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Home Technology Big Data, Analytics & Intelligence

Study finds AI impacts computer accessories market growth

FutureCIO Editors by FutureCIO Editors
January 6, 2025
Photo by fauxels: https://www.pexels.com/photo/people-working-in-front-of-computer-3182763/

Photo by fauxels: https://www.pexels.com/photo/people-working-in-front-of-computer-3182763/

A new report by Technavio finds that Artificial Intelligence (AI) has been redefining the market landscape in the computer accessories industry, causing it to grow by USD 4.29 billion from 2025-2029, at a CAGR of 5.3%.

Drivers for growth

The "Global Computer Accessories Market 2025-2029" report underscores that technological advancements, remote work and learning, e-sports, industrialisation, healthcare, and consumer preferences are the main drivers of the industry's growth.

The report finds that the PC accessories market is set to experience significant growth due to several technological innovations. These include advanced gaming peripherals, high-speed data transfer devices, and ergonomic designs.

Market challenges

Some factors that challenge the market are the annual releases of advanced and powerful mobile devices, such as tablets and smartphones, that offer convenience, portability and Wi-Fi accessibility.

Moreover, cloud computing challenges the market by allowing easy access to applications without needing a desktop computer.

APAC leads market contribution

APAC leads with a significant market contribution, accounting for 36% of its overall growth.

The report's findings result from a study conducted across multiple regions, including key APAC countries, North America, Europe, South America, the Middle East, and Africa.

Key countries include the US, China, Japan, Canada, India, South Korea, the UK, Germany, France, and Brazil.

Related:  Leverage NaaS to ensure future business continuity
Tags: Artificial Intelligencecomputer accessoriesdigital transformationgenerative AITechnavio
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