CORSAIR CEO Cites New Survey Showing 84% of 2020 High-Spend PC Builders to Upgrade in 2024/2025
October 19 2023 - 9:00AM
Business Wire
CORSAIR® (NASDAQ: CRSR), a world leader in high-performance gear
for gamers and content creators, today shared compelling results
from a new DFC Intelligence Survey, indicating strong upside
potential to the PC hardware and components market over the next
two years. According to the DFC survey, 84% of PC enthusiasts and
gamers who built PC systems in 2020 within the high-spend segment
plan to either build or buy new PCs over the next 24 months. These
findings underscore the strength of the expected surge in consumer
demand within Corsair's key PC hardware markets.
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High Spend Segment ($2,000+ Annual Spend
on PC Gaming): Percentage of PC enthusiasts planning to
purchase/build a new gaming PC within the next 1–2 years. (Graphic:
Business Wire)
The survey, conducted by DFC Intelligence to study spending
habits of PC gaming enthusiasts, polled over 1,000 PC builders and
buyers, asking “When do you plan on your next PC build or
purchase?” as well as how much respondents spent annually on gaming
and associated hardware. DFC found that 60% of respondents who
built PCs in 2019 expressed intentions to build or purchase new
systems in the next two years. This number rose to a staggering 84%
amongst those who built PCs during COVID lockdown and who typically
invest $2,000 or more annually in their gaming passion.
Andy Paul, Chief Executive Officer of CORSAIR, stated, “We have
been saying for some time that gamers who built gaming PCs and
bought peripherals during the pandemic, would likely upgrade again
in the usual 3–4 year refresh cycle. The findings from DFC agree
with this hypothesis and point to robust demand for PC hardware in
2024, which we expect CORSAIR to directly benefit from. We are
well-positioned thanks to our industry-leading portfolio of
products designed specifically for the gaming market, ranging from
DIY kits to high-performance components and peripherals. Corsair
helps gamers game better and look better while playing.”
For further information on the survey, please contact DFC
Intelligence
https://www.dfcint.com
About CORSAIR
CORSAIR (NASDAQ:CRSR) is a leading global developer and
manufacturer of high-performance gear and technology for gamers,
content creators, and PC enthusiasts. From award-winning PC
components and peripherals to premium streaming equipment, smart
ambient lighting, and esports coaching services, CORSAIR delivers a
full ecosystem of products that work together to enable everyone,
from casual gamers to committed professionals, to perform at their
very best.
About DFC
DFC Intelligence was established in 1994 and its core team has
over 100 years of combined experience in the game and digital media
industry. DFC has done major research and consulting projects for
most of the largest companies involved in the industry. Over 300
companies in over 30 countries worldwide have bought our syndicated
research reports and or engaged our consulting and advisory
programs.
In addition to its own internal gaming panel that regularly
surveys for insights into trends, opinions, usage, and emerging
opportunities, DFC Intelligence partners with leading data
providers to provide full or summarizations of complex data sets to
help investors, executives, and decision-makers make high-level
strategic moves. DFC avoids the latest hype and helps clients
understand the data to find real market opportunities.
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version on businesswire.com: https://www.businesswire.com/news/home/20231019937901/en/
Investor Relations Contact: Ronald van Veen ir@corsair.com
510-578-1407
Media Contact: David Ross david.ross@corsair.com +44 11 8208
0542
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