1 Global Gaming Mouse & Keyboards Market Outlook
The global Gaming Mouse & Keyboards market is projected to exhibit substantial growth in the coming years, with a CAGR of 8.63% from 2024 to 2033, reaching a total market size of $2100.47 million USD in 2024. Gaming mice and keyboards are specialized peripherals designed to enhance the gaming experience by offering superior performance, precision, and customization options compared to standard computer peripherals. Gaming mice typically feature adjustable sensitivity, measured in dots per inch (DPI), which allows for more precise control during gameplay. Higher DPI settings enable faster cursor movement, which is particularly useful for gamers who require quick reflexes and precise aiming. Gaming keyboards, on the other hand, are designed with mechanical switches that require less force to activate, resulting in faster response times. They often include additional customizable keys and macro functions, which can be programmed to execute complex sequences of commands with a single keystroke. These features make gaming keyboards ideal for both professional gamers and casual players who seek an immersive and responsive gaming experience.
Figure Global Gaming Mouse & Keyboards Market Size and Growth Rate (2024-2033)
2 Gaming Mouse & Keyboards Market Growth Drivers and Constraints
The growth of the global gaming mouse and keyboards market is driven by several key factors. Firstly, the increasing popularity of online and offline gaming has led to a surge in demand for high-quality peripherals. As gaming becomes more mainstream, both casual and professional gamers are investing in specialized equipment to enhance their performance and experience. The rise of esports tournaments and competitive gaming has also played a significant role in driving market growth. Events such as the League of Legends World Championship, PUBG Global Championship, and Call of Duty World League have attracted millions of viewers and participants, further fueling the demand for advanced gaming peripherals.
Another driving factor is the continuous innovation in technology. The development of new materials, improved sensor technology, and enhanced mechanical switches has led to the creation of more durable, responsive, and customizable gaming mice and keyboards. Additionally, the increasing availability of online sales channels has made it easier for consumers to access these products, contributing to the market’s expansion.
However, there are also several limiting factors that could impact the growth of the gaming mouse and keyboards market. One significant challenge is the high level of competition among manufacturers, which can lead to short product life cycles and the need for constant innovation. This puts pressure on companies to invest heavily in research and development to stay competitive, which can affect their profit margins. The market is also affected by the supply of counterfeit products, which can undermine sales of genuine products, especially in emerging markets where consumers may be less brand-conscious and more price-sensitive.
3 Gaming Mouse & Keyboards Market Innovations and M&A Activities
Technological innovation has been a cornerstone of the gaming mouse and keyboards market. Manufacturers are continuously pushing the boundaries of performance and design to meet the evolving needs of gamers. For instance, Logitech’s acquisition of Streamlabs in 2019 highlights the company’s commitment to integrating advanced software solutions with its hardware products. Streamlabs’ live streaming tools allow gamers to engage with viewers, grow their brands, and monetize their broadcasts across various platforms. This acquisition not only enhances Logitech’s product offerings but also strengthens its position in the gaming market by providing a more comprehensive solution for gamers.
SteelSeries’ acquisition of Nahimic in 2020 is another example of strategic moves aimed at enhancing product capabilities. Nahimic’s 3D sound solutions are used in various gaming-centric devices, and SteelSeries plans to leverage this technology to improve its audio accessories, such as high-end headsets. This move underscores the importance of audio in the gaming experience and the potential for cross-functional integration between different types of gaming peripherals.
In addition to mergers and acquisitions, companies are also focusing on developing new features and improving existing ones. For example, advancements in sensor technology have led to the creation of gaming mice with higher DPI settings and improved accuracy. Mechanical keyboards are being designed with more durable switches and customizable backlighting options, enhancing both functionality and aesthetics. These innovations not only improve the user experience but also create new opportunities for market growth.
In conclusion, the global gaming mouse and keyboards market is poised for continued growth, driven by the increasing popularity of gaming, technological advancements, and strategic corporate moves. While challenges such as competition and counterfeit products remain, the market’s potential for innovation and expansion remains strong. As manufacturers continue to invest in research and development, and as the gaming industry continues to evolve, the future of the gaming mouse and keyboards market looks promising.
4 Global Gaming Mouse & Keyboards Market Analysis by Type
In 2024, the global gaming mouse and keyboards market is projected to see significant sales and market share distribution among different product types. Specifically, gaming mice are expected to achieve sales of 26,470 K units, capturing a substantial market share of 74.33%. Meanwhile, gaming keyboards are anticipated to sell 9,142 K units, holding a market share of 25.67%. This indicates that gaming mice continue to dominate the market, driven by their versatility and essential role in various gaming scenarios, while gaming keyboards also maintain a notable presence, particularly valued for their enhanced functionality and durability.
Table Global Gaming Mouse & Keyboards Sales and Share by Type in 2024
|
Type |
Sales in 2024 (K Units) |
Market Share in 2024 (%) |
|---|---|---|
|
Gaming Mouse |
26470 |
74.33% |
|
Gaming Keyboards |
9142 |
25.67% |
5 Global Gaming Mouse & Keyboards Market Analysis by Application
In 2024, the global gaming mouse and keyboards market is forecast to see significant sales and market share distribution across different applications. Specifically, gaming applications are expected to account for the majority of sales, with 32,621 K units sold, capturing a substantial market share of 91.60%. This reflects the ongoing popularity of gaming activities and the demand for high-performance peripherals tailored for gaming experiences. Meanwhile, office applications are projected to see sales of 2,262 K units, holding a market share of 6.35%, indicating that while gaming remains the dominant use case, there is still a notable demand for these peripherals in non-gaming contexts. Finally, other applications are expected to contribute 730 K units in sales, with a market share of 2.05%, covering miscellaneous uses outside the primary gaming and office scenarios.
Table Global Gaming Mouse & Keyboards Sales and Share by Application in 2024
|
Application |
Sales in 2024 (K Units) |
Market Share in 2024 (%) |
|---|---|---|
|
Office |
2262 |
6.35% |
|
Game |
32621 |
91.60% |
|
Others |
730 |
2.05% |
6 Global Gaming Mouse & Keyboards Market Analysis by Region
In 2024, the global gaming mouse and keyboards market is projected to see significant sales across different regions, with varying market shares. Specifically, North America is expected to achieve sales of 10,062 K units, capturing a market share of 28.26%. Europe is anticipated to sell 8,502 K units, holding a market share of 23.87%. The Asia-Pacific region is forecasted to have the highest sales volume at 14,444 K units, accounting for 40.56% of the market. South America is expected to contribute 1,393 K units with a market share of 3.91%, while Middle East and Africa will see sales of 1,211 K units, holding a market share of 3.40%. These figures highlight the continued dominance of the Asia-Pacific region in the global gaming peripherals market, driven by its large consumer base and growing gaming culture.
Figure Global Gaming Mouse & Keyboards Sales Market Share by Region in 2024
7 Top 3 Companies of Global Gaming Mouse & Keyboards Market
7.1 Logitech
Company Introduction and Business Overview:
Logitech is a leading global provider of personal peripherals and software designed to enhance productivity, creativity, and enjoyment. Established in 1981, Logitech offers a wide range of products, including gaming mice and keyboards, webcams, headsets, and other accessories. The company is known for its innovative and high-quality products, which cater to both professional and casual gamers. Logitech’s gaming division, Logitech G, focuses specifically on developing products for gamers, ensuring that their peripherals meet the highest standards of performance and durability.
Products Offered:
Logitech’s gaming product line includes a variety of mice and keyboards designed for different gaming needs. For example, the Logitech G305 LIGHTSPEED Wireless Gaming Mouse offers high precision and low latency, making it ideal for fast-paced games. The Logitech G213 Keyboard features mechanical switches, programmable keys, and RGB lighting, providing gamers with enhanced customization options. These products are designed to enhance gaming performance and offer a competitive edge to users.
Sales Revenue in the Latest Year:
In the latest year, Logitech’s gaming division reported significant sales revenue, 341.77 M USD. The company’s gaming mice and keyboards achieved a substantial market share, driven by their high-quality products and strong brand reputation. Logitech’s focus on innovation and customer satisfaction has helped it maintain a leading position in the market.
7.2 Razer
Company Introduction and Business Overview:
Razer is a global leader in the gaming hardware and software industry, known for its sleek designs and high-performance products. Established in 2005, Razer offers a wide range of gaming peripherals, including mice, keyboards, headsets, and laptops. The company is committed to providing gamers with the best possible experience through its products and services. Razer’s products are designed to be both functional and stylish, appealing to gamers who value aesthetics as much as performance.
Products Offered:
Razer’s product offerings include the Razer Huntsman Mini, a compact mechanical keyboard with clicky optical switches and customizable RGB lighting. The Razer Ornata V2 features hybrid mecha-membrane technology and a digital wheel for media control. These products are designed to offer a balance of performance and comfort, making them suitable for extended gaming sessions. Razer’s commitment to innovation is evident in its continuous development of new features and technologies.
Sales Revenue in the Latest Year:
Razer’s sales revenue in the latest year reflects its strong market position, 240.35 M USD. The company’s gaming mice and keyboards have achieved significant sales, driven by their advanced features and high-quality construction. Razer’s focus on customer satisfaction and product innovation has helped it maintain a strong presence in the competitive gaming peripherals market.
7.3 Corsair
Company Introduction and Business Overview:
Corsair is a well-known brand in the gaming peripherals market, offering a wide range of high-quality products. Established in 1994, Corsair specializes in designing and manufacturing gaming and streaming peripherals, components, and systems. The company’s products are designed to meet the needs of both professional gamers and enthusiasts, providing superior performance and durability. Corsair’s commitment to innovation and quality has helped it build a strong reputation in the industry.
Products Offered:
Corsair’s product line includes the K60 RGB PRO Mechanical Gaming Keyboard, which features CHERRY VIOLA mechanical keyswitches and customizable RGB backlighting. The M65 RGB ELITE Tunable FPS Gaming Mouse offers an 18,000 DPI optical sensor and a durable aluminum frame. These products are designed to provide gamers with the precision and responsiveness needed for competitive gaming. Corsair’s focus on quality and performance has helped it build a loyal customer base.
Sales Revenue in the Latest Year:
Corsair’s sales revenue in the latest year highlights its strong market position, 101.17 M USD. The company’s gaming mice and keyboards have achieved significant sales, driven by their high-quality construction and advanced features. Corsair’s commitment to innovation and customer satisfaction has helped it maintain a leading position in the competitive gaming peripherals market.