4100.00 Dollar US$ Global Gaming Accessories Market Pune

Published date: July 3, 2020
  • Location: Maximize Market Research Pvt. Ltd., Pune, Pune, Maharashtra, India

Global gaming accessories market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 9.68% during forecast period.



Global Gaming Accessories Market

The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Market Definition

Gaming accessories are the different parts of hardware which is required to play video games on PCs or gaming consoles. It improves the video game's play experience. The most common accessory for gaming is the controllers which are used to play the games.
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Market Dynamics

Increasing trend and popularity of video games among youngsters and introduction of advanced technologies in gaming industry are major driving factors behind the growth of market. Development of new advanced platforms by interactive gaming industry to reach out to gamers across the globe, growing number of Smartphone users across the world, growing popularity of virtual reality lead to the high demand of virtual reality headsets and surge in the adoption of handheld gaming consoles and advanced graphics based video games are expected to witness fast growth during forecast period. Gaming accessories provides high comfort level to the gamers to play games efficiently which is ultimately propelling the growth of market.

However, high purchasing cost of gaming accessories such as headsets, wireless mouse and keyboards are major restraining factors that could hamper the growth of market.

Global Gaming Accessories Market: Segmentation Analysis

By product, game controllers segment dominated the market in 2019 and is expected to keep its dominance at CAGR of XX% during forecast period. A game controller is an input device which is used with entertainment systems or video games to provide input to particular video game. It is usually used to monitor and control a character or object in the game. A game controller includes gamepads, keypads, mouse, headsets and other hardware accessories. The increasing demand of these accessories in the gaming industry is attributed to the growth of market. Growing requirement of special purpose gaming controllers such as light guns for shooting games and steering wheels for driving games are also expected to improve the growth of market. Gamepad and headsets, gaming controllers are projected to witness high growth at CAGR of XX% during forecast period. Growing demand of wireless, Bluetooth or Wi-Fi based headsets and gamepads is driving the growth of market.

By device type, PC segment dominated the market in 2019 and is projected to witness fast growth at CAGR of XX% during forecast period. The growth is attributed to the growing market for the gaming controller input devices such as gamepads, keypads which are required to play games on desktops or laptops. Also wide adoption of PC gaming since it provides customization, advanced graphics, ease of use and upgradability which are making pc gaming accessories more demandable and is ultimately results into the growth of market. Alternatively, gaming consoles segment is projected to witness fast growth at CAGR of XX% during forecast period. This is owing to the growing production of portable gaming consoles by various companies across the world.

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