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: ETC036227 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Computer Peripherals Market report thoroughly covers the market by Connectivity and product. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.
Singapore Computer Peripherals Market is anticipated to grow in the forecast period due to increasing demand for technological integration across industries, high disposable income, and the government's push towards digitization. Singapore's market for computer peripherals has been expanding rapidly in recent years. The city-state's tech-savvy population, robust infrastructure, and supportive government initiatives have helped to create a dynamic ecosystem that fosters growth and innovation in this sector. The Singapore computer peripherals market is the fastest-growing industry, witnessing a tremendous rise in the demand for goods and services. The surge in demand for computer peripherals in Singapore is driven by the increasing reliance on computers and the remarkable shift toward advanced technological products. The market is evolving significantly with time and presents a plethora of opportunities to businesses worldwide.
According to 6Wresearch, the Singapore Computer Peripherals Market size is projected to grow at the CAGR of 6.82 % during the forecast period of 2025-2031. A surge in technological innovation has been the primary driving factor behind the growth of Singapore's computer peripherals market. Consumers' demand for high-tech devices and business enterprises' need for quick and efficient processing has been contributing to the growth of this market. The consumer electronics sector has rapidly been shifting to high-end products, such as wireless devices, gaming consoles, and advanced printers, leading to a rise in the demand for computer peripherals. Consequently, this has increased the competition amongst the key players in the market, which has resulted in more innovation. The growth of the Singapore computer peripherals market is mainly attributed to the rising demand for technology and digitization. As the world becomes more digital, the need for computer peripherals increases, and Singapore is not an exception.
Additionally, the city-state's status as a business hub has driven demand for office equipment, thereby boosting the B2B segment. The growth of e-commerce in Singapore has also made computer peripherals more accessible, leading to a surge in demand from the B2C segment. There are certain challenges present in the Computer Peripherals Market in Singapore. One of the significant challenges that the Singapore computer peripherals market faces is the rising costs of raw materials and the cost of production. Due to the high global demand for raw materials such as copper, gold, and rare-earth elements, the cost of production of technological devices has been increasing, leading to limited price options for customers. Another challenge lies in the proliferation of counterfeit products, which not only leads to revenue losses to the legitimate players in the market but also impacts the credibility of the products among the customers.
The Singaporean government has taken several initiatives to ensure the sustained growth of the technology industry, including computer peripherals. For instance, the government encourages local companies to invest in R&D to produce innovative products to stay competitive. Additionally, Singapore has a favorable business environment and regulatory framework, making it an attractive destination for foreign investors. Moreover, the government supports initiatives aimed at fostering digitalization—the Smart Nation initiative, which seeks to leverage technology to improve the lives of Singaporeans and enhance the country's competitiveness.
The Singapore Computer Peripherals Industry has attracted many international players, including HP, Dell, Microsoft, Lenovo, and Logitech. Additionally, local brands such as Razer, Secretlab, and AftershockPC have gained traction in the market. These players compete based on various factors such as product pricing, quality, and innovation. Additionally, companies differentiate themselves through strategic partnerships and marketing to gain a competitive edge.
According to Ravi Bhandari, Research Head, 6Wresearch there are two primary categories of connectivity for computer peripherals: wired and wireless devices. While both categories have been around for a while, the shift towards wireless connectivity is expected to grow further over the next few years. With the advent of Bluetooth 5.0 and Wi-Fi 6, wireless technology has become faster and more reliable. This shift is expected to drive growth in the wireless peripherals segment, making it the fastest-growing category within the computer peripherals industry.
The product segment of the market is expected to see development, with input devices leading the Singapore Computer Peripherals Market Growth. Input devices are a vital component of any computer, and Singapore has seen an increase in demand for high-quality input devices, including keyboards, image scanners, pointing devices, and webcams. Input devices are now available in numerous variations, including those that are ergonomic and those designed for gaming.
The report offers a comprehensive study of the subsequent 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 Singapore Computer Peripherals Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Computer Peripherals Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Computer Peripherals Market - Industry Life Cycle |
3.4 Singapore Computer Peripherals Market - Porter's Five Forces |
3.5 Singapore Computer Peripherals Market Revenues & Volume Share, By Connectivity, 2023 & 2030F |
3.6 Singapore Computer Peripherals Market Revenues & Volume Share, By Product, 2023 & 2030F |
4 Singapore Computer Peripherals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Computer Peripherals Market Trends |
6 Singapore Computer Peripherals Market, By Types |
6.1 Singapore Computer Peripherals Market, By Connectivity |
6.1.1 Overview and Analysis |
6.1.2 Singapore Computer Peripherals Market Revenues & Volume, By Connectivity, 2021-2031F |
6.1.3 Singapore Computer Peripherals Market Revenues & Volume, By Wired devices, 2021-2031F |
6.1.4 Singapore Computer Peripherals Market Revenues & Volume, By Wireless devices, 2021-2031F |
6.2 Singapore Computer Peripherals Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Singapore Computer Peripherals Market Revenues & Volume, By Input Devices, 2021-2031F |
6.2.3 Singapore Computer Peripherals Market Revenues & Volume, By Keyboard, 2021-2031F |
6.2.4 Singapore Computer Peripherals Market Revenues & Volume, By Image Scanner, 2021-2031F |
6.2.5 Singapore Computer Peripherals Market Revenues & Volume, By Pointing Devices, 2021-2031F |
6.2.6 Singapore Computer Peripherals Market Revenues & Volume, By Webcam, 2021-2031F |
6.2.7 Singapore Computer Peripherals Market Revenues & Volume, By Output Devices, 2021-2031F |
6.2.8 Singapore Computer Peripherals Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Singapore Computer Peripherals Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Computer Peripherals Market Import-Export Trade Statistics |
7.1 Singapore Computer Peripherals Market Export to Major Countries |
7.2 Singapore Computer Peripherals Market Imports from Major Countries |
8 Singapore Computer Peripherals Market Key Performance Indicators |
9 Singapore Computer Peripherals Market - Opportunity Assessment |
9.1 Singapore Computer Peripherals Market Opportunity Assessment, By Connectivity, 2024 & 2031F |
9.2 Singapore Computer Peripherals Market Opportunity Assessment, By Product, 2024 & 2031F |
10 Singapore Computer Peripherals Market - Competitive Landscape |
10.1 Singapore Computer Peripherals Market Revenue Share, By Companies, 2024 |
10.2 Singapore Computer Peripherals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |