Computer Peripherals

The Computer Peripherals industry involves the manufacturing, distribution, and sale of external devices that enhance computer functionality, including input devices like keyboards and mice, output devices like monitors and printers, and storage devices like external hard drives. The industry relies on continuous innovation to meet consumer demands and technological advancements.

The industry is driven by increasing demand for computers and peripherals across sectors, the rise of remote work and online learning boosting the need for devices like webcams, and the growth of the gaming industry fueling demand for specialized gaming peripherals. Technological advancements in wireless connectivity, ergonomic designs, and AI integration also play a crucial role, along with decreasing prices and rising disposable incomes. The increasing digitalization in educational institutions is also driving the market.

The Computer Peripherals industry is moderately fragmented, featuring global technology giants and specialized manufacturers. Key players include Apple, Canon, Dell, HP, Logitech, Microsoft, Samsung, Seiko Epson, Toshiba, Western Digital, Acer, ASUS, Lenovo, Intel, AMD, and Razer. Dell Technologies holds a significant market share in the U.S. These companies invest in R&D and compete through strategic partnerships and acquisitions, offering diverse products for general consumers and specialized segments.

The Computer Peripherals market has shown robust demand, valued at approximately USD 104.2 billion in 2024, with projections estimating it will reach USD 212 billion in 2025. The market is projected to continue its growth with CAGRs ranging from 5.1% to 10.5% over the next several years. Recent performance has been influenced by remote work adoption and the gaming industry boom, with a shift towards wireless devices and demand for external storage. Digitalization in education and commercial sector growth are expected to drive demand, with North America leading in market share. The outlook remains promising due to technological advancements and the integration of AI and IoT.

The industry faces challenges including the proliferation of counterfeit products, the rising preference for smartphones and tablets, and supply chain disruptions. Rapid technological changes necessitate high R&D costs and carry the risk of product obsolescence, while intense competition can lead to price wars. Economic downturns can reduce spending on peripherals, and compatibility concerns can slow market growth. Environmental concerns related to electronic waste also require manufacturers to focus on sustainable practices.