Gaming Keyboards Market Size, Share, Growth, and Industry Analysis, By Type (Wired and Wireless), By Application (Computer, TV, Game Machines and Others) and Regional Forecast to 2032

Updated On: 29 April 2024

GAMING KEYBOARDS MARKET REPORT OVERVIEW

The global gaming keyboards market size was USD 1090.9 million in 2022 and market is projected to touch USD 1677.9 million by 2028 at CAGR 7.4% during the forecast period.

Gaming keyboards are specialized input devices designed to enhance the gaming experience for PC gamers. These keyboards are engineered with features tailored to meet the demands of gaming, offering a combination of performance, durability, and customization options. One of the key features of gaming keyboards is their mechanical switches, which provide tactile feedback and improved responsiveness compared to traditional membrane keyboards. These switches come in various types, each offering a different feel and actuation force to suit different gaming preferences.

Gaming keyboards often come with customizable backlighting, allowing gamers to personalize the appearance of their setup and improve visibility in low-light environments. Many models also include programmable keys or macro support, enabling users to assign complex commands or series of actions to a single keystroke, which can be particularly useful in fast-paced games. Furthermore, some gaming keyboards offer extra features such as dedicated media controls, USB pass-through ports, and wrist rests for added comfort during long gaming sessions. Overall, gaming keyboards are essential accessories for serious gamers looking to optimize their performance and immersion in their favorite games.

COVID-19 IMPACT: Shift to Online Gaming and eSports to Boost Market Growth Significantly

The global COVID-19 pandemic has been unprecedented and staggering, with the gaming keyboards market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

With lockdowns and social distancing measures in place due to the COVID-19 pandemic, there has been a surge in demand for gaming peripherals, including keyboards, as more people spend time at home and engage in gaming activities as a form of entertainment. The shift towards remote work and virtual learning during the pandemic has also influenced the gaming keyboard market. Many individuals who found themselves working or studying from home have invested in gaming peripherals, including keyboards, to enhance their productivity and comfort during long hours of computer use.

The pandemic has led to a significant increase in online gaming and eSports participation as traditional outdoor activities became restricted. This has fueled the demand for high-performance gaming keyboards among enthusiasts and professional gamers seeking an edge in competitive gaming. The market is anticipated to boost the gaming keyboards market growth following the pandemic.

LATEST TRENDS

"Enhanced Ergonomics and Comfort to Drive Market Growth"

Ergonomic designs and features aimed at improving comfort during long gaming sessions are gaining traction. This includes wrist rests, adjustable stands, and keycap designs that reduce fatigue and strain on the hands and wrists. Gamers are increasingly seeking the freedom of movement and clutter-free setups offered by wireless keyboards without compromising on performance. Compact and tenkeyless (TKL) designs are becoming more prevalent as gamers prioritize desk space and portability. TKL keyboards omit the numeric keypad, offering a more compact form factor while maintaining essential gaming functionalities.

Mechanical switches continue to dominate the gaming keyboards market. Cherry MX, Razer, Logitech Romer-G, and other mechanical switch brands remain popular due to their durability, tactile feedback, and suitability for gaming. Wireless gaming keyboards with low-latency connections, such as Bluetooth or proprietary wireless technologies, are gaining popularity. These latest developments are anticipated to boost the gaming keyboards market share.

GAMING KEYBOARDS MARKET SEGMENTATION

By Type   

Based on type the global market can be categorized into Wired and Wireless.

• Wired Gaming Keyboards: Wired gaming keyboards connect to the computer via a physical cable, typically a USB connection. Wired connections offer stable and consistent communication between the keyboard and the computer, minimizing input lag and ensuring reliable performance during gaming sessions. Since wired keyboards draw power directly from the computer, users don't need to worry about battery life or charging. Wired connections generally result in lower latency compared to wireless alternatives, making them preferable for competitive gaming where quick response times are crucial. The physical cable can restrict movement and require careful cable management to avoid clutter on the desk. Wired keyboards are limited by the length of the cable, which may restrict positioning options compared to wireless keyboards.
• Wireless Gaming Keyboards: Wireless gaming keyboards use various wireless technologies, such as Bluetooth or proprietary wireless receivers, to connect to the computer without a physical cable. Wireless keyboards offer greater freedom of movement since they are not tethered to the computer by a cable, allowing users to position the keyboard more comfortably. Without the need for cables, wireless keyboards contribute to a cleaner and less cluttered desk setup. Wireless keyboards can be easily moved or used with multiple devices without the constraints of cable length, providing flexibility in usage scenarios.

By Application

Based on application the global market can be categorized into Computer, TV, Game Machines and Others.

• Computer: Gaming keyboards are primarily designed for use with computers, including desktops, laptops, and gaming PCs. They are compatible with various operating systems such as Windows, macOS, and Linux, making them suitable for gaming on a wide range of computer platforms. Gaming keyboards for computers often feature advanced customization options, programmable keys, mechanical switches for tactile feedback, RGB lighting, and ergonomic designs to enhance the gaming experience and improve performance during gaming sessions.
• TV: Gaming keyboards can be used with smart TVs that support gaming applications, streaming services, or console-like gaming experiences. Some gaming keyboards are compatible with smart TVs that have USB ports or support wireless connectivity options like Bluetooth, allowing users to navigate menus, type messages, or play compatible games more efficiently. Gaming keyboards for TV applications may prioritize compact designs, wireless connectivity, and multimedia keys for controlling media playback, volume, and other functions commonly used with smart TVs.
• Game Machines: Gaming keyboards are compatible with various game machines, including gaming consoles, handheld gaming devices, and gaming accessories like gaming controllers and peripherals. Some gaming keyboards are designed to be compatible with specific game machines, offering features like dedicated console mode or special key mappings optimized for gaming on consoles. Gaming keyboards for game machines may include features such as customizable key mappings, multimedia controls, ergonomic designs, and backlighting options tailored to enhance the gaming experience on specific platforms.

DRIVING FACTORS

"Rising Popularity of PC Gaming to Boost the Market"

The increasing popularity of PC gaming, driven by the growth of eSports, streaming platforms, and a diverse range of game genres, fuels the demand for high-performance gaming peripherals, including keyboards. The rise of eSports and competitive gaming has created a demand for gaming peripherals that offer precision, responsiveness, and customization options to give players a competitive edge. Gaming keyboards with features like programmable keys and advanced software customization cater to the needs of professional and competitive gamers. The gaming community, including gaming influencers, streamers, and online communities, significantly influences purchasing decisions in the gaming peripherals market. Recommendations and endorsements from popular gamers and influencers drive awareness and adoption of specific gaming keyboard brands and models.

"Innovation & Product Differentiation to Expand the Market"

Intense competition among gaming keyboard manufacturers drives innovation in product design and features. Manufacturers strive to differentiate their products by introducing unique features, such as customizable switches, ergonomic designs, hybrid typing/gaming functionalities, and integration with gaming ecosystems. Continuous advancements in keyboard technology, such as the development of mechanical switches, customizable RGB lighting, low-latency wireless connectivity, and advanced software features, drive consumers to upgrade to newer and more feature-rich gaming keyboards. These factors are anticipated to drive the gaming keyboards market share.

RESTRAINING FACTOR

"Increase in Popularity of Other Modes of Gaming to Potentially Impede Market Growth"

The growth of mobile gaming, particularly on smartphones and tablets, may divert consumer spending away from traditional gaming peripherals like gaming keyboards. Mobile gamers may prioritize investments in accessories tailored specifically for mobile gaming, impacting the demand for PC-centric peripherals. While PC gaming is growing, console gaming remains popular, especially among casual gamers and those seeking a plug-and-play experience. Console gamers may not prioritize investing in gaming keyboards, limiting the market potential compared to other gaming peripherals. The factors are anticipated to hinder the growth of the gaming keyboards market growth.

GAMING KEYBOARDS MARKET REGIONAL INSIGHTS

"The market is primarily segmented into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa."

North America is Dominating the Market with Strong Gaming Industry Infrastructure

North America has a large and active gaming population, including both casual and hardcore gamers. The region is home to a considerable number of gaming enthusiasts who are willing to invest in high-quality gaming peripherals like keyboards to enhance their gaming experience. North America boasts a robust gaming industry infrastructure, including major game development studios, eSports organizations, gaming conventions, and gaming content creators. This ecosystem fosters a culture of gaming and drives demand for gaming peripherals, including keyboards. North America has been a key region for the growth of eSports events, tournaments, and streaming platforms. Professional eSports players and streamers often use high-end gaming peripherals, including keyboards, which influences consumer preferences and drives sales in the region.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• Razer [Singapore]
• Corsair [U.S.]
• BLOODY (A4Tech) [Taiwan]
• Logitech [Switzerland]
• RAPOO [China]

INDUSTRIAL DEVELOPMENT

April 2021: The Corsair K70 RGB TKL Champion Series Mechanical Gaming Keyboard is a recent addition to Corsair's lineup of gaming peripherals The K70 RGB TKL Champion Series features a compact tenkeyless (TKL) design, omitting the numeric keypad for a more streamlined form factor. It has a sleek and modern design with a durable aluminum frame for enhanced durability. This gaming keyboard is equipped with high-performance mechanical switches, providing tactile feedback and quick responsiveness crucial for gaming. Users can choose from a variety of switch options, such as Cherry MX Speed or Cherry MX Red, based on their preferences for actuation force and typing feel. Built to withstand the rigors of intense gaming sessions, the K70 RGB TKL Champion Series boasts durable construction and advanced features to optimize performance. Anti-ghosting and full key rollover ensure accurate and reliable input, while a detachable braided USB cable provides flexibility and easy storage.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.