During Logitech's Q3 2022 earnings call$LOGI, management highlighted twice the strength they're seeing for gaming peripherals. Gaming was one of the biggest beneficiaries of COVID-19, and it appears the momentum has continued.
"We continued our strong momentum in gaming even after having exceptional revenue growth last year. We've been telling you that gaming is no longer a fringe hobby for a small group of customers for a long time. According to New Zoo, there are now 3 billion gamers worldwide. And whether you game for fun or competitively, our peripherals improve your experience."
"Gaming grew 8% off of our 73% growth last year. And with better supply and gaming wheels, the category would have grown double digits this quarter."