Computer Peripherals

The Computer Peripherals industry includes companies that manufacture, distribute, and sell external devices that enhance the functionality of computers. These peripherals include input devices (keyboards, mice, scanners), output devices (monitors, printers), and storage devices (external hard drives, USB flash drives). The industry provides essential accessories that expand the capabilities of computing devices for residential and commercial users.

Technological advancements drive the development of sophisticated peripherals. Increasing demand for personal computers, laptops, and tablets fuels the need for peripherals. Remote work and online learning have surged demand for webcams, microphones, and headsets. The gaming industry drives demand for specialized gaming peripherals. The trend of smart homes and IoT opens opportunities for integrated peripherals. Digitalization initiatives in education fuel demand. Consumer behavior, characterized by a desire for wireless and smart peripherals, increased disposable income, and the demand for external storage, also plays a crucial role.

The computer peripherals market is moderately fragmented, with major companies controlling a significant portion of the market. Key players include HP Inc., Dell Technologies Inc., Logitech International S.A., Microsoft Corporation, Apple Inc., Samsung Electronics Co., Ltd., Canon Inc., Acer Inc., ASUSTeK Computer Inc., Lenovo Group Limited, Epson America, Inc., Brother Industries, Ltd., Seagate Technology LLC, Toshiba Corporation, Western Digital Corporation, Intel Corporation, Advanced Micro Devices, Inc., and Razer Inc. These companies compete on product innovation, price, and scale, targeting niche markets. Many invest in R&D and expand globally through partnerships, such as Dell, Nvidia, and AMD collaborating on AI computing clusters, and Epson introducing eco-friendly printers.

The Computer Peripherals industry has shown robust growth. The global PC Peripherals market was valued at USD 7203.8 Million in 2023 and is projected to grow to USD 15821.64 Million by 2032, at a CAGR of 9.9% during the forecast period (2025-2032). Another report indicates a market size of USD 470.95 Billion in 2024, projected to reach USD 779.42 Billion by 2032, growing at a CAGR of 6.5% from 2026 to 2032. The PC Accessories market specifically is expected to reach USD 30.93 billion in 2025 and grow at a CAGR of 12.13% to reach USD 54.82 billion by 2030. Increased demand is due to remote work, online learning, and the gaming sector. While the Zacks Computer-Peripheral Equipment industry underperformed the S&P 500 and the broader Zacks Computer and Technology sector in the trailing 12 months as of April 2025, the outlook remains positive due to technological advancements, evolving work styles, and digitalization. Demand for wireless peripherals is expected to increase, and the commercial segment is anticipated to lead the market. North America dominates the market, with the U.S. contributing significantly, and Asia-Pacific is also expected to be a leading region.

Investors should consider economic sensitivity, as downturns can impact spending on peripherals. Fluctuations in raw material costs and supply chain disruptions can affect production and pricing. The industry has experienced supply chain issues and increased costs due to semiconductor and electronic input disruptions. Counterfeit goods intensify price competition. Regulatory changes, like the RoHS Directive, require continuous compliance. Geopolitical factors, such as new tariff policies, can introduce volatility. Increasing integration of functionalities within main devices may limit growth in specific peripheral segments.