The net valuation of the global computer peripherals market is anticipated to be around USD 446 billion in 2023. Decreasing prices of consumer peripheral devices are anticipated to boost the demand, thereby, garnering USD 1,214.1 billion in 2033. The market is likely to record a CAGR of 10.5% from 2023 to 2033.
The overall value of the market in the year 2018 was merely USD 296 billion. As per the FMI market survey report, the sales progressed at an annual average growth rate of 8.4% between 2018 and 2022.
To meet the changing demands of consumers, players are making significant investments in peripheral devices. Heavy investments aid in technological development and offer various benefits, which are expected to positively impact the market in the forecast period.
Rapidly evolving computer peripheral devices to meet changing consumer requirements are expected to drive the market significantly in the forecast period. Growing disposable income, reduction in prices of consumer peripheral devices, and surging demand for external storage devices are other factors propelling the market expansion in the forecast period.
Also, rising digitalization in education institutions is notably driving the market in the assessment period. Various schools are adopting virtual education methods and offering online courses that are anticipated to positively impact the market.
Growing demand for external storage devices and the introduction of technologically modern products are expected to drive the market in the forecast period.
USB devices like USB flash drives are expected to emerge as an efficient tool for sharing and storing data more quickly. This is projected to give various avenues of expansion to players in the coming time.
Attribute | Details |
---|---|
Computer Peripherals Market Valuation in 2022 | USD 409.55 billion |
Estimated Global Market Share in 2023 | USD 446 billion |
Forecasted Global Market Size by 2033 | USD 1,214.1 billion |
Projected Global Market Growth Rate from 2023 to 2033 | 10.5% CAGR |
Rising Digitalization in Education Sector to Boost the Market
Students can also enroll in several courses offered by several other online course providers like Coursera, Udemy, BYJYU’s, edX, and Unacademy, among others. Therefore, rising digitalization, especially, among developing nations is anticipated to augment the market size in the assessment period.
Increasing strategic partnerships and acquisitions are anticipated to provide a significant boost to the market in the forecast period. For instance, in March 2020, BluPeak, a PC and hardware player, inked a partnership agreement with Dicker Data.
In May 2019, similarly, Toshiba Memory Corp and Western Digital Corp disclosed an agreement to jointly invest in the K1 manufacturing facility that Toshiba Memory is constructing in Kitakami, Iwate Prefecture, Japan. The rise in such initiatives is expected to bolster the industry in the forecast period.
The rise in counterfeit products is expected to act as a significant market restrain during the forecast period. Various consumer electronics manufacturers face such challenges with the availability of counterfeit products at local stores and as well as e-commerce channels.
Their easy availability through various distribution channels is projected to hinder market expansion in the coming time. Also, the rising preference for smartphones and tablets over computers and laptops is anticipated to be a significant factor impeding the expansion in the forecast period.
However, with players taking several initiatives to tackle such challenges, the market is expected to show significant growth. For instance, in February 2022, Micross Components, Inc. an eminent mission-critical microelectronic provider, hosted a webinar on the supply chain challenges faced by specifiers, procurers, and designers. The title of the webinar was ‘How can we eliminate the risk of potentially using counterfeit parts?’ The webinar might offer industry insights and lessons from manufacturers and trusted solutions employed to eradicate the risk of counterfeit parts.
The increasing demand for external devices and the growing disposable income of an individual is expected to offer significant opportunities in the forecast period. The surge in data traffic and the growing need for compact and better storage devices is likely to enhance demand for better USB devices across the globe, thus, offering significant opportunities to players.
Players in the global computer peripherals market are taking several initiatives to expand their reach. For instance, in August 2021, Kingston Digital announced the launch of a new DataTraveler Max USD drive.
The company states that the USB-3 3.2 flash drive is likely to give record-breaking speeds for data transmission of up to 1,000 MB/s read and 900 MB/s. Production of such products is likely to drive the market and also act as an opportunity to market growth.
As per the analysis, in the end-use segment, the commercial segment is expected to dominate the market in the forecast period. The segment is projected to expand at a 10.2% CAGR in the forecast period. The growth of the segment can be attributed to the rapid growth of the IT sector, which generates huge demand for computer peripherals. Developed nations such as the United States and Canada are anticipated to notable contributions in driving the market expansion.
Category | By Connectivity |
---|---|
Top Segment | Wired Computer Peripherals |
Market Share in Percentage | 59.4% |
Category | By End Use |
---|---|
Top Segment | Commercial |
Market Share in Percentage | 60.3% |
On the other hand, by product type, the storage devices segment is likely to dominate the market in the forecast period. The segment is anticipated to expand at an 11% CAGR during the forecast period. The growth of the segment can be attributed to the increased demand for efficient USB devices. An increase in data traffic and the rising requirement for compact and efficient storage devices are likely to enhance the demand for better USB devices across the globe.
Regional Market Comparison | Global Market Share in Percentage |
---|---|
North America | 32.1% |
Europe | 25.5% |
As per the analysis, the global computer peripherals market is anticipated to be dominated by North America during the forecast period. As per the observations, the market in the United States is expected to make a substantial contribution to developing the regional market. The United States is anticipated to secure USD 250 billion by 2033 while expanding at a CAGR of 9.6% from 2023 to 2033.
The presence of the most established players in the region is another salient factor driving the market in the region. For instance, in April 2022, Apple announced to unveil of two new Macs at WWDC 2022.
The Europe market is anticipated to be a lucrative market during the forecast period. As per the estimations, the United Kingdom is likely to be the most active player in propelling the market. The United Kingdom is projected to garner USD 90.2 billion, exhibiting a CAGR of 9.8% in the forecast period from 2023 to 2033.
The growth of the regional market can be credited to the increasing involvement of the government. For instance, the United Kingdom government awarded 15 million Euros to six universities and laboratories to work on the world’s leading radio telescope. Two teams from Oxford plan to work on software and computer hardware. Such initiatives are expected to propel the market in the forecast period.
Regional Market Comparison | Global Market Share in Percentage |
---|---|
United States | 17.6% |
Germany | 10.4% |
Japan | 5.4% |
Australia | 2.6% |
APAC is anticipated to be a fast-growing market during the forecast period. The growth of the region can be attributed to the presence of rapidly developing countries such as; India, China, and Japan. As per the estimations, China is expected to garner USD 87.5 billion in 2033.
The region is projected to exhibit a CAGR of 12.4% from 2023 to 2033. For instance, in April 2022, Lenovo announced to 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.
The market in Japan is anticipated at USD 50.1 billion while expanding at a CAGR of 12% during the forecast period. The expansion of the Japanese market can be attributed to the presence of strong players making aggressive investments in expanding the industry. Moreover, the rapid technological development of the region is expected to offer significant opportunities for market expansion in the forecast period.
Analysis reveals that the market in India is expected to garner USD 62.8 billion while expanding at a CAGR of 12% during the forecast period from 2023 to 2033. The growth of the market can be attributed to the increasing government participation in providing computer systems to underprivileged children.
The active participation of NITI Ayog and the growing participation of BYJYU are other salient factors developing the market. For instance, initiatives such as Skill India and the Digital India program are expected to benefit the market. In April 2022, the Chozuba Center of All India Computer Sakshatra Mission was formally inaugurated in the Phek district of Kohima. Such initiatives are likely to assist the expansion of the market in India.
Countries | CAGR (2023 to 2033) |
---|---|
United States | 9.7% |
United Kingdom | 9.9% |
China | 12.5% |
Japan | 12.1% |
India | 12.2% |
Key players in the global computer peripherals market include Hewlett-Packard Enterprise Canon Inc., Dell, Inc., Apple, Inc., and Seiko Epson Corporation, among others.
Recent key Developments by the Market Players are:
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 13: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Europe Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 15: Europe Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 16: Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: South Asia Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 19: South Asia Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 20: South Asia Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: East Asia Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 23: East Asia Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 24: East Asia Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Oceania Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 27: Oceania Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 28: Oceania Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 29: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: MEA Market Value (US$ Million) Forecast by Connectivity, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 32: MEA Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by End Use, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 9: Global Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 11: Global Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 17: Global Market Attractiveness by Connectivity, 2023 to 2033
Figure 18: Global Market Attractiveness by End Use, 2023 to 2033
Figure 19: Global Market Attractiveness by Product Type, 2023 to 2033
Figure 20: Global Market Attractiveness by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 22: North America Market Value (US$ Million) by End Use, 2023 to 2033
Figure 23: North America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 29: North America Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 30: North America Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 37: North America Market Attractiveness by Connectivity, 2023 to 2033
Figure 38: North America Market Attractiveness by End Use, 2023 to 2033
Figure 39: North America Market Attractiveness by Product Type, 2023 to 2033
Figure 40: North America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 42: Latin America Market Value (US$ Million) by End Use, 2023 to 2033
Figure 43: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 52: Latin America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 57: Latin America Market Attractiveness by Connectivity, 2023 to 2033
Figure 58: Latin America Market Attractiveness by End Use, 2023 to 2033
Figure 59: Latin America Market Attractiveness by Product Type, 2023 to 2033
Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 61: Europe Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) by End Use, 2023 to 2033
Figure 63: Europe Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 64: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Europe Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 69: Europe Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 70: Europe Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 71: Europe Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 72: Europe Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 73: Europe Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 75: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 76: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 77: Europe Market Attractiveness by Connectivity, 2023 to 2033
Figure 78: Europe Market Attractiveness by End Use, 2023 to 2033
Figure 79: Europe Market Attractiveness by Product Type, 2023 to 2033
Figure 80: Europe Market Attractiveness by Country, 2023 to 2033
Figure 81: South Asia Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 82: South Asia Market Value (US$ Million) by End Use, 2023 to 2033
Figure 83: South Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 84: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: South Asia Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 89: South Asia Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 91: South Asia Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 92: South Asia Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 93: South Asia Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 94: South Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 95: South Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 96: South Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 97: South Asia Market Attractiveness by Connectivity, 2023 to 2033
Figure 98: South Asia Market Attractiveness by End Use, 2023 to 2033
Figure 99: South Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 100: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 101: East Asia Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 102: East Asia Market Value (US$ Million) by End Use, 2023 to 2033
Figure 103: East Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 104: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: East Asia Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 109: East Asia Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 112: East Asia Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 113: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 114: East Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 115: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 117: East Asia Market Attractiveness by Connectivity, 2023 to 2033
Figure 118: East Asia Market Attractiveness by End Use, 2023 to 2033
Figure 119: East Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 121: Oceania Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 122: Oceania Market Value (US$ Million) by End Use, 2023 to 2033
Figure 123: Oceania Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 124: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: Oceania Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 129: Oceania Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 131: Oceania Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 132: Oceania Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 133: Oceania Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 134: Oceania Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 135: Oceania Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 136: Oceania Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 137: Oceania Market Attractiveness by Connectivity, 2023 to 2033
Figure 138: Oceania Market Attractiveness by End Use, 2023 to 2033
Figure 139: Oceania Market Attractiveness by Product Type, 2023 to 2033
Figure 140: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 141: MEA Market Value (US$ Million) by Connectivity, 2023 to 2033
Figure 142: MEA Market Value (US$ Million) by End Use, 2023 to 2033
Figure 143: MEA Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 144: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 145: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: MEA Market Value (US$ Million) Analysis by Connectivity, 2018 to 2033
Figure 149: MEA Market Value Share (%) and BPS Analysis by Connectivity, 2023 to 2033
Figure 150: MEA Market Y-o-Y Growth (%) Projections by Connectivity, 2023 to 2033
Figure 151: MEA Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 152: MEA Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 153: MEA Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 154: MEA Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 155: MEA Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 156: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 157: MEA Market Attractiveness by Connectivity, 2023 to 2033
Figure 158: MEA Market Attractiveness by End Use, 2023 to 2033
Figure 159: MEA Market Attractiveness by Product Type, 2023 to 2033
Figure 160: MEA Market Attractiveness by Country, 2023 to 2033
The presence of the most established players in the region drives the market.
Surging demand for external storage devices is the lucrative opportunity of the market.
The introduction of technologically modern products is the key trend in the market.
Rising digitalization in the education sector drives sales.
The market is forecast to register a CAGR of 10.5% through 2033.
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