Global Programmer and Gamer Keyboard Market to Thrive on Account of Increasing Demand for Gaming Peripherals Among Gaming Enthusiasts; Market to Grow with a CAGR of 13.23% During 2021-2030 and Touch USD 3661.25 Million by 2030 – GlobeNewswire
New York, March 21, 2022 (GLOBE NEWSWIRE) — The video gaming industry was calculated to be around USD 180 Billion in the year 2021, which was an increase of around 15% from its previous year. The industry is further projected to reach a revenue worth of around USD 270 Billion by 2025. On the other hand, the number of PC gamers worldwide is estimated to touch close to 1900 Million by the end of 2025, up from around 1100 Million in the year 2010. Furthermore, as of 3rd Quarter 2020, the average daily time spent on playing video gaming via gaming consoles around the globe was registered to be around 1 hour and 10 minutes.
Kenneth Research recently has released a report on “Global Programmer and Gamer Keyboard Market” which includes the market drivers, restraints, opportunities, and the recent trends associated with the market growth during the forecast period, i.e., 2021-2030. The report further includes the competitive positioning of the market players along with their product portfolio analysis. In addition to this, the report also includes a detailed analysis of the market growth in the five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
To date, the preferences for PC gaming among gaming enthusiasts have witnessed modest growth. The number of active video gamers globally is estimated to reach close to 3.5 Billion by 2025, up from around 2 Billion in the year 2015. This can be majorly attributed to the increasing awareness for these games among gamers, and the rising availability of a wide genre of games. Besides this, the surge in urbanization as well as increasing urban population worldwide, which according to the World Bank grew from 51.656% as a share of the total population in the year 2010 to 56.156% in the year 2020, is also expected to be one of the major contributors to the rising demand for video gaming globally. The surge in preferences for video games is anticipated to generate the demand for gaming components, such as gaming keyboards, and in turn, drive the growth of the global programmer and gamer keyboard market in the coming years. The market generated a revenue of USD 985.70 Million in the year 2020 and is further expected to grow with a CAGR of 13.23% during the forecast period and touch revenue of USD 3661.25 Million by the end of 2030.
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The growth of the global programmer and gamer keyboard market can also be attributed to the growing shipments of desktop PCs globally, which reached close to 80 Million units in the 4th quarter of 2020, up by around 11% when compared to the same period of the previous year. Additionally, overall PC shipments in the year 2020 grew by about 5% from 2019 to reach around 280 Million units, witnessing the highest growth over the past decade. In addition to this, the surge in trade of both input and output units for data processing machines is also anticipated to create numerous opportunities for market growth. For instance, according to the statistics by the International Trade Center (ITC), the imports of input or output units for automatic data-processing machines increased from USD 13765685 Thousand in the year 2016 to USD 17359766 Thousand in the year 2020.
Further, the global programmer and gamer keyboard market is expected to grow on account of the surge in spending for computer gaming peripherals and the increasing number of computer programmers worldwide. According to the statistics by the United States of Bureau of Labor …….
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