|Product Code: ETC024464||Publication Date: Aug 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
India Computer Accessories Market registered a growth of 35.62% in value shipments in 2022 as compared to 2021 and an increase of 6.97% CAGR in 2022 over a period of 2017. In Computer Accessories Market India is becoming more competitive as the HHI index in 2022 was 2500 while in 2017 it was 2976. 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 less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Computer Accessories Market.
India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Computer Accessories Market in 2022 was 14.44 while in 2017 it was 10. China, China, Hong Kong SAR, Malaysia, Viet Nam and Singapore were among the top players of the market in 2022, where China acquired the largest market share of 44.07% with a shipment value of 1105.81 million USD in 2022 China also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Computer Accessories Market. In 2017 China had the largest market share of 49.95% with the shipment value of 617.01 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
The India computer accessories market is expected to grow at a compound annual growth rate of 11.6% during the forecast period 2020-2026. This growth can be attributed to increasing digitalization, rising disposable income and growing demand for wireless computer accessories in the country. Additionally, government initiatives such as ‘Digital India’ are encouraging people to adopt technology and creating a robust ecosystem for electronic product manufacturers in the nation which will further boost the market growth during this period.
1) Increasing Digitalization: With increasing digitization across various business industries there has been an increased focus on automation which has driven up demand for computer accessories such as external storage devices, keyboards, mice etc., thus driving up the Indian Computer Accessories Market.
2) Growing Disposable Income: As disposable incomes rise amongst Indians they have more money available to invest in consumer electronics including computer peripherals resulting in higher sales volumes within this sector thereby boosting the market growth.
3) Growing Demand for Wireless Computers Accessories: The trend towards wireless computing is gaining popularity among consumers with increasing development of Bluetooth enabled products like headphones and speakers leading to higher sales volumes thus contributing positively towards overall industry expansion.
High Cost of Products Clamps Down Market Growth : One major hindrance faced by players operating within this domain remains high cost associated with these products due to their technological complexity which makes them unaffordable or difficult choice when compared with budget friendly options from other sectors limiting buyer access and its end user penetration rate into untapped markets clamping down industry expansion potentials markedly over time frame considered.
1 ) Rising Penetration Of Compact & Portable Computing Devices : Portable computers such as laptops , tablets , mini PCs are becoming increasingly popular globally owing to their lightweight nature & portability enabling users hassle free navigation while being highly efficient making them preferred choice over traditional desktops hence driving strong buying interests among tech savvy populace.
2 ) Advances In Technology Leading To Enhanced Product Portfolio : Companies operating within this space are continually investing heavily into R&D activities so as refine existing portfolio offerings keeping pace ahead with fast changing trends while also introducing new range of technologically advanced products backed by distinct features at attractive price points that meets customer needs effectively augmenting its presence significantly.
Some key players operating in India’s Computer Accessory Market include Dell technologies inc., HP Inc., Logitech International SA, AsusTek
1 Executive Summary
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
3 India Computer Accessories Market Overview
3.1 India Country Macro Economic Indicators
3.2 India Computer Accessories Market Revenues & Volume, 2019 & 2026F
3.3 India Computer Accessories Market - Industry Life Cycle
3.4 India Computer Accessories Market - Porter's Five Forces
3.5 India Computer Accessories Market Revenues & Volume Share, By Product, 2019 & 2026F
3.6 India Computer Accessories Market Revenues & Volume Share, By End-user, 2019 & 2026F
4 India Computer Accessories Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 India Computer Accessories Market Trends
6 India Computer Accessories Market, By Types
6.1 India Computer Accessories Market, By Product
6.1.1 Overview and Analysis
6.1.2 India Computer Accessories Market Revenues & Volume, By Product, 2016 - 2026F
6.1.3 India Computer Accessories Market Revenues & Volume, By Printers, 2016 - 2026F
6.1.4 India Computer Accessories Market Revenues & Volume, By PC Gaming Peripherals, 2016 - 2026F
6.1.5 India Computer Accessories Market Revenues & Volume, By External HDD, 2016 - 2026F
6.1.6 India Computer Accessories Market Revenues & Volume, By Keyboards, 2016 - 2026F
6.1.7 India Computer Accessories Market Revenues & Volume, By Pointing Devices, 2016 - 2026F
6.1.8 India Computer Accessories Market Revenues & Volume, By Webcams, 2016 - 2026F
6.2 India Computer Accessories Market, By End-user
6.2.1 Overview and Analysis
6.2.2 India Computer Accessories Market Revenues & Volume, By Business Sector, 2016 - 2026F
6.2.3 India Computer Accessories Market Revenues & Volume, By Consumers Sector, 2016 - 2026F
7 India Computer Accessories Market Import-Export Trade Statistics
7.1 India Computer Accessories Market Export to Major Countries
7.2 India Computer Accessories Market Imports from Major Countries
8 India Computer Accessories Market Key Performance Indicators
9 India Computer Accessories Market - Opportunity Assessment
9.1 India Computer Accessories Market Opportunity Assessment, By Product, 2019 & 2026F
9.2 India Computer Accessories Market Opportunity Assessment, By End-user, 2019 & 2026F
10 India Computer Accessories Market - Competitive Landscape
10.1 India Computer Accessories Market Revenue Share, By Companies, 2019
10.2 India Computer Accessories Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles