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Global Gaming Peripheral Market Will Be Worth At Least $8B By 2030

According to a recent report, the global gaming peripheral market will be valued at $4.54 billion in 2022. Additionally, the sector will see 143.22 million peripherals shipped this year.

The size of the market is expected to grow to $8.69 billion by 2030. This means that the sector will register a compound annual growth rate (CAGR) of 10% between 2022 and 2030.

“The surging popularity of e-sports and online gaming acts as a major driver for the gaming peripheral market,” the report reads. “The growing developments in technologies such as 5G, 4G, RFID, Wi-Fi, and Bluetooth is anticipated to positively impact the market growth. Further, the growing implementation of the Internet of Things (IoT) in the gaming sector provides suitable conditions for market growth.”

The report went on to say that there are roughly 2.7 billion gamers around the world. Moreover, 400 million new gamers are expected to join the global gaming market by 2023.

(All information was provided by Taiwan News)

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