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Increasing popularity of gaming services and availability of advanced gaming controllers at cost-effective prices and more features are some key factors expected to drive market growth

The Global Gaming Controller Market research study published by Emergen Research is an extensive collection of insightful information about the Gaming Controller industry. The report covers the Gaming Controller Market segmentation along with a detailed outline of the Gaming Controller market size with regards to volume and valuation. The report provides comprehensive coverage of the Gaming Controller market scenario for the current period and forecast timeline of 2021-2028. The Gaming Controller market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

According to Emergen Research, the global gaming controller market size was USD 1.78 billion in 2020 and is expected to reach USD 3.49 billion in 2028 and register a revenue CAGR of 8.9% during the forecast period, 2021-2028.

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Gaming Controller Market Dynamics:

Gaming controller is an input device generally used with video games and entertainment systems to offer input in video games or control objects or avatars in the games. Over the years, there has been significant improvements in features and designs of gaming controllers and now include directional pads, analog sticks, motion detection, touch screens, and multiple buttons. Gaming controllers are also available in wireless versions and with rapid advancements in virtual reality applications, gaming controllers are now being equipped with wireless motion controls.

 Rapidly rising popularity of gaming, increasing disposable income among individuals, and technological advancements in gaming controllers are some key factors expected to drive market revenue growth over the forecast period. In addition, availability of gaming controllers that are small, compact, user-friendly, and comfortable to use is another key factor expected to further contribute to revenue growth of the market going ahead.

COVID-19 Impact Analysis 

Social distancing and restrictions severely disrupted businesses and operations

Lockdowns caused disruptions in transportation and logistics

Impacted manufacturing activities and mining operations globally

Took a toll on economy of various countries

Caused sudden and drastic downturn in economic activity

Disrupted agriculture, fisheries, dairy, and other sectors

Caused loss of employment and financial crisis

Supply impacts were further compounded owing to reduced disposable income

Emergence of variants continue to cause concerns and impact normal routines

Gamepad Segment Revenue to Expand Significantly: 

Gamepad segment is expected to register robust revenue CAGR over the forecast period attributable to rapid advancements in gamepad manufacturing, increasing efforts to improve experience of users, and rising affordability of gamepads.  

Personal Segment to Account for a Significantly Large Revenue Share:

Personal segment is expected to dominate other end use segments in terms of revenue share over the forecast period attributable to significant rise in demand for personal gaming controller due to rising popularity of gaming and increasing level of disposable income among individuals, rapidly increasing base of gamers across the globe, and increasing affordability of gaming controllers.

The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Gaming Controller market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Gaming Controller market landscape.

Major Companies in the Market Include:

Logitech International S.A.

Microsoft Corporation

Sony Corporation

Nintendo Co. Ltd.

Razer, Inc.

HORI USA Inc.

Mad Catz Global Limited

Guillemot Corporation S.A.

dreamGEAR, LLC

Speedlink USA, Inc.

North America to Lead in Terms of Revenue Share:

North America is expected to account for largest revenue share over the forecast period attributable to increasing pool of games in the United States and Canada, growing prevalence of professional and casual gamers, availability of high-end gaming controllers in the region, rising spending on online gaming and accessories, and robust presence of key market players.

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For the purpose of this report, Emergen Research has segmented the global gaming controllers market on the basis of product, connectivity, compatibility, distribution, end-use, and region:

Product Outlook (Revenue, USD Billion; 2018-2028)

Joystick

Gamepad

Trackball

Light Gun

Throttle Quadrant

Connectivity Outlook (Revenue, USD Billion; 2018-2028)

Wired

Wireless

Compatibility Outlook (Revenue, USD Billion; 2018-2028)

Console

PC & Mobiles

Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)

Offline

Online

End Use Outlook (Revenue, USD Billion; 2018-2028)

Commercial

Personal

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The report addresses the following key points:

The report estimates the expected market size from 2021-2028

The report provides a forecast of market drivers, restraints, and future opportunities for the Gaming Controller market

The report further analyses the changing market dynamics

Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth

Extensive competitive landscape mapping with profiles of the key competitors

In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies

Revenue forecast, country scope, application insights, and product insights

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Tags: Gaming Controller Market Size, Gaming Controller Market Trend, Gaming Controller Market Share, Gaming Controller Market Growth, Gaming Controller Market Demand