The global computer peripherals market is anticipated to garner US$ 1,216.9 Billion while expanding at a CAGR of 10.6% during the forecast period. The market is estimated at US$ 407.1 Billion in 2021 and US$ 443.3 Billion in 2022. Decreasing prices of consumer peripherals devices are expected to play a salient role in driving the market during the forecast period. Other salient factors include increased disposable income and surging demand for external storage devices. Moreover, increasing digitalization in education institutions is significantly driving the market in the forecast period. Students can also enrol in various courses provided by other online course providers like Udemy, Coursera, BYJYU’s, edX, and Unacademy, among others. Therefore, rising digitalization, especially, among emerging nations is likely to bolster the market size in the assessment period. Rising strategic partnerships and acquisitions are projected to offer a significant boost to the market in the assessment period. For instance, in March 2020, BluPeak, a PC and hardware player, signed an agreement with Dicker Data. Such initiatives are expected to shoot up the market growth graph in the coming time. Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14520 Key Takeaways:
The global peripherals market to value US$ 407.1 Billion in 2022.
The global peripherals market to record a 10.6% CAGR from 2022 -2032
The global peripherals market to value US$ 1216.9 Billion from 2022 – 2032
The market in the U.S to value US$ 248 Billion, exhibiting 9.6% during the forecast period
Market in India to garner US$ 62.8 Billion, expanding at a 12% CAGR
Japanese market to secure US$ 50.1 Billion while flourishing at 12% by 2032
The Commercial segment to expand at 10.2% CAGR
The Storage device segment to record an 11% CAGR
Competitive Landscape Key players in the global peripherals market include Hewlett-Packard Enterprise Canon Inc., Dell, Inc., Apple, Inc., and Seiko Epson Corporation, among others. Recent key developments among players are:
In April 2022, Espon disclosed its new A4 Desktop color multifunction printer for Ecoconscious businesses.
In April 2022, Dell, Nvidia, AMD announced to power the new Ohio AI compute cluster. The Ohio Supercomputer Center (OSC) will construct a new high-performance computing cluster for AI applications based on Dell hardware with AMD Epyc processors and Nvidia accelerators.
More Valuable Insights