Analyst firm JPR (Jon Peddie Research) has recently released its latest market study report regarding the PC Gaming Hardware business, which consists of personal computers, upgrades, and peripherals used for gaming.
If you want to buy the report, it will cost you $27,500. The report is written by a Senior Analyst Gaming Industry at JPR.
The PC gaming market is currently booming globally due to Covid-19 pandemic lockdown and shelter, as more and more gamers have upgraded and bought new PCs and accessories. Perhaps more importantly, the current situation has actually created millions of new PC gamers looking for immersive, exciting, and economically efficient forms of home entertainment. The entire global PC gaming hardware business has been thriving because of this.
If the PC gaming hardware market has gone up in just 6 months time, then wait till AMD unleashes its new RDNA 2-powered next-gen graphics cards, and NVIDIA its Ampere-based GeForce RTX 3000 series graphics cards. This will further boost up the PC hardware sales and gaming market. PCGHW market sales will increase 10.3% sequentially from last year, according to JPR.
Senior Analyst Gaming Industry at JPR, Ted Pollak, explains:
“The PC Gaming Hardware market is in a rare scenario where every segment is going up. We see a lot of people buying and upgrading personal and company subsidized computers with better parts, with the intention of playing video games. In the Entry-Level, much of this revenue comes from new gamers.”
He added that the 2020 Entry-Level category is forecast to grow 21.7% which is unprecedented and totally unexpected. The Mid-Range has bounced back from a slide; now in positive territory. At the High-End, 1440p+ display sales (spurred by more affordable offerings) created a chain reaction of upgrades as gamers configure rigs for 60+ frames per second.
“Due to TV broadcasting of sim racing events, we are observing an uptick in racing simulation builds. These include a high-performance computer often with premium audio, racing wheel/shifter/pedals, sometimes a racing seat, and other elements. Many of the sim racers are new to the market but have money and spend $2,000 – $5,000 on systems, audio, and accessories.”
Jon Peddie, the president of JPR, chimed in adding:
“COVID-19 has created a big spike in sales for PC gaming products in the near term. The total market is approaching $40 billion in 2020. However, we temper our forecasts for possible economic issues in 2021 and beyond. Forecasts are heavily dependent on consumer confidence. Nevertheless, we still predict growth over five years even in the face of a console cycle. We have improved our accessory analysis this year and added a new category for game recording and streaming products. Studio quality cameras and microphones, capture cards, and personal lighting have become common items for high-end gamers and are making their way down into the mass market.”
Hello, my name is NICK Richardson. I’m an avid PC and tech fan since the good old days of RIVA TNT2, and 3DFX interactive “Voodoo” gaming cards. I love playing mostly First-person shooters, and I’m a die-hard fan of this FPS genre, since the good ‘old Doom and Wolfenstein days.
MUSIC has always been my passion/roots, but I started gaming “casually” when I was young on Nvidia’s GeForce3 series of cards. I’m by no means an avid or a hardcore gamer though, but I just love stuff related to the PC, Games, and technology in general. I’ve been involved with many indie Metal bands worldwide, and have helped them promote their albums in record labels. I’m a very broad-minded down to earth guy. MUSIC is my inner expression, and soul.
Contact: Email
While I agree with this report, I do think it misses how much work from home plays a party in this. Sure, people definitely want to play more games since they’re stuck at home, but the beauty of the PC is that you can also use a good setup for work/productivity needs. Many people are realizing that their ten year old 768p laptop isn’t nearly as good as a dual/triple monitor desktop setup.
I think PC growth will increase at a higher rate than consoles for this reason, even taking into account the upcoming console releases this fall.
Plus the amount of people buying a microphone and webcam for their computer in a panic has certainly contributed.
I think this report only had its focus on the gaming industry market, and not ‘work from home’ criteria, in which people have been doing office or productivity company’s work.from home.
I’ve never had a laptop last anywhere close to 10 years. My sister has one that old but she almost never uses it. It even survived a long fall that cracked the screen but a replacement screen was put in and it’s still working fine.
One thing I will say for Dell is that they make things to last. At least for their business clients. One of the desktops I had at work lasted 11 years before it was replaced and I was using that desktop 5 days a week, 8 hours a day. It was still working fine the day that IT replaced it.
PC gaming FTW ! Death to consoles !
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Hardware its already there the problem nowdays is that the devs are to lazy to make a proper game to run on PC platform and they are forced to rushed out games by the greedy publishers the results are messy frametimes and stutter thats 2020 for you.
like literally having spike lags in 2020 and unoptimized texture streaming solutions in 2020 its just lazy.
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Yeah, but good luck getting the damn parts. Building a machine for my lady. Was gonna build her a ryzen machine, can find CPU but can’t find Mobos. Then I decided to just go with an Intel machine, can find Mobos but CAN’T get CPUs. This is the WORSE time to build a PC. PSU’s & Cpu coolers are also scarce as Fuq! This blasted PLANDEMIC will be the end of us all, i tell ya.
so glad i got my x570 on time now its out of stock everywhere
That’s a good point. I have noticed the shortages as well and some retailers are price gouging. Fortunately I have all I need for a couple of years.
I7 7700k
MSI Z270 Gaming mobo
16GB RAM
RTX 2070 Super
1440p 144 Hz monitor
If nothing dies then I am fine and I’ve had very good luck with hardware not dying.
Hopefully there will be a vaccine for Covid-19 soon. In my city there have been 35 deaths but it’s a small city. It’s killing most economies as well. The Mayor is talking about doing another shut down of non essential businesses and making wearing face masks in public mandatory or it’s a $50 fine. You can get multiple fines on the same day from different cops too even if you show that you were already ticketed.
I don’t think we’re going to see much growth in those 5 years unless hardware manufacturing moves out of China and it’s done quickly.
The price hikes due to Covid restrictions have been ridiculous
glad i got my rtx 2070s months before all this sh***t!! All hail pc master race
Same here, did my build last year during the summer newegg sale. Even then it took me 2 weeks to get the same card you got and I had to get my Ryzen 3700x from Best Buy cause Newegg ran out!
It would be interesting to see what the analyst considered midrange and high end when it comes to GPUs. Most would agree that a RTX 2070 Super is a solid midrange card but some would say that the RTX 2080 Super is high end even though it has the same TU104 chip as the 2070 Super with the same number of transistors and same chip size and same memory bus width. The 2080 Super just has more cores unlocked.
I consider the 2080 Super to be midrange and only the 2080 Ti to be high end but some classify a card based on price rather than hardware specs.