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Gaming Accessories Market Size to Reach USD 4.04 Billion by 2025 at a 9.68% CAGR – Report by Market Research Future (MRFR)

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New York, US, July 08, 2021 (GLOBE NEWSWIRE) — Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Global Gaming Accessories Market information by Product, by Device Type, by End-Use and Region – forecast to 2027” the market was valued at USD 2.14 Billion in 2018 and is expected to reach USD 4.04 Billion by 2025 at a compound annual growth rate of 9.68%

Gaming Accessories Market Scope:
The gaming accessories market is constantly growing, witnessing vast demand. 2020 was a game-changing year for the online gaming & gambling market. Online casino betting was legalized in most parts of the world, the US being the major one. Besides, government support for opening up the online gaming industry and reducing federal restrictions allows the gaming accessories market to garner significant revenues. With more legal breakthroughs expected in 2021 and beyond, the market is expected to garner massive momentum in the years to come.

Players like Bragg Gaming, Union Gaming Group, and others are seeing new opportunities to foster their global footprints markets that could mean big things. This also means that gaming accessories markets worldwide would garner significant traction further years ahead. Besides, advances in gaming technologies are expected to foster the global gaming accessories market size.

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Dominant Key Players on Gaming Accessories Market Covered Are:

  • Logitech International SA (Switzerland)
  • Alienware (US)
  • Razer Inc. (US)
  • Turtle Beach (US)
  • Mad Catz (US)
  • Corsair (US)
  • Sennheiser (Germany)
  • Cooler Master (China)
  • HyperX (US)
  • Reddragon (US)
  • Anker (China)
  • SADES Technological Corporation (China)
  • Google Inc. (US)
  • Plantronics (US)
  • Nintendo Co. Ltd (Japan)
  • HP Inc. (US)
  • Oculus VR LLC (US)
  • Xiaomi Corporation (China)
  • AsusTek Computer Inc. (Taiwan)
  • Dell Inc. (US)
  • Acer Inc. (Taiwan)
  • SteelSeries (Denmark)
  • Sony Corporation (Japan)
  • Nvidia Corporation (US)

Browse In-depth Market Research Report (111 Pages) on Gaming Accessories Industry: 
https://www.marketresearchfuture.com/reports/gaming-accessories-market-8609

Market USP exclusively encompassed:
Market Drivers
Rising Numbers of Gamers & Online Gaming Platforms Upend Market Revenues
Rapid improvements in networking technologies and mobile apps are projected to increase the gaming accessories market size, registering a significant growth in revenues and user screen time. Moreover, the increasing adoption of smartphones and vast developments in technologies such as virtual reality (VR) and artificial intelligence (AI) are major trends accelerating the demand for gaming accessories.

Rising popularity of competitive games and increasing numbers of gamers drive the market. The 5G technology has marked a new beginning in the connectivity landscape and transformed the gaming industry. Countries worldwide are investing heavily in 5G technology to gain broader microeconomic advantages.

Besides, extensive uptake of online games in the education and media & advertisement sectors has allowed the market to perceive high growth in recent years. The rising uptake of cloud gaming in casinos and increasing numbers of gaming zones influence the market value. The wide range of uses in both commercial and personal uses impacts the cloud gaming market share.

Prohibitive Cost is a Major Headwind
On the other hand, high costs of gaming PCs and accessories, such as DPI mouse, anti-ghost switches, and others, restrict the market growth. Also, in some countries, specific gaming sites are banned, which can pose challenges to the growth of the gaming accessories market.  

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Segmentation of Market covered in the research:
The gaming accessories market is segmented into products, device types, end-users, and regions. The product segment is sub-segmented into gamepads, keyboards, mice, headsets, surfaces, controllers/ joysticks, virtual reality (VR) devices, cooling fans, web cameras, and others.

The device type segment is sub-segmented into PC (desktop and laptop), smartphones, gaming consoles, and others. In addition, the end-user segment is sub-segmented into casual gaming and professional gaming. The region segment is sub-segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and rest-of-the-world.

Regional Analysis
North America dominates the global gaming accessories market. The presence of a large number of gaming accessories providers, such as Alienware, Razer Inc., Turtle Beach, Mad Catz, and Corsair, drives the growth of the market in the region. Also, various registered online gaming tournaments create significant demand for state-of-the-art devices to operate efficiently.

The gaming community is a rapidly growing entertainment industry in the US. This has encouraged the sales of the latest gaming peripherals, contributing to the gaming accessories market shares in North America. Besides, increased demand for gaming accessories and improved Internet connectivity with high reliability boost the market size in this region.

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COVID-19 Impact on the Global Gaming Accessories Market
The onset of COVID-19 boosted the already booming gaming accessories industry, increasing public interest in online gaming. The pandemic and lockdown mandates worldwide allowed people more free time to involve in gaming and leisure activities. Besides, social distancing mandates are increasing the uptake of gaming accessories.

Also, increased uses of various cloud gaming services allowing the gaming accessories market to witness a constant uptick over the past few months. Additionally, increasing investments are seen by industry players to foster R&D activities offer significant market opportunities.

Impact of COVID-19 on the Gaming Accessories Market:

https://www.marketresearchfuture.com/report/covid-19-impact-gaming-accessories-market

Competitive Analysis:
The gaming accessories market is expected to witness significant product launches and several strategic approaches, such as collaboration, expansion, mergers & acquisitions, and product launches. Major industry players make substantial strategic investments in research and development activities and fostering their expansion plans.

For instance, recently, on July 01, 2021, Bragg Gaming Group (Canada), a leading global provider of B2B iGaming technology & contents, announced the acquisition of Wild Streak Gaming (the US), a game studio specializing in casino slot game design.

The acquisition would enable Bragg to advance its acquisition strategy by increasing its ability to develop and distribute online casino content to the US market. This includes advanced game mechanics, mathematic works, game designs, and tailored features for US markets.

About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence

Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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