PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1891467
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1891467
The global gaming accessories market continues to expand rapidly as gaming becomes a core entertainment medium across all demographics. According to the latest industry assessment, the market was valued at USD 10.49 billion in 2024, is expected to increase to USD 11.49 billion in 2025, and is projected to reach USD 22.48 billion by 2032, reflecting a strong CAGR of 10.1% over the forecast period. With North America securing 39.66% of the global share in 2024, gaming accessories have become essential components for enhanced gameplay, immersion, and performance.
Gaming accessories include peripherals such as headsets, keyboards, mice, controllers, VR devices, and gaming chairs, designed to elevate user experience. Major players-Dell Technologies, Logitech, Razer, Turtle Beach, Corsair, Sennheiser, HyperX, Cooler Master, Anker, and others-continue to innovate with designs that deliver responsiveness, ergonomic support, and advanced customization. The upward trajectory of gaming audiences is notable; industry analysts report that over 500 million viewers worldwide regularly follow gaming content, significantly driving accessory demand.
Market Dynamics
Market Drivers
A critical force behind market expansion is the rapid rise of the eSports industry. As competitive gaming gains global traction, the demand for high-performance accessories-gaming mice with precision sensors, mechanical keyboards with fast actuation, and pro-level controllers-continues to surge. Professional gamers make annual expenditures of around USD 425, aligning closely with average U.S. household spend on gaming-related purchases.
Additionally, technological innovation such as AR/VR integration, haptic feedback, and AI-driven personalization contributes significantly to market momentum. The increase in disposable income across developing countries further accelerates the adoption of premium accessories.
Market Restraints
One of the primary barriers to market growth is the high pricing of top-tier gaming accessories. While advanced headsets, VR kits, or mechanical keyboards offer superior performance, budget-conscious users often refrain from making such purchases. The presence of reciprocal tariffs on gaming peripherals, particularly those produced in China, also elevates pricing and affects supply chains.
Market Opportunities
The rising popularity of mobile gaming presents major opportunities for manufacturers. As smartphones evolve to support console-level graphics, consumers increasingly seek portable controllers, gaming grips, compact headsets, and Bluetooth accessories tailored for mobile gameplay. This shift expands the market beyond console and PC users, creating innovation-led opportunities.
Market Trends
A defining trend is the transition to wireless accessories that offer low latency and long battery life. From wireless RGB keyboards to Bluetooth-enabled headsets, gamers prefer setups that eliminate clutter while maintaining performance. Sustainability trends are also reshaping the market-eco-friendly materials and energy-efficient product designs resonate strongly with environmentally conscious consumers.
By Product Type
Gamepads/controllers dominated the market in 2024 due to their cross-platform compatibility. Gaming chairs are projected to grow fastest, driven by ergonomic enhancements and increased home streaming setups.
By Device Type
The PC segment led the market in 2024 as desktop and laptop gamers continue investing in high-quality peripherals. Gaming consoles, however, are expected to witness the highest growth due to cloud-gaming adoption and multifunctional console systems.
By Connectivity
Wired accessories dominated 2024 demand, especially among competitive gamers seeking lag-free performance. Wireless devices are forecast to grow fastest as technology improves latency, battery efficiency, and connectivity.
By Distribution Channel
Specialty stores led in 2024, offering immersive in-store demos and expert guidance. The online segment is expected to grow most rapidly due to influencer marketing, global accessibility, and frequent product discounts.
By End-User
Casual gamers remained the largest consumer base in 2024, purchasing across categories for entertainment and comfort. Content creators and streamers will record the highest CAGR, driven by the need for high-quality microphones, cameras, lighting, and ergonomic setups.
North America, valued at the largest share in 2024, remains a mature and technologically advanced gaming hub, with high demand for VR systems, premium headsets, and customized controllers.
Asia Pacific is projected to experience the fastest growth owing to smartphone penetration, a rising middle-class population, and increased adoption of mobile gaming accessories.
Europe ranks as the second fastest-growing region, supported by strong gaming communities in Germany, the U.K., and France.
Conclusion
Growing from USD 10.49 billion in 2024 to USD 22.48 billion by 2032, the gaming accessories market is set for robust expansion. Technological innovation, mobile gaming growth, and the booming global eSports sector will continue to drive demand. Brands that integrate AI, sustainability, and cross-platform functionality are best positioned for long-term success.
TTRIBUTE DETAILS
Segmentation By Product Type
By Device Type
By Connectivity Type
By Distribution Channel
By End-User
By Region
Companies Profiled in the Report Dell Technologies (U.S.)
Logitech International SA (Switzerland)
Razer Inc. (Singapore)
Mad Catz Global Limited (China)
Turtle Beach Corporation (U.S.)
Corsair Gaming Inc. (U.S.)
Cooler Master Co., Ltd (Taiwan)
Sennheiser Electronic GmbH & Co. KG (Germany)
HyperX (U.S.)
Anker (U.S.)