Top 5 Emerging Trends Impacting the Global IT Peripherals Market until 2020: Technavio

LONDON--()--The latest Technavio report on the global IT peripherals market provides an analysis on the key trends expected to impact the market’s outlook through 2020. Technavio’s category spend intelligence researchers define an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

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Some of the trends expected to impact the global IT peripherals market are as follows:

  • Increasing preference for wireless peripherals
  • Growing adoption of ergonomically designed touch keyboards
  • Preference for peripherals that are compatible across multiple systems
  • Increasing preference for smaller devices
  • Shift from pointing devices to touchscreens

Increasing preference for wireless peripherals

Wireless IT peripherals, such as keyboards, mouse devices, and headsets are gaining importance, as they offer a hassle free and comfortable experience to end-users,” says Angad Singh, a procurement intelligence specialist at Technavio.

For instance, customers are increasingly preferring to use wireless keyboards and mice due to the convenience they provide. According to the market intelligence researchers, the market for wireless mice is anticipated to grow at a CAGR of 3% through 2020.

Growing adoption of ergonomically designed touch keyboards

Consumers are constantly on the lookout for products that are portable and are convenient to use. As a result, they prefer ergonomic keyboards with built-in touch capabilities, as they reduce muscular stress, eliminate the need for mice, and are portable. In 2014, ergonomic and wireless keyboards accounted for 18% of the market, and this is expected to increase by 10.3% Y-o-Y.

Preference for peripherals that are compatible across multiple systems

Users prefer peripherals that are compatible with multiple devices, as most of them own two to three computing devices on an average. For example, easy-switch keyboards developed by Logitech can display compatibility with a range of devices, including TVs and tablets.

Increasing preference for smaller devices

There is an increase in demand for smaller and portable devices because of better ergonomics and ease of use provided by them. Suppliers are increasingly focusing on producing these devices to capitalize on this growing trend.

For example, suppliers such as JBL and Logitech have come up with button-sized speakers enabled with Bluetooth technology. The market for these portable speakers is estimated to grow at a CAGR of close to 39% through 2019.

Shift from pointing devices to touchscreens

Touchscreens are expected to take over from point and track devices over the next decade. However, organizations might be slow adopters of touchscreen PCs owing to the high costs involved in migrating from traditional PCs to touchscreens. As per the report, more than 50% of the PCs purchased globally are estimated to be touchscreens.

Top five suppliers in the global IT peripherals market:

  • Apple
  • Samsung
  • Hewlett Packard
  • Dell
  • Logitech International

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

The latest Technavio report on the global IT peripherals market provides an analysis on the key trends expected to impact the market’s outlook through 2020.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com