TechTarget Predicts Growth Trends in Gaming Peripheral Market

Summary

TechTarget Inc. forecasts that the games peripherals market will exceed $20 billion by 2025 and reach nearly $25 billion by 2030, driven by demand for gaming monitors, which are expected to account for 49% of revenue in 2025. Other categories like gamepads, headsets, keyboards, and mice are also expanding. The report highlights a trend of increasing prices for peripherals, contrasting with stagnant game software prices due to inflation.Reuters

Impact Analysis

So basically, TechTarget is signaling a robust growth trajectory for the gaming peripherals market, projecting it to hit $25 billion by 2030, with gaming monitors leading the charge at 49% of revenue by 2025. This isn’t just about hardware sales; it’s about the shifting landscape where peripherals are becoming more valuable than the games themselves, thanks to inflation keeping software prices flat. The interesting part isn’t just the growth—it’s the pricing power peripherals are gaining. This could mean higher margins for companies in this space, and potentially a shift in investment focus from software to hardware. Market’s missing that this trend could lead to increased consolidation or partnerships among peripheral manufacturers to capitalize on this growth. I’d read this as a call to look deeper into companies with strong R&D in gaming monitors and peripherals, as they might be undervalued given the projected demand surge.Reuters