HP agrees to buy Poly to expand its computer peripherals business

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Global Computer Peripheral Equipment Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

The Business Research Company Global Computer Peripheral Equipment Market Report 2022 – Market Size, Trends and Forecast 2022-2026

LONDON, GREATER LONDON, United Kingdom, April 7, 2022 /EINPresswire.com/ — In March 2022, HP agreed to acquire Poly, a leading global provider of workplace collaboration solutions for 1, $7 billion, with a total transaction value of $3.3 billion, including debt. Poly is expected to be part of HP’s personal systems segment, and the company could co-brand products under the HP Poly name. The transaction is expected to close by the end of 2022. Poly is a leader in video conferencing solutions and computing peripherals, including cameras, headsets, voice and software. The acquisition enables the company to provide a comprehensive ecosystem of devices, software and digital services to improve customer experience and workforce productivity. It also improves visibility, information, security and manageability of hybrid work environments for enterprise customers.

The electronics boom sparked by the hybrid work environment has led to increased demand for seamless collaboration technologies in home and business environments. To support hybrid working, a majority of office workers (around 75%) are investing in improving the layout of their home. Additionally, traditional office spaces are also being reconfigured to support new ways of working and collaborating. Currently, there are less than 9 million rooms with video capability out of a total of 90 million rooms worldwide, which is expected to triple the office meeting room solutions segment by 2024.

The acquisition of Poly allows HP to expand its business beyond personal computers and printers into the peripherals market. He will drive the growth and scale of HP’s peripherals and workforce solutions businesses, which are already experiencing healthy growth.

According to the global market model, the global computer peripheral equipment market size is expected to grow from USD 666.29 billion in 2021 to USD 704.73 billion in 2022 at a compound annual growth rate (CAGR) of 5.8 % and continue to grow to reach $839.64 billion in 2026. at a CAGR of 4.5%. The demand for computer peripheral equipment such as storage devices will be mainly driven by a rapid increase in the volume of data generated by personal devices and various business operations across many industries. The total data generated globally is expected to reach 163 zettabytes (ZB) by 2025. In order to handle this growing volume of data, the demand for enterprise and personal storage devices is expected to drive the computer peripheral equipment market during of the forecast period. .

The main types of computer peripheral equipment are mouse, keyboard, monitor, printer and scanner. A mouse is a portable input device used to move the cursor on a computer screen. Computer peripheral equipment can be wired or wireless and is implemented in various fields such as residential and commercial applications.

Among various trends in the global computer peripheral equipment market, portable folding keyboards are becoming increasingly popular owing to their small size and convenience. These keyboards can be connected to devices such as phones, computers and tablets and are the same size as a regular keyboard when unfolded. Portable folding keyboards are generally compatible with all major operating systems such as Windows, Android, and iOS and can be charged using a USB port. Some of the portable foldable keyboards include Microsoft universal foldable keyboard, iClever wireless foldable keyboard, IKOS foldable keyboard.

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