The global mouse market reached a value of nearly $2,166.62 million in 2021, having grown at a compound annual growth rate (CAGR) of 10.11% since 2016. The market is expected to grow from $2,166.62 million in 2021 to $3,179.42 million in 2026 at a rate of 8.0%. The market is then expected to grow at a CAGR of 6.16% from 2026 and reach $4,287.63 million in 2031.
Growth in the historic period resulted from growth in number of video gamers, rising demand for smart computing devices such as PCs and laptops, growth in the millennial population and a rise in disposable income. The market was restrained by the emergence of touchscreen devices and coronavirus pandemic.
Going forward, growth in remote working, an increase in employment in the information technology sector, growing demand for ergonomic mouse, increasing investments, urbanization and an increase in internet penetration will drive market growth. Factors that could hinder the growth of the mouse market in the future include rising interest rates and restrictions on free trade.
The mouse market is segmented by product type into wired and wireless. The wired market was the largest segment of the mouse market segmented by product type, accounting for 78.98% of the total in 2021. Going forward, the wireless segment is expected to be the fastest growing segment in the mouse market segmented by product type, at a CAGR of 9.38% during 2021-2026.
The mouse market is segmented by distribution channel into specialty stores, online stores, and other channels. The specialty stores market was the largest segment of the mouse market segmented by distribution channel, accounting for 49.4% of the total in 2021. Going forward, the online stores segment is expected to be the fastest growing segment in the mouse market segmented by distribution channel, at a CAGR of 12.1% during 2021-2026.
The mouse market is segmented by end-use into residential and commercial. The commercial market was the largest segment of the mouse market segmented by end-use, accounting for 67.7% of the total in 2021. Going forward, the residential segment is expected to be the fastest growing segment in the mouse market segmented by end-use, at a CAGR of 8.8% during 2021-2026.
Asia Pacific was the largest region in the mouse market, accounting for 38.8% of the total in 2021. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the mouse market will be Asia Pacific, and, North America where growth will be at CAGRs of 8.8% and 8.0% respectively. These will be followed by Western Europe, and, South America where the markets are expected to grow at CAGRs of 7.5% and 6.5% respectively.
The global mouse market is highly consolidated with small number of large players dominating the market. The top ten competitors in the market made up to 91.84% of the total market in 2021. Logitech International SA was the largest competitor with 38.38% share of the market, followed by Microsoft Corp with 11.23%, HP, Inc with 9.49%, Apple Inc with 8.50%, Dell Technologies Inc with 7.09%, Razer Inc with 6.51%, ASUS with 4.92%, Samsung Group with 2.29%, Lenovo Group Ltd with 1.93%, and Corsair with 1.49%.
The top opportunities in the mouse market segmented by product type will arise in the wired market segment, which will gain $755.3 million of global annual sales by 2026. The top opportunities in the mouse market segmented by distribution channel will arise in the specialty stores market segment, which will gain $456.1 million of global annual sales by 2026. The top opportunities in the mouse market segmented by end-use will arise in the commercial market segment, which will gain $647.0 million of global annual sales by 2026. The mouse market size will gain the most in the USA at $376.9 million.
Market-trend-based strategies for the mouse market include focus eco-friendly mouse, focus on voice-enabled mouse, focus on ergonomic mouse, focus on product innovations, focus on advanced gaming mouse and focus on introducing biometric mouse.
Player-adopted strategies in the mouse market include introduction of new products, improving products through strategic product redesign, and improving gaming experience through the introduction of new peripherals.
To take advantage of the opportunities, the publisher recommends the mouse companies to focus on voice-enabled mouse, develop ergonomic design, focus on product innovations, focus on advanced gaming mouse, develop eco-friendly mouse, expand in emerging markets, continue to focus on developed countries, offer competitive pricing, continue to participate in trade shows and events, focus more on direct-to-consumer (DTC) advertising, leverage social media, continue to use B2B promotions, increase focus on online customers, increase focus on information technology (IT) companies and target corporate sector focusing on work from home.
What is the estimated value of the Global Mouse Market?
What is the growth rate of the Global Mouse Market?
What is the forecasted size of the Global Mouse Market?
Who are the key companies in the Global Mouse Market?
Report Attribute | Details |
---|---|
No. of Pages | 253 |
Published | November 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD
| USD 2166.62 Million |
Forecasted Market Value ( USD
| USD 4287.63 Million |
Compound Annual Growth Rate | 7.1% |
Regions Covered | Global |
Table of Contents
Executive Summary
Mouse Global Market Opportunities And Strategies To 2031 from the publisher provides the strategists; marketers and senior management with the critical information they need to assess the global mouse market as it emerges from the COVID-19 shut down.
Reasons to Purchase
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Description:
Where is the largest and fastest-growing market for mouse? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The mouse market global report from the publisher answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider mouse market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the mouse market
- Key Trends - Highlights the major trends shaping the global mouse market. This section also highlights likely future developments in the market
- Global Market Size and Growth_ Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods
- Regional Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region
- Market Segmentation- Contains the market values (2016-2031) and analysis for segmentation by product type, by distribution channel, and by end-use in the market
- Regional Market Size and Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026) and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years
- Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets
- Conclusions And Recommendations - Includes recommendations for mouse providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currency codes used in this report
Scope
Markets Covered:
- 1) By Product Type: Wired; Wireless
- 2) By Distribution Channel: Specialty Stores; Online Stores; Other Channels
- 3) By End-Use: Residential; Commercial
Companies Mentioned: Logitech International SA; Microsoft Corp; HP Inc.; Apple Inc.; Dell Technologies Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; mouse indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Logitech International SA
- Microsoft Corp
- HP Inc.
- Apple Inc.
- Dell Technologies Inc.
Methodology
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