The global Laptop Accessories market size is expected to be worth around US$ 66.3 billion by 2030, according to a new report by Vision Research Reports.
The global Laptop Accessories market size was valued at US$ 36.4 billion in 2020 and is anticipated to grow at a CAGR of 7.3% during forecast period 2021 to 2030.
|Market Size||US$ 66.3 billion by 2030|
|Growth Rate||CAGR of 7.3% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Segments Covered||Type, Distribution Channel, End use|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Logitech; Western Digital Corporation; Hewlett-Packard Company; ASUSTeK Computer Inc.; Dell; GIGA-BYTE Technology Co., Ltd.; Seagate Technology LLC; Microsoft; Kingston Technology; Hama|
Increased customer demand for consumer electronics is fueling the growth of the accessories linked with them. Customers need to acquire laptop accessories in an average time period of 3-5 years, thus their short life span promotes their growth in terms of volume. Moreover, innovation in the field of laptop accessories encourages buyers to purchase new products, resulting in a significant increase in the market growth.
The demand for laptop accessories is primarily driven by the growing popularity of e-sports and the adoption of process automation in industries. Personal computer sales were predicted to decrease ten years ago, but it has only recently witnessed its first significant increase in a decade.
By Type Analysis
The electronic segment held the largest share of over 60.0% in 2020. Demand for laptops has increased as lockdown restrictions were eased owing to the increased need for work from home and the push for online learning.
On e-commerce platforms. This increase in demand for laptops is increasing the demand for electronic accessories, such as wireless keyboards and mouse.
By End-use Analysis
The personal segment dominated the market and captured a revenue share of over 57.0% in 2020. This is mainly attributed to the sudden shift from work from office to work from home on the backdrop of the pandemic and subsequent lockdown.
The commercial segment is expected toregister the highest CAGR of 8.7% during the forecast period. The increasing demand for laptop accessories, such as webcams, speakers, and pointing devices, from the business sector is expected to favor the growth of the commercial segment. there has been an increase in peripheral demand. In both the commercial sector and the high-tier market, there is a considerable and concurrent increase in shares invested.
By Distribution Channel Analysis
The offline segment dominated the market and held a revenue share of over 61.0% in 2020. This is mainly due to the fact that a large section of consumers still prefers physical shopping of electronic appliances.
The e-commerce segment is expected to exhibit the fastest growth rate of 6.9% over the forecast period. The rise of the online category can be ascribed to the technical improvements and the increasing importance given to online platforms for purchasing laptop accessories, particularly by consumers looking for bargains.
By Regional Analysis
Asia Pacific accounted for the largest revenue share of over 35.0% in 2020. In Asia Pacific, the primary markets for laptop accessories are China, Japan, and South Korea (Republic of Korea). Increased industrialization is also contributing to the growth of consumer electronics in the region.
according to Amazon India, there has been a 1.7-fold increase in searches for headphones and earphones, a doubling of searches for laptops and tablets, a nearly 1.2-fold increase in searches for stationery, over 2 times for mouse and keyboards, 1.3 times for printers, over 3 times for routers, and 2.5 times for study tables.
Western Digital Corporation
ASUSTeK Computer Inc.
GIGA-BYTE Technology Co., Ltd.
Seagate Technology LLC
Charger & Adapter
Mouse & Keyboard
Others (adapters, readers, cooling fan, etc.)
Stand & Holder
Others (Key guards, laminates & covers, anti-thefts, cleaning, etc.)
By Distribution Channel
Central and South America
Middle East and Africa
The Laptop Accessories market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Laptop Accessories market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Laptop Accessories market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Laptop Accessories market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Laptop Accessories market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Laptop Accessories capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Laptop Accessories by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Laptop Accessories market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Laptop Accessories market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Laptop Accessories market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Laptop Accessories industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Laptop Accessories market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Laptop Accessories market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Laptop Accessories market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Laptop Accessories market. These factors have benefited the growth of the global market for Laptop Accessories. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Laptop Accessories. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Laptop Accessories are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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