At 7.5% CAGR, North America Gaming Controller Market is Projected to be Worth US$ 1,119.66 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the North America gaming controller market was valued at US$ 628.98 million in 2022 and is anticipated to reach US$ 1,119.66 million by 2030, recording a CAGR of 7.5% from 2022 to 2030. Shift in digital and cloud gaming and emergence of new gaming platforms are among the critical factors attributed to drive the North America gaming controller market growth.

Low latency is crucial for responsive gameplay in cloud gaming, where games are streamed from remote servers. Modern controllers are designed with advanced wireless technologies to ensure a seamless gaming experience. Digital and cloud gaming services often support gaming across multiple platforms. Controllers that are compatible with various devices, including PCs, consoles, and mobile devices, are in high demand. Gamers want a single controller that can seamlessly switch between different platforms, providing flexibility and convenience. Cloud gaming platforms can have unique requirements. Controllers are being designed to integrate with these platforms, offering functionalities optimized for cloud gaming, such as quick button response and efficient data transmission. Some controllers come equipped with sensors, touch-sensitive surfaces, and haptic feedback to enhance the immersive experience in cloud gaming. Smart controller features are leveraged to complement the capabilities of cloud gaming services. Some controllers allow users to customize settings and configurations through cloud-based platforms. This ensures that personalized controller preferences are easily accessible, regardless of the device or platform being used for cloud gaming. Cloud gaming services providers partner with controller manufacturers to provide bundled offerings, encouraging users to subscribe to their services. This trend contributes to increased controller sales in association with digital gaming subscriptions. For instance, in March 2023, Ubitus K.K. and Google Cloud announced a partnership to advance the development of cloud streaming in the games industry. Under the collaboration, Ubitus chose Google Cloud as its primary cloud provider. Similarly, in March 2023, Microsoft Corp. and Boosteroid announced an agreement for 10 years to bring Xbox PC games to Boosteroid's cloud gaming platform. Hence, the shift in digital and cloud gaming is expected to significantly influence the gaming controller market, leading to the development of controllers that cater to the specific requirements and opportunities presented by the above innovative gaming platforms.

On the contrary, increase in counterfeit controllers hampers the growth of North America gaming controller market.

Based on product type, the North America gaming controller market is segmented into gamepad, joystick, trackball, steering wheel, throttle quadrant, and others. The gamepad segment held 40.0% market share in 2022, amassing US$ 251.65 million. It is projected to garner US$ 494.70 million by 2030 to register 8.8% CAGR during 2022–2030.

In terms of compatibility, the North America gaming controller market is segmented into pcs, console, and mobile. The pcs segment held 41.0% share of North America gaming controller market in 2022, amassing US$ 257.73 million. It is anticipated to garner US$ 376.87 million by 2030 to expand at 4.9% CAGR during 2022–2030.

By connectivity, the North America gaming controller market is divided into wired and wireless. The wired segment held 60.9% share of North America gaming controller market in 2022, amassing US$ 383.13 million. It is projected to garner US$ 619.16 million by 2030 to expand at 6.2% CAGR from 2022 to 2030.

Based on type of distribution channel, the North America gaming controller market is bifurcated into offline and online. The offline segment held 56.8% share of North America gaming controller market in 2022, amassing US$ 357.52 million. It is predicted to garner US$ 587.56 million by 2030 to expand at 6.4% CAGR between 2022 and 2030.

By end use, the North America gaming controller market is bifurcated into personal and commercial. The personal segment held 66.5% share of North America gaming controller market in 2022, amassing US$ 418.33 million. It is estimated to garner US$ 699.69 million by 2030 to expand at 6.6% CAGR during 2022–2030.

Based on country, the North America gaming controller market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 84.8% share of North America gaming controller market in 2022. It was assessed at US$ 533.06 million in 2022 and is likely to hit US$ 919.84 million by 2030, registering a CAGR of 7.1% during 2022–2030.

Key players operating in the North America 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 September 2023, Microsoft Corp announced the launch of its new core gamepad, codenamed Sebile, gamepad, which will be launched in May 2024. It will be available at $70, and the product is inspired by Sony’s DualSense, Valve’s Steam Controller, and Google Stadia. 
• In October 2023, Logitech G, a brand of Logitech, launched the Logitech G Adaptive Gaming Kit for the Access controller for PS5. The company partnered with Sony to deliver the new product, which is an official accessory kit. The product provides gamers with accessibility needs with an assortment of additional robust, high-performance buttons and triggers.

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