At 9.7% CAGR, Asia Pacific Gaming Controller Market is Projected to be Worth US$ 2,251.01 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Asia Pacific gaming controller market was valued at US$ 1,076.88 million in 2022 and is anticipated to reach US$ 2,251.01 million by 2030, recording a CAGR of 9.7% from 2022 to 2030. Technological advancements and rise in number of professional gamers are among the critical factors attributed to drive the Asia Pacific gaming controller market growth.

Manufacturers are continuously innovating in controller technology. For instance, haptic feedback, adaptive triggers, motion sensors, and touch-sensitive surfaces are integrated into modern controllers, enhancing the gaming experience. These innovations attract consumers seeking cutting-edge technology in their gaming peripherals. One of the key advancements in game controller engineering is the enhanced precision offered to gamers. Precision is crucial in gaming as it can significantly impact gameplay and overall user experience. Advanced technologies such as haptic feedback and adaptive triggers are now being integrated into controllers to provide gamers with a more realistic touch and feel while playing. These features enable precise control over in-game actions, giving gamers a competitive edge. Haptic feedback and adaptive triggers offer enhanced precision in game controllers. Precise control over in-game actions give gamers a competitive edge. Realistic touch elevates the overall gaming experience. Also, wireless connectivity has become a standard feature in modern gaming controllers, eliminating the hassle of tangled wires. This advancement not only provides freedom of movement but also enables seamless integration with multiple gaming platforms. Many controllers utilize Bluetooth technology, allowing players to connect wirelessly to gaming consoles, mobile devices, and PCs. Wireless controllers are designed to minimize input lag and latency, ensuring a seamless gaming experience. Controllers offer extended wireless range, enabling players to immerse themselves in gameplay from a distance. Wireless connectivity has redefined how players interact with games, providing convenience and flexibility like never before. Therefore, technological advancements drive the gaming controller market.

On the contrary, increase in counterfeit controllers hampers the growth of Asia Pacific gaming controller market.

Based on product type, the Asia Pacific gaming controller market is segmented into gamepad, joystick, trackball, steering wheel, throttle quadrant, and others. The gamepad segment held 38.4% market share in 2022, amassing US$ 413.06 million. It is projected to garner US$ 960.74 million by 2030 to register 11.1% CAGR during 2022-2030.

In terms of compatibility, the Asia Pacific gaming controller market is segmented into pcs, console, and mobile. The pcs segment held 44.1% share of Asia Pacific gaming controller market in 2022, amassing US$ 474.48 million. It is anticipated to garner US$ 890.51 million by 2030 to expand at 8.2% CAGR during 2022-2030.

By connectivity, the Asia Pacific gaming controller market is divided into wired and wireless. The wired segment held 64.6% share of Asia Pacific gaming controller market in 2022, amassing US$ 696.19 million. It is projected to garner US$ 1,345.86 million by 2030 to expand at 8.6% CAGR from 2022 to 2030.

Based on distribution channel, the Asia Pacific gaming controller market is bifurcated into offline and online. The offline segment held 63.7% share of Asia Pacific gaming controller market in 2022, amassing US$ 685.96 million. It is predicted to garner US$ 1,329.64 million by 2030 to expand at 8.6% CAGR between 2022 and 2030.

By end use, the Asia Pacific gaming controller market is bifurcated into personal and commercial. The personal segment held 63.7% share of Asia Pacific gaming controller market in 2022, amassing US$ 686.24 million. It is estimated to garner US$ 1,341.80 million by 2030 to expand at 8.7% CAGR during 2022-2030.

Based on country, the Asia Pacific gaming controller market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 37.3% share of Asia Pacific gaming controller market in 2022. It was assessed at US$ 402.07 million in 2022 and is likely to hit US$ 684.67 million by 2030, registering a CAGR of 6.9% during 2022-2030.

Key players operating in the Asia Pacific gaming controller market are Guillemot Corp SA, Microsoft Corp, Logitech International SA, Corsair Gaming Inc, ACCO Brands Corp, Mad Catz Global Ltd, Sabrent, Sony Group Corp, Razer Inc, and Nintendo Co Ltd, among others.

• In February 2024, Two new USB-C cables have been released by Sabrent: the CD-C2C1/CB-C2C2 Sabrent USB-C to USB-C Cable with Smart Display and the CD-C2L1/CB-C2L2 Sabrent USB-C to Lightning Cable with Smart Display.
  
  
• In January 2024, Razer Inc announced the launch of a product line, including Razer Sensa HD Haptics, Razer Iskur V2 gaming chair, and Razer Blade laptops at Booth #15054, Central Hall at CES 2024. The company also launched various other products, such as Razer Aether Monitor Light Bar, Razer Iskur V2 Gaming Chair, Razer USB C Dock, and updates for Razer Axon. At CES 2024, it continued to remain at forefront to deliver extraordinary gaming experiences.

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