Computer Peripheral Manufacturing in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)| IBISWorld (2024)

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Computer Peripheral Manufacturing in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)| IBISWorld? ›

Computer Peripheral Manufacturing in the US market size (2024-2029) Industry revenue has declined at a CAGR of 3.3% over the past five years, to reach an estimated $11.5bn in 2024.

Global PC Peripherals Market Insights

PC Peripherals Market size was valued at USD 6159.67 million in 2019 and is poised to grow from USD 7203.8 million in 2023 to USD 14396.4 million by 2031, growing at a CAGR of 9.9% in the forecast period (2024-2031).

Excerpt from Computer Peripheral Equipment Manufacturing Industry Profile. Companies in this industry manufacture computer printers, monitors, keyboards, mice, and webcams, as well as ATMs, self-service kiosks, point-of-sale terminals, and biometric readers.

The market size, measured by revenue, of the Computer Manufacturing industry was $10.7bn in 2023. What was the growth rate of the Computer Manufacturing industry in the US in 2023?

PC Market Analysis

The PC Market size is estimated at USD 204.07 billion in 2024, and is expected to reach USD 315.42 billion by 2029, growing at a CAGR of 9.10% during the forecast period (2024-2029).

The global Computer Peripherals market size was valued at USD 12349.8 million in 2022 and is expected to expand at a CAGR of 8.55% during the forecast period, reaching USD 20200.91 million by 2028. A computer peripheral is any external device that provides input and output for the computer.

What are some common computer peripherals? There are three kinds of peripherals: input, input/output, and output devices. Some common computer peripherals include keyboards, mice, tablet pens, joysticks, scanners, monitors, speakers, printers, external hard drives, and media card readers.

Peripheral devices are those devices that connect to the core computing unit. Four examples of peripheral devices are monitors, mice, keyboards, and printers.

Peripherals are commonly divided into three kinds: input devices, output devices, and storage devices (which partake of the characteristics of the first two). An input device converts incoming data and instructions into a pattern of electrical signals in binary code that are comprehensible to a digital computer.

The market leaders in the U.S. PC market are HP and Dell, with the two companies occupying a combined share of more than 50 percent of the market, while Lenovo and Apple sit third and fourth, respectively.

What country does the US import the most computers from? ›

United States imports Computers primarily from: China ($51.9B), Mexico ($36.8B), Chinese Taipei ($10B), Vietnam ($2.58B), and Malaysia ($1.32B). The fastest growing import markets in Computers for United States between 2021 and 2022 were Mexico ($8.63B), Chinese Taipei ($2.41B), and Germany ($311M).

Companies in this industry manufacture and assemble personal computers, laptops and servers. Operators typically purchase computer components such as motherboards and graphics cards from dedicated manufacturers in other industries, such as the Semiconductor and Circuit Manufacturing industry (IBISWorld report 33441a).

The concept of Big Tech is similar to the grouping of dominant companies in other sectors. It generally includes the Big Five tech companies in the United States: Alphabet (Google), Amazon, Apple, Meta, and Microsoft.

Asia-Pacific was the largest region in the computers market in 2023. North America was the second largest region in computers market. The regions covered in the computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Market Definition

The Desktop as a Service (DaaS) Market was valued at USD 4.42 billion in 2021 and is predicted to reach USD 29.82 billion by 2030 with a CAGR of 23.9% from 2022-2030.

The overall market leader in the global personal computer market in 2023 was Lenovo with a market share of 24.7 percent with HP Inc. in at second with a 21.9 percent share. In terms of unit shipments, Lenovo recorded 59.7 million, while HP Inc. had around 52.9 million.

CPU Market Size was valued at USD 50.59 Billion in 2023 and is expected to reach USD 100.16 Billion by the end of 2030 with a CAGR of 10.5% During the Forecast Period 2023-2030.