by The global computer keyboards market is growing owing to the rising demand for ergonomic keyboards. The wireless keyboards segment is gaining popularity as they offer more mobility and flexibility compared to wired keyboards. Computer keyboards come with features like backlit keys, spill-resistant design, additional multimedia keys and macro keys. They provide comfortable and efficient typing experience to users. The market players are focusing on developing compact and portable keyboards to cater to the needs of laptop and notebook users.
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 Components, Kingston Technology Corporation, Lenovo Group Limited, HP Development Company.
Increasing penetration of touchscreen devices and smartphones is driving the demand for keyboards with tablet compatibility features. Advanced keyboards with features like biometrics, gesture controls and enhanced security also offer new Computer Keyboards Market Growth opportunities in the market.
Several companies are focusing on expanding their product portfolio and global footprint through collaborations and partnerships. For example, Logitech partnered with gaming brands to launch specialized gaming keyboards.
Market drivers
The rising adoption of wireless and portable keyboards among laptop and notebook users is a major driver for the computer keyboards market growth. Wireless keyboards provide flexibility of use without the hassle of wired connections. Their compact design makes them easy to carry while travelling. The increasing demand for ergonomic keyboards from office workers and gamers to prevent injuries is also propelling the Computer Keyboards Market forward.
PEST Analysis
Political: Regulations around materials used and waste disposal could impact the production and operations of computer keyboard manufacturers.
Economic: Rising median income levels are enabling consumers to spend more on computer peripherals like keyboards. However, supply chain issues and inflation are also affecting costs.
Social: Younger consumers prefer slim, customizable and wireless keyboards that can be used seamlessly across devices. Touch typing is also becoming more common.
Technological: Bluetooth connectivity, rechargeable battery packs, programmable keys and compatibility with multiple operating systems are some technological features attracting consumers. Sensors and advanced inputs may influence future designs.
The computer keyboard market in terms of value is concentrated in North America and Western Europe due to high demand from enterprise and commercial sectors in countries like the United States, Canada, Germany, United Kingdom and France. A sizable share of global sales also comes from Asia Pacific region with large consumer base in China, Japan and India increasingly adopting computer devices and accessories at work as well as home.
The fastest growing regional market for computer keyboards is expected to be Asia Pacific excluding Japan. Rising incomes, growing working professional population, expansion of e-commerce sector and increase in online learning are major factors supporting strong sales growth in countries like China, India, Indonesia and Vietnam. Growing infrastructure for electronics manufacturing along with presence of global as well as local brands also make Asia Pacific conducive for production and supply of computer keyboards at competitive prices to both local and international clients.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
