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PC Gaming Hits All-Time Highest Total Market of $30 Billion

PC Gaming Hits All-Time Highest Total Market of $30 Billion

Ralphy Bonn Sim

The PC gaming hardware acquired its all-time highest total market, setting a new record at $30 billion in 2016, setting a new record. It's been clear that PC gaming is one of the fastest rising industry in this current generation.

Included in the $30 billion are custom-made and ore-built gaming equipment, along with all PC upgrades in terms of new cards, audio systems and accessories. According to a report from research firm Jon Peddie Research (JPR), most of the new data regarding the PC gaming market helped the numbers reach its seven-digit market hits.

The factor that affected 2015's record of $11.3 Billion was the alleged lack of significant console traction and PC gaming culture.According to the report, the Asia-Pacific region has the largest growth area of PC gaming hardware market, while North America and Europe also brought the market to its high-end hardware. As of 2016, entry-level hardware reached up to 22 percent of sales, mid-range hardware acquired 35 percent of sales, and high-end hardware extended up to 43 percent of sales.

Jon Peddie Research (JPR), a technology market research and consulting firm, claimed that the PC gaming hardware market dominates the highest mark. As reported by JPR, the PC gaming hardware market is composed of pre and DIY made gadgets, upgrades, accessories and gaming computers, including audio and input communication systems.

Following the new all-time high, JPR expects PC gaming hardware to grow at a 6 percent Compound Annual Growth Rate (CAGR) by the year 2019. Product designers have given favor to all PC gamers with thousands of options for complete customization. Between all the flight peripherals, PC parts, thin and performance laptops and other accessories, the market is flooded with thousands of choices, and PC players are buying them up.

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