Navigating the Computer Peripheral Device Market: Four Stocks Poised for Growth

The computer peripheral equipment sector is experiencing a notable resurgence, driven by evolving consumer preferences and expanding technological applications. Within this dynamic landscape, four companies—Logitech LOGI, LG Display LPL, Identiv INVE, and TransAct Technologies TACT—are positioned to capitalize on accelerating demand across multiple segments.

Understanding the Peripheral Device Sector

A peripheral device encompasses the diverse hardware ecosystem surrounding computing platforms. This includes input devices like keyboards and mice, display technologies such as LCD panels and smart glass, and specialized equipment ranging from 3D printers to RFID solutions. Gaming peripherals—including advanced mice, headsets, and controllers—represent a particularly vibrant segment, while transaction-based printers serve critical functions in point-of-sale and financial services environments.

The sector’s competitive intensity is driving continuous innovation, with participants investing aggressively to develop products aligned with emerging market demands. This focus on differentiation strengthens overall industry capabilities and product quality.

Market Fundamentals Point to Sustained Growth

The global computer peripherals equipment market reflects robust expansion potential, with projections suggesting growth from $162.9 billion in 2025 to $183.53 billion by 2029—representing a 3% compound annual growth rate. This expansion is underpinned by deepening market penetration in price-sensitive regions, particularly across Asia Pacific and Middle East & Africa, where cost-effective, quality products are gaining traction.

PC Refreshment Cycles and AI Integration

A pivotal catalyst emerging in the near term involves the convergence of accelerating personal computer shipments with heightened enterprise interest in on-device artificial intelligence capabilities. The Windows 11 upgrade cycle continues to generate replacement demand, benefiting peripheral equipment manufacturers. Recent data from International Data Corporation confirms eight consecutive quarters of expanded PC shipments, suggesting the peripheral device market will experience corresponding momentum.

Gaming and Professional Peripherals

The shift from casual mobile gaming toward professional esports experiences is reshaping consumer preferences. Rising esports league popularity and the launch of sophisticated gaming peripherals are expanding the total addressable market. Simultaneously, 3D printing adoption across medical, aerospace, and automotive sectors presents substantial long-term opportunities as enterprises increasingly leverage these technologies for prototyping and customized solutions.

RFID Technology Deployment

Radio Frequency Identification technology adoption is accelerating across retail, healthcare, and logistics industries. This expansion creates tailwinds for companies specializing in IoT and RFID-enabled solutions, as organizations seek to enhance operational efficiency and customer experience through automated tracking capabilities.

Individual Stock Assessment

Identiv dominates the RFID and Internet of Things space, leveraging intellectual property expertise and recent design agreement wins to drive revenue expansion. The company’s 2026 projected loss has narrowed to 70 cents per share from 90 cents projected 60 days prior, signaling improving financial trajectory. Carrying a Zacks Rank #2 (Buy) rating, the stock has declined 7.8% over the trailing 12-month period, presenting a contrarian entry point.

TransAct Technologies manufactures transaction-based printing solutions serving five vertical markets through brands including BOHA, AccuDate, Epic, and Ithaca. Accelerating digital transformation and business automation initiatives across organizations are driving demand expansion. The company’s 2026 projected loss has contracted to 5 cents per share from 7 cents 60 days ago. As a Zacks Rank #2 company, the stock has fallen 8.5% annually, yet fundamentals show improvement.

Logitech represents the established market leader in PC peripherals and digital platform accessories. The company has demonstrated six consecutive quarters of year-over-year sales growth following the post-pandemic downturn, restoring investor confidence in its recovery trajectory. Hybrid work adoption, partnerships with cloud providers including Zoom Video and Microsoft, and mobile platform expansion are sustaining demand for its keyboard, pointing device, and video collaboration offerings. Upward earnings revisions of 11.3% over 60 days reflect analyst confidence, with 2026 earnings consensus positioned at $5.61 per share. Shares have appreciated 24.5% over the past year, though the Zacks Rank #3 (Hold) rating warrants selective accumulation.

LG Display manufactures thin-film transistor liquid crystal display panels across television, notebook, desktop, and industrial applications. The company benefits directly from sustained PC shipment expansion, with healthy demand from multinational original equipment manufacturers and enterprises. The 2026 earnings consensus has been revised upward by 3 cents to 27 cents per share. Year-to-date appreciation of 36.6% reflects strong momentum, though current valuation merits careful assessment.

Market Valuation and Competitive Positioning

Trading at 0.87X forward 12-month price-to-sales, the computer peripheral equipment industry demonstrates significant valuation discount relative to the S&P 500 at 5.31X and the broader Computer and Technology sector at 6.64X. This valuation gap, combined with the industry’s Zacks Industry Rank of #32 (positioning in the top 13% of Zacks-tracked industries), suggests constructive risk-reward dynamics.

Over the trailing 12 months, the industry has delivered 25.2% returns, outpacing the S&P 500’s 20.1% but underperforming the sector’s 27.9% appreciation. The five-year trading range spanning 0.20X to 4.81X (median 0.75X) provides historical context for current valuation assessment.

Headwinds and Execution Challenges

Several challenges warrant consideration. Elevated interest rates and persistent inflationary pressures are constraining consumer spending and delaying enterprise IT budget allocation. Geopolitical tensions and prospective tariff policy changes on import products may increase input costs and compress margins.

Competitive intensity necessitates elevated research and development investment and expanded sales force capabilities, pressuring near-term profitability despite revenue growth. Navigating this operational complexity while maintaining margin discipline will distinguish outperformers within the sector.