Computer Peripherals Market was valued at USD 120 Billion in 2022 and is projected to reach USD 180 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The computer peripherals market is categorized based on applications across various sectors. These applications span across residential and commercial segments, each having its distinct requirements and growth dynamics. The residential market primarily caters to individual consumers, offering a wide variety of devices like printers, external hard drives, mice, keyboards, and audio peripherals. The demand for these peripherals is driven by personal computing, entertainment, gaming, and educational needs, contributing to the significant growth of the market in this segment. The trend toward home office setups and the increasing reliance on computers for remote work and entertainment further amplify the market's expansion in residential areas.
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In contrast, the commercial application segment focuses on organizations, enterprises, and other institutional uses. It involves peripherals that support productivity, collaboration, and IT infrastructure in businesses. Examples of commercial peripherals include professional-grade printers, scanners, external storage devices, high-performance monitors, and sophisticated input devices. Businesses across diverse industries require these peripherals to enhance operational efficiency, facilitate communication, and store large volumes of data. The surge in digital transformation and remote work models in enterprises has led to increased demand for advanced computer peripherals in this sector. As businesses continue to expand their digital ecosystems, the commercial segment of the market is poised for sustained growth.
The residential market for computer peripherals is primarily driven by consumer demand for personal computing devices and home entertainment solutions. This segment includes devices such as keyboards, computer mice, webcams, printers, and gaming peripherals. Home users often seek peripherals that are affordable, easy to use, and compatible with their home computing systems. With the rise of e-learning, online gaming, and remote working, there has been an increased need for devices that improve user experience and productivity. The proliferation of smart home technologies and the integration of advanced AI tools also stimulate demand in this sector. Consumers are becoming more inclined to invest in high-quality peripherals that enhance their home computing and entertainment experiences.
Additionally, the growing interest in content creation, from video editing to graphic design, has led to a surge in demand for high-resolution monitors, graphic tablets, and audio peripherals like headsets and microphones. These technologies are becoming integral to the home-based professional's work setup. As a result, key players in the market are focusing on developing products that cater to these specific needs, offering enhanced ergonomics, multi-device compatibility, and superior performance. The residential sector also benefits from the trend of affordable pricing and accessibility, with various brands offering tailored solutions for different user needs.
The commercial segment of the computer peripherals market targets enterprises, offices, and institutions that require high-performance peripherals for everyday operations. Organizations invest in computer peripherals that support large-scale productivity, team collaboration, data storage, and communication. Peripherals in this sector include business-grade printers, multifunctional scanners, external hard drives, high-resolution monitors, and ergonomic input devices designed for long hours of use. These devices are essential in optimizing workflows, enhancing data management capabilities, and ensuring a smooth operational flow within companies. The commercial market is driven by the need for scalable and durable peripherals that can accommodate the evolving demands of business environments.
As businesses continue to invest in IT infrastructure to stay competitive, the demand for computer peripherals within the commercial sector is expected to grow. There is a particular demand for peripherals that support cloud storage, networking, and enterprise-level security. Companies are increasingly looking for devices that can integrate seamlessly with their existing systems, enabling efficient data sharing and collaboration. In the post-pandemic era, the growth of hybrid work models and increased use of remote collaboration tools have further propelled the demand for reliable and advanced peripherals. Businesses are also placing greater emphasis on the sustainability of their peripheral products, promoting the development of eco-friendly devices that align with corporate social responsibility goals.
The computer peripherals market is witnessing several key trends that are shaping its growth. One significant trend is the rise in demand for wireless peripherals, such as wireless keyboards, mice, and printers. These devices offer convenience, enhanced mobility, and a cleaner aesthetic in home and office environments. As consumers and businesses embrace flexibility in how they use technology, the need for wireless peripherals has grown exponentially. Another important trend is the integration of smart technologies into peripherals. Devices like smart monitors, voice-enabled assistants, and AI-powered input devices are transforming the user experience by offering greater interactivity and personalization.
The gaming sector is also influencing the growth of the peripherals market, with an increasing demand for specialized gaming peripherals such as high-performance keyboards, gaming mice, headsets, and VR controllers. Gamers are willing to invest in advanced technology to enhance their overall gaming experience, which has led to significant innovation in gaming peripherals. Additionally, the demand for ergonomic peripherals is on the rise, as consumers and businesses alike are becoming more aware of the health implications of long hours spent using poorly designed devices. This has led to an increased focus on ergonomic keyboards, mouse designs, and chairs that support better posture and comfort during extended usage.
The computer peripherals market presents several opportunities for growth, especially in emerging markets where the adoption of digital technology is rapidly increasing. With the expansion of e-commerce, businesses now have a broader platform to sell peripherals to consumers globally, leading to a more competitive and diverse market. In addition, the continued development of remote work and hybrid office environments provides opportunities for companies to develop and market products tailored to these new work models. For instance, businesses could introduce advanced video conferencing peripherals, high-quality webcams, and collaboration tools to support remote communication.
Another opportunity lies in the development of sustainable and eco-friendly peripherals. With growing environmental awareness, consumers and businesses are seeking products that are not only high-performing but also environmentally friendly. Companies that focus on designing energy-efficient, recyclable, and low-emission peripherals could capitalize on this demand. Furthermore, the rapid rise of artificial intelligence and machine learning technologies offers the potential to develop new peripherals designed to work seamlessly with AI applications, improving both consumer and business productivity. As industries increasingly rely on big data and cloud computing, the demand for data storage peripherals and high-capacity storage solutions is also likely to rise.
What are computer peripherals?
Computer peripherals are external devices connected to a computer to enhance its functionality, such as printers, keyboards, and monitors.
How are computer peripherals categorized?
They are typically categorized into input devices, output devices, and storage devices, depending on their function in the computer system.
What is the demand for computer peripherals in the residential market?
The demand is driven by home users seeking devices for personal computing, entertainment, gaming, and remote work.
Which types of peripherals are most commonly used in businesses?
Common peripherals for businesses include printers, scanners, external storage devices, and high-performance monitors.
What trends are shaping the computer peripherals market?
Key trends include wireless peripherals, smart technologies, ergonomic designs, and the growth of gaming peripherals.
Are there opportunities for growth in the computer peripherals market?
Yes, opportunities exist in emerging markets, e-commerce expansion, and the growing demand for sustainable, AI-compatible peripherals.
What are the advantages of wireless computer peripherals?
Wireless peripherals offer greater convenience, flexibility, and a cleaner, clutter-free workspace.
How do ergonomic peripherals improve user experience?
Ergonomic peripherals are designed to enhance comfort, reduce strain, and promote better posture during long hours of use.
What role does the gaming sector play in the peripherals market?
The gaming sector significantly influences the peripherals market, driving demand for specialized gaming devices like high-performance keyboards and VR controllers.
What are the environmental impacts of computer peripherals?
Many peripherals contribute to electronic waste; however, the market is shifting towards sustainable, eco-friendly products to address these concerns.
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Apple
Canon
Dell
Seiko Epson
Hewlett-Packard Enterprise
Hitachi
IBM
Intel
Logitech
Microsoft
NEC
Ricoh
Samsung Electronics
Toshiba
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Computer Peripherals Market
Residential
Commercial
Based on Types the Market is categorized into Below types that held the largest Computer Peripherals market share In 2023.
Input Devices
Output Devices
Storage Devices
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Computer Peripherals Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Computer Peripherals Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Computer Peripherals Market, By Type
6. Global Computer Peripherals Market, By Application
7. Global Computer Peripherals Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Computer Peripherals Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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