Gaming Keyboard Market Report 2024

The gaming keyboard market size has grown rapidly in recent years. It will grow from $2.23 billion in 2023 to $2.5 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth during the historic period was driven by the increasing popularity of PC gaming, heightened demand for improved performance and responsiveness, the emergence of esports and competitive gaming, a growing consumer preference for customizable RGB lighting, and the expansion of gaming communities and streaming platforms.

The gaming keyboard market size is expected to see rapid growth in the next few years. It will grow to $3.99 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. Anticipated growth in the forecast period is attributed to the rising popularity of esports, growing demand for RGB customization, increasing adoption of wireless gaming peripherals, a greater emphasis on ergonomic designs, and the broadening demographic of gamers across various age groups. Key trends expected in this period include the uptake of customizable RGB lighting, advancements in mechanical and hybrid switch keyboards, innovations in haptic feedback technology, deeper integration with gaming ecosystems and software, and the integration of AI and software customization.

Esports events are poised to drive growth in the gaming keyboard market in the coming years. These events involve professional and amateur gamers competing across various video game titles, ranging from local tournaments to large international championships with substantial prize pools and viewership. The rise of esports is fueled by the increasing popularity of competitive gaming and online platforms where gamers participate in tournaments and audiences enjoy live broadcasts. Gaming keyboards play a crucial role in esports by providing professional gamers with the performance, customization options, and durability essential for excelling in competitive gaming environments. These keyboards typically feature mechanical switches that offer tactile feedback and faster response times compared to standard membrane keyboards, facilitating quick actions and reactions during gameplay. For example, according to Invest India, esports revenues surged by 39% in 2022 over 2021, exceeding $1.2 billion, underscoring how esports events are stimulating growth in the gaming keyboard market.

Leading companies in the gaming keyboard market are prioritizing the development of innovative products such as mechanical keyboards to enhance gaming performance and user experience. Mechanical keyboards use individual mechanical switches for each key, unlike traditional keyboards that employ membrane or rubber dome switches. For instance, Logitech introduced the G413 SE mechanical keyboard in India in June 2022, featuring a full-size design with a compact layout by removing the number pad. This keyboard is designed to meet the demands of gaming and intensive typing tasks, offering an affordable choice for users seeking a durable and responsive mechanical keyboard.

In July 2023, Corsair Gaming Inc., a US-based manufacturer of computer and gaming peripherals, acquired Drop, a US-based company known for customizable mechanical keyboards and switches, for an undisclosed sum. This acquisition is part of Corsair's strategy to strengthen its market position and broaden its range of gaming peripherals.

Major companies operating in the gaming keyboard market are Microsoft Corporation, Dell Technologies Inc., Lenovo Group Limited, HP Development Company L.P., ASUSTeK Computer Inc., Acer Inc., Logitech International S.A., Micro-Star International Co. Ltd., Razer Inc., Corsair Gaming Inc., GIGA-BYTE Technology Co. Ltd., Kensington, Turtle Beach Corporation, Aukey Technology Co. Ltd., Shenzhen Rapoo Technology Co. LTD., EVGA Corporation, SteelSeries A/S, IOGear Inc., Patriot Memory Inc., Genius Computer Technology Ltd., Thermaltake Technology Co. Ltd., Kinesis Corporation, Redragon, DuckyChannel International Co. Ltd., COUGAR. Coumpucase Enterprise Co. Ltd.

Asia-Pacific was the largest region in the gaming keyboard market in 2023. The regions covered in the gaming keyboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the gaming keyboard market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A gaming keyboard is designed specifically for video gaming, featuring adjustable lighting, programmable keys, and mechanical key switches to enhance durability and comfort during extended gaming sessions.

Gaming keyboards are primarily categorized into mechanical and membrane types. Mechanical keyboards use individual mechanical switches for each key, offering tactile and auditory feedback. They are available across various price points - low, medium, and high - and are sold through supermarkets, specialty stores, e-commerce platforms, and independent retailers.

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

The gaming keyboard market consists of sales of hybrid keyboards, wireless keyboards, and RGB backlit keyboards. 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.

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.


This product will be delivered within 3-5 business days.