Last May, a study by the Jon Peddie Research group predicted that the PC gaming hardware market would suffer a 7 percent drop in 2009 due in part to the effects of the current worldwide economic recession. Now the same group is announcing that new research shows the market will actually grow this year to $21.26 billion, up 5.6 percent from 2008.

The reversal is due to what the study shows is a "higher than anticipated consumer demand for Enthusiast, Performance, and Mainstream hardware." In addition, the study claims that 2010 will see a massive surge in this category to $27.617 billion, up 30 percent from this year's predicted numbers.