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SMARTPHONE GAMEPADS MARKET REPORT OVERVIEW
global smartphone gamepads market size was USD 0.12 billion in 2023 and market is projected to touch USD 0.37 billion by 2032 at CAGR 12.10% during the forecast period.
Smartphone gamepads are external controllers designed to enhance the gaming experience on smartphones. They connect to your smartphone via Bluetooth or USB and provide physical buttons and analog sticks, offering a more tactile and precise control scheme compared to on-screen touch controls. Smartphone gamepads were being designed to be compatible with a wide range of games, including both casual and more complex titles. This versatility was a key selling point for consumers.
The rise of mobile gaming has been a significant driver for the smartphone gamepad market. As smartphones continue to feature more powerful hardware and graphics capabilities, mobile games are becoming more sophisticated, leading to an increased demand for external controllers. Game developers have increasingly been incorporating support for external controllers in their mobile games. This trend has contributed to the popularity of smartphone gamepads, as users seek a more console-like gaming experience on their mobile devices.
COVID-19 Impact: Market Growth Accelerated by Pandemic due to Lockdowns
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-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 more people staying at home due to lockdowns and social distancing measures, there was a surge in demand for gaming-related products, including smartphones and accessories. Changes in consumer behavior, such as an increased focus on home entertainment, might have influenced the demand for gaming accessories like smartphone gamepads. The mobile gaming industry experienced growth during the pandemic as people sought entertainment options on their smartphones. This growth could have positively affected the market for smartphone gamepads. With physical stores closing or facing restrictions, online sales and e-commerce platforms became more important for the distribution of consumer electronics, including gaming accessories.
LATEST TRENDS
"Growing Mobile Gaming Industry to Drive Market Growth"
The mobile gaming industry has been experiencing significant growth, and this trend likely continues. As more people engage in mobile gaming, the demand for accessories like gamepads increases. The rise of cloud gaming services, where games are streamed directly to devices, may impact the demand for smartphone gamepads. Some gamepads are designed to work seamlessly with cloud gaming platforms. Smartphone gamepads are increasingly adopting wireless connectivity options like Bluetooth. This trend is likely to continue as users prefer the convenience of wireless connections. Gamepad manufacturers are focusing on making their devices compatible with a wide range of smartphones. Versatility in terms of compatibility with different devices and operating systems is crucial.
SMARTPHONE GAMEPADS MARKET SEGMENTATION
- By Type
Based on type the global market can be categorized into smartphone bracket mounted, smartphone clip mounted.
Smartphone brackets are accessories designed to hold your smartphone securely in place during gaming. They come in various designs, including ones that attach to the back of the controller or a separate stand-alone mount. Smartphone clips are designed to attach your phone to a gaming controller. They usually have a spring-loaded mechanism to hold the smartphone securely in place.
- By Application
Based on application the global market can be categorized into Android, IOS.
Smartphone gamepads can enhance gaming experience on both Android and iOS devices. These gamepads are connected to Android and IOS device via Bluetooth.
DRIVING FACTORS
"High-Quality Mobile Games to Boost the Market"
The development of high-quality and graphically intensive games for mobile platforms has increased the demand for better gaming experiences. Gamepads provide a more immersive and comfortable gaming experience compared to touch controls. The increasing popularity of mobile gaming has been a significant driver for the smartphone gamepads market growth. As more people engage in gaming on their smartphones, the demand for accessories, including gamepads, has grown. The rise of eSports on mobile platforms has contributed to the demand for professional-grade gaming accessories, including gamepads. Competitive mobile gamers often seek precision and control that gamepads can offer. The rise of gaming subscription services that offer a library of high-quality games for a monthly fee may contribute to increased demand for gamepads as users seek to optimize their gaming experiences.
"Advancements in Gamepad Technology to Expand the Market"
Ongoing advancements in gamepad technology, including improved connectivity, better battery life, and innovative features, have made these accessories more appealing to a broader audience. Smartphone gamepads that offer compatibility with a range of devices, not just smartphones, have gained popularity. This flexibility allows users to use the same gamepad across different platforms, increasing the value proposition. The growth of AR and VR gaming on smartphones has led to increased interest in game controllers that can enhance the immersive experience. Gamepads designed for AR and VR applications can contribute to market growth. Effective marketing strategies and partnerships between gamepad manufacturers and game developers or smartphone companies can significantly impact market growth. Bundling gamepads with smartphones or exclusive game releases can boost sales.
RESTRAINING FACTOR
"High Costs to Impede Market Growth"
Some smartphone gamepads may have compatibility issues with certain devices or operating systems. This limitation can deter potential users who own devices that are not supported by the gamepad. High costs associated with quality smartphone gamepads might be a restraint. Consumers may be reluctant to invest in an additional accessory, especially if it is perceived as expensive or if they do not frequently play games on their smartphones.
SMARTPHONE GAMEPADS MARKET REGIONAL INSIGHTS
"North America to Dominate in the Market due to Presence of a Large Consumer Base"
North America has emerged as the most dominant region in the global smartphone gamepads market share due to several factors. The U.S. and Canada have been major markets for gaming-related products. The presence of large tech companies, a strong gaming culture, and high smartphone penetration contribute to the demand for smartphone gamepads in this region.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The smartphone gamepads market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in smartphone gamepads, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
LIST OF TOP SMARTPHONE GAMEPADS COMPANIES
- Flydigi (China)
- Betop (U.S.)
- Gamevice (U.S.)
- GameSir (U.S.)
- Amkette (India)
- SteelSeries (Denmark)
- Saitake (China)
INDUSTRIAL DEVELOPMENT
October 2023: In October 2022, Gamevice released their new Flex controller for $100, promising the capacity to hold phones with cases attached, including mammoth gaming phones.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 0.12 Billion in 2023 |
Market Size Value By |
US$ 0.37 Billion by 2032 |
Growth Rate |
CAGR of 12.1% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the smartphone gamepads market expected to touch by 2032?
The global smartphone gamepads market is expected to reach USD 0.37 billion by 2032.
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What CAGR is the smartphone gamepads market expected to exhibit by 2032?
The smartphone gamepads market is expected to exhibit a CAGR of 12.1% by 2032.
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Which are the driving factors of the smartphone gamepads market?
Growing mobile gaming industry, development of high-quality and technological advancements are some of the driving factors of the Smartphone Gamepads market.
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What are the key smartphone gamepads market segments?
The key market segmentation that you should be aware of, which include, Based on type the smartphone gamepads market is classified as Smartphone Bracket Mounted, Smartphone Clip Mounted. Based on application the smartphone gamepads market is classified as Android, IOS.