Market revenue in 2022 | USD 3,224.6 million |
Market revenue in 2030 | USD 4,716.0 million |
Growth rate | 4.9% (CAGR from 2022 to 2030) |
Largest segment | Electronic |
Fastest growing segment | Non-electronic |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 64.28% in 2022. Horizon Databook has segmented the Middle East & Africa laptop accessories market based on electronic, non-electronic covering the revenue growth of each sub-segment from 2017 to 2030.
As the Middle East and Africa transition from a cash-driven economy to a digital one coupled with a young, dynamic, and rapidly growing population, the region is attracting significant attention. However, this region has the lowest internet penetration compared to other regions.
The Internet World Stats recorded 183,212 million internet users in the Middle East. With the increase in the corporate world and commercial office spaces in the region, there has been a simultaneous increase in laptop adoption rates. This further leads to an increase in the sales of laptop accessories.
As per the demand in the region, the major players in the laptop accessories market are offering their products through the company’s e-commerce website or other initiatives. For instance, in October 2021, Dell Technologies announced that Dell technologies APEX Flex on Demand would be made available in UAE and Saudi Arabia.
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