Market Research Future (MRFR) recently released a new report entitled “Global Gaming Accessories Market information by Product, by Device Type, by End-Use and Region – forecast to 2027”. In this study, it was revealed that the gaming accessories market will be worth $4.04 billion by 2025.
According to the survey, the gaming accessories market was valued at $2.14 billion in 2018. The report indicates that from 2018 to 2025, the gaming accessories market will register a CAGR (compound annual growth rate) of 9.68%.
“The gaming accessories market is constantly growing, witnessing vast demand. 2020 was a game-changing year for the online gaming & gambling market.” the report said. “Online casino betting was legalized in most parts of the world, the US being the major one. Besides, government support for opening up the online gaming industry and reducing federal restrictions allows the gaming accessories market to garner significant revenues. With more legal breakthroughs expected in 2021 and beyond, the market is expected to garner massive momentum in the years to come.”
(All information was provided by Yahoo! Finance)