Wireless Keyboard Market Expansion catalyzed by Rapid Advancements in Functionality

Published Date : Jul 30, 2018

ALBANY, New York, July 30, 2018 –MarketResearchReports.biz has announced the addition of a report titled “Global Market Study on Wireless Keyboard: Smartphone and Tablet Application Segment to Significantly Contribute to Global Market Revenue Growth During 2017–2025”. The comprehensive report on the wireless keyboard market offers in-depth insights on the current market outlook, emerging avenues, major technological advances, and key elements of competitive dynamics.

The global wireless keyboard market is projected to rise at a single-digit CAGR during the forecast period of 2017–2025. The steady expansion of the market rides on the back of recent wave of constant innovations in wireless technologies and massive product developments aiming at improving the product functionality. The trend of integrating numerous devices and features in the wireless keyboards is a notable factor propelling the growth of the market. This has led to easy sync of wireless keyboards with a variety of mobile electronics devices, notably tablets and smartphones.

The rising popularity of smart TVs is catalyzing the demand for wireless keyboards. The vast disposable incomes in developing economies is fueling the demand for wireless electronics among savvy consumers. This, in turn is bolstering the demand for wireless keyboards. Furthermore, advancements in design of keyboards have made them ergonomic and high on aesthetics. The incorporation of advanced features in wireless keyboards such as voice recognition is also bolstering their demand. In addition, manufacturers all over the world are integrating built-in software solutions, thus attracting more consumers.

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The wireless keyboard market is benefitting immensely from its widespread demand among users of personal computers (PCs) across the globe.  The segment, among all other applications, will garner the dominant CAGR during the assessment period. The worldwide demand is also reaping substantial gains from the rising uptake of smart TVs, thus bolstering the usage of wireless keyboards. The trend is supported by the rising popularity of premium electronics among home users. The demand for more immersive experience through gaming in smart TVs is also fueling their usage.

However, the various concerns with battery life of wireless keyboards, security concerns, and performance issues due to interference by radio signals, are some of the crucial factors dampening their demand. Nevertheless, the rising attractiveness of wireless keyboards among graphic designers, especially in developing economies, and rapid advancements in product functionalities, are opening lucrative avenues for keyboard manufacturers. Moreover, several innovations in design of these wireless keyboards bodes well for the market.

The various regional markets for wireless keyboards are the Middle East and Africa (MEA), North America, Europe, Latin America, and Asia Pacific. Of these, Asia Pacific is projected to witness substantial uptake of wireless keyboards in the coming years.

Some of the prominent players operating in the wireless keyboard market are SMK-Link Electronics, Targus, Adesso Inc., Riitek, Matias Corporation, UnisenGroup, Apple Inc., Logitech International S.A, Hewlett-Packard Development Company, DELL, and Microsoft Corporation.

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