Global Wireless Mouse Market

Global Wireless Mouse Market Size, Share, Growth Analysis, By Product Type(Radio Frequency Devices, Bluetooth Devices), By Distribution Channel(Offline, Online) - Industry Forecast 2024-2031


Report ID: SQMIG20D2162 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

Global Wireless Mouse Market Insights

Wireless Mouse Market size was valued at USD 3.62 billion in 2019 and is poised to grow from USD 3.9 billion in 2023 to USD 6.61 billion by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031).

Constant product and technological innovations and advancements, such as extended battery life and improved product design, by several key players are the major factors driving the market expected to drive the market growth during the forecast period. In addition, computer technology is transforming rapidly, and many new innovative products are being introduced to the global market. As a result, the mouse is also changing rapidly along with advancements in wireless technologies. For instance, in June 2021, Switzerland based firm Logitech launched its G PRO Wireless Gaming Mouse, which is the first product to feature a new and latest carbon impact level. In addition, according to the UK Interactive Entertainment Association games audience was estimated from nearly 2.2 billion to 2.6 billion people across the globe which utilizes wireless mouse for playing video games on their desktop.

The adoption of developed wireless technologies is gaining traction in the electronics industry, as these developed devices offers hassle-free and flexible functionality as per our convenience. These devices include wireless mouse which are widely accepted and employed for personal and business use. Since they provide quick response and free movement as compared to the standard wired mouse that is connected through a cable. Due to the wide acceptance and continuously growing development the global wireless mouse market is expected to have a positive impact throughout the forecast period.

The rising popularity of video games owing to ease of access to high speed internet connection and compatible hardware is also expected to boost the market demand in the coming years. Moreover, due to the extensive growth in the gaming subscription across the globe, major manufacturers including Logitech and Razer are mainly focusing on technologically advanced devices to meet application specific requirements.

US Wireless Mouse Market  is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Wireless Mouse Market size was valued at USD 3.62 billion in 2019 and is poised to grow from USD 3.9 billion in 2023 to USD 6.61 billion by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031).

The global wireless mouse market is highly competitive with the presence of several international and local players across the globe. Product diversification, advancement, merger & acquisition and quality enhancing are the leading key strategies opting through prominent market players. For instance, in 2020, Samsung Corporation acquired a network service provider TeleWorld Solutions to accelerate U.S. electronics network expansion. 'ALogitech', 'Microsoft', 'HP', 'Dell', 'Apple', 'Lenovo', 'Razer', 'Corsair', 'ASUS', 'SteelSeries', 'Roccat', 'HyperX', 'Redragon', 'Cooler Master', 'Zowie', 'Anker', 'Trust', 'TeckNet', 'Jelly Comb', 'VicTsing'

Increase in the demand for wireless mouse with the rising adoption of advanced technology in several types of mouse across the world is the leading driver of the global wireless mouse market over the forecast period.

Growing Number of Gamers: The growth in trend of wireless devices and a rise in the number of gamers in the recent years is driving the growth of global wireless mouse market. 

North America dominated the global wireless mouse market with a significant market share in 2022 and is set to continue its position throughout the forecast period. Increasing number of professional video gamers and their rising expenditure on the gaming products is the major driving factor of the market in the region.

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Global Wireless Mouse Market

Product ID: SQMIG20D2162

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