PC accessories are devices that are connected to computer internally or externally. These devices enhance efficiency and functionality of computers. A computer has to be equipped with all the necessary accessories in order to carry out all the tasks in the more efficient way. These accessories make each task very fast and easy. From large organizations to start-ups, and even individuals, pc accessories are of a great benefit.
The PC accessories market is expected to witness a significant growth in the coming years. Increasing demand for assembled personal computers is a major factor leading to the growth of the overall market. Assembled computers allow choice of components as per the requirement of customers.
Moreover, the non-portable feature of the computers has forced the organizations to include more computers for every individuals, which in turn has led to increased demand for PC accessories. Growing demand from various business organizations is fueling the growth of the global PC accessories market.
Various organizations are opting for process automation, which is significantly contributing to the development of the PC accessories market
However, growing penetration of smartphones and tablets is posing a threat to the growth of the global PC accessories market. Additionally, the need for constant technological advancements is also restraining market growth.
One of the latest trends gaining momentum in the global PC accessories market is the growing popularity of online gaming. Online gaming not only offers entertainment; it has also become a common form of socialization for players involved. A wide reach of Internet is leading to easy communication between people around the world. Games such as PUBG, Pokémon Go, etc., provides testimony to these changing trends.
The global PC accessories market can be segmented based on product type, end use, distribution channel, and region. In terms of product type, the market can be classified into external HDDs, gaming accessories, portable speakers, pointing devices, webcams, keyboards, headsets, mouse pad, scanner, printer, and others (remote, projector etc.).
Based on end use, the PC accessories market can be bifurcated into business and consumers. Business segment is dominating the market in terms of end use. In terms of distribution channel, the market can be classified into offline channel and online channel. Online channel can be sub-divided into company-owned website and e-Commerce website. Offline channel can be sub-divided into hypermarkets & supermarkets, brand stores, and specialty stores.
Based on region, the global PC accessories market can be classified into North America, South America, Asia Pacific, Middle East & Africa, and Europe. Furthermore, the regions are divided into countries such as the U.S., Canada, Germany, France, Italy, the U.K., GCC Countries, China, India, Japan, and Brazil. In terms of value, North America is expected to account for the major share of the global PC accessories market during the forecast period. Rapid technological advancements will lead to the increased demand in North America.
The global PC accessories market is moderately competitive, owing to the presence of both local as well as regional players across the world. Moreover, with the entry of new vendors, the competitive environment among players in the PC accessories market is expected to intensify in the coming years. Major players are focusing on incorporation of advanced technologies, product innovation, mergers & acquisitions, and geographical expansion to gain a strong position in the market.
Key players operating in the global PC accessories market are Logitech International S.A., The Hewlett-Packard Company, Seagate Technology PLC, Toshiba Corporation, Western Digital Corporation, Canon Inc., Seiko Epson Corporation, Lexmark International, Inc., Microsoft Corporation, Samsung, Apple Inc., Dell Inc., and International Business Machines Corporation