Market revenue in 2022 | USD 7,703.1 million |
Market revenue in 2030 | USD 12,880.6 million |
Growth rate | 6.6% (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 72.71% in 2022. Horizon Databook has segmented the U.S. laptop accessories market based on electronic, non-electronic covering the revenue growth of each sub-segment from 2017 to 2030.
Rising laptop ownership among consumers in the U.S. is likely to favor the demand for laptop accessories, thus propelling market growth. For instance, according to a combined survey conducted by U.S. Census Bureau and American Community Survey (ACS) in April 2021, around 79% of households owned a laptop or desktop in the U.S.
Additionally, the growing number of high disposable income consumers in the U.S. is responsible for the increase in product consumption as they tend to spend more on luxurious products including laptops and their accessories. For instance, according to data published by the Millionaire Foundry in June 2021.
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