Market Size –
The mechanical keyboard market size has grown rapidly in recent years. It will grow from $1.42 billion in 2023 to $1.60 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to emergence of personal computing, gaming enthusiast adoption, professional typists’ preference, retro keyboard revival, esports and competitive gaming.
The mechanical keyboard market size is expected to see rapid growth in the next few years. It will grow to $2.60 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to growing demand for gaming peripherals, rise in remote workforce, preference for tactile feedback, increasing disposable income, and increasing disposable income. Major trends in the forecast period include enhanced customization options, sustainability and eco-friendly materials, compact and portable designs, integration of advanced features, growing demand for silent switches.
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Scope Of Mechanical Keyboard Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Mechanical Keyboard Market Overview
Market Drivers –
The rising popularity of online gaming is expected to propel the growth of the mechanical keyboard market going forward. Online gaming refers to playing video games over the internet, often in real-time interaction with other players or virtual environments. The popularity of online gaming is rising due to social interaction, accessibility, diverse content, and competitive opportunities. Mechanical keyboards enhance gaming accuracy by providing tactile feedback, reducing accidental keystrokes, and maintaining consistency in gameplay. For instance, in December 2023, according to DemandSage, a US-based developer of an automated data reporting platform, the global gaming community totaled 3.22 billion individuals, with projections indicating an increase to 3.32 billion by the end of 2024. Therefore, the rising popularity of online gaming is driving the growth of the mechanical keyboard market.
Market Trends –
Major companies operating in the legal document management software market focus on developing legal case and matter management software solutions such as Legal Files 12.0 to meet the evolving needs of law firms and legal professionals. Legal Files 12.0 is a legal case and matter management software designed to streamline legal workflows, improve organization, and enhance efficiency for various legal entities. For instance, in August 2022, Legal Files Software, Inc., a US-based company specializing in legal case and matter management, launched Legal Files 12.0, the latest version of its legal case and matter management software. The software aims to provide customers with tools for success by incorporating their enhancement requests and ideas, making the system more responsive and personalized to their requirements. Also, this legal case management software also provides tools for document organization, quick information retrieval, and efficient workflows through alerts, notifications, and follow-ups.
The mechanical keyboard market covered in this report is segmented –
1) By Product Type: Tactile Switches, Clicky Switches, Linear Switches
3) By Connectivity: Wired Keyboards, Wireless Keyboards
3) By Application: Professional Gamers, Commercial, Residential
4) By End-Users: Gaming Zones, E-Learning Institutes, Household Personal Computers, Internet Cafes, Other End Users
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Regional Insights –
North America was the largest region in the mechanical keyboard market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mechanical keyboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the mechanical keyboard market are Samsung Electronics Co. Ltd., Dell Technologies Inc., Huawei Technologies Co. Ltd., Lenovo Group Limited, LG Electronics Inc., Panasonic Corporation, ZF Friedrichshafen AG, Xiaomi Corporation, Fujitsu Limited, Hewlett Packard Enterprise, Toshiba Memory Corporation, NEC Corporation, Sharp Corporation, ASUSTeK Computer Inc., Western Digital Corporation, Kingston Technology Company Inc., Seagate Technology Holdings plc, OMRON Corporation, Logitech International S.A., FKB Leopold Co. Ltd., Razer Inc., Corsair Gaming Inc., Turtle Beach Corporation, Trust International B.V., Rapoo Technology Co. Ltd.
Table of Contents
1. Executive Summary
2. Mechanical Keyboard Market Characteristics
3. Mechanical Keyboard Market Trends And Strategies
4. Mechanical Keyboard Market – Macro Economic Scenario
5. Global Mechanical Keyboard Market Size and Growth
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31. Mechanical Keyboard Market Other Major And Innovative Companies
32. Global Mechanical Keyboard Market Competitive Benchmarking
33. Global Mechanical Keyboard Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mechanical Keyboard Market
35. Mechanical Keyboard Market Future Outlook and Potential Analysis
36.Appendix
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