Laptop Accessories Market Size, Share & Trends Analysis Report By Type (Electronic, Non-electronic), By End-use (Personal, Commercial), By Distribution Channel (Offline, E-commerce), And Segment Forecasts, 2023 - 2030

Research Methodology

A three-pronged approach was followed for deducing the laptop accessories market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for laptop accessories market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of laptop accessories market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Laptop Accessories Market Categorization:

The laptop accessories market was categorized into four segments, namely type (Electronic, Non-electronic), end-use (Personal, aCommercial), distribution channel (Offline, E-commerce), and region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa).

Segment Market Methodology:

The laptop accessories market was segmented into type, end-use, distribution channel, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The laptop accessories market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into eight countries, namely, the U.S.; Mexico; the UK; Germany; Japan; Australia; Brazil; Turkey.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Laptop accessories market companies & financials:

The laptop accessories market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Logitech -Logitech designs, manufactures, and markets cordless products. The company offers audio and video products, webcams, mice, trackballs, keyboards, speakers, headsets, interactive gaming devices, digital pens, lap desks, and universal remote controls. Logitech distributes its products internationally. It operates in a single segment namely, Peripherals. The brands of Logitech include Logitech, Logitech G, ASTRO Gaming, Ultimate Ears, Jaybird, Blue Microphones, and Stream labs. The firm generates revenue from the Americas, Europe, Middle East, Africa, and the Asia Pacific region. Logitech’s center of manufacturing is in Suzhou, China, with supplemental manufacturing in other parts of China, including contract manufacturing. 85% of Logitech’s business is through retail sales in more than 100 countries. The remaining 15% of Logitech’s business is divided up between OEM business, which includes sales of PC peripherals to computer manufacturers and our Life-size video conferencing.

• Western Digital Corporation -Western Digital designs and manufactures various storage devices and solutions. The company’s product portfolio includes solid state drives (SSD), hard disk drives (HDD), flash-based embedded storage products, and flash-based memory wafers and components. Its products are used in a wide range of notebooks, desktops, Internet of Things, and automotive, industrial, and connected home applications. The company markets products under the G Technology, SanDisk, Western Digital and WD brands. It serves various original equipment manufacturers, distributors, resellers, and consumers. The company has operations in the Asia Pacific, Europe, the Middle East and Africa, and the Americas.

• HP Inc. - HP Inc. offers a wide range of products, technologies, software, solutions and services. The company’s product portfolio includes personal computing and other access devices; imaging- and printing-related products and services; enterprise IT infrastructure; and multi-vendor customer services. HP provides commercial and industrial solutions to print service providers and packaging converters. It also delivers printing products and solutions for homes, home businesses and micro businesses. HP offers its products to individual consumers, small and medium-sized businesses and large enterprises, including customers in the government, health, and education sectors. The company has operations across the Americas, Europe, the Middle East, Africa and Asia Pacific.

• ASUSTeK Computer Inc. - ASUSTeK Computer Inc. is a manufacturer of computer hardware and electronics products. The company’s product portfolio includes laptops, motherboards, personal computers, mobile telephones, pocket PCs, and three-dimension graphics display cards. It also offers broadband products, graphics cards, Liquid Crystal Display (LCD) monitors, server motherboards, server systems, computer accessories, and peripherals. The company offers Internet information services; maintenance and operating services for information hardware; services information technology and communication products; and leases real estate property. The company provides cloud computing services, consulting, and product technical support services. It also conducts the research, development, design, manufacturing, and sale of computing, communication, and consumer electronics (3C) products. In addition, it collaborates with several other companies to develop its products.

• Dell Inc. - Dell Inc. is an American multinational technology company that provides desktop personal computers, software, and peripherals. The company develops, produces, distributes, and supports the infrastructure of information technology, including laptops, desktops, mobile devices, workstations, storage devices, software, cloud solutions, and notebooks. It sells goods under the brands: Dell, Pivotal, Dell EMC, SecureWorks, Alienware, and Virtustream. In addition, Dell provides several financial services relating to the use of its products, software, and service solutions, such as creating, collecting, and maintaining client receivables financing arrangements. It also serves large corporations, the government, small and medium-sized businesses, educational institutions, law enforcement agencies, and healthcare organizations.

• Giga-Byte Technology Co., Ltd. -  Giga-Byte Technology Co., Ltd. operates through two segments: Global Brand Business Group and Other Business Group. The company offers motherboards, graphic cards, laptops, desktops, and monitors. It also provides PC peripherals, such as keyboards, mouse, speakers, headsets, and gaming chairs; and PC components comprising PC case, CPU cooler, power supply products, and memory and SSD products, as well as DIY kits. In addition, the company offers server motherboards; rack, GPU, high density, arm, storage, and edge servers; tower server/workstation; and embedded computing products.

• Seagate Technology LLC. - Seagate Technology LLC. is one of the leading providers of data storage technology and solutions. Its principal products are hard disk drives, commonly referred to as disk drives, hard drives, or HDD. It also produces a broad range of data storage products, including solid state drives, solid state hybrid drives, storage subsystems, as well as a scalable edge-to-cloud mass data platform that includes data transfer shuttles and a storage-as-a-service cloud. Its HDD products are designed for mass capacity storage and legacy markets.

• Microsoft - Microsoft develops, licenses, and supports software products, services, and devices. It offers a comprehensive range of operating systems, cross-device productivity applications, server applications, software development tools, business solution applications, desktop and server management tools, video games, and training and certification services. It also designs, manufactures, and sells hardware products like PCs, tablets, gaming and entertainment consoles, and other intelligent devices. Microsoft provides a broad spectrum of services such as cloud-based solutions, solution support, and consulting services. Microsoft markets, distributes, and sells offerings through original equipment manufacturers, distributors, resellers, and online marketplaces.

• Kingston Technology Company, Inc. - Kingston Technology Company, Inc. is an American multinational computer technology corporation that develops, manufactures, sells, and supports flash memory products and other computer-related memory products, as well as the HyperX gaming division. From big data to laptops and PCs to IoT-based devices like smart and wearable technology, to designing and contract manufacturing—Kingston Technology Company helps deliver the solutions used to live, work, and play. The world’s largest PC makers and cloud-hosting companies depend on Kingston Technology for their manufacturing needs.

• Hama - Hama is a German distributor of accessories specializing in a number of areas, including photo, video, audio, multimedia, computer, and telecommunications. Hama employs around 2,500 people worldwide, with 1,500 employees working at the headquarters in Germany. Hama is represented by 17 subsidiaries and numerous commercial agencies all around the world.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Laptop Accessories Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2021, historic information from 2019 to 2022, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Laptop Accessories Market Report Assumptions:

• The report provides market value for the base year 2021 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.