Keyboards Statistics 2024 and Facts

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Introduction

Keyboard Statistics: Over time, with technological advancement, the sales rate of the keyboard market is increasing rapidly around the world. In everyday life, billions of people are randomly hitting their keyboards for several purposes and some are still unaware of the interesting facts and statistics of the keyboards market. Relax and go through these Keyboard Statistics articles which include insights from various aspects that provide light on how fast the market is growing enormously in recent days.

From a report published by Future Market Insights, revenue generated by the global keyboard industry is expected to be $6.8 billion by the end of 2033 along with a growth rate of 3.5% CAGR from 2023 to 2033.

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Market Value and Growth: The computer keyboard market was valued at US$ 4,870.3 million in 2023 and is expected to grow at a CAGR of 3.5% from 2023 to 2033.
Major Players: Key companies in the market include Microsoft, Logitech, COUGAR, KINESIS, GOLDTOUCH, and Razer Inc., among others.
Innovations and Developments: Innovations include JLab’s mechanical keyboard with 2.4GHz and Bluetooth connectivity and ASUS Republic of Gamers’ new gaming keyboard offerings.
Market Segmentation: The keyboard market segments cover wired, wireless, ergonomic keyboards, and technologies like RF, Infrared, and Bluetooth, catering to corporate/enterprises, gaming, and personal use.
Global Trends: The keyboard market growth is influenced by the COVID-19 pandemic, technological advancements, and consumer preferences towards ergonomic and customizable features.
Mechanical Keyboards: The mechanical keyboard market is driven by the growing gaming industry, with a preference for tactile, durable, and fast-performance keyboards. Innovations in mechanical keyboards focus on providing enhanced gaming experiences.
Challenges: Counterfeit products pose a challenge to market growth, affecting consumer trust and brand reputation.
Impact of Touchscreen Devices: The proliferation of touchscreen devices like smartphones and tablets is impacting the growth of the keyboards market, as these devices offer convenient navigation and functionality.
Technological Advances: Companies are focusing on creating innovative keyboard solutions, such as 3Dconnexion’s Keyboard Pro with Numpad, featuring programmable keys and app-specific commands.
Regional Insights: North America was the largest region in the keyboard market in 2023, expected to remain a key market during the forecast period due to technological advancements and consumer demand.

Facts of keyboard

There are different types of keyboards such as wired keyboards, QWERTY Keyboard, wireless boards, numeric keyboards, USB keyboards, Bluetooth Keyboards, ergonomic keyboards, gaming keyboards, backlight keyboards, magic keyboards, membrane keyboards, and flexible keyboards.
Gaming is the main reason for the market growth of the keyboard industry in 2023 and in the United States around 67% of the population are playing games.
According to research, it is estimated that average people who are using keyboards can type 8 words per minute.
By the end of 2023, on average a person hit the keyboard more than 8 million times.
Regularly, the average time spent on the keyboard is approximately 2 hours and 22 minutes.
On the keyboard, the ‘Space’ key is used most accounting for 33%, and the next most popularly used key is the ‘e’ key holds 12.7%.
Whereas recent studies of Social Marketing, it has observed that the use of the ‘Caps Lock’ key has reduced by 2% of the time.
Per hour average person hits around 2400 to 3000 button clicks.
The longest left-handed words used on the keyboard are STEWARDESSES and the longest right-handed words are LOLIPOP.
Average keyboard users use their right hand which is equal to 12.6 miles per day.
Only 25% of adults use all 10 fingers while typing.

General Keyboards Statistics

(Source: researchandmarkets.com)

As per the report analysis of Research and Markets, in 2023 the global keyboard market has grown by $9.59 billion with a CAGR of 3.4%
Whereas, the global keyboard market share is expected to reach $10.43 billion by the end of 2027 with a CAGR of 2.1%.
The expected market size of the mechanical keyboard is going to increase by $378.13 million with a CAGR of 6.94% from 2023 to 2028.
According to Business Research Insights, by the end of 2031, global tablet keyboard’ is expected to be $15.7 billion.
Based on the application, the tablet keyboard market is classified into high-end (above $120), low-end (below $80), and regular ($80-$120).
The global market value of computer keyboards resulted in $5.08 billion in 2023 along with a CAGR of 3.9% from 202 to 2029.

By Segmentation

The sales rate of computer keyboards in India is supposed to grow by 2% of CAGR from 2023 to 2033.
As of 2022 based on type the wired keyboard segment has accounted for a market share of 34.5%.
Whereas, in the technology segment market share achieved by radio frequency keyboards was 39.9%.
Over the application segment, the corporate enterprise’s application segment is expected to grow at a CAGR of 1.4% from 2023 to 2033.
North American region accounted for the highest share in the United States covering a market share of 65.4%.
As per CMI report analysis, based on type the global market share of basic keyboard was 67.3% in 2022.

By Revenue

keyboards-worldwide-revenue

(Reference: statista.com)

Global revenue for the keyboard industry reached $4.8 billion, with a growth rate of 3.2%.
Future Projections:
- 2024: Expected revenue is $4.9 billion, marking a growth of 1.7%.
- 2025: Revenue is projected to hit $5 billion, with a growth rate of 1.6%.
- 2026: Anticipated revenue of $5.1 billion, continuing the growth trend at 1.6%.
- 2027: Predicted to reach $5.2 billion in revenue, accelerating growth to 2%.
- 2028: Forecasted revenue of $5.3 billion, with a growth rate of 1.8%.

By Average Revenue Per Capita

keyboards-worldwide-average-revenue-per-capita

(Reference: statista.com)

The average revenue generated by the global keyboard market in 2023 was $0.63 and by the end of 2024, it is expected to be the same resulting in $0.63.
Whereas in coming years, the expected average revenue earned per capita is followed by 2025 ($0.65), 2026 ($0.65), 2027 ($0.65), and 2028 ($0.66).

By Key Player’s Share

(Reference: statista.com)

Logitech Dominance: Holds the largest market share at 39%, leading the global keyboard industry as of June 2023.
Razer’s Position: Secures the second spot with a 10% share, showcasing its strong presence in the gaming and professional sectors.
Microsoft’s Share: Captures 8% of the market, reflecting its broad range of consumer and enterprise keyboard products.
Red Dragon Influence: Claims a 4% share, indicating its growing popularity among budget-conscious gamers.
Apple’s Niche: Holds a 2% share, signifying its focus on the premium market segment.
HP’s Stake: Also at 2%, representing its steady hold within both consumer and professional markets.
Diverse Competition: The remaining 35% is distributed among various other brands, highlighting a competitive landscape with numerous players.

By Sales Channel Statistics

(Reference: statista.com)

August 2023 Sales Channel Split: Offline sales dominated the global keyboard market with a 63.3% share, while online sales accounted for 36.8%.
Projected Changes for 2024: Offline sales are expected to decrease to 58.8%, and online sales to rise to 41.2%.
2025 Forecast: Offline share is predicted to further decline to 53.7%, with online capturing a larger share at 46.3%.
2026 Outlook: The gap narrows with offline sales at 52.2% and online sales increasing to 47.8%.
2027 Prediction: Offline and online sales shares are expected to be nearly equal, at 50.3% and 49.7% respectively.

By Volume Share

keyboards-worldwide-volume

(Reference: statista.com)

According to Statista analysis, 2023 Volume Achieved: The keyboard market reached 253 million units, growing by 3.2% from the previous year.
2024 Forecast: Expected to increase to 257.2 million units, with a growth rate of 1.7%.
2025 Projection: Volume share is anticipated to rise to 261.3 million units, maintaining a growth pace of 1.6%.
2026 Outlook: Predicted to expand to 265.5 million units, with a consistent growth rate of 1.6%.
2027 Expectation: Volume is forecasted to reach 270.7 million units, accelerating growth to 2%.
2028 Prediction: Projected to climb to 275.6 million units, with a growth rate of 1.8%.

By Price Per Unit

keybords-worldwide-price-per-unit

(Reference: statista.com)

By the end of 2023, across the global market of keyboards, the price per unit resulted in $18.18.
On the other side, in coming years the per unit of keyboards is expected to increase which is followed by 2024 ($18.31), 2025 ($18.43), 2026 ($18.55), 2027 ($18.67), and 2028 ($18.79).

By Country-wise Revenue Comparison

computer-keyboard-revenue-worldwide-from-2014-to-2027-by-country

(Reference: statista.com)

Revenue accounted by keyboards in the top 5 countries are followed by China ($1,143 million), United States ($791 million), Brazil ($239.2 million), Japan ($193.4 million), and India ($158.8 million) by the year 2023.
As of 2024 highest revenue is expected to be accounted for by China resulting in $1,170 million with an annual growth of 2.07% of CAGR from 2024 to 2028.
In the United States, the global revenue in the keyboards market is going to reach $790 million.
Furthermore, the rest top 3 countries predicted revenue shares in 2024 are followed by Brazil ($244.6 million) with a CAGR of 2.14% from 2024 to 2028, Japan ($192.7 million) with a CAGR of -0.44% from 2024 to 2028, and India ($163.1 million) with a CAGR of 2.52% from 2024 to 2028.
By 2027, expected revenue accounted by keyboards in the top 5 countries are followed by China ($1,248million), the United States ($805 million), Brazil ($260.7 million), Japan ($190.2 million), and India ($176 million).

By Region

(Source: technavio.com)

In the North American region, the estimated market growth is going to be 39% from 2023 to 2028.
It is expected that the North American region is going to account for $1.0 billion in revenue by 2024, which will increase by 0.3% from last year.
In the Asia Pacific region (APAC) the market size of the keyboard industry is supposed to reach $1.9 billion in 2024 with a CAGR of 1.99% (2024 – 2028).
Furthermore, by 2024 the expected revenue earned by EMEA ($1.5 billion) with a CAGR of 2.40% from 2024 to 2028 and LATAM ($0.6 billion) with a CAGR of 1.71% (2024 – 2028).

By Website Traffic

(Source: similarweb.com)

As of November 2023, the United States of America had 5.2% of total traffic on dsi-keyboard.com, but it recorded in total website visitors by 20.55%.
Other countries recorded the following contribution in total traffic is followed by Senegal = 2.05%, Luxembourg = 2.05%, Turkey = 1.88% (+16.11%), Paraguay = 1.86% (+14.31%), and other countries collectively made around 86.96%.

By Demographics

As per the Zippia report, in the United States keyboard specialist’s statistics by gender are 87.6% (female), and 12.4% (male).
Keyboard specialist statistics by race are followed by White (58.4%), Hispanic or Latino (16.2%), Black or African American (12.9%), Asian (5.7%), American Indian (0.5%), and unknown (6.3%).

By Shipments

From Volza’s Global analysis in 2023, it has been observed that the import and export shipment of keyboards around the world is 1.7 Million with 56.4K buyers and 51.3K suppliers.
The top keyboard importers are India, Vietnam, and the United States with shipments resulting in 293,423 units, 212,301 units, and 121,297 units respectively.
The top 3 product categories of imported keyboards are HSN Code 84713000, HSN Code 84716040, and HSN Code 84716070.
The top keyboard exporters with shipment units are followed by China (568,972), Vietnam (101,730), and Germany (92,135).
The top 3 product categories of exported keyboards are HSN Code 84713000, HSN Code 84716070, and HSN 84716040.
As of 2023, the top 3 global buyers of keyboard statistics by shipment units are Vietnam (7876), India (7758), and the United States (6871).
On the other hand, the top 3 global suppliers of keyboard statistics by shipment units are followed by China (16212), the United States (3719), and Vietnam (2791).

Mechanical Keyboard Statistics

According to the reports of FMI, by 2023 the market valuation of the mechanical keyboard industry has resulted in $1462.3 million and is expected to reach $2,657.1 million by the end of 2033 with a CAGR of 6.2%.
By 2033, the sales valuation of computer keyboards is going to be $57.3 billion with a CAGR of 2.7% from 2023 to 2033.
The industry valuation of computer-aided design is expected to reach $20.03 billion by 2033 with a CAGR of 6.4% from 2023 to 2033.
Based on country-wise insights the expected compound annual growth rate of the mechanical keyboards statistics by countries are followed by the United States (5.6%), Canada (4.3%), India (7.2%), China (6.5%), and United Kingdom (5%) from 2023 to 2033.
Based on category the expected industry share of wireless keyboards is going to reach at a CAGR of 40% and office segment at a CAGR of 45% from 2023 to 2033.

Wireless Keyboard Statistics

In the year 2023, the market valuation of wireless keyboards in 2023 resulted in $ 1.45 billion and is expected to reach $2.7 billion.
The market is estimated to grow at a CAGR of 6.6% from 2023 to 2033.
Across the global PC accessories market in the North American region, the wireless keyboard segment holds a share of 25.7% and in the European region, the market has accounted for an 18.3% share.
The market share of wireless keyboards in the United States of America was having a share of 19.9% by the end of 2022.
On the Other hand, in India, the market is supposed to reach a CAGR of 10.6% followed by China (9.9%) from 2023 to 2033.
Depending on the category, the highest market share was accounted for by the commercial wireless keyboard with 31.8%.

Conclusion

As of today, after completing the article on Keyboard statistics it can be stated that the market share of keyboards is increasing rapidly as this is an integral part of people’s daily lives and the keyboard is thus known as an essential tool for productivity and communication. Along with technological advancement, the usage of keyboards will become more widespread shortly. This statistics includes a much more effective statistical analysis of the keyboard market that is described elaborately above; hope will help in understanding the topic better.