The South Korea gaming peripherals market is currently witnessing strong growth. Gaming peripherals are used with personal computers (PCs) or laptops to improve the overall gaming experience. They are either offered with games or can be purchased separately as per the requirement. At present, the strong gaming culture in South Korea and the escalating demand for competitive online games are providing lucrative opportunities to manufacturers operating in the country to launch innovative products and expand their existing consumer base.
The easy availability of advanced gaming consoles and ultra-high-definition (UHD) TVs and personal computers (PCs) represents one of the key factors stimulating the market growth. Moreover, the increasing adoption of multiplayer video games and advancements in gaming mice are some of the other growth-inducing factors bolstering the market growth. Apart from this, the growing popularity of wireless and smart gaming peripherals, along with the introduction of haptic-enabled gaming peripherals for musical games, is also contributing to the market growth. Furthermore, the outbreak of the coronavirus disease (COVID-19) and social distancing measures implemented by the Government has escalated the demand for e-sports, and virtual reality (VR) and augmented reality (AR) games. This, in turn, is influencing the market growth positively. On account of these factors, the market is expected to continue its strong growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the South Korea gaming peripherals market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, product type, gaming device type, technology and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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