Laptop Accessories Market Report 2024

This Laptop Accessories market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The laptop accessories market size has grown strongly in recent years. It will grow from $39.22 billion in 2023 to $41.57 billion in 2024 at a compound annual growth rate (CAGR) of 6%. Growth during the historical period can be attributed to the rise in remote work, increased demand for electronic accessories, higher demand for lightweight and portable laptop accessories, and the growing use of e-commerce platforms.

The laptop accessories market size is expected to see strong growth in the next few years. It will grow to $53.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. Growth in the forecast period can be driven by rising demand for laptops, an increasing number of corporate offices, a surge in laptop shipments, rapid urbanization, growing demand for productivity-focused accessories, and the expanding popularity of e-sports. Key trends during this period include innovations in wireless technologies, integration with specific laptop models, technological advancements, improvements in laptop technologies, and the inclusion of advanced connectivity features.

The growing trend of remote work is expected to drive the expansion of the laptop accessories market. Remote work refers to a flexible working arrangement where employees perform their job duties from locations outside traditional office spaces, utilizing digital tools to remain connected and collaborate. This trend is fueled by advancements in digital communication technologies and a desire among employees for better work-life balance. Laptop accessories play a crucial role in enhancing remote work experiences by improving ergonomics, connectivity, and communication, ultimately boosting productivity and comfort. For example, in February 2023, the UK’s Office for National Statistics reported that approximately 38% of working adults in Great Britain worked from home in 2022, with this figure rising to around 40% in 2023. Consequently, the increasing prevalence of remote work is driving growth in the laptop accessories market.

Leading companies in the laptop accessories market are expanding their product offerings by developing technologically advanced accessories, such as gaming laptop accessories, to meet the growing demand for enhanced gaming experiences. Gaming laptop accessories are specialized products designed to improve performance, comfort, and immersion during gaming sessions. For instance, in April 2024, Hewlett Packard Inc., a U.S.-based information technology company, introduced its new Omen 17 gaming laptop along with a range of HyperX accessories, further expanding its gaming portfolio. Among these new HyperX accessories is the Pulsefire Haste 2 Core Wireless Gaming Mouse, which weighs just 70 grams and operates on a single AAA battery, providing up to 100 hours of battery life in 2.4GHz mode or even longer in Bluetooth mode. It features a 12,000 DPI HyperX Custom Core Sensor and durable TTC Gold Switches rated for up to 20 million clicks. Additionally, the Cloud Mix Buds 2 Wireless Earbuds are designed for gaming with ultra-low latency via dongle or Bluetooth 5.3 with LE Audio and include hybrid Active Noise Cancellation (ANC) to minimize distractions during gameplay.

In October 2022, B. Riley Financial Inc., a U.S.-based financial services company, acquired Targus for $250 million. This acquisition aligns with B. Riley Financial's strategy to strengthen its portfolio with companies that demonstrate strong market positioning and stable cash flow, thereby supporting its goal of investing in profitable businesses and increasing its dividend capacity. Targus AP, a U.S.-based manufacturer of laptop accessories, specializes in products that address performance, style, and protection needs.

Major companies operating in the laptop accessories market are Apple Inc., Samsung Electronics Co Ltd, Microsoft Corporation, Dell Technologies Inc, Sony Group Corporation, Lenovo Group Limited, Intel Corporation, HP Inc., Toshiba Corporation, Eaton Corporation plc, Western Digital Corporation, ASUSTeK Computer Inc., Acer Inc, Logitech International S.A., SanDisk Corporation, Corsair Gaming Inc, Hama GmbH And Co KG, Razer Inc, Cooler Master Co Ltd, Belkin International Inc, Kensington Computer Products Group, Targus Group International Inc, Kingston Technology Company Inc, Zebronics, SteelSeries ApS.

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

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

Laptop accessories are supplementary devices or components designed to improve the functionality, convenience, or usability of a laptop computer. These accessories serve various purposes, such as enhancing ergonomics, expanding connectivity options, or offering protection.

Laptop accessories are primarily categorized into electronic and non-electronic types. Electronic accessories, which require power to operate and interact with laptops, are further classified by price into low, medium, and high categories. They are available through both online and offline distribution channels and are used by a wide range of end users, including those in commercial and personal sectors.

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

The laptop accessories market consists of sales of cooling pads and fans, laptop chargers and power banks, external keyboards, external hard drives, screen protectors, and webcams and microphones. 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.

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