A new report has been published, revealing the impact of the COVID-19 pandemic, which has affected the whole world, and increasing hardware prices, on the computer game hardware and accessory industry. According to the new report, people who could not leave their homes for days or even weeks due to the COVID-19 epidemic and had to turn to alternative methods in order to play, work and socialize found the solution to immerse themselves in computer games.
According to the market analysis report prepared by NYD Group, there was a 25 percent increase in revenue in the computer game hardware and accessories industry last year. In the report, it was pointed out that there is a general increase in digital content consumption and the time people spend on computer games due to this increase, where the impact of the COVID-19 epidemic is quite high.
More than $5.74 billion increase in PC gaming industry
According to the report, which highlights the increase in consumer spending on gaming hardware and accessories, an increase of more than $5.74 billion was seen in this market in 2021. This figure, which corresponds to an increase of 25 percent, placed second after the huge increase of 62 percent, which corresponds to $ 4.5 billion in 2019 figures released in 2020.
In the report, which summarizes the growth in various product categories caused by the generally increased demand for desktop computers, laptops and microphones; computer microphones and monitors topped the volume growth, similar to the report released in 2020.
On the other hand, NPD noted that there has been a 5% increase in digital content consumption over the past year, with the 2021 total amounting to $7.9 billion. Underlining that this increase in digital content led to a general increase in computer gaming time, it was reported that these figures increased by 1 hour compared to the average of 2020, reaching an average of 7.7 hours per week.
This increase is expected to decline in 2022.
However, the NPD is of the opinion that the enormous growth seen in this industry will not hold true for 2022. According to the forecasts for 2022, it is predicted that there will be a decline in the game and hardware industry. Accordingly, due to the current market saturation and hopefully no longer need for personal and societal-global restrictions due to COVID-19, general interest and demand for computer hardware and accessories is expected to decline as people gradually return to their old lives.
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