Computer Peripheral Equipment Global Market Report 2022

Computer Peripheral Equipment Global Market Report 2022

  • March 2022 •
  • 300 pages •
  • Report ID: 6246416 •
  • Format: PDF
Major companies in the computer peripheral equipment market include Intel Corporation, Lenovo Group Limited, HP, Dell Technologies Inc., Seiko Epson Corp., America Movil, Fujifilm Corporation, Asustek Computer Inc., Sharp Corporation and Brother Industries, Ltd.

The global computer peripheral equipment market is expected to grow from $666.29 billion in 2021 to $704.73 billion in 2022 at a compound annual growth rate (CAGR) of 5.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $839.64 billion in 2026 at a CAGR of 4.5%.

The computer peripheral equipment market consists of sales of computer peripheral equipment by entities (organizations, sole traders and partnerships) that provide computer peripheral equipment such as mouse, keyboard, monitor, printer and scanner that connect to a computer system to add functionality.

The main types of computer peripheral equipment are mouse, keyboard, monitor, printer and scanner.A mouse is a handheld input device used to move cursor around a computer screen.

The computer peripheral equipment can wired or wireless and are implemented in various areas such as residential and commercial applications.

North America was the largest region in computer peripheral equipment market in 2021.Asia Pacific was the second largest region in computer peripheral equipment market.

The regions covered in the computer peripheral equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Data volume generated from personal devices and various business operations in many industries is rapidly increasing; this is expected to drive the demand for storage devices during the forecast period.For instance, the total data generated worldwide is projected to reach 163 zettabytes (ZB) by 2025.

In order to manage this rising data volume, the demand for storage devices from both corporate and individual customers is expected to drive the computer peripheral equipment market in the forecast period.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the computer peripheral equipment market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally.COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing.

The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia.Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of ’lock down’ and the outbreak had a negative impact on businesses throughout 2020 and into 2021.

However, there has been an increased demand for laptops and related computer hardware as companies look to support their employees working from home.This demand is expected to negate some of the negative impact caused by the outbreak.

It is expected that the computer peripheral equipment market will recover from the shock across the forecast period as it is a ’black swan’ event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Portable folding keyboards are increasingly becoming popular due to small size and convenience it offers.These keyboards can be connected to devices such as phones, computers, and tablets and are the same size as a regular keyboard when unfolded.

Portable folding keyboards are generally compatible with all major operating systems such as Windows, Android and iOS and can be charged using a USB port. Some of the portable folding keyboards include Microsoft’s Universal Foldable Keyboard, iClever wireless folding keyboard, IKOS foldable keyboard.

In July 2019, Axcel, a Nordic private equity firm focusing on mid-market companies acquired SteelSeries for an undisclosed amount.Through this acquisition, Axcel will be able to leverage the experience within the consumer and technology sectors to develop the company together with its exceptionally talented management team.

SteelSeries, a Danish manufacturer of gaming peripherals and accessories, including headsets, keyboards, mouse and gaming surfaces.

The countries covered in the computer peripheral equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam.