Omdia: Gaming Accessories market reached $10.1B in 2023
The record of 2021 has been broken.
The company forecasts that the market will grow to $11.8 billion by 2029.
Spending on gaming accessories in 2023 surpassed the pandemic peak levels of 2021.
In 2023, 44.3% of this spending was on game controllers. User spending on headphones and keyboards in 2023 exceeded $1 billion.
Omdia analysts expect that by 2029, the strongest growth will be in the categories of specialized gaming accessories such as chairs, steering wheels, and joysticks.
Omdia analysts note that the demand elasticity for gaming peripherals is higher than for games. For example, the DualSense Edge shows excellent sales despite its high cost.
Omdia predicts that by 2029, Sony will earn more than $2 billion annually from game controllers. This is influenced by both the popularity of the Japanese company's consoles and the growing popularity of DualSense on PC. Meanwhile, Xbox controllers are the most popular on Steam, accounting for 59% of all sessions.