Market revenue in 2022 | USD 1,313.4 million |
Market revenue in 2030 | USD 2,148.9 million |
Growth rate | 6.3% (CAGR from 2022 to 2030) |
Largest segment | Electronic |
Fastest growing segment | Non-electronic |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Electronic, Non-electronic |
Key market players worldwide | Logitech International SA, Western Digital Corp, HP Inc, Asustek Computer Inc GDR, Dell Technologies Inc Ordinary Shares - Class C, Seagate Technology Holdings PLC, Microsoft Corp, Gigabyte Technology, Hama, Kingston |
Electronic was the largest segment with a revenue share of 69.63% in 2022. Horizon Databook has segmented the Germany laptop accessories market based on electronic, non-electronic covering the revenue growth of each sub-segment from 2017 to 2030.
Home offices and hybrid working due to COVID-19 increased the demand for laptops across Germany, particularly in 2020. This boosted the market for laptops and various associated accessories. Today, this demand has continued to remain steady, with players around the world focusing on various strategies like portfolio and geographical expansions, partnerships, and mergers & acquisitions to capitalize on this demand and strengthen their foothold in the German market.
For instance, in November 2022, OMOTON, a leading designer and manufacturer of electronic and mobile phone accessories, expanded its inventory for the holiday season with the launch of various products like laptop stands, wireless keyboards, mouse sets, and screen protectors.
These products are available for delivery through Amazon across Germany, in addition to the U.K., the U.S., Italy, Spain, and France. Such offerings are expected to propel the laptop accessories market over the forecast period.
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