IT Peripherals Market Report 2025 (Global Edition)

Global IT Peripherals Market Report 2025 Market Size Split by Product Type (Output Devices, Input Devices, Storage Devices), by Output Devices (Loudspeakers, Printers, Headphones), by Input Devices (...

IT Peripherals Market Report Description

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Imapct of Trumph Tariff on Electronics and Electrical Industry

In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.

Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.

China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.

Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.

competitive Landscape of the IT Peripherals Market

The competitive landscape of the global computer peripherals market is fairly fragmented, with many key players operating on global and regional levels. Key players are engaged in product development and strategic alliances to expand their respective product portfolios and gain a robust footing in the global market.

IT Peripherals Industry News

For instance, in April 2022, Apple announced the unveiling of two new Macs at WWDC 2022.

Source:https://timesofindia.indiatimes.com/gadgets-news/apple-may-launch-two-new-macs-at-wwdc-2022/articleshow/90775361.cms

For instance, in April 2022, Lenovo announced that it would invest billions of dollars in the coming five years in research and development for modern technologies. The money is aimed to be spent on products and services related to the fast-growing metaverse space.

Source:https://m.economictimes.com/tech/technology/lenovo-will-invest-1-billion-in-ai-business-over-next-three-years/articleshow/100996479.cms

Top Companies Market Share in IT Peripherals Industry: (In no particular order of Rank)

• Intel
• Microsoft
• NEC
• Logitech
• Ricoh
• Canon
• Hewlett-Packard Enterprise
• Dell
• Samsung Electronics
• Hitachi
• Apple
• IBM
• Seiko Epson
• Toshiba
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the IT Peripherals Market

Which Region will dominate the IT Peripherals Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue.The region witnesses a continuous demand for peripherals such as keyboards, mice, monitors, printers, and storage devices. The market is driven by a surge in remote work trends, increased gaming activities, and the constant need for efficient and upgraded computer accessories. Major players in the industry, including renowned brands and emerging startups, compete to offer cutting-edge products with advanced features.

Which Region is Expanding at the Fastest CAGR?

European consumers prioritize products with cutting-edge features, reliability, and eco-friendly attributes. Competition among major players and emerging startups is fierce, fostering continuous innovation. Regulatory initiatives focusing on sustainability and electronic waste management also impact product development. Overall, the European IT peripherals market reflects a blend of technological advancement, consumer preferences, and a commitment to environmental responsibility.

The current report Scope analyzes IT Peripherals Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America IT Peripherals Market Analysis

According to Cognitive Market Research, the global IT Peripherals Market size was estimated at USD 12512.2 Million, out of which North America is the major market with more than 40% of the global revenue with a market size of USD 5004.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031. The North America region is a significant player in the IT Peripherals market, characterized by its mature technology infrastructure, high consumer demand, and continuous technological advancements. The printer segment is witnessing advancements in technology, with a shift towards wireless and multifunctional printers. Additionally, eco-friendly and energy-efficient features are becoming more prevalent in response to sustainability concerns. In conclusion, the North America IT Peripherals market presents a dynamic landscape shaped by technological innovation, changing work trends, and sustainability considerations.

Country Analysis

• According to Cognitive Market Research, the US had a major share in the IT Peripherals Market, with a market size of USD 3948.85 million in 2024, which is projected to grow at a CAGR of 6.8% during the forecast period. The USA market remains dynamic, with ongoing product innovations and adaptations to cater to the diverse needs of outdoor enthusiasts.
• The Canadian IT peripheral markets market had a market share of USD 600.59 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. The Canadian market remains dynamic, with ongoing product innovations addressing consumer needs and safety standards.
• The Mexico IT peripheral markets market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 455.44 million in 2024.

Europe IT Peripherals Market Analysis

According to Cognitive Market Research, with a market value of USD 12512.2 million in 2024, it is projected to expand at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 3753.66 million. The region demonstrates a strong demand for high-quality peripherals, including ergonomic keyboards, precision mice, and advanced audio solutions.The Loudspeakers segment reflects a response to evolving consumer preferences for superior audio solutions that complement the diverse range of digital activities in today's IT landscape. Moreover, there's a growing emphasis on compact and portable designs without compromising on sound quality. In conclusion, Europe's IT Peripherals market showcases a dynamic interplay of technological sophistication, diverse consumer needs, and a commitment to sustainability, positioning the region as a key influencer in the global IT peripherals landscape.

• The United KingdomIT Peripherals Markets market had a market share of USD 630.61 million in 2024 and is projected to grow at a CAGR of 8.1% during the forecast period. The UK market remains dynamic, with continuous product innovations and adaptations to meet the evolving needs of outdoor enthusiasts.
• The French IT Peripherals Markets market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 345.54million in 2024.
• According to Cognitive Market Research, the German IT Peripherals Market size was valued at USD 743.22 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. German consumers appreciate the convenience, portability, and quick heating features of these stoves for various outdoor activities, contributing to a growing demand.
• The Italy IT Peripherals Markets market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 322.81 million in 2024.
• The Russian IT peripheral markets market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 581.82 million in 2024.
• The Spanish IT Peripherals Market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 307.80 million in 2024.
• The Luxembourg IT Peripherals Markets market is projected to witness growth at a CAGR Of 7.4% during the forecast period, with a market size of USD 116.36 million in 2024.
• The Portugal IT peripheral markets market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 78.83 million in 2024.
• The Greece IT peripheral markets market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 45.04 million in 2024.
• The rest of the European apps markets market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 581.82 million in 2024.

Asia Pacific IT Peripherals Market Analysis

According to Cognitive Market Research, the global IT Peripherals Market size was estimated at USD 12512.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 2877.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031. The region exhibits a high demand for a wide range of peripherals, including keyboards, mice, monitors, and audio devices, driven by the growing tech-savvy population and expanding digital infrastructure. The Keyboard segment, with its blend of performance, customization, and environmental considerations, remains pivotal in the diverse landscape of IT peripherals, catering to the diverse needs of users across various industries and applications. In conclusion, the Asia Pacific IT Peripherals market reflects a blend of technological innovation, diverse consumer demands, and manufacturing prowess.

• According to Cognitive Market Research, the China IT Peripherals Markets market size was valued at USD 1295.01 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. Chinese consumers value the convenience, portability, and quick heating features of these stoves for various outdoor activities, contributing to a rising demand.
• The Japan IT peripheral markets market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 397.14 million in 2024.
• The India IT Peripherals Markets market had a market share of USD 345.34 million in 2024 and is projected to grow at a CAGR of 12.6% during the forecast period. The Indian market remains dynamic, with continuous product innovations and adaptations to cater to the evolving needs of outdoor enthusiasts.
• The South Korean IT peripheral markets market is projected to witness growth at a CAGR of 9.9% during the forecast period, with a market size of USD 287.78 million in 2024.
• The Australian IT Peripherals Markets market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD 149.65 million in 2024.
• The South East AsiaIT Peripherals Markets market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 198.57 million in 2024.
• The Rest of the Asia Pacific IT Peripherals Markets market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 204.32 million in 2024.

South America IT Peripherals Market Analysis

According to Cognitive Market Research, the global IT Peripherals Markets market size was estimated at USD 12512.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 625.61 million in 2024 and will grow at compound annual growth rate (CAGR) of 8.2% from 2024 to 2031. The region experiences a steady demand for IT peripherals, including keyboards, mice, printers, and audio devices, driven by increasing digitalization and technology adoption across various sectors. The Image Scanners segment, with its focus on efficiency, convenience, and advanced features, plays a crucial role in the broader landscape of IT peripherals, supporting the transition towards a more digitized and paperless workflow.In conclusion, the Latin American IT Peripherals market presents both challenges and opportunities, with a potential for expansion driven by technological integration, changing work trends, and an evolving consumer landscape.

• According to Cognitive Market Research, the Brazil IT Peripherals Markets market size was valued at USD 267.76 million in 2024. It is projected to grow at a CAGR of 8.8% during the forecast period. The Brazilian market remains dynamic, with continuous product innovations and adaptations to meet the evolving needs of outdoor enthusiasts.
• The Argentina IT Peripherals Markets market had a market share of USD 105.10 million in 2024 and is projected to grow at a CAGR of 9.1% during the forecast period. The Argentine market remains dynamic, with continuous product innovations and adaptations to meet the evolving needs of outdoor enthusiasts.
• The Colombia IT peripheral markets market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 55.68 million in 2024.
• The Peru IT peripheral markets market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 51.30 million in 2024.
• The Chile IT peripheral markets market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 45.04 million in 2024.
• The Rest of the Latin America IT Peripherals Markets market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 100.72 million in 2024.

Middle East IT Peripherals Market Analysis

According to Cognitive Market Research, the global IT Peripherals Market size was estimated at USD 12512.2 Million, out of which the Middle East and Africa are the major markets of around 2% of the global revenue with a market size of USD 250.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.The region experiences a growing demand for IT peripherals, driven by increased digitization, infrastructure development, and a young, tech-savvy population. The USB Flash Drives segment in the IT Peripherals market is characterized by compact, portable storage solutions with ever-increasing capacities and faster data transfer speeds. As a crucial component for data mobility, USB flash drives continue to be in high demand for storing and transferring files across various devices. In conclusion, the IT Peripherals market in MEA is poised for growth, with opportunities arising from technological integration and evolving consumer needs.

• According to Cognitive Market Research, the GCC Countries IT Peripherals Markets market size was valued at USD 107.10 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. GCC appreciates the portability, versatility, and quick heating features of these stoves for various outdoor activities, from desert camping to beach picnics.
• The Egypt IT Peripherals Markets market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 26.28 million in 2024.
• The South AfricaIT Peripherals Markets market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 39.54 million in 2024. South African consumers appreciate the portability, versatility, and quick heating features of these stoves for various outdoor activities, from camping safaris to beach outings.
• The Turkey IT Peripherals Markets market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 21.52 million in 2024.
• The Nigeria IT Peripherals Markets market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 26.28 million in 2024.
• The Rest of the MEAIT Peripherals Markets market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 29.53 million in 2024.

 

IT Peripherals Market Analysis

IT Peripherals Market Product Type Segment Analysis

According to Cognitive Market Research, the Output Devices segment within the IT Peripherals market is experiencing significant growth and evolution. Output devices, including monitors, printers, and projectors, play a crucial role in displaying and producing information from computers. In recent years, there has been a surge in demand for high-resolution and large-format monitors, driven by the increasing emphasis on visual content consumption, gaming, and productivity.

The Input Devices segment reflects a constant drive for innovation to enhance user experience, productivity, and security in the evolving landscape of IT peripherals. The rise of gaming and increased digital content creation activities has fueled demand for high-performance and specialized input devices. Touchscreen technology, stylus pens, and gesture controls are also gaining prominence in this segment, offering more intuitive ways for users to interact with their devices.

• Output Devices
• Input Devices
• Storage Devices

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of IT Peripherals Industry. Request a Free Sample PDF!

IT Peripherals Market Output Devices Segment Analysis

According to Cognitive Market Research, the Loudspeakers segment within the IT Peripherals market is undergoing dynamic changes with a focus on audio quality, connectivity, and innovative features. As users increasingly engage in activities like gaming, video conferencing, and multimedia consumption, the demand for high-performance and immersive audio experiences has surged. Bluetooth and wireless connectivity have become integral, allowing users to connect speakers to various devices seamlessly.

Printers, including wireless and cloud-based printing solutions, are becoming standard, enhancing user convenience and connectivity. Additionally, eco-friendly initiatives are prevalent, with manufacturers incorporating features like duplex printing and energy-efficient modes to address environmental concerns. 3D printing is gaining traction for prototyping and manufacturing applications.

• Loudspeakers
• Printers
• Headphones

The above Graph is for representation purposes only. This chart does not depict actual Market share.

IT Peripherals Input Devices Segment Analysis

According to Cognitive Market Research, the Image Scanners segment, with its focus on efficiency, convenience, and advanced features, plays a crucial role in the broader landscape of IT peripherals, supporting the transition towards a more digitized and paperless workflow. Document management systems and the need for efficient data storage are driving innovations such as automatic document feeders and duplex scanning capabilities. Portable and compact scanners cater to mobile professionals and businesses requiring on-the-go scanning solutions. Moreover, there's a trend toward integrating advanced optical character recognition (OCR) and intelligent image processing features for enhanced document digitization.

The Keyboard segment in the IT Peripherals market is undergoing continuous evolution, driven by user preferences, gaming demands, and technological advancements. Keyboards are now designed with ergonomic features, customizable RGB lighting, and mechanical switches to enhance typing comfort and gaming experiences. Mechanical keyboards, in particular, are gaining popularity for their tactile feedback and durability.

• Image Scanners
• Keyboard
• Pointing Devices
• Webcams

IT Peripherals Storage Devices Segment Analysis

According to Cognitive Market Research, the USB Flash Drives segment has seen a trend towards smaller form factors, increased durability, and integration of USB-C interfaces for broader compatibility. Security features like hardware encryption and password protection are gaining prominence to safeguard sensitive data. With the rise of cloud storage, USB flash drives remain relevant due to their offline accessibility and ease of use.

The CD & DVD segment faces challenges to remain integral in the IT peripherals market, emphasizing the importance of adaptability in response to changing user preferences and industry trends. As physical media usage diminishes, traditional CD and DVD drives in computers are becoming less common. Many modern laptops and desktops are designed without optical drives, emphasizing sleeker and more compact form factors.

• USB Flash Drives
• CD & DVD
• HDD & SSD

IT Peripherals Connectivity Segment Analysis

According to Cognitive Market Research, the Wired Computer Peripherals segment remains steadfast, providing a robust and dependable solution for users who prioritize performance, precision, and consistency in their computing experience. As technology advances, this segment adapts by incorporating innovations such as improved cable management and enhanced durability to maintain its relevance in the evolving IT peripherals landscape.

The Wireless Computer Peripherals segment in the IT market is experiencing significant growth and innovation. Wireless keyboards, mice, printers, and other peripherals offer users increased flexibility, convenience, and a clutter-free workspace. Bluetooth and Wi-Fi connectivity have become standard features, enabling seamless integration with a variety of devices. Gaming peripherals, such as wireless mice and keyboards, are gaining popularity for their responsiveness and freedom of movement.

• Wired Computer Peripherals
• Wireless Computer Peripherals

IT Peripherals End Use Segment Analysis

According to Cognitive Market Research, Residential users seek ergonomic and customizable solutions, such as wireless keyboards, mice, and printers, to enhance their computing experience. Gaming peripherals are also popular in households, reflecting the rise of gaming as a mainstream recreational activity. Moreover, smart home integration has led to the demand for peripherals that seamlessly connect with other devices.

The Commercial Use segment reflects a dynamic landscape driven by technological advancements, security considerations, and the evolving needs of businesses seeking efficient and reliable IT peripheral solutions for their professional operations. Printers and scanners often incorporate advanced features like duplex printing and document management solutions to streamline workflow. In the era of remote work, commercial IT peripherals increasingly focus on connectivity, collaboration tools, and security measures.

• Residential Use
• Commercial Use

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

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