Laptop Accessories Market Size Worth $75.64 Billion By 2032 | CAGR: 6.5%

Laptop Accessories Market Size Worth $75.64 Billion By 2032 | CAGR: 6.5%


The global laptop accessories market size is expected to reach USD 75.64 billion by 2032, according to a new study by Polaris Market Research. The report “Laptop Accessories Market Share, Size, Trends, Industry Analysis Report, By Type (Electronic, Non-electronic); By End-use; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rising purchasing power in growing economies such as Thailand, Brazil, India, and China encourages customers to spend more on electronics products, which boosts laptop accessory sales. Laptop accessories sales are increasing as more corporate offices are opening globally. In addition, it is anticipated that the markets for laptop accessories in South and East Asia will rise due to growing urbanization, rising disposable income, and e-commerce penetration. On the other hand, the accessibility of laptop accessories at retail stores is having a favorable impact on market expansion.

A laptop's touchpad and keyboard are uncomfortable compared to a mouse and an external keyboard. Connecting a wired keyboard and mouse is also a difficult problem. Adjusting those wires is a tedious process. A new attachment has emerged to address this issue: the Logitech MK215 Wireless Keyboard & Mouse Combo. In addition to being comfortable, it streamlines and speeds up the complex process. The market for laptop accessories is the largest in Asia Pacific compared to other regions. Newly developed businesses and the presence of multinational companies in this region boost market growth. Product innovation and the cost-effectiveness of those accessories also stimulate market growth.

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Western Digital Corp., in association with Epic Games and Nintendo, released the first Fortnite SanDisk microSDXC card for the Nintendo Switch in September 2022. Microsoft introduced the HoloLens 2 mixed reality headset in India in January 2022 to enable companies from various sectors to utilize the possibilities of mixed reality solutions. It was first unveiled at MWC Barcelona roughly three years ago, and its makers claim it would improve employment opportunities for those working in the industrial, automotive, healthcare, and educational sectors.

Laptop Accessories Market Report Highlights

  • Electronic segment witness the largest growth over the forecast period owing to increasing demand for work-from-home jobs and students shifting towards online learning.
  • Personal segment is expected to hold a significant market share over the forecast period due to the sudden change from working from the office to working from home.
  • Offline segment is expected to hold a significant market share over the forecast period as a huge no of customers prefers purchasing in the offline market, which boosts the retail chains of these products.
  • Asia-Pacific is expected to grow at a significant CAGR over the projected period on account of the greater presence of corporate headquarters in the region. Additionally, increased sales of laptop accessories are being made by the home market as a result of significant regional e-commerce penetration.
  • The global players include Logitech, Western Digital, Bartec, Fluke, Bourns, Tripp Lite, Keysight Technologies, HP Inc., ASUSTeK Computer, Dell, GIGA-BYTE Technology, Fellowes Brands, Panduit, Eaton, Seagate Technology, Microsoft, Kingston, and Hama.

Polaris Market Research has segmented the Laptop Accessories market report based on Type, End-use, Distribution Channel and region:

Laptop Accessories, Type Outlook (Revenue, USD Billion, 2019 - 2032)

  • Electronic
    • Charger & Adapter
    • Battery
    • Memory Drives
    • Mouse & Keyboard
    • Audio Devices
    • Others (Adapters, readers, cooling fan, etc.)
  • Non-electronic
    • Mouse Pad
    • Stand & Holder
    • Protective Case
    • Others (Key guards, laminates & covers, anti-thefts, cleaning, etc.)

Laptop Accessories, End-use Outlook (Revenue, USD Billion, 2019 - 2032)

  • Personal
  • Commercial

Laptop Accessories, Distribution Channel Outlook (Revenue, USD Billion, 2019 - 2032)

  • Offline
  • E-commerce

Laptop Accessories, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

 

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa