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Computer Accessories Market Segmented By product that is Printers, PC Gaming Peripherals, External HDD, Keyboards, Pointing Devices, Webcams used in Business Sector, Consumers Sector.
There has been a substantial upsurge in demand for computer accessories due to the non-portable features and functions of computers. Most of organizations spent certain amount from their operational expenses on computer accessories for continuously operating their day to day activities without any intervention.
The regular maintenance of hardware and software components of the organizations enable them to work efficiently. Adoption of process automation in industries is one of the primary factors which drives growth in computer accessories market.
Many business users buy these accessories from third-party providers and sell it at the low price so that end-users can select accessories as per their requirement and budget. As there are few vendors in computer accessories market, it requires continuous updates and innovation as it is technologically advanced.
Many manufacturers develop the products for computers due to the usage of accessories in new computers and replacement applications. There is an increase in usage of computer accessories such as hard drives, mouse, and keyboards due increasing dependency on digitization.
Factors such as rising security concerns, resulting in the increased usage of computer accessories in PC-enabled offices, contributing to the growth of this market segment in the forecast period.
There are several factors that contribute to the immense growth of the global computer accessories market. Increase in the usage of accessories by different industries and niche consumer sectors is expected to drive the market rapidly. Vendors of the computer accessories market are approaching with several new products based on advanced technologies, which will have an impact on the growth of computer accessories market
Evolving smartphones & tablets and falling demand for standalone devices are posing a severe threat to the computer accessories market.
Computer Accessories market segmented by product and end-user.
Few prominent players in Computer Accessories market include Logitech, Seagate Technology, Western Digital, Toshiba Corporation, HP Development Company, Lexmark International, Seiko Epson, and Microsoft Corporation, etc.
Geographically, North America is expected to be the dominant revenue contributor in the computer accessories market owing to the increase in the number of online gamers and enhanced standards of gaming experiences and rapid technological advancements which are followed by APAC.
APAC will be the fastest growing market due to the rise in disposable incomes of people in this region and the increasing popularity of online gaming. Latin America and MEA are expected to grow significantly over the forecast period.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.