LONDON–(BUSINESS WIRE)–Sep 29, 2020–
Technavio has been monitoring the computer accessories market and it is poised to grow by $ 2.86 bn during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Computer Accessories Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
- What are the major trends in the market?
Increased preference for assembling is a major trend driving the growth of the market.
- At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 5.44% and the incremental growth of the market is anticipated to be $ 2.86 bn.
- Who are the top players in the market?
AZIO Corp., HP Inc., Logitech International SA, Microsoft Corp., Razer Inc., Seagate Technology Plc, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Western Digital Corp.
- What is the key market driver?
The growing popularity of e-sports is one of the major factors driving the market.
- How big is the APAC market?
The APAC region will contribute 50% of the market share.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. AZIO Corp., HP Inc., Logitech International SA, Microsoft Corp., Razer Inc., Seagate Technology Plc, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Western Digital Corp. are some of the major market participants. The growing popularity of e-sports will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Computer Accessories Market 2020-2024: Segmentation
Computer Accessories Market is segmented as below:
- Business Sector
- Consumer Sector
- Geographic Landscape
- North America
- South America
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Computer Accessories Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The computer accessories market report covers the following areas:
- Computer Accessories Market Size
- Computer Accessories Market Trends
- Computer Accessories Market Industry Analysis
This study identifies increased preference for assembling as one of the prime reasons driving the computer accessories market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Computer Accessories Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist computer accessories market growth during the next five years
- Estimation of the computer accessories market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the computer accessories market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of computer accessories market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- External HDDs – Market size and forecast 2019-2024
- Gaming accessories – Market size and forecast 2019-2024
- Portable speakers – Market size and forecast 2019-2024
- Pointing devices – Market size and forecast 2019-2024
- Keyboards – Market size and forecast 2019-2024
- Headsets – Market size and forecast 2019-2024
- Webcams – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Business sector – Market size and forecast 2019-2024
- Consumer sector – Market size and forecast 2019-2024
- Market opportunity by End user
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- AZIO Corp.
- HP Inc.
- Logitech International SA
- Microsoft Corp.
- Razer Inc.
- Seagate Technology Plc
- Seiko Epson Corp.
- Sony Corp.
- Toshiba Corp.
- Western Digital Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
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