Dublin, March 17, 2025 (GLOBE NEWSWIRE) — The “Gaming Peripherals Market Report by Product Type (Headsets, Keyboards, Joysticks, Mice, Gamepads, and Others), Gaming Device Type (PC (Desktop/Laptop), Gaming Consoles), Technology (Wired, Wireless), Distribution Channel (Online, Offline), and Region 2025-2033” report has been added to ResearchAndMarkets.com’s offering.
The global gaming peripherals market size reached USD 5.1 Billion in 2024. Looking forward, the market is forecast to reach USD 9.6 Billion by 2033, exhibiting a growth rate (CAGR) of 6.88% during 2025-2033.
The increasing advent of over-the-ear headphones, the easy availability of the product, the rising number of casual and professional gamers, and growth in the gaming industry are some of the factors propelling the market.
The global market is majorly driven by the exponential rise in the popularity of esports and competitive gaming. Professional and amateur gamers seek equipment that offers precision, responsiveness, and customization options to gain a competitive edge. Furthermore, the ever-evolving gaming landscape fuels a constant need for innovation in peripherals. As games become more immersive and graphically demanding, peripherals must keep pace. Gaming mice with adjustable DPI settings, mechanical keyboards with customizable RGB lighting, and high-quality headsets with immersive soundscapes have become the norm, driving consumers to upgrade their gear.
Additionally, the expanding gaming demographics contribute to market growth. Gaming is no longer limited to a specific age group; it spans generations. As more adults embrace gaming as entertainment and relaxation, there’s a growing market for premium gaming peripherals designed for comfort and longevity. Moreover, expanding gaming on multiple platforms, including PCs, consoles, and mobile devices, broadens the potential customer base. This cross-platform gaming trend encourages gamers to invest in versatile peripherals that enhance their experiences across various gaming ecosystems. The collaborations between gaming peripheral manufacturers and game developers or esports organizations amplify brand recognition and drive product sales.
Gaming Peripherals Market Trends/Drivers
Rapid digitization
Rapid digitization is favorably impacting the market. As our lives increasingly migrate to the digital realm, gaming has become a mainstream form of entertainment, cutting across demographics. This rise in digital gaming has created an insatiable appetite for high-quality gaming peripherals. In the digital age, gaming is no longer confined to a niche subculture but has become a global phenomenon. The expansion of online multiplayer games, streaming platforms, and esports competitions has increased awareness of these peripherals’ importance in enhancing the gaming experience.
Furthermore, the integration of advanced technologies like virtual reality (VR) and augmented reality (AR) into gaming has sparked the demand for specialized peripherals. VR headsets, motion controllers, and haptic feedback devices are now integral to delivering immersive gaming experiences. The market expands on the rapid digitization of entertainment and the ever-expanding possibilities offered by cutting-edge technologies. As gaming continues to evolve, so will the demand for innovative peripherals, ensuring sustained growth in this dynamic industry.
Increasing reliance on smartphones
The increasing reliance on smartphones is fueling the market. Smartphones have become versatile gaming platforms, offering a vast library of games and immersive experiences. As more individuals turn to smartphones for gaming, the demand for peripherals that enhance these mobile gaming experiences has increased. Mobile gaming peripherals like Bluetooth controllers, portable cooling fans, and specialized touchscreen joysticks have gained popularity. These accessories provide smartphone gamers a more console-like experience, better control, and increased comfort during extended gaming sessions.
Moreover, the rise of cloud gaming services that allow players to stream high-end games on their smartphones has further boosted the need for gaming peripherals. Gamers seek accessories like responsive controllers and high-quality headphones to maximize their cloud gaming experiences. The market is poised to expand as smartphones evolve with more powerful hardware and capabilities. The synergy between smartphones and gaming peripherals offers convenience and an enhanced gaming experience, making it a compelling factor driving market growth in the mobile gaming era.
The rising number of gaming zones in commercial areas
The rising number of gaming zones in commercial areas is bolstering the market. These gaming zones, often found in shopping malls, entertainment centers, and dedicated esports arenas, have become hubs for gaming enthusiasts of all ages. They offer a social and competitive gaming environment that attracts steady visitors. As these gaming zones continue to expand, there is a growing demand for high-quality gaming peripherals to enhance the gaming experience.
Gamers who frequent these establishments seek accessories like premium gaming mice, mechanical keyboards, and noise-canceling headsets to gain a competitive edge and enjoy a more immersive gaming session. Additionally, the presence of gaming tournaments and esports events in these commercial gaming zones further fuels the need for top-notch peripherals. Competitive gamers demand precise and responsive equipment, stimulating sales in the market.
Competitive Landscape
Top companies are strengthening the market through innovation, strategic partnerships, and customer-centric approaches. These industry leaders continuously invest in research and development to introduce cutting-edge gaming accessories that cater to the evolving needs of gamers. Innovation is a cornerstone of their strategy, with companies developing peripherals equipped with advanced features such as customizable RGB lighting, responsive mechanical switches, high-precision sensors, and ergonomic designs. These innovations attract tech-savvy gamers and drive market growth by prompting existing users to upgrade their equipment. Strategic partnerships with game developers, esports organizations, and professional gamers enhance brand visibility and product credibility.
Collaborations often lead to the creation of limited-edition peripherals tailored for specific games or gaming events, further stimulating demand. Customer-centric approaches focus on understanding and addressing gamers’ pain points, resulting in peripherals designed for comfort, durability, and performance. High-quality customer support and warranty services build consumer trust and loyalty, driving repeat business. Moreover, top companies are proactive in sustainability efforts, incorporating eco-friendly materials and manufacturing processes, aligning with the growing global concern for environmental responsibility.
Key Questions Answered in This Report
- How big is the gaming peripherals market?
- What is the expected growth rate of the global gaming peripherals market during 2025-2033?
- What are the key factors driving the global gaming peripherals market?
- What has been the impact of COVID-19 on the global gaming peripherals market?
- What is the breakup of the global gaming peripherals market based on the product type?
- What is the breakup of the global gaming peripherals market based on the gaming device type?
- What is the breakup of the global gaming peripherals market based on the technology?
- What is the breakup of the global gaming peripherals market based on the distribution channel?
- What are the key regions in the global gaming peripherals market?
- Who are the key companies/players in the global gaming peripherals market?
Key Attributes:
Report Attribute | Details |
No. of Pages | 147 |
Forecast Period | 2024 – 2033 |
Estimated Market Value (USD) in 2024 | $5.1 Billion |
Forecasted Market Value (USD) by 2033 | $9.6 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |
Detailed Profiles
- Anker
- Cooler Master
- Corsair
- Das Keyboard (Metadot Corporation)
- Dell Inc.
- Gamdias
- HP Inc.
- Logitech
- Mad Catz
- Razer Inc.
- Redragon
- Roccat
- Sades
- Sennheiser (Sonova)
- SteelSeries (GN Store Nord A/S)
- Turtle Beach
For more information about this report visit https://www.researchandmarkets.com/r/aqf9pq
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- Gaming Peripherals Market