Tremendous Growth: Global Gaming Peripherals Market – GlobeNewswire

0
565
        <span class="article-published" itemprop="datePublished">          <time datetime="2022-03-14T13:05:00Z">March 14, 2022 09:05 ET</time>       </span>        <span class="article-source" itemprop="sourceOrganization" itemscope itemtype="http://schema.org/Organization">          | Source:          <span>                <a href="/en/search/organization/Research%2520Dive" itemprop="name">Research Dive</a>          </span>              <meta itemprop="logo" url="https://ml.globenewswire.com/Resource/Download/95a867ce-3780-4ace-8da5-32bead68c6b7?size=2" alt="Company Name Logo" />            <span id="pnr-global-follow-button"></span>                </span>      <span itemprop="author copyrightHolder" style="display: none;">Research Dive</span>                <br>                                      <br>New York, USA, March  14, 2022  (GLOBE NEWSWIRE) -- According to the report published by Research Dive, the <a href="https://www.globenewswire.com/Tracker?data=_W61LWdcFloqIc8p9-BePTNMDisLVvv-MegUXqrfYb-F7yf-M_eZIWBMrKe_jvUeBPIFzpPxoDhen026WW1iw1x-8fFJ98S-D7X1q_MtKosKNg3biX4OSgaDiBIMLDThJbOf8qQIEuQVyYEOTFKcP8GT41M7UXg_9PGkeJNl350=" rel="nofollow noopener" target="_blank" title=""><em><strong>global gaming peripherals market</strong></em></a> is expected to garner a <em><strong>revenue of $10,905.8 million by 2028</strong></em> and grow at a stable <em><strong>CAGR of 10.5%</strong></em> over the analysis period from <em><strong>2021 to 2028</strong></em>. The comprehensive report provides a concise outline of the gaming peripherals market’s current scenario including key facets of the market such as growth factors, challenges, restraints, and various opportunities during the estimated timeframe of <em><strong>2021-2028</strong></em>. The report also provides all the market figures to help new participants analyze the market easily.<br><strong>Dynamics of The <strong>Gaming Peripherals Market</strong></strong><br><strong>Drivers: </strong>Increased product advancements and business expansion by some major market players across the globe is expected to drive the growth of the gaming peripherals market during the analysis period. In addition, the increased adoption of gaming peripherals for entertainment purposes is further expected to bolster the market’s growth during the forecast timeframe.<br><strong>Opportunities: </strong>Surging demand for gaming peripherals among the younger generations across the world to experience an interactive gaming session is expected to offer ample opportunities for the growth of the market during the forecast years.<br><strong>Restraints: </strong>Cloud gaming is predicted to be an impediment to the growth of the gaming peripherals market in the forecast years, owing to its streamed gaming sessions across various devices with no requirement of expensive hardware.<br><a href="https://www.globenewswire.com/Tracker?data=AM675fhrwwfwvjEpktaQa3mfEuhQUREIKZ97FzJ2EcO2WLZKXF1D_82siyDuL4p_wyci1d5WpVuR9-BzptCotY4pAt507Nrxh1-ZZ5vCJowv-QsmnVMJJJZ9qKG7VBGE7cqji4rjb_IDF3Pt7pgZ8arAJStAXhtMfCV1E1LIxh6nhssEvjyxUSntji2jHX_l6L-AkrmY48YJahJ7Y2Z2Jg==" rel="nofollow noopener" target="_blank" title=""><em><strong>Grab an Access to Exclusive PDF Sample of Gaming Peripherals market</strong></em></a><br><strong>COVID-19 Impact on the Gaming Peripherals Market</strong><br>The outbreak of the Covid-19 pandemic has had a moderate impact on the gaming peripherals market, owing to retarded global economy and strict government-led lockdowns in most countries across the globe. This led to a halt in manufacturing and production of the peripherals, thus hampering the market’s growth. In addition, delayed production of gaming peripherals in China further impacted the market, plummeting the demand of gaming auxiliary devices among the customers.<br><a href="https://www.globenewswire.com/Tracker?data=1ydCc9yKjf0pmKVpIwNNDUw3V0O_Vfq1-tKQ7VLE83IBzG9otDjMubY_oYXEFRHkjXsDlUmUC3-eu7r67g9-JtDe7S6uUVziue0mFDCXwwz7cSIZELF1tNCpGTvP_kEy4uIbK6N3HtI_vbWEo6rjUK8RsoGyqjOmZXXMjE81b5b8cw57Cf0yDERX4FU1qrWcDZeoJf1ee4Pyq9UVWmPs7GlECmlVohXHV6ZdRK3C5vttntVUSGm3vIcuSIabB7Ti" rel="nofollow noopener" target="_blank" title=""><em><strong>How does Gaming Peripherals Market demand among the Customers? Get in Touch with our Expert Analyst</strong></em></a><br><strong>Segments of the Gaming Peripherals Market</strong><br>The report has divided the gaming peripherals market into various segments based on component, peripheral device type, connectivity, distribution channel, and region.<br><strong>Component: Headsets Sub-segment to be Most Beneficial</strong><br>By component, the headsets sub-segment is anticipated to register a <strong>revenue of $3,465.5 million</strong> during the forecast years. Headsets effectively block out external noise, adds comfort to the gamer, and offer smooth in-game communication among players. In addition, most players are excitedly using multi-platform gaming-specific headsets for better experiences. These characteristics are driving the growth of the gaming peripherals market sub-segment during the analysis period.<br><strong>Peripheral Device Type: PC Sub-segment to be Most Dominant</strong><br>By peripheral device type, the PC sub-segment is expected to <strong>surpass $6,391.0 million by 2028</strong> and is anticipated to hold a dominant market share during the forecast period. Advanced features like facial recognition, high-quality graphics, and gesture-based gaming in gaming PCs contribute to the growth of the sub-segments in the market. Moreover, custom-built gaming PCs with specifications like high-end processors, liquid cooling, and graphics processing unit are further boosting the growth of the gaming peripherals market’s sub-segment during the analysis timeframe.<br><strong>Connectivity: Wired sub-segment to be Most Lucrative</strong><br>By connectivity, the wired sub-segment is estimated to <strong>surpass $8,025.1 million by 2028</strong>. Unlike wireless gaming peripherals, the wired ones have greater battery capacity and highly reduce the gaming stress of running out of power among players, making them a reliable option among competitive gamers. This factor is booming the gaming peripherals market sub-segment during the forecast period.<br><strong>Distribution Channel: Online Sub-segment to be Most Profitable</strong><br>By distribution channel, the online sub-segment is estimated to garner a <strong>revenue of $6,159.2 million</strong> during the forecast timeframe. The global popularity of online retailers like Flipkart, Amazon, eBay, etc, and soaring usage of smartphones contribute to the growth of the subs-segment of the gaming peripherals market. Furthermore, the all-time availability and support on online portals with exciting discounts on branded gaming devices is expected to further strengthen the expansion of the online sub-segment during the forecast period.<br><strong>Region: North America Region to Have Enormous Growth Opportunities</strong><br>By regional analysis, the North America region is anticipated to have the most growth opportunities and is projected to garner a <strong>revenue of $3,716.7 million by 2028</strong>. The gaming industry in the US is one of the fastest-growing sectors and has registered several online gaming tournaments. In addition, the region’s high disposable income and extensive availability of internet services are the factors that boost the growth of the gaming peripherals market in the North America region during the forecast period.<br><a href="https://www.globenewswire.com/Tracker?data=ozVrSVkg9XVA_QR1jjnrHLbifBS9EM9DEZlFLIWaPDZ0NSZW5bkjaxuOhzGDI8tHVKlXKaBg8zzQAgiRlCKrEJ06CSe0AmnoTGTy_XHX50Tq0pa-kQ9Q_AW1L41cOpBeRwp8sn3HdGwQkbTo1mHlrfOtnsgLGztiJrES2noDnCJOPsz2rKRMug7wFLni3uwSh8VhrwBQ5D6K3JmhzPCFlw0YEMnfCOsc_XcbNBykVGAQUm7lLwwI4iHtLN1BFuLSRZNUnOzfVAMx9ggoFWS5vPisGCYi8wU1DaT-9M2vDHQh624j-M2FOTdwQ-e26giX" rel="nofollow noopener" target="_blank" title=""><em><strong>Region: North America has the most growth opportunities in the coming forecast year - Avail Full Report started at $2999 (Read-Only)</strong></em></a><br><strong>Major Gaming Peripherals Market Players</strong><br>The major players of the gaming peripherals market include<br>These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain the market growth. - <em><strong><a href="https://www.globenewswire.com/Tracker?data=w3iNSi--IKK-PjQf5nBywdX4mGWHAUfX9IbmJDDtfgoEzadgDto5fliHYAPHijcUaAzAUB4A3GPQYGzXRm2L1Kazc3O5e7X32HgpyxamvUW2rZexH4cD486iYcpS2MIsT6wr6E0Ed49WUMYVSwQU1_zCm7b9SZqU_Uj2GtTcy93Wq7JVzZJqS0e7uaRS33urbyHd1WIcb-c5ewdwRPF1Doo_dt_X2gzfOqMN2lX7Ihe8aPIM7uj3RQoOrBkpw_t0DbaZNEtYf9hfJTVxXYRuag==" rel="nofollow noopener" target="_blank" title="Check which companies have Product advancements, innovations, and business expansion are common strategies">Check which companies have Product advancements, innovations, and business expansion are common strategies</a></strong></em><br>For example, in November 2021, HyperX, one of the leading gaming peripherals teams worldwide, and GameTruck, an established online video game, teamed up to deliver 100 trucks full of gaming headsets and controller chargers across the country. This collaboration was initiated to attract more gamers and expand the growth of the market in Arizona.<br>The report also sums up many crucial aspects including the financial performance of the key players of the market, SWOT analysis, product portfolio, and the latest strategic developments.<br><em><strong>Related Top Articles:</strong></em><br><br><a href="https://www.globenewswire.com/news-release/2022/03/14/2402645/0/en/Tremendous-Growth-Global-Gaming-Peripherals-Market-Expected-to-Garner-a-Revenue-of-10-905-8-Million-By-2028-Growing-at-a-CAGR-of-10-5-from-2021-to-2028-Exclusively-Available-218-Pa.html">source</a>