Gaming Accessories Market Updates

Global Gaming Accessories Market size was valued at USD 6.57 Billion in 2023 and is poised to grow from USD 6.98 Billion in 2024 to USD 11.39 Billion by 2032, growing at a CAGR of 6.3% in the forecast period (2025-2032).

Competitors in the highly competitive global gaming accessories market compete with each other on the grounds of brand positioning and innovation. The leaders in the market, Logitech, Razer, and Corsair, focus on designing high-performance products with state-of-the-art features such as wireless connectivity, ergonomic and sleek design, and adjustable lighting. Some of the most significant actions are collaborations with e-sports teams, distinctive product releases, and ongoing innovation in products. To be a force in the highly dynamic business, the companies also invest considerable amounts of money in advertising through sponsorships and influencer partnerships. 'Logitech', 'Razer', 'Corsair', 'SteelSeries', 'Turtle Beach', 'HyperX (Kingston Technology)', 'Logitech G', 'MSI', 'ASUS', 'Redragon', 'Roccat (Turtle Beach)', 'Cooler Master', 'BenQ', 'Logitech UE (Ultimate Ears)', 'SteelSeries Arctis'

The rapid expansion of esports has become a major driver for the gaming accessories market as competitive gaming necessitates specialized high-performance gear for optimal performance. Competitive players and esports experts become more reliant on precise gaming gear, as a testament to average annual spending by American competitive gamers of USD 425 for gaming peripherals and game downloads. Increased spending on gaming peripherals comes at the heels of the demand for extreme precision optical sensors on gaming mice, the lowest possible actuation distance of gaming keyboard switches, and retractable rear paddles for professional controllers.

Cordless and Wireless Accessories: Due to the increasing demand for convenience and mobility, wireless gaming equipment has gained greater and greater popularity. With the trend towards the minimalist game configuration, wireless keyboard, mouse, and headsets provide a clutter-free gaming environment. Improved gaming experiences and greater use across the world are the consequences of enhanced Bluetooth and wireless technology, which have provided wireless devices with greater responsiveness and stability.

What Drives North America's Dominance in the Gaming Accessories Market?