Mouse Global Market Report 2024

The mouse market size has grown strongly in recent years. It will grow from $2.61 billion in 2023 to $2.8 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth observed in the historical period can be attributed to the increase in the number of video gamers, a rising demand for smart computing devices such as PCs and laptops, growth in the millennial population, and a rise in disposable income.

The mouse market size is expected to see strong growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The anticipated growth in the forecast period can be attributed to the growth in remote working, an increase in employment in the information technology sector, a growing demand for ergonomic mice, increasing investments, urbanization, and an increase in internet penetration. Major trends in the forecast period include a focus on eco-friendly mice, a focus on voice-enabled mice, a focus on ergonomic mice, a focus on product innovations, a focus on advanced gaming mice, and a focus on introducing biometric mice.

The mouse market is experiencing growth driven by the increasing prevalence of gamers relying on mice for gaming. EEDAR, an NPD Group Company in the US, conducted a survey revealing that 67% of the total population, equivalent to 211.2 million gamers in the country, engage in gaming activities. With a consistent rise in the number of gamers each year and the continuous introduction of new games, the demand for mice is expected to escalate. Many PC games involve crucial actions such as slashing, attacking, hacking, and targeting, all of which necessitate precise mouse movements. For example, in games such as Street Fighter and Mortal Kombat, mouse movements are integral for controlling characters. This surge in gamer numbers is anticipated to drive the growth of the mouse market.

The mouse market is set to receive a boost from the increased sales of personal computers (PCs). Personal computers, designed for individual use, often require mice as essential input devices. Gitnux, an independent marketing platform, reported that in 2020, approximately 275 million personal computers were sold globally. Moreover, the first quarter of 2021 witnessed a remarkable year-over-year growth of over 30% in PC sales. This surge in PC sales is a key driver behind the growth of the mouse market.

Technological advancements represent a significant trend in the mouse market. The integration of innovative technologies, such as radio frequency mice, has expanded the utility of these devices across various industries. For instance, in August 2022, Razer Inc. introduced the Basilisk V3 Pro, an advanced wireless gaming mouse featuring customizable options and top-notch performance. With cutting-edge features such as the Razer HyperScroll Tilt Wheel, Razer Optical Mouse Switches Gen-3, 10+1 programmable buttons, Razer Focus Pro 30K Optical Sensor, and wireless charging capabilities, this mouse sets new standards for the gaming community.

Major players in the mouse market are responding to user comfort demands by introducing new ambidextrous mouse designs, such as the ErgoFlip fully-sized ergonomic mouse. Targus, a US-based mobile computing accessories company, launched ErgoFlip and ErgoSmart in July 2023. These eco-friendly mouse devices are made with up to 85 percent post-consumer recycled plastic, demonstrating a commitment to sustainability. Furthermore, the ErgoFlip EcoSmart Mouse offers ambidextrous functionality, allowing easy conversion from right- to left-hand use with a simple twist of the top.

In May 2021, Cherry GmbH, a Germany-based designer and producer of mechanical switches, acquired Active Key GmbH & Co. KG. The acquisition strengthens Cherry's healthcare product line, adding expertise in sanitary and washable computer peripherals. Active Key GmbH & Co. KG, based in Germany, specializes in manufacturing hygienic, machine-washable keyboards and mice for industrial and medical applications.

Major companies operating in the mouse market report are Logitech International SA, Microsoft Corp, HP Inc., Apple Inc., Dell Technologies Inc., Razer Inc., ASUS, Samsung Group, Lenovo Group Ltd., Corsair, Nuevotech Industries Pvt Ltd., Shenzhen AMD Technology Co. Ltd., iBall, Intex Technologies, Zebronics, Roccat GmbH, SteelSeries, A4TECH, AZIO Corp, Vaxee, Mouse Informatica Ltda, Microdigital Eletronica Ltda, Atlas 3D Mouse, Uzman Engineering, Fonoon information Systems, Dar-us-salam Trading Company, Compu-tech Trading, SC Department Electronics, Nest Computer System, Redragon South Africa, TDK Solutions Ltd., Jumia.

The Asia-Pacific was the largest region in the mouse market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global mouse market share during the forecast period. The regions covered in the mouse market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mouse market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The main types of mice are wired and wireless. A wired mouse is connected through a cable that is plugged directly into the USB port on a laptop, keyboard, docking station, or computer. Mice are distributed through various channels, including online stores, supermarkets, and direct stores, and are used by both residential and commercial users.

The mouse market research report is one of a series of new reports that provides mouse market statistics, including mouse industry global market size, regional shares, competitors with a mouse market share, detailed mouse market segments, market trends, and opportunities, and any further data you may need to thrive in the mouse industry. This mouse market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The mouse market consists of sales of mouses, which are computer peripheral equipment used to add input functionality to a computer. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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