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Wireless Mouse & Keyboard Market Report Overview
The Wireless Mouse and Keyboard Market size was valued at approximately USD 5.8 billion in 2023 and is expected to reach USD 9.88 billion by 2032, growing at a CAGR of about 6.1% during forecast period.
A device that lets you communicate with other devices like smartphones, tablets, PCs, and laptops is called a wireless keyboard. The wireless keyboard is connected via RF, infrared, and Bluetooth technologies. Wireless keyboards with integrated infrared technologies transmit signals to another infrared-activated device using light waves. A mouse that doesn't use wires to connect to a computer is known as a cordless mouse or a wireless mouse. Nowadays, wireless mouse are frequently included with wireless keyboards.
Product development and ongoing innovation in wireless technology, the integration of various features and devices, rising traction in smart TV applications, rising per capita income worldwide, and an increasing number of PC games are the primary drivers of the wireless mouse & keyboard market.
COVID-19 Impact: Pandemic Reduced the Demand for Wireless Mouse & Keyboard
The Covid19 pandemic shook nations all over the world when it first broke out. In addition, as the number of cases increased, governments all over the world were compelled to take severe measures to avert the impending disaster, including the imposition of strict social distancing measures, lockdowns, and border seals. Because industrialists all over the world were compelled to stop producing, these actions had a significant impact on the economy, disrupting supply chains and affecting a variety of industries. Consequently, plunging global markets. However, following the reopening of trade, it is anticipated that demand will continue to rise steadily in the years to come.
Latest Trends
"Product Developments by Key Players to Drive Market Forward"
Bluetooth-enabled wireless keyboards are the most desirable option in terms of technology. The rapid connectivity of this market is largely to blame for its rapid expansion. Wireless keyboards occupy a USB slot and require a clear line of sight between the keyboard and the receiver due to the use of radio frequency technology. Dell unveils its brand-new wireless keyboard and mouse. Users can connect up to three devices at once with Dell's Premier Multi-Device Wireless Keyboard & Mouse. For one connection, both peripherals use a 2.4 GHz RF adapter, while the other two use Bluetooth 5.0. Switching between connected devices is made simple for users by dedicated buttons on the mouse and keyboard. Microsoft claims that the new devices it is introducing will enhance your home office. The Microsoft Surface products come with a small keyboard and mouse included as accessories. The market for wireless keyboard is additionally extending because of different plan alterations and implicit programming support for voice acknowledgment.
Wireless Mouse & Keyboard Market Segmentation
- By Type Analysis
According to type, the market can be segmented into wireless mouse, wireless keyboard.
- By Application Analysis
Based on service, the market can be divided into notebook, desktop and others.
Driving Factors
"Rising Number of Gamers to Fuel Market Growth"
The development in pattern of wireless gadgets and ascend in the quantity of gamers lately is driving the development of the market. There has been a significant rise in the number of gamers worldwide in recent years. The wireless nature and portability of wireless keyboards make them simple and convenient for gamers to use. The market for wireless mouse & keyboard is also supported by rising demand for wireless devices. Ascend in advances in technologies, for example, adaptable wireless keyboards and ergonomics highlights set out worthwhile development open doors for the market.
"Increasing Popularity of Wireless Mouse & Keyboard to Accelerate Market Demand "
Tablets, monitors, smart TVs, and other devices can all benefit from wireless mouse & keyboard. Because of elements of conventional keyboards, for example, absence of compactness and network with gadgets like tablets, cell phones, savvy televisions, and others causes clients to favour wireless keyboards over the customary ones. Additionally, the widespread acceptance of wireless keyboards by consumers makes it simpler for wireless keyboards to outperform conventional keyboards. The sizes of the wireless keyboards vary depending on their intended use. For instance, PlayStation-compatible wireless keyboards are small enough to be attached to the joystick or controller. In a similar vein, the keyboards that are compatible with tablets are comparatively larger than those used in PlayStation keyboards. All these developments will boost wireless mouse & keyboard market growth.
Restraining Factors
"Reliability on Battery Power to Hinder Growth of Market "
Most wireless keyboards have small radio transmitters built in. They operate on power, just like any other radio transmitter. Typically, batteries provide the power; you won't be able to use the keyboard if the batteries die and there is need to keep extra batteries on hand or use a standard keyboard as a backup in light of this. There are some wireless mouse & keyboards that may pose a security risk. All these concerns are anticipated to hamper market growth.
Wireless Mouse & Keyboard Market Regional Insights
"Increasing Demand in North America Anticipated to Boost Market Development"
During the forecast period, North America holds the leading position in wireless mouse & keyboard market share due to rising product penetration and consumer disposable income levels. The expansion of the market is driven by the region's business and commercial enterprises' high demand. It is anticipated that the expansion of the market will be aided by the rising number of branded retail stores and rapidly expanding corporate sector in the region is also anticipated to benefit market expansion.
Key Industry Players
"Market Expansion Is Being Driven By Key Players' Adoption of Novel Strategies"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.
The top key players in the market are Microsoft, Apple, Logitech, HP, Lenovo, Handshoe, Razer, Corsair, Rapoo, A3tech, IOGEAR. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.
LIST OF TOP WIRELESS MOUSE & KEYBOARD COMPANIES
- Microsoft
- Apple
- Logitech
- HP
- Lenovo
- Handshoe
- Razer
- Corsair
- Rapoo
- A3tech
- IOGEAR
Report Coverage
This report examines an understanding of the wireless mouse & keyboard market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 5.8 Billion in 2023 |
Market Size Value By |
US$ 9.88 Billion by 2032 |
Growth Rate |
CAGR of 6.1% from 2023 to 2032 |
Forecast Period |
2023-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What is the leading region in wireless mouse & keyboard market?
North America is the leading region in wireless mouse & keyboard market.
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Which are the driving factors of the wireless mouse & keyboard market?
Rising number of gamers and product developments by key players are the driving factors of the wireless mouse & keyboard market.
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Which are the top companies operating in the wireless mouse & keyboard market?
Microsoft, Apple, Logitech, HP, Lenovo, Handshoe, Razer, Corsair, Rapoo, A3tech, IOGEAR are the top companies operating in the wireless mouse & keyboard market.