Global Input Device Market Size By Type (Keypad, Mouse, Joy Stick, Light Pen), By Application (Banking Financial Services and Insurance (BFSI) and IT and Telecommunication), By Geographic Scope And Forecast

Input Device Market Size And Forecast

Input Device Market size is expected to grow at a CAGR of 6.16% during the forecasted period i.e. 2024-2031.

Increasing demand for PCs, especially during the pandemic, by working professionals, students, and gamers has increased demand is one of the major factors that has boomed the sale of computers in the coming years, eventually creating demand for Input Device. The Global Input Device Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Input Device Market Definition

An input device is an electrochemical device that allows a user to feed data and instructions into a computer for analysis, storage, and command. An input device is used to enter data and instructions into the computer’s main memory. The keyboard and mouse are the most commonly used or primary input devices on a computer. Some of the Input Device include keypad, mouse, joy stick, light pen, track ball, among others.

There are a number of different input devices available for computers. The keyboard and mouse are the most common and widely used input device. Input devices act as an interface between the user and the computer.

Keyboard is an input device that sends data into the computer. The data send depends on the key pressed by the user. Although there are some additional keys for performing additional functions, the keyboard layout is similar to that of a traditional typewriter. For Windows and the Internet, keyboards come in two sizes84 keys or 101/102 keys, but now keyboards with 104 keys or 108 keys are also available. The types of keyboards are connected with USB cords or Bluetooth devices.

Mouse is another popular pointing device. It is a small handheld input device. It moves and can select text, files, folders, among others. It is used to control the position of the cursor; however, it is not used to enter text on the computer.

Joystick is another cursor-control input device, which is used in video games. A light pen is a type of pointing device that looks like a pen. It can be used to select a menu item or to draw on the monitor screen. A track ball is an input device that is commonly used instead of a mouse in notebook or laptop computers.

Global Input Device Market Overview

Input devices are important because they enable the user to interact with and add new information to a computer. What an input device sends to a computer (inputs) depends on the device. Moreover, all input devices transmit data to the computer via a cable or wireless transmission. It is capable of converting raw data into a computer-readable format or language and then delivering the translated data to the Central Processing Unit (CPU) for further processing. Keyboard devices, point and draw devices, speech devices, and recognition devices are some of the different types of input devices.

Personal computers witnessed its first big growth in a decade during 2020, as the pandemic forced people to work and learn from home. Companies such as Lenovo, HP, Dell, Apple, Asus, and Acer, shipped record units in 2021. A remarkable observation was that the otherwise electronic product whose sales were declining since past few years, as a result of smartphone penetration, received highest-volume product in the electronics business.

Lockdowns and a rise in remote work, are the prime factors contributing to the growth of the business. Several households purchased laptops and PCs for schoolchildren as they switched to virtual learning while companies purchased them in huge numbers for their employees owing to remote working. Supply chains were also impacted as the demand were high, exceeding the supply.

As workers scrambled to set up their home offices for remote working in the wake of the COVID-19 coronavirus outbreak, sales of monitors, keyboards, and mouse had increased. Thus, demand for input devices has particularly increased during the pandemic.

Global Input Device MarketSegmentation Analysis

The Input Device Market is segmented on the basis of Type, Application, and Geography.

Input Device Market, By Type

• Keypad• Mouse• Joy Stick• Light pen• Track Ball

Based on type, the Global Input Device Market is segmented into keypad, mouse, joy stick, light pen, and track ball. The keyboard segment is expected to account for the largest share. Keyboards are used both in PCs and laptops.

Input Device Market, By Application

• Banking Financial Services and Insurance (BFSI)• IT and Telecommunication

Based on application, the Global Input Device Market is segmented into Banking Financial Services and Insurance (BFSI) and IT and Telecommunication. The IT and Telecommunication segment is expected to account for a larger share as large number of computers are used in the IT industry as many IT companies have computers on their premises.

Input Device Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of regional analysis, the Input Device Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The Asia Pacific region is expected to be the fastest growing owing to increasing use of PCs. Countries such as India are the hub of IT industry and hence demand for PCs is increasing. Moreover, the pandemic has further pushed the sales of computers as students switched to online learning. Also, working professionals switched to work from home, which also increased the demand for PCs, eventually increasing demand for input devices.

Key Players

The “Global Input Device Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are IKEY, Interlink Electronics, KYE Systems, MGR Industries, NaturalPoint, Qumax, Smart Technologies.

Our market analysis also includes a section that is completely dedicated to such significant players, in which our analysts provide an insight into the financial statements of all of the main firms, as well as product benchmarking and SWOT analysis for each business. Important growth strategies, market share, and market ranking analyses of the above-mentioned companies on a global scale are also included in the competitive landscape part of this report.

Key Developments

• In January 2022, Logitech launched new POP keyboards and mice designed to appeal to gen Z.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly Get in touch with our.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.