Gaming monitors are set to dominate the peripherals market, making up 49% of revenue in 2025 and projected to surpass half of the market by 2030, driven by demand for higher resolutions and faster refresh rates.

Despite stagnant game prices, peripheral and accessory makers have successfully introduced premium products, such as Sony's DualSense Edge controller, reflecting consumer willingness to pay more for high-quality gaming hardware.

This growth in peripherals is fueled by a perception that advanced hardware is essential for a superior gaming experience, leading consumers to accept higher prices for premium products.

A comprehensive report from Omdia provides detailed global market forecasts, covering ten countries and regional data, highlighting the worldwide expansion of the gaming peripherals market.

The report emphasizes the significant demand for gaming accessories across multiple regions, illustrating the global scope of market growth.

Other categories such as gamepads, headsets, keyboards, mice, steering wheels, and the Switch 2 camera are also experiencing notable growth, contributing to the overall expansion of the peripherals market.

In 2024, worldwide revenue from gaming peripherals and accessories reached $18.7 billion, marking a 44.3% increase since 2020, even as overall game sales grew just 1.8% during that period.

The total global market for gaming peripherals is projected to surpass $20 billion in 2025 and approach $25 billion by 2030, according to Omdia's forecasts.

While the broader gaming market remained relatively stagnant, peripheral revenue growth outpaced it significantly, reflecting a shift in consumer spending toward high-end gaming hardware.

Manufacturers have been able to raise prices on premium peripherals without resistance, capitalizing on the increasing demand for higher quality gaming experiences.