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What Is the Expected CAGR for the Laptop Accessories Market Through 2025?_x000D_
In recent times, the market size for laptop accessories has experienced significant growth. It is projected to escalate from $41.57 billion in 2024 to reach $44.3 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%. The historical growth trend can be traced back to an uptick in remote work, a burgeoning demand for electronic gadgets’ add-ons, a surge in the preference for light and movable laptop accessories, and the amplified use of online shopping platforms._x000D_
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What’s the Projected Size of the Global Laptop Accessories Market by 2029?_x000D_
It is anticipated that the laptop accessories market will witness robust growth in the coming years, escalating to a value of $56.32 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 6.2%. This growth within the prediction period can be credited to rising laptop demand, an expanded number of corporate workplaces, higher laptop shipments, the steep rise in urban growth, a heightened appetite for productivity-centered accessories, and the burgeoning appeal of e-sports. Key trends expected during this projected period embrace innovations in wireless technology, symbiosis with particular laptop models, cutting-edge advancements in technology, progression in laptop-oriented technology, and the incorporation of sophisticated connectivity attributes._x000D_
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Top Growth Drivers in the Laptop Accessories Industry: What’s Accelerating the Market? _x000D_
The laptop accessories market is projected to thrive due to the rising trend of remote work. This flexible arrangement allows workers to fulfill their responsibilities from sites other than a standard office, utilizing digital systems to maintain communication and collaboration. The growth of remote work can be traced to improvements in digital communication platforms and a growing employee preference for an improved work-life equilibrium. Laptop accessories elevate the remote work experience by enhancing ergonomics, connection, and communication, thus boosting both productivity and comfort. As an example, the Office for National Statistics, a UK government body, reported in February 2023, that approximately 38% of working adults in Great Britain have been working from home in 2022, a figure expected to increase to around 40% in 2023. As such, the rising inclination towards remote work has proven to be a key driver for the expansion of the laptop accessories market._x000D_
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What Trends Will Shape the Laptop Accessories Market Through 2029 and Beyond?_x000D_
Major players in the laptop accessories sector are focusing their efforts on product diversification through the creation of technologically advanced accessories, like gaming laptop attachments, in response to the increasing call for improved gaming experiences. These gaming laptop attachments are custom-made products aims to enhance your gaming sessions by bolstering your laptop’s performance, comfortableness, and captivation. For example, in April 2024, Hewlett Packard Inc., a worldwide information technology enterprise based in the US, inaugurated its Omen 17 gaming laptop and various HyperX attachments to grow its gaming range. The recent HyperX device encompasses the Pulsefire Haste 2 Core Wireless Gaming Mouse, which only weighs 70 grams, powered by a single AAA battery, providing over 100 hours of battery continuity in 2.4GHz mode and possibly more in Bluetooth mode. This comes with a robust 12,000 DPI HyperX Custom Core Sensor and durable TTC Gold Switches that can sustain up to 20 million clicks. It also includes Cloud Mix Buds 2 Wireless Earbuds, purposely made for gaming and incorporates ultra-low latency via a dongle or Bluetooth 5.3 with LE Audio. The earbuds provide Active Noise Cancellation (ANC) to eliminate disturbances during a gaming session._x000D_
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What Are the Main Segments in the Laptop Accessories Market?_x000D_
The laptop accessoriesmarket covered in this report is segmented – _x000D_
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1) By Type: Electronic, Non-Electronic_x000D_
2) By Price: Low, Medium, High_x000D_
3) By Distribution Channel: Online, Offline_x000D_
4) By End Use: Commercial, Personal_x000D_
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Subsegment:_x000D_
1) By Electronic: Laptop Chargers and Adapters, External Hard Drives and SSDs, Laptop Cooling Pads, USB Hubs and Docking Stations, External Keyboards and Mice _x000D_
2) By Non-Electronic: Laptop Bags and Cases, Screen Protectors, Laptop Stands, Cleaning Kits, Cable Organizers _x000D_
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Which Top Companies are Driving Growth in the Laptop Accessories Market?_x000D_
Major companies operating in the laptop accessories market are Apple Inc., Samsung Electronics Co Ltd., Microsoft Corporation, Dell Technologies Inc., Sony Group Corporation, Lenovo Group Limited, Intel Corporation, HP Inc., Toshiba Corporation, Eaton Corporation plc, Western Digital Corporation, ASUSTeK Computer Inc., Acer Inc., Logitech International S.A., SanDisk Corporation, Corsair Gaming Inc., Hama GmbH And Co KG, Razer Inc., Cooler Master Co Ltd., Belkin International Inc., Kensington Computer Products Group, Targus Group International Inc., Kingston Technology Company Inc., Zebronics, SteelSeries ApS _x000D_
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Which Regions Will Dominate the Laptop Accessories Market Through 2029?_x000D_
Asia-Pacific was the largest region in the laptop accessories market in 2024. The regions covered in the laptop accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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