PC gaming peripherals are external hardware devices used to play games in the system, such as keyboards, mice, headsets, joysticks, and controllers. The increasing use of PCs and rise in internet penetration are the major factors expected to drive market growth. PC gamers are classified into three types: casual gamers, hard core gamers, and enthusiast gamers. Casual gamers spend less time on the computer, whereas hard core gamers spend more time on the computer and are aware of the latest technologies used in gaming peripheral devices. Enthusiastic gamers are only interested in playing games and do not devote as much time to PC games. Therefore, increasing gaming aficionados is one of the factors that is expected to drive demand for PC gaming peripherals.
The global PC gaming peripheral market is expected to exhibit a CAGR of 7.5% during the forecast period (2019-2027).
The growing popularity of e-sports and the increasing hard core or casual gamers are expected to drive growth in the PC gaming peripheral market during the forecast period. Hard core gamers are those who spend a significant amount of time playing video games and use advanced technology gaming peripherals. The introduction of e-sports and virtual gaming has increased demand for gaming keyboards and gamepads, which improve users' gaming experiences. As a result, rising consumer demand for games has increased the demand for gaming consoles, peripheral devices, and other related products. Furthermore, the affordability of these peripheral devices, as well as the rise in youth populations, are major factors expected to drive market growth.
Key companies operating in the PC gaming peripheral market include Alienware, Logitech Internation SA, Razer Inc., Mad Catz Global Limited, Corsair Components, Inc., Cooler Master Co., Ltd., Sennheiser electronic GmbH & Co. KG, HyperX, SteelSeries, Anker, Roccat, Reddragon, Thrustmaster, and Turtle Beach Corporation.
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