According to the research report titled ‘Global Gaming Peripheral Market (2021 Edition) - Analysis by Product Type (Headsets, Keyboards, Joysticks, Mice, Gamepads Controllers, Others), Device Type, Distribution Channel, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global gaming peripheral market was worth USD 4270 million in 2020 and is anticipated to expand significantly through 2026.

According to reliable estimates, soaring population of video gamers around the world, along with growing tendency of young people to adopt gaming as a job are the major factors driving the growth of global gaming peripheral market.

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Furthermore, increasing spending of individuals on consoles and peripherals because of the emergence of social apps and the formation of social groups among gamers as well as rising trend of gaming tournaments such as the PUBG Global Championship, League of Legends World Championship, and Call of Duty World League are encouraging the gamers to enhance their gaming skills, which in turn is augmenting the industry outlook.

Based on product type, the market is branched into gamepads controllers, mice, joysticks, keyboards, headsets, and others. In terms of technology, the industry is split into wireless and wired. On the basis of distribution channel, worldwide gaming peripheral marketplace is divided into offline and online.

Coming to device type, the industry is bifurcated into gaming consoles and PC (desktop/laptop). Among these, the gaming consoles segment is anticipated to expand at a notable CAGR during the review period, owing to presence of user-friendly and multi-functional features that allow gamers to access the internet, watch movies, and listen to music while playing video games.

On the regional front, North America market is slated to grow significantly over the analysis timeframe. Whereas Asia Pacific industry share is reckoned to increase at a considerable CAGR over the stipulated duration, due to technological advancements in peripherals, and expanding popularity of multiplayer video games in the region.

Sharkoon Technologies GmbH, Dell Alienware, Mad Catz Global Limited, Shenzhen Rapoo Technology Co., Ltd., Thermaltake technology Co., Ltd., Guillemot Corporation S.A., SteelSeries, Turtle Beach Corporation, Sennheiser Electronic GmbH & Co. KG, Plantronics Inc., Logitech International S.A., Razer Inc., Corsair Components Inc., and Cherry GmbH are the leading players in global gaming peripheral market.