Product Code: ETC024467 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Computer Accessories market currently, in 2023, has witnessed an HHI of 2117, Which has decreased slightly as compared to the HHI of 2739 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Singapore computer accessories market is expected to grow at a CAGR of 8.6% during the forecast period (2020 - 2026). Growing demand for gaming products, increasing disposable incomes of consumers, and rising adoption of advanced technologies are some major factors driving the growth of this market in the country. Additionally, increased internet penetration has enabled consumers to purchase various types of computer accessories through online platforms which has further boosted the sales volume in Singapore.
Increasing use of computers and laptops among consumer???s especially for educational purpose due to COVID-19 pandemic is one major factor driving growth in Singapore computer accessories industry. Furthermore, technological advancements such as Wi-Fi 6 is gaining momentum which have enabled faster data transfer speeds thus making it easier for users to transfer data with their devices. This will also be a key driver propelling growth in this sector over the coming years. Besides these factors, rise in e-commerce activities owing to convenience offered by online retailers coupled with discounts & offers on these websites are boosting revenue generation opportunities from this segment significantly.
High cost associated with quality computer accessories along with availability issues could hinder the overall growth prospects of this market over forthcoming years. Moreover, fluctuations seen in prices caused by currency exchange rate instability could pose negative impact on development across Singapore Computer Accessories Market during near future.
Major players operating within Singapore Computer Accessories Market includes Dell Technologies Inc., Apple Inc., Hewlett Packard Enterprise Co., Lenovo Group Ltd., Acer Inc,. Samsung Electronics Co Ltd.; Sony Corporation; Microsoft Corporation and AsusTek Computer Inc. These companies dominate majority shareholding within domestic PC peripherals marketplace based on quality products delivered along competitive pricing & distribution network maintained across country.
The coronavirus pandemic had an immensely negative effect on many industries around the world including IT/ Tech industry however its impact was not as severe as compared to other sectors like tourism or hospitality ETC, Since March 2020 when lockdown measures were implemented all over world that led people working from home; there was an increase demand for laptop/computer related items like monitors, external hard drives, RAM???s ETCThis sudden spike resulting due covid situation will have positive implications towards short term performance but long-term effects still remain uncertain.Thus uncertainty surrounding pandemic remains biggest challenge ahead.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Computer Accessories Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Computer Accessories Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Computer Accessories Market - Industry Life Cycle |
3.4 Singapore Computer Accessories Market - Porter's Five Forces |
3.5 Singapore Computer Accessories Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Singapore Computer Accessories Market Revenues & Volume Share, By End-user, 2020 & 2030F |
4 Singapore Computer Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Computer Accessories Market Trends |
6 Singapore Computer Accessories Market, By Types |
6.1 Singapore Computer Accessories Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Singapore Computer Accessories Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 Singapore Computer Accessories Market Revenues & Volume, By Printers, 2020-2030F |
6.1.4 Singapore Computer Accessories Market Revenues & Volume, By PC Gaming Peripherals, 2020-2030F |
6.1.5 Singapore Computer Accessories Market Revenues & Volume, By External HDD, 2020-2030F |
6.1.6 Singapore Computer Accessories Market Revenues & Volume, By Keyboards, 2020-2030F |
6.1.7 Singapore Computer Accessories Market Revenues & Volume, By Pointing Devices, 2020-2030F |
6.1.8 Singapore Computer Accessories Market Revenues & Volume, By Webcams, 2020-2030F |
6.2 Singapore Computer Accessories Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Singapore Computer Accessories Market Revenues & Volume, By Business Sector, 2020-2030F |
6.2.3 Singapore Computer Accessories Market Revenues & Volume, By Consumers Sector, 2020-2030F |
7 Singapore Computer Accessories Market Import-Export Trade Statistics |
7.1 Singapore Computer Accessories Market Export to Major Countries |
7.2 Singapore Computer Accessories Market Imports from Major Countries |
8 Singapore Computer Accessories Market Key Performance Indicators |
9 Singapore Computer Accessories Market - Opportunity Assessment |
9.1 Singapore Computer Accessories Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Singapore Computer Accessories Market Opportunity Assessment, By End-user, 2020 & 2030F |
10 Singapore Computer Accessories Market - Competitive Landscape |
10.1 Singapore Computer Accessories Market Revenue Share, By Companies, 2023 |
10.2 Singapore Computer Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |