Market Forecast By Connectivity (Wired devices, Wireless devices), By Product (Input Devices, Keyboard, Image Scanner, Pointing Devices, Webcam, Output Devices, Printer, Others) And Competitive Landscape
Product Code: ETC036223 | Publication Date: Jun 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Computer Peripherals market currently, in 2023, has witnessed an HHI of 3423, Which has decreased slightly as compared to the HHI of 3497 in 2017. The market is moving towards concentrated. 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.
Report Name | South Korea Computer Peripherals market |
Forecast Period | 2024-2030 |
Market Size | USD 8.2 Billion By 2030 |
CAGR | 5.9% |
Growing Sector | Gaming |
The South Korea Computer Peripherals market report thoroughly covers the market by connectivity and by product. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2024, the South Korea Computer Peripherals market is valued at approximately $ 4.8 billion, with a projected compound annual growth rate (CAGR) of 5.9% over the next five years. Additionally, by 2030, the market is expected to reach around $ 8.2 billion. The gaming sector holds significant position in the overall market.
The South Korea computer peripherals market is expected to experience steady growth, driven by the increasing demand for advanced and high-performance devices. Key product categories, such as input devices (keyboards, mice), image scanners, and output devices (printers, monitors), are central to this expansion. A shift towards wireless devices, along with advancements in connectivity and device integration, is fueling this growth. Consumers are increasingly adopting wireless and more efficient peripherals to enhance their digital experiences, especially in home offices and gaming setups. The market is also influenced by trends like the adoption of smart home technologies and the growing reliance on cloud-based computing services.
According to 6Wresearch, South Korea Computer Peripherals market size is projected to grow at a CAGR of 5.9% during 2024-2030. The growth of the South Korea computer peripherals market is primarily driven by the increasing adoption of digital technologies across businesses and households. The growing trend of remote work and the rise in gaming demand are fueling the need for advanced peripherals, including wireless input devices, high-definition monitors, and ergonomic office setups. Additionally, innovations in product functionality, such as the integration of artificial intelligence and smart home capabilities, are enhancing consumer interest in these products. The widespread use of cloud computing and the demand for seamless connectivity between devices also support market growth. However, the South Korea Computer Peripherals industry faces challenges such as supply chain disruptions, high production costs, and market saturation in certain categories may impede growth. Moreover, the market faces pressure from global competitors, which increases the competitive landscape and could impact local manufacturers' market share.
The South Korea computer peripherals market is home to several prominent players, including both global and local companies. Key global brands such as Logitech, Microsoft, and HP dominate the input and output device segments with their innovative keyboards, mice, printers, and other peripherals. Local players like Samsung and LG are also significant contributors, particularly in the display and monitor segments, while companies like GIGABYTE and SteelSeries have carved out strong positions in the gaming peripherals market. Additionally, some of these players hold majority of the South Korea Computer Peripherals market share. Moreover, these companies are continually evolving their product offerings, integrating cutting-edge technology like wireless capabilities, ergonomic designs, and smart features, and responding to the growing demand for high-performance devices across industries
In South Korea, the computer peripherals market is subject to various government regulations aimed at ensuring product safety, environmental sustainability, and fair trade. The Ministry of Trade, Industry, and Energy (MOTIE) oversees regulations related to consumer electronics and peripherals, while the Korea Communications Commission (KCC) manages wireless device standards to prevent interference and ensure compatibility with the country’s communication infrastructure. Environmental regulations, such as the Extended Producer Responsibility (EPR) system, encourage manufacturers to recycle or properly dispose of electronic waste. Further, these initiatives have further boosted the South Korea Computer Peripherals market revenues. Furthermore, South Korea's adoption of international standards, such as RoHS (Restriction of Hazardous Substances) and WEEE (Waste Electrical and Electronic Equipment), ensures that computer peripherals meet global safety and environmental standards
The South Korea computer peripherals market is poised for continued growth, driven by ongoing technological advancements and evolving consumer preferences. The demand for wireless and ergonomic devices is expected to rise as remote working and gaming remain key growth factors. As 5G networks and cloud computing proliferate, the need for high-speed, connected peripherals like ultra-responsive gaming devices, high-resolution monitors, and smart accessories will increase. The market will also likely see more eco-conscious products due to rising sustainability concerns, with manufacturers investing in energy-efficient and recyclable peripherals. With global and local companies adapting to these shifts, innovations in AI-powered peripherals and the integration of smart home features will further shape the market's future trajectory.
According to Ravi Bhandari, Research Head, 6Wresearch, the growth of wireless devices in South Korea’s computer peripherals market is being driven by consumer demand for greater convenience and flexibility. Wireless keyboards, mice, and headphones are increasingly popular as they offer enhanced mobility, fewer cables, and a cleaner, more organized setup. The adoption of Bluetooth and Wi-Fi technologies has facilitated the seamless integration of devices, especially as more consumers shift to remote work and gaming environments. Additionally, the proliferation of smart home technologies is contributing to the demand for wireless devices that can easily connect with various digital ecosystems. This shift is expected to continue, with innovations in wireless technology further driving growth in this segment.
The growth of the image scanner segment in the South Korea computer peripherals market is being driven by the increasing demand for high-quality digitization in various sectors such as healthcare, education, and finance. As businesses and individuals increasingly rely on digitized documents and records, the need for efficient, high-resolution scanning solutions has surged. Additionally, advancements in scanner technology, including improvements in scanning speeds, optical resolution, and color accuracy, are contributing to the segment's expansion. The rise of cloud storage and document management systems is also boosting the demand for scanners that can seamlessly integrate with digital platforms.
The South Korea Computer Peripherals market report provides a detailed analysis of the following market segments -
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 South Korea Computer Peripherals Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Computer Peripherals Market Revenues & Volume, 2020 & 2030F |
3.3 South Korea Computer Peripherals Market - Industry Life Cycle |
3.4 South Korea Computer Peripherals Market - Porter's Five Forces |
3.5 South Korea Computer Peripherals Market Revenues & Volume Share, By Connectivity, 2020 & 2030F |
3.6 South Korea Computer Peripherals Market Revenues & Volume Share, By Product, 2020 & 2030F |
4 South Korea Computer Peripherals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Computer Peripherals Market Trends |
6 South Korea Computer Peripherals Market, By Types |
6.1 South Korea Computer Peripherals Market, By Connectivity |
6.1.1 Overview and Analysis |
6.1.2 South Korea Computer Peripherals Market Revenues & Volume, By Connectivity, 2020 - 2030F |
6.1.3 South Korea Computer Peripherals Market Revenues & Volume, By Wired devices, 2020 - 2030F |
6.1.4 South Korea Computer Peripherals Market Revenues & Volume, By Wireless devices, 2020 - 2030F |
6.2 South Korea Computer Peripherals Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 South Korea Computer Peripherals Market Revenues & Volume, By Input Devices, 2020 - 2030F |
6.2.3 South Korea Computer Peripherals Market Revenues & Volume, By Keyboard, 2020 - 2030F |
6.2.4 South Korea Computer Peripherals Market Revenues & Volume, By Image Scanner, 2020 - 2030F |
6.2.5 South Korea Computer Peripherals Market Revenues & Volume, By Pointing Devices, 2020 - 2030F |
6.2.6 South Korea Computer Peripherals Market Revenues & Volume, By Webcam, 2020 - 2030F |
6.2.7 South Korea Computer Peripherals Market Revenues & Volume, By Output Devices, 2020 - 2030F |
6.2.8 South Korea Computer Peripherals Market Revenues & Volume, By Others, 2020 - 2030F |
6.2.9 South Korea Computer Peripherals Market Revenues & Volume, By Others, 2020 - 2030F |
7 South Korea Computer Peripherals Market Import-Export Trade Statistics |
7.1 South Korea Computer Peripherals Market Export to Major Countries |
7.2 South Korea Computer Peripherals Market Imports from Major Countries |
8 South Korea Computer Peripherals Market Key Performance Indicators |
9 South Korea Computer Peripherals Market - Opportunity Assessment |
9.1 South Korea Computer Peripherals Market Opportunity Assessment, By Connectivity, 2020 & 2030F |
9.2 South Korea Computer Peripherals Market Opportunity Assessment, By Product, 2020 & 2030F |
10 South Korea Computer Peripherals Market - Competitive Landscape |
10.1 South Korea Computer Peripherals Market Revenue Share, By Companies, 2023 |
10.2 South Korea Computer Peripherals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |