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Laptop Accessories Market size was valued at USD 42 billion in 2023 and is estimated to register a CAGR of over 6.4% between 2024 and 2032. The market is experiencing growth due to several factors that collectively contribute to the increased demand for various accessories such as screen protectors, replacement keyboards, and laptop batteries. The global market penetration of laptops in the consumer and business segments has also been a significant driver of the accessories market. As more people and organizations rely on laptops for work, education, entertainment, and communication, the demand for complementary accessories increases.
The ongoing innovations in laptops are further driving a need for accessories that are compatible with and can enhance the overall functionality & performance of modern laptops. Users may seek accessories such as high-resolution monitors, faster external storage devices, or advanced connectivity accessories to maximize the capabilities of their laptops & enhance productivity. Global events such as the COVID-19 pandemic have resulted in increased reliance on laptops owing to the move toward remote employment and online learning.
Report Attribute | Details |
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Base Year: | 2023 |
Laptop Accessories Market Size in 2023: | USD 42 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 6.4% |
2032 Value Projection: | USD 73 Billion |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 270 |
Segments covered: | Type, End Use, Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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In addition to the remote work trend, the increasing acceptance of automated processes in various industries and the increasing popularity of e-sports are major factors driving the need for laptop accessories. This trend has also boosted the demand for accessories that enhance remote work and learning experience such as webcams, headphones & ergonomic peripherals.
Certain segments of the laptop accessories market, such as basic peripherals (mice, keyboards), may become saturated. Increased competition in these areas can lead to price wars, reduced profit margins, and a struggle for market share. Consumers are often price-sensitive when it comes to accessories. Thus, it is important to maintain a balance between affordability and quality. There are also rapid shifts in consumer preferences, such as a move toward minimalist designs, sustainable materials, or specific features, which has posed challenges for companies that struggle to adapt to evolving trends. It is paramount for companies to evolve according to the latest trends in the market to gain a competitive advantage.
With wireless access, consumers can now work or watch media without being restricted by their gadgets and gain ease, flexibility & less clutter. With the growing number of individuals working and studying on laptops, ergonomic gadgets have grown more and more important. The growing popularity of remote work and on-the-go productivity is responsible for the increase in demand for lightweight & portable laptop accessories.
Concerning privacy and security, accessories such as privacy screens and webcam covers have gained popularity to protect users from unauthorized access to their laptop cameras & screens. The popularity of laptops with USB-C ports has increased the demand for peripherals that make use of this flexible interface. Integration with smart home devices and ecosystems has also influenced the development of smart laptop accessories. This includes smart speakers, lighting systems, and other accessories that can be controlled through voice commands or mobile apps.
Based on type, the electronic segment held over 67.4% of the market share in 2023. Laptop connectivity improves via electronic devices including docking stations, USB hubs, and adapters. Through the ability to increase the number of ports on laptops, users can connect more peripherals, external screens, storage devices, and other accessories. These add-ons increase laptops' productivity and versatility, enabling them to be used in a wider range of professional & social environments. The non-electronic laptop accessories segment includes items such as mouse pads, stands & holders, protective cases, key guards, and cleaning supplies. These products are crucial in enhancing the product's longevity and functionality.
Based on end use, the personal user segment recorded around 58.1% of the laptop accessories market share in 2023. Individuals who use laptops for personal use frequently look for accessories that let them tailor the device to suit their preferences, style, and character. Users of personal laptops usually make investments in accessories to increase efficiency & create convenience in their daily lives. The most popular attachments that improve typing comfort, maximize workflow & lower strain during extended use include ergonomic keyboards, wireless mouse, portable laptop stands, and comfortable wrist rests.
Asia Pacific laptop accessories market accounted for 37.5% of the revenue share in 2023. The popularity of laptops has increased rapidly throughout the region due to growing economies, rising disposable incomes, and technological improvements. There is a growing need for laptop cases, chargers, and other accessories as more people & businesses acquire computers.
Asia Pacific witnessed a surge in the use of online learning and remote work due to the COVID-19 pandemic. Due to this change, there is a high demand for laptop accessories that promote efficiency, comfort, and productivity when working remotely. As they improve the work-from-home experience, accessories such as ergonomic keyboards, mouse, and laptop stands have become more & more popular, driving up market numbers.
Laptop Accessories industry seem to be highly fragmented in nature due to presence of numerous local and global players across the globe. In 2023, the above list of dominant companies collectively held around substantial 15%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
Major companies operating in the laptop accessories industry are:
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Market, By Type
Market, By End Use
Market, By Price
Market, By Distribution Channel
The above information has been provided for the following regions and countries: