About IT Peripherals
IT Peripherals refer to the auxiliary device which is used to put information into or get information out of the computer. This type of hardware device is connected externally or internally to the computer to improve functionality. There are three main types of IT peripherals i.e. input, output, and storage devices. Input devices are helpful for taking input easily and providing specific output with the help of output devices. Storage devices increase capacity for storing information or data which ultimately improves the efficiency of the system.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global IT Peripherals market is fragmented with the presence of various players. Companies offer a wide range of IT Peripherals devices for the computer which gives extra functionality to it. Companies use technologies like artificial intelligence (AI) and wireless to improve the connectivity of the devices. Many players investing in the launch and enhancement of auxiliary devices by innovating new technology. Companies are participating in strategic activities such as mergers and acquisitions to enhance their market presence. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Apple Inc. (United States), NVIDIA Corporation (United States), SAMSUNG (South Korea), ASML (Netherlands), TSMC (China), Cisco (United States), Intel Corporation (United States), HP Inc. (United States), Qualcomm Technologies, Inc. (United States), Texas Instruments Incorporated. (United States), Sony Corporation (Japan), KEYENCE CORPORATION. (Japan), Advanced Micro Devices, Inc (United States) and MOBOTIX AG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Acer (Taiwan), Hitachi (Japan) and Others.
Segmentation Overview
AMA Research has segmented the market of Global IT Peripherals market by Type (Input Device {Mouse, Keyboards, Scanner, etc.}, Output Device {Monitors, Printers, Projector, etc.} and Storage Device {Hard Drives, Flash Drives, CD/DVD drive, etc.}), Application (Commercial and Personal) and Region.
On the basis of geography, the market of IT Peripherals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the IT Peripherals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Technology Adopting Technology like Artificial Intelligence (AI) And Wireless in the IT Peripherals
Market Growth Drivers:
Growing Demand of Desktop PC or Laptop among Individual and Organizations in The Countries and Rising Need for Better Communication with The Digital Electronic Machine
Challenges:
Cutthroat Competition in the IT Peripherals Markets with the Presence of Numerous Players and High Coat of Raw Material Hindering The IT Peripherals Markets
Restraints:
Presence of Several Low-quality IT Peripherals in the Market in Lower Prices
Opportunities:
Increasing Digitalization in The Developing Countries Creating Numerous Opportunities for IT Peripherals Market
Market Leaders and their expansionary development strategies
In February 2021, HP Inc. announced a definitive agreement to acquire HyperX, the gaming division of Kingston Technology Company. The acquisition supports HP’s strategy to drive growth in its Personal Systems business, where gaming and peripherals are attractive segments. HyperX’s award-winning product portfolio spans a range of gaming peripherals, including headsets, keyboards, mice, mousepads, USB microphones, and console accessories.
In December 2021, MOBOTIX announced 18 new products consisting of innovative hardware and software solutions. This November’s Innovation Splash included first-of-its-kind camera technology and an expansion of MOBOTIX7 the company’s cloud-based monitoring platform. The first hemispherical camera combines infrared and LED white light in a single system. Intelligent apps and software developments give the MOBOTIX7 high-end video system an immense number of new application possibilities. The MOBOTIX entry-level MOVE portfolio has been expanded with three new water repellents, nano-coating cameras that are perfect for any environment.
Key Target Audience
IT Peripherals Manufacturers, IT Peripherals International Traders, IT Peripherals Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream and Buyers Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.