Global Gaming Keyboard & Mouse Market Trend By Type (Gaming Keyboard, Gaming Mouse), By Application (Personal Use, Internet Bar), By Geographic Scope And Forecast

The Global Gaming Keyboard & Mouse Market was valued at USD 6.3 billion in 2023 and is expected to surpass USD 12.7 billion by 2031, growing at a CAGR of 9.1% during the forecast period of 2023 to 2031. The growth is fueled by the increasing popularity of gaming worldwide, rising demand for gaming peripherals with enhanced ergonomics, and the growing adoption of high-performance devices among professional and casual gamers.

Gaming keyboards and mice are essential peripherals designed to enhance gaming experiences, offering features such as customizable buttons, faster response times, and enhanced durability. The expanding esports industry and increasing disposable incomes in developing regions are further driving market growth.

Drivers

Growing Esports Industry: The burgeoning esports sector has amplified the demand for high-quality gaming peripherals. Players require precision and responsiveness, which gaming keyboards and mice provide.

Technological Advancements: Features like mechanical switches, RGB lighting, wireless connectivity, and advanced customization options have made gaming peripherals more appealing to consumers.

Rising Popularity of Online Gaming: With the growth of online multiplayer games, there is an increasing need for high-performance peripherals that improve gameplay.

Restraints

High Cost: Advanced gaming keyboards and mice are significantly more expensive than standard peripherals, which may deter price-sensitive consumers.

Availability of Low-Cost Alternatives: The market is flooded with inexpensive gaming peripherals, which may negatively impact premium product sales.

Opportunity

Emerging Markets: Regions such as Asia-Pacific and Latin America present immense growth opportunities, driven by increasing penetration of gaming and esports.

Integration of AI and Smart Features: The incorporation of AI-powered adjustments and smart customizations in peripherals offers significant potential for innovation and market expansion.

Market by System Type Insights

Mechanical Keyboards dominate the keyboard segment due to their superior performance and durability compared to membrane keyboards.

Wireless Gaming Mice are gaining popularity, driven by advancements in battery technology and reduced latency.

Market by End-Use Insights

Individual Consumers account for the largest market share, driven by casual and professional gamers.

Esports Organizations represent a growing segment due to their significant investment in premium gaming setups.

Market by Regional Insights

North America led the market in 2023, driven by the established gaming culture and high disposable income.

The Asia-Pacific region is expected to witness the fastest growth, supported by rising smartphone penetration, growing esports participation, and increasing disposable incomes in countries like China and India.

Competitive Scenario

Leading players in the market include Logitech International S.A., Razer Inc., Corsair Components Inc., SteelSeries ApS, HyperX (HP Inc.), and AsusTek Computer Inc. These companies focus on technological innovations, product launches, and strategic partnerships to strengthen their market position. Recent developments include Logitech’s launch of its new wireless mechanical keyboard series in 2024 and Razer’s advanced customizable gaming mouse with AI-enabled precision adjustments in 2025.

Scope of Work – Global Gaming Keyboard & Mouse Market

Key Market Developments

2023: Logitech launched a new series of wireless gaming keyboards with improved latency and customizable RGB features.

2024: Razer introduced AI-powered gaming mice that adjust sensitivity and macros based on user behavior.

2025: SteelSeries partnered with esports organizations to develop exclusive peripherals tailored for professional tournaments.

FAQs

What is the current market size of the Global Gaming Keyboard & Mouse Market? The market size was valued at USD 6.3 billion in 2023.

What is the major growth driver of the Global Gaming Keyboard & Mouse Market? The key growth drivers include the rising popularity of esports and technological advancements in gaming peripherals.

Which is the largest region during the forecast period in the Global Gaming Keyboard & Mouse Market? North America currently dominates the market, while Asia-Pacific is expected to experience the highest growth.

Which segment accounted for the largest market share in the Global Gaming Keyboard & Mouse Market? The mechanical keyboards segment holds the largest market share by system type.

Who are the key market players in the Global Gaming Keyboard & Mouse Market? Key players include Logitech International S.A., Razer Inc., Corsair Components Inc., SteelSeries ApS, HyperX, and AsusTek Computer Inc.

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