PC peripherals market to grow at a CAGR of 7.68% from 2022 to 2027

NEW YORK, July 25, 2023 /PRNewswire/ -- The PC peripherals market is estimated to grow at a CAGR of 7.68% between 2022 and 2027. The market size is forecasted to increase by USD 55.18 billion according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including Acer Inc., Brother Industries Ltd., Canon Inc., Dell Technologies Inc., FURUKAWA Co. Ltd., HP Inc., Intel Corp., International Business Machines Corp., Lexmark International Inc., Logitech International SA, Microsoft Corp., Panasonic Holdings Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seagate Technology Holdings Plc, Seiko Epson Corp., Sony Group Corp., Toshiba Corp., Western Digital Corp., and Xerox Holdings Corp. Download a Sample Report Now!

PC Peripherals Market Market Insights -

Vendors: 15+, Including Acer Inc., Brother Industries Ltd., Canon Inc., Dell Technologies Inc., FURUKAWA Co. Ltd., HP Inc., Intel Corp., International Business Machines Corp., Lexmark International Inc., Logitech International SA, Microsoft Corp., Panasonic Holdings Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seagate Technology Holdings Plc, Seiko Epson Corp., Sony Group Corp., Toshiba Corp., Western Digital Corp., Xerox Holdings Corp. among others

Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors

Segments: Product (Printers, Speakers, and Others), End-user (Business and Consumers), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

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Key Driver -

The growing preference for client SSDs is notably driving market growth. An SSD is a type of non-volatile storage device that uses an integrated circuit assembly as a memory for storing data. No rotating parts reduce the risk of failure and enable faster data transfer. There are two types of SSDs, enterprise SSDs and client SDDs. The growing prevalence of these SSDs in client systems such as desktop PCs, laptops, notebooks, and high-performance PCs is the key factor for the growth of the client SSD market.

Furthermore, the laptop segment accounted for a significant share of the client SSD market. As the demand for thinner, lighter, and more advanced laptops increases, PC makers are focusing on developing laptops with integrated SSDs. They are also introducing new SSDs that are ideal for business PCs, laptops, and high-performance PCs. Hence, the increasing product launches will drive the growth of the market during the forecast period.

Leading Trend -

The increasing popularity of smart speakers is a key trend shaping the market. Audio content subscribers are rising across the world. Wireless speakers use radio frequency signals to stream content. Smart speakers, portable speakers, and Bluetooth speakers are more compact and take up less space than home theater speakers. Most portable devices such as laptops, smartphones, and tablets have Wi-Fi and Bluetooth chips that allow speakers to stream content wirelessly.

Moreover, the incorporation of wireless technologies such as Wireless HD and ITU-T G.hn will increase the acceptance of streaming HD video and audio content. Smart and Bluetooth speakers have many advantages and don't require wires. In addition, it takes up less space than home audio speakers. Hence, the growing popularity of wireless streaming of audio content will boost the demand for PC peripherals such as speakers during the forecast period.

Significant challenge -

The increasing penetration of smartphones is challenging market growth. The demand for smartphones is rising due to their portability. Growing investments in telecommunication network infrastructure are supporting the developments in high-performance network connectivity, which is growing the penetration of smartphones worldwide. Premium smartphones are integrated with advanced technologies such as AI, gesture recognition, haptics, facial recognition, and voice recognition features.

Moreover, advanced processors and sensors are used for such functions. Sensors such as gyroscopes, accelerometers, proximity sensors, light sensors, barometers, and fingerprints are used to make these technologies work. Hence, the growing penetration of smartphones will decrease the demand for PC shipments, which will hamper the growth of the PC peripherals market during the forecast period.

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The pc peripherals market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this PC Peripherals Market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the PC peripherals market between 2023 and 2027

Precise estimation of the PC peripherals market size and its contribution to the market in focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the PC peripherals market across North America, APAC, Europe, South America, and Middle East and Africa

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of PC peripherals market vendors

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PC Peripherals Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.68%

Market growth 2023-2027

USD 55.18 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.72

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 47%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Acer Inc., Brother Industries Ltd., Canon Inc., Dell Technologies Inc., FURUKAWA Co. Ltd., HP Inc., Intel Corp., International Business Machines Corp., Lexmark International Inc., Logitech International SA, Microsoft Corp., Panasonic Holdings Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seagate Technology Holdings Plc, Seiko Epson Corp., Sony Group Corp., Toshiba Corp., Western Digital Corp., and Xerox Holdings Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of contents

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global PC peripherals market 2017 - 2021

4.2 Product Segment Analysis 2017 - 2021

4.3 End-user Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments

6.2 Comparison by Product

6.3 Printers - Market size and forecast 2022-2027

6.4 Speakers - Market size and forecast 2022-2027

6.5 Others - Market size and forecast 2022-2027

6.6 Market opportunity by Product

7 Market Segmentation by End-user

7.1 Market segments

7.2 Comparison by End-user

7.3 Business - Market size and forecast 2022-2027

7.4 Consumers - Market size and forecast 2022-2027

7.5 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 North America - Market size and forecast 2022-2027

9.4 APAC - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 South America - Market size and forecast 2022-2027

9.7 Middle East and Africa - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 Canada - Market size and forecast 2022-2027

9.11 UK - Market size and forecast 2022-2027

9.12 Japan - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 Acer Inc.

12.4 Brother Industries Ltd.

12.5 Canon Inc.

12.6 Dell Technologies Inc.

12.7 FURUKAWA Co. Ltd.

12.8 HP Inc.

12.9 Intel Corp.

12.10 International Business Machines Corp.

12.11 Lexmark International Inc.

12.12 Microsoft Corp.

12.13 Seagate Technology Holdings Plc

12.14 Seiko Epson Corp.

12.15 Sony Group Corp.

12.16 Toshiba Corp.

12.17 Western Digital Corp.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com

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