More people are upgrading their PCs to play video games, a new market study reveals, and sales of PC gaming hardware are on the rise, according to a report released by Jon Peddie Research. A large part of the reason for this is that people are spending more time indoors, meaning that many people are upgrading their personal and even work PCs to accommodate gaming.

PC gaming sales have been on the rise due to blockades and evacuation orders around the world, reportedly "creating millions of new PC gamers." As a result, overall industry sales are expected to increase 10.3% y/y.

"The PC gaming hardware market is in a rare scenario where all segments are on the rise," says senior analyst Ted Pollak. Many people are buying and upgrading their personal or company-subsidized computers with better parts for the purpose of playing video games." At the entry level, much of this revenue comes from new gamers.

Many people seem to be looking at gaming as a valuable way to spend their time. The entry-level category is projected to grow 21.7% in 2020, mid-range PCs are on the rise again after a decline, and high-end gaming PC parts are sought after to support 1440p monitors with high refresh rates.

But it is not just new gamers who are taking the time to upgrade their rigs. An increasing number of sim racing simulations are reported to be built, often with full wheel, pedal, and seat setups. Many of them are newcomers to the sim racing market, who can spend $5,000 or more for a system and are getting involved "because of televised sim racing events." [The PC gaming hardware market is reported to be approaching $40 billion by 2020, and while the momentum may diminish as we all return to a relatively normal life and get back to the great outdoors, interest in gaming will continue to grow as will recording and streaming technology, as well as recording and streaming technology, are expected to remain on the rise.