Gaming Accessories Market Size

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% during the forecast period (2025-2032).

The global gaming accessories market growth is driven by the growing demands of competitive gaming and technological innovation. Gaming peripherals have evolved from simple gaming input devices to high-technology equipment engineered for peak performance, and firms focus on producing specialized gaming peripherals that offer precise control and added durability. According to industry surveys, over 214 million US gamers alone on a regular basis engage in game activity, and this confirms the expanding base of gamers for game peripherals. Following this increase in gaming activity comes increased demand for high-performance-peripherals like incredibly precise optical sensor mice, highly optimized mechanical keyboards with optimized actuation distances, and customizable controllers.

Moreover, the merging of the latest technologies is transforming the global gaming accessories market outlook, particularly in the virtual and augmented reality segment. Industry projections estimate that the user base of AR and VR games will reach 216 million users by 2025, while around 59% of technology CEOs identify gaming as the primary reason for implementing VR technology. Big manufacturers are confronting this trend with the introduction of new VR-compatible accessories and peripherals, such as Sony's next-gen VR headsets for PlayStation 5 and HP's introduction of the Reverb G2 VR headset with cross-platform compatibility.

What Impact Does AI Have on Gaming Accessories?

By augmenting the gaming experience with smart devices such as AI-driven gaming mice, headphones, and controllers, artificial intelligence is revolutionizing the gaming accessories industry. With adaptive feedback and predictive analytics that adjust in real time according to player actions, these technologies enhance gaming. The setting could become more immersive with AI-driven accessories that enhance accuracy, ergonomics, and immersion.

• For instance, in January 2024, Logitech launched their AI-driven "G Pro X" gaming headset, which is equipped with adaptive sound technology. It has real-time adjustments of audio while gaming, promoting realism and precision by dynamically scaling audio levels as per the in-game situation of the player.