Keyboard Market Report and Forecast 2024-2032

According to this report, the global keyboard market size reached a value of USD 4.93 billion in 2023. Aided by the increasing demand for gaming and professional keyboards, alongside growing technological advancements, the market is projected to further grow at a CAGR of 2.40% between 2024 and 2032 to reach a value of USD 6.13 billion by 2032.

Keyboards are essential input devices used across various industries, including personal computing, gaming, and professional workspaces. With the rise in remote working trends, gaming activities, and technological innovations, the demand for high-quality keyboards has seen a notable increase. Keyboards today are designed for enhanced durability, precision, and user experience, making them indispensable in modern workplaces and leisure activities.

The growing popularity of video games globally is a major driver for the keyboard market growth. As gaming becomes more mainstream, the need for specialised gaming keyboards, which offer advanced features such as mechanical keys, customisable lighting, and programmable macro keys, is on the rise. Gamers and e-sports professionals require these high-performance keyboards for better control and gameplay, contributing significantly to market growth.

In addition to gaming, professional sectors like graphic design, programming, and video editing are increasingly opting for premium keyboards that offer enhanced ergonomics, tactile feedback, and customisation features. This shift toward user-friendly and high-performance keyboards is a crucial factor bolstering the keyboard market demand.

Moreover, innovations in keyboard design, such as the incorporation of smart features, RGB lighting, and enhanced connectivity options, are driving demand. The introduction of keyboards that are compatible with multiple devices, including smartphones, tablets, and gaming consoles, has further expanded the market.

Technological innovation has played a pivotal role in shaping the market dynamics. Manufacturers are focusing on developing wireless, mechanical, and ergonomic keyboards that cater to both casual and professional users. Wireless keyboards are gaining popularity due to their portability and ease of use, while mechanical keyboards are preferred for their durability and better typing experience.

The application of keyboard is not limited to gaming and personal computing. Several industries, including healthcare, education, and business services, are adopting advanced keyboard solutions to meet their unique needs. In healthcare, for instance, specialised waterproof and antimicrobial keyboards are being developed to maintain hygiene and prevent contamination in clinical settings. This is one of the prominent keyboard market trends.

The education sector has also seen increased demand for keyboards with enhanced durability and customisability, particularly as online learning and digital education tools become more prevalent. Meanwhile, businesses are seeking ergonomic and high-quality keyboards to improve productivity and reduce physical strain on employees.

The Additionally, the rise of customisable keyboards has also contributed to the market's growth. Users, especially in the gaming and professional sectors, are increasingly seeking keyboards that can be personalised to suit their specific needs. This includes customisable key layouts, switch types, and keycaps, offering users a more tailored and comfortable typing experience.

North America dominates the global keyboard market share, driven by high demand for gaming keyboards and technological advancements. The United States and Canada are key players, with increasing adoption of wireless and mechanical keyboards. In Europe, countries like Germany, France, and the UK see significant demand due to the growing gaming community and professional use in offices. Meanwhile, the Asia-Pacific is the fastest-growing region, fuelled by rising disposable incomes, e-sports popularity, and expanding IT sectors in China, Japan, and India. Latin America and Middle East and Africa are witnessing steady growth due to increasing digitalization and gaming trends.

As per the keyboard market analysis, the market is driven by the increasing demand for high-performance, ergonomic, and customizable keyboards across various sectors. With the growing prominence of gaming, remote working, and technological advancements, the market is expected to reach a significant value by 2032.

As manufacturers continue to focus on improving user experience and developing keyboards that cater to evolving consumer needs, the market is well-positioned for sustained development in the coming years.

Market Segmentation

The market can be divided based on type, application, distribution channel, and region.

Market Breakup by Type

• Wired
• Wireless

Market Breakup by Application

• Corporate/Enterprises
• Personal

Market Breakup by Distribution Channel

• Offline
• Online

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global keyboard market. Some of the major players explored in the report are as follows:

• Apple, Inc.
• HP Inc.
• Logitech International S.A.
• Lenovo Group Ltd.
• ASUSTEK Computer Inc.
• Dell Inc.
• Cooler Master Co. Ltd.
• Razer Inc.
• Acer Inc.
• Cherry SE
• Corsair Memory Inc.
• Others