Saturday January 21, 2017

PC Gaming Hardware Market Mints Billions, Exceeds $30 Billion

For the first time ever, the PC gaming hardware market has exceeded $30 billion, which is pretty damn impressive. The approach of this research firm provides quite a bit of interesting insight, as data on all three major hardware segments (mainstream, performance, enthusiast) is provided. What we can learn is that there is particular growth in the mid-range and high-end pool, and that PC sales owe a ton to gaming these days.

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Comprised of pre and DIY built gaming computers, upgrades, and accessories such as input devices and audio/communication systems, the market exceeded $30 billion in 2016 and is forecast to grow at a 6% CAGR (compound annual growth rate) through 2019. Due of an entrenched PC gaming culture, large population, and a lack of significant console traction, the Asia Pacific Region is noted as leading the world in both growth and market size with a forecasted 7% CAGR to 2019 from a TAM (total addressable market) of almost $11.3 billion in 2016. However, North America and Western Europe both individually lead Asia Pacific for High-End hardware, albeit at lower growth rates of 5.78% and 6.63% vs. 9.61% respectively. The western appetite for PC gaming systems costing thousands of dollars is indeed strong (though we didn't need a JPR report to tell us that, now did we).