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According to our latest market study, titled “Gaming Controller Market” In the current scenario, the gaming industry is amid crucial and innovative sectors considered in tech. The growing industry is heating up which is impacting demand for more consoles. From the era of dawn of arcades, to upsurge of home consoles; gaming industry has witnessed and will continue to rise. For instance, Microsoft’s Xbox, Nintendo, and Sony’s Playstation are successfully attracting towards drawing attention of gamers. Moreover, PC gaming has unlocked opportunities for gamers seeking for additional dexterity and ease-of-use during playing games. In addition, the console developers like Sony Microsoft are introducing cloud-based subscription services although they keep on creating and rolling-out new consoles. Millions of people are getting inclined towards playing games using PCs and consoles. The new report has showcased that approximately 3.1 billion of individuals play video games at a global scale, which is nearly 40% of world population.

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List Of TOP KEY PLAYERS in Gaming Controller Market Report are –

Scuf Gaming International, LLC; Sony Corporation; HORI USA; Nitendo; and Razer Inc. – Prominent Market Participants in Gaming Controller Market

In context to number of users. India is amongst top five mobile gaming markets; whereas, Colombia, Nigeria, Indonesia, Peru, Thailand, the Philippines, and Vietnam have also reported utmost numbers of adults. Growing number of gamers is influencing the gaming industry which is anticipated to fuel the adoption of gaming controllers in the market. Moreover, with the development of advanced wired & wireless gaming controllers and other accessories in the market, the scope of gaming controller will also enhance. Additionally, increasing penetration of smartphone gaming controllers in the market, introducing of new consoles like Playstation 5, and combination of virtual reality with controllers are some of the other factors that are expected to stimulate the use of gaming controller, and thereby positively impacting the market growth.

Scuf Gaming International, LLC; Sony Corporation; HORI USA; Nitendo; and Razer Inc. are some of the key market players operating in the global gaming controller market. The listing of key players is derived by considering multiple factors such as overall revenue, current gaming controller product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the gaming controller ecosystems which were studies analyzed during the course of this market research study, such as, Guillemot Corporation S.A., Logitech, NVIDIA CORPORATION, Microsoft Corporation, and Mad Catz Global Limited among others. Further, in June 2020, Scuf Gaming International, LLC, launched high-performance gaming controllers for Call of Duty League to bring fans new, official league controllers, featuring team colors and logos. In April 2020, Sony Corporation launched DualSense wireless controller for PlayStation 5. It consists of additional features than the previous DualShock 4 wireless controller and would deliver a new immersion feeling to players.

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The gaming industry is one of the biggest industries and is valued for ~US$140 billion. With growing gaming industry, the gaming accessories such as wearable interface controllers, custom-made balance boards, game streaming, and pro controllers are getting advanced. For instance, wearable interface controllers are developed to transmute gamer’s body movements into the action on TV screen. Controller grip is a concave or convex add-on in gaming controller’s button, which improves dexterity, accuracy, and comfort during long hours of play. Increasing demand for these gaming accessories is encouraging manufacturers to develop accessories with glow-in-the-dark features to attract customers by providing aesthetic looks. Thus, evolvement in gaming accessories is fueling the scope of the gaming industry, thereby driving the market growth.

Based on product, the gaming controller market is segmented into gamepad, joystick, trackball, throttle quadrant, and light gun. The gamepad segment dominates the market. The recent advancements in the manufacturing of gamepads, such as integration of haptic feedback, are boosting the market growth for gamepad segment. These advancements allow users to feel the actions of the game through vibration of the controller, thereby, offering a better gaming experience.

Based on compatibility, the gaming controller market is bifurcated into PC & mobiles and console. The PC & mobile segment dominates the market owing to the growing importance of cloud computing technologies. Also, internet connections are becoming more stable and quicker. Therefore, users would be able to play games on PCs in the near future, which is anticipated to drive the market growth for this segment during the forecast period.

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With tables and figures, helping analyze worldwide Global Gaming Controller Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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