PC Peripherals Market Size, Share, Growth Analysis, By Product Type(Input Devices, Output Devices, Storage Devices), By Device Type(PC, Gaming Consoles), By Connectivity(Wired PC Peripherals, Wireless PC Peripherals), By Distribution Channel(Offline, Online), By End-use(Residential Use, Commercial Use), By Region - Industry Forecast 2024-2031

Based on the region, the North American region currently dominates the global PC peripherals market. The U.S. market is anticipated to contribute most to the growth of the regional market. Another significant aspect influencing the industry in the region is the presence of the most well-known businesses there. For instance, Apple said in April 2022 that it would introduce two new Macs at WWDC 2022.

During the forecast period, the European market is expected to grow significantly. According to projections, the U.K. will probably play the most active role in driving the market. The expanding participation of the government can be attributed to the expansion of the regional market. For instance, the UK government gave six UK colleges and laboratories 15 million euros to work on the largest radio telescope in the world. There will be two Oxford teams working on software and hardware. During the forecast period, the market is anticipated to grow due to such initiatives.

Asia Pacific will also show growth during the forecast period as emerging economies such as India and China are investing in digitizing education and providing remote services to many students.  Emergence of small business and start-ups will bring growth opportunities for PC peripherals market in this region.