Press Release

The global gaming peripheral market revenue surpassed US$ 6.74 billion in 2024 and is predicted to attain around US$ 17.52 billion by 2033, growing at a CAGR of 11.2% during the forecast period from 2025 to 2033.

The growing global gaming community, particularly within the realms of e-sports and virtual games, is playing a pivotal role in driving market growth. As the popularity of e-sports continues to surge, the global esports audience is projected to surpass 640.8 million by 2025. This remarkable expansion is fueled by the widespread adoption of gaming worldwide and the improvement of streaming options, which have made it easier for individuals to engage with and participate in the esports community. 

The increase in viewership is evident; in 2020, approximately 435.7 million viewers tuned in, and by 2022, this number had risen significantly to 532.1 million. Such growth not only showcases the increasing interest in competitive gaming but also highlights the demand for high-performance gaming peripherals that cater to the specific needs of gamers. As more players join the esports movement, there is a corresponding rise in the demand for specialized gaming peripherals, such as keyboards and gamepads. 

Additionally, the increasing desire for immersive and lifelike gaming experiences has opened up new avenues for innovation in the gaming peripheral market. The integration of body sensors and other peripheral devices allows players to engage more fully with the virtual environments they inhabit. This trend is further complemented by the demand for high-quality gaming consoles that can support advanced graphics and realistic gameplay. 

Gaming Peripheral Market Key Takeaways

• The gaming peripheral market is projected to present a substantial revenue opportunity, estimated at US$ 17.52 billion by 2033, with a compound annual growth rate (CAGR) of 11.2% from 2025 to 2033.
• Individual consumers have emerged as the largest segment of buyers in the gaming peripheral market, accounting for over 51.2% of the market share. This dominance can be attributed to the explosive growth of the gaming industry and the increasing accessibility of various gaming platforms. 
• In terms of platform preference, gaming consoles have maintained a commanding position within the market, holding over 72.1% of the market share. The sustained demand for gaming consoles is driven by several factors, including continuous innovations in hardware capabilities and the availability of exclusive game titles that attract gamers. 
• When examining connectivity options, wired gaming peripherals dominate the market, capturing over 62.7% of the market share. Their popularity is due to their reliability and the fact that they do not rely on batteries, which can be a concern for gamers who prioritize uninterrupted gameplay. 

North America to Control About 34% of Revenue Share

North America has firmly established itself as the largest gaming peripheral market, commanding over 34% of the global market share. This impressive dominance is largely due to the region's robust gaming culture, coupled with high disposable incomes and a tendency for early adoption of new technologies. Within this landscape, the United States plays a pivotal role, contributing more than 80% of North America's market share. This translates to approximately 24 million console units sold annually in the country, highlighting the significant demand for gaming peripherals among American consumers.

As gamers become more conscious of their health during extended play sessions, ergonomics-focused peripherals are gaining popularity. Devices designed with comfort and long-term use in mind, such as ergonomic keyboards and mice, are being favored by those who understand the importance of maintaining physical well-being while gaming. 

Additionally, the rapid expansion of esports and cloud gaming has created a growing necessity for low-latency wireless peripherals that are optimized for online and cloud-based gaming platforms. These devices enable gamers to experience seamless gameplay without lag or connectivity issues, further driving their demand. The esports landscape in the United States is poised for significant growth, with expectations of an esports user penetration rate of 23.4% by 2028. As of 2023, the United States boasted the highest number of active esports players worldwide, reflecting the increasing popularity of competitive gaming. 

Market Overview

Global gaming peripheral market is currently experiencing a significant transformation, driven by the rapid expansion of the gaming industry and an ever-growing community of gaming enthusiasts. As gaming becomes increasingly mainstream, peripherals such as keyboards, mice, headsets, and controllers have evolved far beyond their traditional roles. They now offer advanced features that enhance the gaming experience, including customizable RGB lighting, ergonomic designs, and high-precision sensors. These innovations not only cater to gamers' preferences for aesthetics but also improve comfort and performance during extended gaming sessions.

In addition to technological advancements, the rising disposable income among consumers plays a crucial role in fueling demand for high-quality gaming peripherals. As gamers seek to elevate their gaming experiences, they are willing to invest in premium peripherals that offer enhanced functionality and performance. This trend is further bolstered by an increasing interest in immersive gaming experiences, leading consumers to prioritize high-performance devices that can support their gaming habits. 

Moreover, the growth of e-commerce platforms and online retail channels has made gaming peripherals more accessible to a global audience. Consumers can easily browse and purchase several peripherals from the comfort of their homes, eliminating geographical barriers and expanding market reach. This convenience has encouraged a broader spectrum of gamers to invest in high-quality equipment, further fostering market growth.  

Market Growth Factors

Driver

Rapid Growth of Esports: The rapid growth of esports has significantly fueled the demand for high-performance, precision gaming peripherals. As esports continues to gain popularity, the competitive nature of these games has heightened the need for equipment that can provide gamers with a competitive edge. 

Technological Advancements in AI and VR: Technological advancements in artificial intelligence (AI) and virtual reality (VR) are revolutionizing the capabilities of gaming peripherals, leading to more immersive and dynamic gaming experiences. Future developments may include smart peripherals that adapt in real time to gameplay conditions or fully immersive setups that combine haptic feedback and visual cues to create an unparalleled gaming experience.

Restraint

Cross-Platform Compatibility: The gaming landscape includes a variety of platforms, such as PCs, consoles, and mobile devices, each with unique specifications and software requirements. As a result, gaming peripherals must be designed to function seamlessly across these diverse platforms. However, achieving this compatibility can be complex and resource-intensive, leading to potential limitations in product offerings.

Balancing Advanced Features with User-Friendly Interfaces: Modern gaming peripherals are often equipped with high-tech functionalities, such as programmable buttons, customizable lighting, and advanced sensor technology. While these features can enhance performance and user experience, they may also complicate the product's usability, particularly for less experienced gamers or those who prefer simplicity.

Top Trends

Customizable RGB Lighting and Modular Designs: The integration of customizable RGB lighting and modular designs in gaming peripherals offers an exciting array of personalization opportunities for gamers.

Sustainable Materials and Eco-Friendly Manufacturing Processes: The adoption of sustainable materials and eco-friendly manufacturing processes in the gaming peripherals industry represents a significant step towards environmental responsibility.

Recent Developments

• In March 2025, ASUS launched the "Make Your Dream PC a Reality!" global giveaway, providing gaming enthusiasts with a chance to win high-performance hardware valued at up to US$13,000. The contest, which runs from March 4 to April 17, 2025, allows participants to win AMD and Intel 800 series motherboards, ASUS GeForce RTX 50 series graphics cards, high-end gaming peripherals, and much more.
• In February 2025, Razer teamed up with Mojang Studios to introduce a new line of officially licensed Minecraft gaming peripherals. This exciting collaboration combines Razer’s high-performance hardware with the iconic blocky style of Minecraft, creating an immersive gaming experience for fans.
• In January 2025, AMD launched the Ryzen 9 9950X3D and 9900X3D processors, boasting a 20% faster gaming performance than Intel’s flagship Arrow Lake processors.

Global Gaming Peripheral Market Major Players:

• Alienware
• Anker Innovations Limited
• Cooler Master Technology, Inc.
• Corsair Components, Inc.
• Eastern Times Technology Co., Ltd. (Redragon)
• Gamdias
• Guillemot Corporation S.A
• HyperX
• Kingston Technology Company, Inc.
• Logitech International S.A
• Mad Catz
• Razer, Inc.
• GIGA-BYTE Technology Co., Ltd.
• Sades
• Sennheiser Electronic GmbH & Co. KG
• Sharkoon Technologies
• Shenzhen Rapoo Technology Co., Ltd.
• Sony Corporation
• SteelSeries
• Thermaltake Technology Co., Ltd.
• Turtle Beach Corporation
• Other Prominent Players

Key Segment Overview:

By Device

• Input Device
  • Controller
  • Gamepads
  • Gaming Mice
  • Headsets
  • Joysticks
  • Keyboards
  • Steering Wheel
  • Web Camera
  • Others
• Output Device
  • AR/VR Headsets
  • Gaming Headsets
  • Head-mounted Display
  • Printer
  • Speakers
  • TFT and CRT Monitor
  • Others (Graphics Card, Digital Camera, etc.)
  • By Platform
  • Gaming Consoles
  • PC (Desktop/Laptop)

By Platform

• Gaming Consoles
• PC (Desktop/Laptop)

By Connectivity

• Wired
• Wireless
  • Bluetooth
  • Wi-Fi
  • Others

By Distribution Channel

• Offline
• Online

By End-User

• Individual
• Enterprises
• Commercial
  • Game Parlors
  • Theme Parks/ Amusement Centers

By Geography

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa (MEA)