PC Gaming Hardware Market Passes $30 Billion

For the longest time, analysts have been predicting the decline and death of the PC market. Along with the supposed death of PC hardware, we ‘ve also been occasionally told that the PC gaming market was in dire straits as well. In a not no surprisingly twist, the latest report out from JPR shows that the PC gaming hardware market has never been better.

According to the report, the total value of the gaming computer related hardware has exceeded $30 billion for the first time ever. This is based off both DIY and prebuilt gaming computers, input/audio, upgrades and various related hardware. Even better news is that there is strong growth expected, with about 6% growth annually (CAGR) until 2019.

The growth is largely driven by several key factors. One of these is the move to FullHD and UHD displays and the accompanying expensive graphics cards to run them. Another source of growth is the booming eSports which is bringing in new converts. To better reflect the market, JPR is changing their categories from Mainstream, Performance, and Enthusiast to Entry-Level, Mid-Range, and High-End. That’s because just because someone is using entry level hardware doesn’t mean they’re not as committed or devoted to gaming.

Lastly, the company expects some upcoming developments to ignite the market even more. In particular, AMD’s Ryzen is expected to push market growth in all three price tiers. There is also good signs for the GPU market as well. Overall, it’s good to see recognition for that fact that just because there are more mobile or console gamers theses days doesn’t mean it has to detract from PC gaming.