Advancements in Gamepad Market: An Overview of Latest Developments, Size, Share and Trends

A gamepad is a handheld controller equipped with buttons used to provide inputs in video games. Typically, the set of action buttons is managed by the right thumb, while a directional controller is operated by the left thumb.

Originally, gamepads were designed exclusively for game consoles and computers. However, modern gamepads are now easily adaptable for mobile gaming, greatly enhancing the experience for users. Additionally, the potential for games to serve as educational tools for cognitive development is expected to drive growth in the global gamepad industry.

Wired and wireless gaming controllers are commonly used for playing various video game genres such as sports, shooting, and role-playing games. These gamepads are compatible with devices like smartphones, tablets, smart TVs, set-top boxes, Windows PCs, and PlayStation or Xbox game consoles. The surge in popularity of e-sports and competitive gaming, seen in games like FIFA 19, Street Fighter V, and Super Smash Bros, is driving the demand for gamepads globally.

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Increasing Online Gaming and Advanced Technology Drive Gamepad Demand

The emergence of unique multiplayer games, cost-effective internet access, enhanced hardware compatibility, and rising revenues in the gaming industry are propelling gaming activities, thereby increasing the demand for gaming accessories such as gamepads.

Growing smartphone usage has significantly boosted online game sales. Companies are creating gaming consoles aimed at enhancing the gaming experience. Cloud gaming services offered by online gaming companies, like Arcade and Stadia, allow players to access games from various publishers, further spurring the demand for gamepads worldwide.

Game developers in emerging economies are consistently improving gaming experiences by adapting and rewriting codes for different platforms such as PlayStation, Xbox, and Windows PC, delivering a unified product to players via cloud platforms.

The introduction of high-speed broadband connectivity, such as 5G, has also amplified the demand for gamepads globally. As per a GSMA report, 170 mobile operators had launched commercial 5G services by November 2021, achieving a 7% population penetration by the end of that year. This rise in investment in 5G infrastructure is driving the growth of the global gamepad industry.