Computer Keyboards Market Poised to Achieve Steady Growth due to Rise in e-learning and Remote Working
Computer Keyboards Market |
The global computer keyboards market revolves around the wide range of keyboards used across various sectors. Keyboards have become an indispensable part of computers and laptops used for personal, educational and professional purposes. The rising popularity of e-learning and remote working culture amid pandemic has created massive demand for functional and ergonomic keyboards.
The global computer keyboards market is estimated to be valued at US$ 5.86 Mn in 2024 and is expected to exhibit a CAGR of 9.9% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the computer keyboards market include Logitech, Razer, Corsair, SteelSeries, Creative Labs, Cherry, HyperX and Ducky Channel. Logitech being the global market leader is focused on expanding its portfolio of wireless and specialty keyboards.
The rising adoption of ergonomic Computer Keyboards Market Demand for preventing musculoskeletal disorders presents lucrative opportunities for keyboard manufacturers. Companies are investing in R&D to design keyboards catering to specific needs of gamers, programmers and graphic designers.
North America dominates the global market due to high penetration of PCs and laptops for personal and professional use. However, Asia Pacific is emerging as a major market supported by growing tech-savvy population and expanding e-commerce industry in countries like India and China. Leading players are setting up manufacturing bases in these countries to cater to rising local demand.
Market Drivers
- Surge in e-learning activities and remote working culture amid pandemic has boosted sales of computer keyboards globally. Educational institutes and companies provided laptops/desktops with keyboards to support online teaching and work from home.
- Growing popularity of gaming as a career option and hobby has increased demand for specialty gaming keyboards with advanced features like programmable macros, customizable RGB backlighting etc.
Market Restraints
- Availability of inexpensive and low-quality keyboards as alternatives hampers sales of established brands in low and mid-range markets.
- Frequent technological updates in laptop and desktop keyboards designed by OEMs pose threat to third party keyboard manufacturers in terms of compatibility issues.
Segment Analysis
Computer Keyboards can be broadly divided into three major segments - Wired Keyboards, Wireless Keyboards and Keyboard Case Covers. Wired Keyboards held the largest market share of around 60% in 2024 owing to their lower costs and reliability. However, the Wireless Keyboards segment is expected to witness highest growth during the forecast period. The increasing demand for versatility and mobility among users is driving the adoption of Wireless Keyboards. Their convenience of use and ability to support multiple electronic devices without being physically connected through wires is making them a preferred choice.
Global Analysis
Regionally, North America accounted for the largest share of around 35% in the Computer Keyboards Market in 2024. Early adoption of new technologies and high expendable income levels enable users in the US and Canada to invest more in premium computer peripherals like keyboards. Asia Pacific is projected to witness the fastest growth during the forecast period. This can be attributed to rapid penetration of computers, laptops and desktops along with expanding middle class population and their rising disposable incomes in countries like China, India. Emergence of multiple local and international brands further strengthening the distribution channels across Asia Pacific is supporting the sales of keyboards.
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About Author:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
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