Gaming keyboard market is anticipated to grow at a considerable CAGR of 10.9% during the forecast period (2024-2031). A gaming keyboard is a small, auxiliary keyboard designed only for gaming. It has a limited number of the original keys from a standard keyboard, and they are arranged in a more ergonomic fashion to facilitate quick and efficient gaming key presses.

Market Dynamics

Improved Battery Life and Connectivity of Wireless Keyboard

Earlier concerns regarding wireless keyboards, such as limited battery life and latency issues, have been significantly addressed with advancements in technology. Modern wireless keyboards boast long battery life, often lasting for days or even weeks on a single charge. Additionally, advancements in wireless connectivity protocols have minimized latency to near-imperceptible levels, ensuring uncompromised performance for competitive gamers thus driving the global market growth.

Advancement in Gaming Keyboard to Promote Gaming Experience

Growing Gaming industry 

The gaming industry thrives on cutting-edge technologies. The rise of powerful graphics processing units (GPUs) and central processing units (CPUs) allows for the development of visually stunning and immersive games with intricate details and lifelike characters. Additionally, advancements in virtual reality (VR) and augmented reality (AR) are creating new frontiers in gaming, offering players a more interactive and engaging experience that blurs the lines between the virtual and real worlds. For instance,in February 2024, At the Mobile World Congress in Barcelona, Oppo unveiled the Oppo Air Glass 3, a prototype pair of augmented reality (AR) glasses featuring a voice assistant. According to Oppo, the voice assistant on its most recent AR glasses is driven by AndesGPT, the company's own large language model (LLM). Gaming keyboards have carved a distinct niche in the gaming landscape, offering several advantages that make them a preferred choice for gaming machines over regular computers, TV consoles, and other devices. Growing gaming industry is thus driving the demand for gaming keyboards.

Market Segmentation

Our in-depth analysis of the global gaming keyboard market includes the following segments by type and by application:

• Based on type, the market is sub-segmented into wired and wireless. 

• Based on application the market is augmented into computer, T.V, gaming machines and other.

Wirelesss Keyboard to Exhibit Considerable Market Growth

The gaming keyboard market has witnessed a surge in the popularity of wireless options, driven primarily by the increasing demand for convenience and clutter-free setups. This shift reflects the evolving preferences of gamers who prioritize a clean and organized gaming environment.

Traditional wired keyboards, while offering reliable connectivity, can contribute to cable clutter, hindering desk organization and potentially impacting gameplay through accidental cable snags. Wireless keyboards address this concern by eliminating the need for physical cables, contributing to a more streamlined and aesthetically appealing setup. This resonates with gamers who value a clean and organized environment for optimal focus during play.

Gaming Machines Holds a Considerable Market Share

The gaming machines holds major share in the global gaming keyboard market. In gaming machine, gaming keyboards boast superior performance features like faster response times, anti-ghosting technology, and N-key rollover. These features, often absent in standard keyboards, translate to quicker in-game reactions, improved accuracy, and the ability to execute complex actions with ease. Additionally, programmable macro keys allow gamers to streamline gameplay by assigning intricate commands to single keys, offering a competitive edge. Dedicated media controls further enhance the experience by allowing for quick adjustments without interrupting gameplay.

Regional Outlook

The global gaming keyboard market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). 

North America: A Leader in the Gaming Keyboard Market

• North America has a long history of embracing video games and competitive gaming (e-sports). This ingrained interest fuels demand for specialized gaming peripherals like keyboards.

• Increasing demand of Ecommerce in US boosting sales of computer peripherals. According to Census.gov The projected total e-commerce sales for 2023 were $1,118.7 billion, up 7.6% (±1.2%) from 2022. In 2022, sales from e-commerce were up 14.7 percent of overall sales.

Global Gaming Keyboard Market Growth by Region 2024-2031

Asia-Pacific to Exhibit Considerable Growth

The Asia-Pacific region is witnessing a rapid surge in the gaming keyboard market, fueled by several key factors. The region boasts a burgeoning gaming culture with the largest online gaming population globally. This massive player base, coupled with the rising popularity of e-sports and its viewership, fuels the demand for high-performance equipment like gaming keyboards, mirroring the setups used by professional gamers. For instance, in August 2023 Glorious Gaming launches in Indiapoised to transform the nation's gaming accessory industry Leading lifestyle gaming firm Glorious Gaming, based in the USA, has officially entered the Indian market with the goal of taking gamers' gaming experiences to previously unheard-of heights with their professional-grade, high-end gaming equipment. By introducing Gaming Keyboards, Mice, Mousepads, and other peripherals that combine performance, quality, and design at reasonable costs, the firm hopes to redefine the gaming hardware industry. 

Market Players Outlook

*Note: Major Players Sorted in No Particular Order.

The major companies serving the global gaming keyboard market include ASUSTeK COMPUTER INC., HP Inc., Lenovo Group Ltd, Logitech International SA, Microsoft Corp and Micro-Star INT'L CO., LTDamong others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in January 2024, ASUS LAUNCH The ROG Falchion RX Low Profile gaming keyboard. This 65% keyboard was chosen as a 2024 CES Innovation Award recipient and was recently unveiled at CES 2024. With a remarkably thin 26.5 mm profile, it skillfully integrates navigation and arrow keys into a small 60% frame.Equipped with pre-lubed ROG RX Red or Blue Low-profile Optical Switches that have centralized lighting and consistently deliver wobble-free keystrokes with almost no debounce delay, the Falchion RX Low Profile is ready for action.

The Report Covers

• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the globalGaming Keyboardmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.