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The growing popularity of mechanical keyboards is anticipated to openup the new avanue for Computer Keyboards Market

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Purvaja
The growing popularity of mechanical keyboards is anticipated to openup the new avanue for Computer Keyboards Market

Market Overview:

Computer keyboards are input devices used to enter typing information into electronic devices such as computers, word processors, desktop publishing systems, photocopiers, and information kiosks. Key types of computer keyboards include basic keyboards known as membrane keyboards which are found primarily on low-cost systems, scissor-switch keyboards which provide tactile feedback, and mechanical keyboards which offer durability and tactile feel. With innovation in technologies, various types of ergonomic, compact, portable, specialized, and customizable keyboards are available in the market.

Market Dynamics:

One of the key drivers for the computer keyboards market is the growing popularity of ergonomic and posture-friendly keyboards. Prolonged usage of regular keyboards puts immense strain on the wrists of users and may cause long term health issues such as Carpal Tunnel Syndrome. Hence, ergonomic keyboards that promote neutral and natural wrist and finger positioning are gaining increased acceptance. In addition, the entry of mechanical keyboards integrated with advanced features such as adjustable actuation points, customizable keycaps and switches, N-key rollover, and RGB backlighting is also contributing to the market growth. These keyboards offer an enhanced tactile and auditory typing experience compared to regular keyboards.

Segment Analysis

The global Computer Keyboards Market Demand is divided into five key segments - membrane keyboards, scissor switch keyboards, mechanical keyboards, top membrane keyboards and other keyboards. The mechanical keyboards segment currently dominates the market, accounting for over 35% of the total share. Mechanical keyboards are more durable and offer better tactile feedback compared to other types of keyboards. This has resulted in their increased preference among gamers and professionals who require high levels of accuracy.

PEST Analysis

Political: There are no significant political risks affecting the computer keyboards market at present.

Economic: The growth of the global computer keyboards market is driven by the rising disposable incomes and growth of the IT industry in developing countries. High internet penetration is also fueling the demand for computer keyboards.

Social: Young population is increasingly adopting computer keyboards for gaming and other entertainment activities on computers which is propelling market growth.

Technological: Innovation in keyboard switch types is leading to enhanced functionality and better tactile experience. Wireless and ergonomic keyboards are gaining traction.

Key Takeaways

The global computer keyboards market is expected to witness high growth, exhibiting CAGR of 3.9% over the forecast period, due to increasing penetration of computers across industries and households. The market size for computer keyboards is projected to reach US$ 7.21 Bn by 2030 from US$ 5.08 Bn in 2023.

Regional analysis: North America is expected to dominate the global computer keyboards market over the forecast period. This can be attributed to high disposable income and concentration of major players in the region. Asia Pacific is anticipated to exhibit the fastest growth owing to growing IT industry in India and China.

Key players: Key players operating in the computer keyboards market are Logitech International SA, Microsoft Corporation, Datadesk Technologies, Inc., Fentek Industries Inc., Adesso AG, Shenzhen V4 Electronic Co., Ltd., Fellowes Limited, Kinesis Corporation, Gold Touch Enterprise Inc., and Posturite UK Ltd. Logitech International SA held the largest market share of over 15% in 2023 owing to its wide distribution network and innovative product portfolio.

Read More:

https://www.marketwebjournal.com/computer-keyboards-market-is-estimated-to-witness-high-growth/

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