Computer Accessories Market Evolving Industry Demand, Revenue and key Insights by 2025
30th November,
2018- Computer
Accessories Market is expected to witness moderate CAGR in the
predicted period. Computers are extensively used as an official conduct in
office automation, hospitals, business and other domains. Computer hardware
comprises motherboard, processors, peripheral controllers and interfaces, pen
drives and hard disks. Peripherals consists of keyboard, monitor, printer,
modem and mouse connected to CPU via cables and interfaces.
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Driving forces responsible for
the growth of computer accessories market includes rise in demand for computer
accessories in office infrastructure coupled with rise in demand for computer
peripherals. Other factors such as organizational use of PCs for reliability
and sophistication in access that helps in smooth functioning from top
management to employees at bottom of hierarchical pyramid, is expected to
stimulate the market growth. In addition, government as well as private office
exhibit a huge need for expert services as well as competent network support
thus stimulating the market growth.
Based on product segmentation,
the computer accessories market includes hard disk, RAM, speakers, monitors,
keyboard and USB storage. Hard disk segment is further bifurcated into internal
and external hard disk. Monitor segment is further categorized into LCD, LED
and TFT. Keyboard segment is further categorized into wireless and wired.
Geographical segmentation for
the computer accessories market include North America, South America, Europe,
Asia-Pacific, Middle-East and Africa. Asia-Pacific market anticipated to grow
at a higher CAGR in the predicted period due to high availability of consumers
coupled with higher demand for computer and computer accessories. North America
and Europe market anticipated at a moderate CAGR growth in the predicted period
owing to low demand for computer accessories owing to consumer’s preference for
cloud storage and adoption to smartphones. The key players in computer
accessories market include Dell, Sony, IBM, Logitech, HP, Toshiba, Seagate
Technology and Western Digital.
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