The computer peripherals market in Germany is in a declining phase. In 2023, the market size stood at 23.022 million units. Over the years, the market has experienced volatility, with a notable contraction in recent years. Between 2022 and 2023, the market shrank by 2.2%. Forecast data suggest a continual decrease, with the CAGR expected to be -1.84% from 2024 to 2028, resulting in an overall reduction of 8.88% by 2028.
Future trends to watch for include:
- A shift towards multifunctional devices, potentially reducing demand for traditional peripherals.
- Growing importance of sustainability, influencing consumer and corporate purchasing decisions.
- Technological advancements, such as AI and IoT integration, impacting the types and functionalities of peripherals.