Cyberhand Robotics Corporation is a leading computer peripheral design company specializing in innovative wireless ergonomic products for mobile and desktop users.
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The markets for the Company's products are huge
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The company offers two broad categories of products for sales
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Cyberhand Robotics has developed a series of advanced pointing devices, mice, game and 3D tactical controllers, that were designed from the ground up to combat the growing problem of RSI injuriesLearn More
Markets
The markets for the Company's products are huge consisting of:
Computer Game Controller Market
- The market for Cyberhand controllers is composed primarily of worldwide computer gamers
- Geographically, the largest market is the United States with Canada included.
- The target market is comprised of online gamers who are mostly males aged 18 to 26. It is expected that younger and older gamers, as well as women, will increasingly play online.
- The computer gaming peripherals market is estimated to be $6 billion in the US alone and growing at 34% year over year.
- The industry for computer mice currently follows the general trends for the PC Industry since 70% of the yearly mouse volume is comprised of pull-through Original Equipment Manufacturers ("OEM") integrated PC sales, with the remaining 30% reflecting standalone retail after-market sales.
- Of the OEM PC volume, 75% reflects desktop computer sales which count directly toward mouse volume where 20% of buyers elect a mouse upgrade which adds 40%-60% OEM margin from a mouse ranging in price from $30 to $60.
- The retail growth rates for mice continue to outpace the OEM growth rates in both volume and margin reflecting the buying interest to upgrade PC components in an attempt to further performance and productivity yields from existing PC platform investments.
- In 2006 it is estimated that 53.8 million computer mice will be sold in the US with a retail value of $570 Million.