The UK sold production of computer peripherals was 314.5 million Euros in 2023. For the forecasted years, production is expected to increase steadily: 323.66 million Euros in 2024, 333.77 million Euros in 2025, 343.68 million Euros in 2026, 353.4 million Euros in 2027, and 362.92 million Euros in 2028. The year-on-year growth rates are as follows:
• From 2023 to 2024: 2.92%
• From 2024 to 2025: 3.12%
• From 2025 to 2026: 2.97%
• From 2026 to 2027: 2.83%
• From 2027 to 2028: 2.69%
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.91%, showcasing consistent, moderate growth in the production of computer peripherals.
Future trends to watch for include advancements in peripheral technology, increased demand driven by emerging markets, and the impact of innovations such as artificial intelligence and the Internet of Things (IoT). Furthermore, shifts towards remote working and gaming could significantly influence production volumes.
