Gaming Accessories Market Size, Share, and Industry Analysis, By Type (Controllers, Peripherals, Displays, Furniture, and Others), By Platform (PC, Console, and Mobile), By Connectivity (Wired and Wireless), and Regional Forecast, 2024-2032

Gaming Accessories encompass a wide range of peripheral devices and supplementary products designed to enhance the gaming experience across various platforms, including PCs, consoles, and mobile devices. Recently, there has been an increasing inclination toward eSports, which has significantly boosted the demand for high-performance gaming accessories. Besides, continuous technological advancements lead to innovative gaming accessories with improved features, such as high-DPI gaming mice, mechanical keyboards, and immersive VR headsets. This drives the growth of the market during the forecast period.

• For instance, in May 2024, Infinix, a global technology company, started unveiling a series of teasers for its forthcoming gaming-centric GT lineup of products. With the complete reveal scheduled in the same month, the company is gradually sharing the details of the series through its website and social media channels in the Indian market.

The COVID-19 pandemic profoundly impacted various industries, including the gaming accessories market. With lockdowns and social distancing measures in place, people spent more time at home, significantly increasing gaming activity. This surge resulted in higher demand for gaming accessories such as controllers, headsets, keyboards, and mice. Also, the pandemic introduced various new gamers as people sought entertainment and social interaction through gaming, further driving the demand for gaming accessories.

• For instance, according to Nitro Games' annual report, a Finnish gaming company, its revenue was ~ USD 143.86 billion in 2020, up from USD 9.14 billion in 2019, a ~94% increase during the pandemic.

Segmentation

Key Insights

The report covers the following key insights:

• Overview of the Parent/Related Market


• Supply Chain & Regulatory Analysis


• Industry SWOT Analysis


• Porter’s Five Forces Analysis


• Recent Technological Advancements

Analysis by Type

By type, the market is divided into controllers, peripherals, displays, furniture, and others. The controllers segment is estimated to dominate the market in the coming years. Controllers are widely used across various gaming platforms, including consoles, PCs, and mobile devices. Moreover, controllers are designed to enhance the gaming experience by offering haptic feedback, vibration, and ergonomic design. This provides a more immersive and comfortable gaming experience to the players, augmenting the segment's growth in the long run.

Analysis By Platform

By platform, the market is divided into PC, console, and mobile. The PC segment is projected to dominate the market share over the forecast period. High-end PCs can offer superior performance compared to consoles, particularly regarding graphics fidelity, frame rates, and processing power. Besides, PCs provide extensive customization options, allowing gamers to build systems tailored to their preferences and performance needs. These factors, in turn, increase the demand of the segment.

Analysis By Connectivity

By connectivity, the market is divided into wired and wireless. The wired segment dominates the global gaming accessories market based on connectivity. Wired accessories usually offer lower latency compared to wireless counterparts. This is critical in gaming, where split-second reactions can significantly affect performance and gameplay experience. Furthermore, wired connections are typically more reliable as they are less prone to interference and signal drops, contributing to the segment's growth.

Regional Analysis

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The global market is geographically segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Asia Pacific, notably China, South Korea, and Japan, has a massive and rapidly growing base of gamers. This significant player base fuels demand for gaming accessories across various platforms, including PC, console, and mobile gaming. In addition, the region is a hub for eSports with a booming competitive gaming scene. Professional gamers and eSports teams from the area often use specialized gaming accessories to enhance their performance, leading to regional growth.

• For instance, in December 2023, Nvidia Corporation, an American software and technology company, launched a new gaming chip in China. This product uses AI-driven graphics to enhance gamers' performance and efficiency.

Key Players Covered

The report includes key players, such as DuckyChannel International Co., Ltd., Razer, Hyperx, SteelSeries, and Plantronics Inc.

Key Industry Developments

• June 2024:  Fractal, a gaming accessories provider, unveiled four new products at Taiwan's Computex 2024 computer exhibition. In addition to introducing two new computer cases, Mood and Era 2, the company debuted the gaming chair Refine and the gaming headset Scape. This move signifies Fractal's expansion into furniture and audio product categories.


• August 2023: ASUS Republic of Gamers (ROG) announced plans to livestream a press event during Gamescom. The company introduced new products during the event, hosted the ROG Gamescom 2023 Giveaway, and engaged fans with exciting activities throughout Gamescom 2023 in Germany.