The computer peripherals market size in Spain stood at 6.1357 million in 2023. From 2013 to 2015, the market showed a growing trend, peaking in 2015, followed by fluctuations with a general declining trend till 2020. The market saw a minor recovery in 2021 before gradually declining again in the following years.
Year-on-year variation in 2022 was -0.94%, and in 2023 it was -0.94% again. The CAGR for the past five years is moderately stable at 0.35%. Forecasts project a slow decline with a 5-year CAGR of -0.75%, anticipating a market size of 5.8542 million by 2028.
Future trends to watch for:
- Continued technological advancements and their impact on peripheral demand.
- Increasing importance of IoT devices, which may shift the market landscape.
- Potential growth in sectors like remote work and gaming, affecting peripheral needs.