Dublin, Oct. 15, 2024 (GLOBE NEWSWIRE) -- The "North America Gaming Controller Market Forecast to 2030 - Regional Analysis by Product Type, Compatibility, Connectivity, Distribution Channel, and End use" report has been added to ResearchAndMarkets.com's offering.
The North America gaming controller market is poised for substantial growth, with projections estimating a value of US$ 1.11 billion by 2030. This forecast, indicating a Compound Annual Growth Rate (CAGR) of 7.5% from 2022 to 2030, underscores the accelerating expansion of the gaming sector in the region. Enhanced gaming experiences fueled by innovations such as virtual reality (VR) and augmented reality (AR) are anticipated to play a pivotal role in this growth, alongside the increasing popularity of gaming across various platforms like consoles, PCs, and mobile devices.
Innovations and Engagements:
Emerging cloud gaming services are reshaping the industry, with companies optimizing their gaming controllers for these platforms to offer seamless gameplay with minimal latency. Engagement in gaming activities has surged, further fueled by esports, live streaming, and competitive gaming, prompting a higher demand for performance-oriented controllers. The broadening demographics of gamers with diverse needs have also spurred the demand for gaming controllers with user-friendly and ergonomic designs.
Market Overview:
With the gaming industry making significant economic contributions and generating employment, the market for gaming controllers is equally dynamic. A myriad of initiatives by industry players, including exciting product launches and strategic partnerships, is strengthening the market presence in North America.
Market Segmentation Snapshot:
Comprehensive segmentation of the market sheds light on specific trends. For example, the gamepad segment dominated the market in product types, while PCs led in compatibility. Wired controllers currently maintain a larger market share over wireless, and personal use accounts for the bulk of end-use market share. Within the region, the US holds a commanding lead in market share compared to Canada and Mexico.
A Bright Horizon for Controllers:
Substantial investments and ground-breaking product launches reflect the industry's confidence in the North American gaming controller market's potential. The recent introduction of advanced controllers designed for both the casual gamer and the dedicated gaming enthusiast points towards a highly customizable and forward-thinking market landscape.
The transformative trends and enthusiastic market participation indicate a vibrant and lucrative future for the gaming controller industry in North America. As both technology and gaming culture evolve, so too does the stakeholder potential in this dynamic sector, promising innovative developments and heightened gaming experiences for enthusiasts and casual players alike.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 124 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $628.98 Million |
| Forecasted Market Value (USD) by 2030 | $1110 Million |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | North America |
Some of the leading companies in the North America Gaming Controller market include:
- Guillemot Corp SA.
- Microsoft Corp.
- Logitech International SA.
- Corsair Gaming Inc.
- ACCO Brands Corp.
- Mad Catz Global Ltd.
- Sabrent.
- Sony Group Corp.
- Razer Inc.
- Nintendo Co Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/hux5mm
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