According to global market researcher Technavio, the gaming chair market is expected to grow by more than $95 million between now and 2024. However, the organization said that the growth momentum is expected to decelerate at a CAGR of over 7% during this time.
“This post-pandemic global gaming chair market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions,” the report reads. “In this gaming chair market analysis report, key drivers such as demand for ergonomic gaming chairs have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as increasing adoption of mobile games, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.”
Technavio is a global technology research company. They have over 500 specialized analysts that have conducted more than 17,000 reports and counting, covering 800 technologies across 50 countries.
(All information was provided by PR Newswire, Yahoo! Finance, and Technavio)
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