Insights and Projections for Gamepads/Joysticks, Keyboards, Mice, Headsets, and VR Devices

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Gaming Accessories Market Current Generation Video Game Console Unit Sales Worldwide 2021 Million Units

Gaming Accessories Market Current Generation Video Game Console Unit Sales Worldwide 2021 Million Units

Gaming Accessories Market Current Generation Video Game Console Unit Sales Worldwide 2021 Million Units

Gaming Accessories Market Gaming Accessories Market Growth Rate By Region

Gaming Accessories Market Gaming Accessories Market Growth Rate By Region

Gaming Accessories Market Gaming Accessories Market Growth Rate By Region

Dublin, Aug. 18, 2023 (GLOBE NEWSWIRE) — The “Gaming Accessories Market – Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028)” report has been added to ResearchAndMarkets.com’s offering.

The global gaming accessories market is projected to experience a strong compound annual growth rate (CAGR) of approximately 12.2% during the forecast period. The growth in the market can be attributed to several key factors and trends.

During the COVID-19 pandemic, the gaming accessory manufacturers faced shipping delays due to the lack of components and raw materials, as many manufacturing plants are located in China. However, the strong revenue growth year over year was supported by increased demand for gaming accessories from consumers who were subject to ‘shelter-in-place’ restrictions. With limited access to alternative forms of entertainment and social interaction, more people turned to gaming, leading to higher demand for gaming accessories.

The increasing adoption of smartphones and the rapid evolution of technologies like virtual reality (VR) and artificial intelligence (AI) are fueling the growth of the gaming accessories market worldwide. Major gaming console manufacturers such as Nintendo and Microsoft are recognizing the potential of augmented reality (AR) and leading the charge in its adoption. AR technology can provide unique gaming experiences by blending virtual elements with the real world.

The rapid growth of e-sports is also driving demand for advanced gaming keyboards and gamepads. The continuous enhancement of gaming content is expected to further boost the market. China, in particular, has been the world’s largest, highest-grossing, and most profitable video game market, with a significant presence in e-sports.

The console segment is witnessing significant growth, dominated by major players like Sony, Microsoft, and Nintendo. Innovations in gaming keyboards and controllers are intensifying competition among manufacturers and offering gamers various choices to enhance their gaming experiences.

Asia-Pacific holds the largest market share

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Gaming Accessories Market to grow at a CAGR of 10.27 percent during the forecast period, Technological Advancements and Future Insights

MAXIMIZE MARKET RESEARCH PRIVATE LIMITED

Gaming Accessories Market size was valued at USD 6.40 Bn. in 2021 and the total revenue is expected to grow by 10.27% from 2022 to 2029, reaching nearly USD 14 Bn.

DUBLIN, Feb. 09, 2023 (GLOBE NEWSWIRE) — As per Maximize Market Research, a global Electronics research firm, the total market opportunity for Gaming Accessories is USD 14 Bn in 2029 at a CAGR of 10.27 percent. The report on the “Gaming Accessories Market”, recently published by Maximize Market Research is available in the market, which indicates immense growth for the manufacturers during the forecast period.

Gaming Accessories Market Report Scope and Research Methodology

The main objective of the report is to provide a comprehensive analysis of the Gaming Accessories Market in simple language. It includes the forecast for the present and future. The market research was done by dividing the market into three major segments: Component, Device Type and End-User. These major segments of the market were further divided into several sub-segments, which helps to understand the market structure easily. It also offers a detailed analysis of the market trends at local, regional and global levels. The report includes the market outlook for 2021 and the market forecast from 2022-2029 for each region, country and segment. It provides an in-depth analysis of the growth drivers, prevailing opportunities, major restraints and upcoming challenges which makes it an investor’s guide. The report also provides detailed information on the key players in the Gaming Accessories industry. It covers the mergers and acquisitions, strategic alliances, joint ventures, and partnerships happening in the market by region, by investment, and their strategic intent.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/63414

To estimate the Gaming Accessories Market size, the bottom-up approach was used. The report is a mixture of both primary and secondary data which makes it more accurate and error-free for the clients. The Gaming Accessories Market report includes a PESTLE analysis, which aids in the development of strategies of the market players and a SWOT analysis was conducted to provide the strengths and weaknesses of the market.

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