## 4 Peripheral Device Stocks Capitalizing on Booming Hardware Accessory Market

The computer peripheral equipment landscape is experiencing a notable transformation. **Identiv**, **TransAct Technologies**, **Logitech**, and **LG Display** are emerging as key players positioned to capitalize on expanding demand for professional gaming hardware, IoT solutions, display panels, and transaction-based systems.

### Why Peripheral Device Innovation Matters Right Now

The resurgence in personal computer shipments marks a turning point for the entire peripheral device ecosystem. Beyond traditional keyboards and mice, the sector encompasses RFID-enabled IoT platforms, 3D printing solutions, smart display technology, and gaming-grade accessories. This diversification is creating multiple revenue streams across the industry.

E-sports adoption continues accelerating, with gaming peripherals experiencing unprecedented demand. Simultaneously, the 3D printing revolution is reshaping industries from healthcare to aerospace, where customized, cost-effective manufacturing solutions are replacing traditional approaches. Add to this the explosive growth in RFID technology for retail automation and supply chain optimization, and you have a sector firing on multiple cylinders.

### Market Size Explosion Ahead

According to recent market research, the global computer peripherals equipment sector is projected to reach $183.53 billion by 2029, up from $162.9 billion in 2025—a compound annual growth rate of 3%. This expansion is fueled by deeper penetration into price-sensitive markets like Asia Pacific and Middle East & Africa, where high-quality, affordable peripheral device solutions are gaining traction.

### The Four Stocks Worth Your Attention

**Identiv** (INVE, Zacks Rank #2) dominates the RFID and IoT landscape with expanding product portfolios and secured design agreements. The consensus estimate for 2026 shows losses narrowing to 70 cents per share from 90 cents projected 60 days earlier. Despite a 7.8% annual decline, the company's technical expertise in RFID intellectual property positions it as a long-term opportunity.

**TransAct Technologies** (TACT, Zacks Rank #2) manufactures transaction printers under brands like BOHA, AccuDate, and Ithaca. Benefiting from accelerated digital transformation across five vertical markets, the company's 2026 loss estimate has improved to 5 cents per share versus 7 cents previously. Stock performance: down 8.5% annually.

**Logitech** (LOGI, Zacks Rank #3) remains the global peripheral device powerhouse. Six consecutive quarters of year-over-year sales growth mark a decisive recovery from pandemic downturns. Strong partnerships with Zoom and Microsoft, combined with hybrid work adoption, are driving demand for video collaboration and wireless pointing devices. Earnings estimates for fiscal 2026 jumped 11.3% to $5.61 per share over 60 days. Annual gain: 24.5%.

**LG Display** (LPL, Zacks Rank #3) benefits from accelerating PC refresh cycles and robust smartphone sales. The company supplies LCD panels to major manufacturers and has seen eight consecutive quarters of increasing PC shipments. The 2026 earnings estimate stands at 27 cents per share, revised upward by 3 cents. Stock surge over 12 months: 36.6%.

### Industry Valuation & Performance Context

The Computer Peripheral Equipment industry carries a Zacks Industry Rank of #32, placing it in the top 13% among 250 industries. This ranking reflects strong aggregate earnings outlook among constituent companies.

Performance metrics tell an interesting story: The industry surged 25.2% over the trailing 12 months, outpacing the S&P 500's 20.1% gain while slightly lagging the broader Computer and Technology sector's 27.9% advance. However, valuation offers compelling opportunity. Trading at 0.87X forward 12-month P/S ratio, the sector sits well below the S&P 500 (5.31X) and the tech sector (6.64X). Historical range over five years: 0.20X to 4.81X, with a median of 0.75X.

### Headwinds & Opportunities

Rising interest rates and inflationary pressures are dampening consumer spending, while enterprises delay major IT investments due to geopolitical uncertainty. U.S. tariff policies on imports threaten to increase costs across the supply chain. Additionally, elevated R&D and sales expenses as competitors battle for market share could pressure profitability in the near term.

Yet these challenges underscore why peripheral device specialists matter: as organizations modernize infrastructure and embrace new technologies, dependable hardware solutions become non-negotiable. The PC refresh cycle alone represents substantial tailwind for the sector.

### The Bottom Line

The computer peripheral equipment space reflects a classic market dynamic—solid fundamentals meeting reasonable valuations. With the industry ranked in the top 13% of Zacks-rated sectors and key players posting improving earnings estimates, peripheral device specialists are worth adding to your watchlist.