Market Overview:
Computer keyboards come in different connectivity types such as wired and wireless. Wireless keyboards provide mobility and flexibility as it allows users to operate from a distance without tangling of wires. Wireless keyboards are more popular for living rooms and home theatre setups. Wireless is the fastest growing technology segment owing to the convenience offered.
The global Computer Keyboards Market is estimated to be valued at US$ 5.08 Bn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the Global Computer Keyboards Market Size is the growing popularity of ergonomic keyboards. Extensive usage of computers can lead to development of musculoskeletal disorders such as carpal tunnel syndrome. Ergonomic keyboards are designed to prevent such disorders and provide comfort during long usage. Features such as split, curved and vertical key arrangements in ergonomic keyboards help maintain natural hand and finger positions. Manufacturers are focusing on ergonomic innovations to cater to the health and safety needs of consumers.
SWOT Analysis
Strength: Computer keyboards offer an efficient and effective way to interact with computers. They are widely used across various industries such as IT, healthcare, education, banking, etc.
Weakness: Mechanical keyboards tend to be noisy which can disrupt coworkers in office environments. Keyboard designs are standardized which limits customization options.
Opportunity: Growth of remote working culture and digitalization of work processes is increasing the demand for wireless and portable keyboards. Development of ergonomic keyboards catering to health issues like carpal tunnel syndrome.
Threats: Increasing popularity of touchscreen devices is reducing reliance on conventional keyboards. Low-cost alternatives available from local manufacturers impacts profit margins of established brands.
Key Takeaways
The Global Computer Keyboards Market Size is expected to witness high growth, exhibiting CAGR of 3.9% over the forecast period, due to increasing digitalization of work processes and remote working trend amid COVID-19 pandemic. Various industries are automating tasks and migrating more work online which is driving the need for reliable input devices like computer keyboards.
Regional analysis – North America dominates the global computer keyboards market currently due to high technology adoption rates and presence of major keyboard manufacturers in the region. Asia Pacific is expected to witness fastest growth due to rising number of online users and growing demand from China and India. Countries like Brazil and South Africa are also projecting high demand for computer keyboards.
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 and Microsoft have leading market shares due to their robust product portfolios and global distribution networks. Other players are focusing on developing innovative form factors and customizable options to strengthen their positions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
