8% |
Other Companies (combined) | 30-38% |