The Sales of gaming hardware reached US$ 34.2 Billion in 2021, and are forecast to register a Y-o-Y increase of 6.1% in 2022 to be valued at US$ 36.3 Billion. Across the 2022-2032 assessment period, the gaming hardware market is projected to expand at a 4.6% CAGR to reach US$ 56.8 Billion.
The Gaming Hardware Industry sales study offers a comprehensive analysis on diverse features including production capacities, Gaming Hardware demand, product developments, sales revenue generation and Gaming Hardware market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Gaming Hardware market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
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The readability score of the Gaming Hardware market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Gaming Hardware market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Gaming Hardware along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Gaming Hardware market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Rising Implementation of Games across Key Government Agencies to Fuel Growth
According to Fact.MR, gaming hardware sales in the U.S are expected to flourish at a 5.6% CAGR until 2032, reaching US$ 16.4 Billion. Throughout the period of assessment, the region will register absolute dollar growth worth US$ 6.8 Billion. An increase in online gaming popularity will propel sales across the forecast period. In addition, government initiatives to promote e-sports methods to better attain agency goals have led to proliferation of advanced gaming hardware.
Key Companies Profiled
- Microsoft Corporation
- Nintendo Co. Ltd.
- NVIDIA Corporation
- Sony Corporation
- Logitech International S.A
- Magic Leap Inc.
- A4Tech Co. Ltd.
- SCUF Gaming International LLC
- V-MODA LLC
- Razer Inc.
- Turtle Beach Corporation
Competitive Landscape
Prominent gaming hardware manufacturers are emphasizing on technological innovations to introduce highly sophisticated product lines. Key manufacturers are incorporating advancements such as augmented reality, IoT and 3D scanning among others to provide seamless experiences to end users. Some key developments are as follows:
- At CES 2021, Microsoft Corporation announced that its device partner Acer Inc. introduced the Predator Tritron 300 SE Gaming Notebook, consisting of 11th Gen Intel Core i7 H35-series processors, an NVIDIA GeForce RTX 3060 Laptop GPU, with support for the latest DirectX 12 Ultimate gaming features
- In March 2022, gaming giant Nintendo Co. Ltd. announced plans to introduce the Nintendo Switch 2, complete with 4K graphics. Once launched, the console could provide major competition to newer Xbox and PlayStation consoles and games. Also, the product will consist of an even better display, consisting of a 7-inch OLED screen offering 1080p displays
Key Segments Covered in the Gaming Hardware Market Study
- Gaming Hardware by Type :
- Gaming Consoles
- Standard Gaming Consoles
- Handheld Gaming Consoles
- Gaming Accessories
- Gaming Controller
- Gaming Headsets
- Gaming Cameras
- Gaming Hardware by End User :
- Commercial Gaming Hardware
- Residential Gaming Hardware
- Gaming Hardware by Region :
- North America Gaming Hardware Market
- South America Gaming Hardware Market
- Europe Gaming Hardware Market
- Asia Pacific Gaming Hardware Market
- Middle East & Africa Gaming Hardware Market
- Gaming Consoles
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