Gaming peripheral market to grow by USD 3.36 billion during 2021-25: Technavio

Image-Technavio-Gaming-peripheral-market-MediaBrief.jpgThe gaming peripheral market is set to grow by USD 3.36 billion, progressing at a CAGR of almost 7% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Corsair Components Inc., GN Store Nord AS, Kingston Technology Co. Inc., Logitech International SA, Microsoft Corp., Razer Inc., Sennheiser electronic GmbH and Co. KG, Sony Corp., SteelSeries ApS, and Turtle Beach Corp. are some of the major market participants.

The rising popularity of e-sports will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.