The Global Aftermarket for PC Accessories is Projected to Reach US$19 Billion by 2024

Wider Availability of PC Accessories in Sophisticated and User-Friendly Designs Drives Growth of Aftermarket for PC Accessories, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Aftermarket for PC Accessories market. The global Aftermarket for PC Accessories is projected to reach US$19 billion by 2024, driven by the widespread availability of PC accessories in highly-innovative designs, with high-speed, noise-less, ergonomic and wireless features.

Aftermarket for PC accessories comprises diverse range of products, broadly categorized as electronic PC accessories and non-electronic PC accessories, based on electronic functionality. While electronic accessories require electricity to perform intended task and are usually connected to the PC through a connectivity medium such as USB, non-electronic PC accessories do not require any electricity and these devices are usually not connected to the PC system. Computer Monitor, Keyboard, Mouse, Gaming Controller, Plug-In Surge Suppressor, USB Hubs, USB Headset, UPS System and Computer Cables are some of the electronic PC accessories. Computer Tool Kits, CD Labeling Kits, Cleaning Kits, Desktop Printer Stands, Computer Dust Covers, Keyboard Holders, Monitor Supports, Carrying Cases, Mouse Pads, and Wrist Supports are some of the non-electronic PC accessories.

Aftermarket for PC accessories demonstrated multi-fold increase in the previous decade, largely on the back of stupendous growth in PC usage in corporate, commercial, institutional and household consumer markets. However, the market is currently experiencing relatively lower demand due to slowdown in PC sales, especially the desktops, and shift in Internet usage patterns towards smartphones. However, demand for PC accessories is poised to stay afloat in the short- to mid-term, despite ongoing slowdown in PC sales and wider proliferation of smartphones. Current trends in the PC accessories market such as roll out of accessory products with advanced features, improvements in functional capabilities, and wider availability of these devices at affordable prices continue to favour market growth.

At the same time, large installed base of PCs in several key regions including the U.S., Western Europe, China and India and increased replacement demand in these countries will help keep demand afloat. Steep expansion in the PC gaming domain, on the back of roll out of blockbuster games and uptrend in e-sports which is attracting professional gamers with huge prize money, will continue to generate demand for gaming-specific PC accessories. Widespread availability of electronic PC accessories in highly-innovative, user-friendly, lightweight, and durable designs with high-speed, noise-less, ergonomic and wireless features, is poised to help the PC Accessories market retain growth momentum.

As stated by the new market research report on Aftermarket for PC Accessories, the United States represents the largest market worldwide. Trailing at a CAGR of 8% over the analysis period, Asia-Pacific ranks as the fastest growing market led by factors such as huge user base of PC in household and enterprise environments; digitalizing lifestyles and growing affluence of the expanding base of middle class population; and rising sales of portable PCs and the resulting demand for wireless PC accessories.   

Major players in the market include Adesso Inc., Apple Inc., ASUSTeK Computer Inc., Corsair Components Inc., Datadesk Technologies Inc., Dell Inc., ELECOM Co. Ltd., HP Development Company L.P., Kinesis Corporation, Lenovo, Logitech International S.A., Mad Catz Interactive Inc., Microsoft Corporation, Primax Electronics Ltd., Razer Inc., Shenzhen Rapoo Technology Co. Ltd., Targus Group International Inc. and Toshiba Corporation, among others.

The research report titled “Aftermarket for PC Accessories: A Global Strategic Business Report” announced by Global Industry Analysts Inc. provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections of Aftermarket for PC Accessories in terms of dollar sales for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World. The report also analyzes the market by Segment – Electronic PC Accessories and Non-Electronic PC Accessories.

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