Computer And Peripherals Support Services Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Computer And Peripherals Support Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Computer And Peripherals Support Services Global Market Report 2024, The computer and peripherals support services market size has grown steadily in recent years. It will grow from $40.97 billion in 2023 to $41.82 billion in 2024 at a compound annual growth rate (CAGR) of 2.1%. The growth in the historic period can be attributed to pc penetration rates, business IT spending, globalization of businesses, software evolution, customer awareness and education.

The computer and peripherals support services market size is expected to see steady growth in the next few years. It will grow to $49.42 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to remote workforce dynamics, cybersecurity concerns, cloud computing adoption, data privacy regulations, sustainability and green IT. Major trends in the forecast period include e-commerce and digital transformation, emerging technologies, technological advancements, remote monitoring and management (RMM), adoption of cloud-based support solutions.

The rise in the use of computers is expected to propel the growth of the computer and peripheral support services market going forward. A computer is a programmable electrical device that takes raw data as input and processes it using a set of instructions (a program) to produce the output. Computers’ usefulness is based on their ability to store and access massive amounts of data that can be accessed in the future. Thus, the increase in the use of computers will positively impact the computer and peripheral support services market. For instance, in January 2021, according to an article published by Gartner, Inc., a US-based management consulting company, in the third quarter of 2021, worldwide PC shipments totaled 84.1 million units, a 1% increase over the third quarter of 2020. Therefore, the rise in the use of computers is driving the growth of the computer and peripheral support services market.

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The computer and peripherals support services market covered in this report is segmented –

1) By Connectivity: Wired, Wireless

2) By Device Type: Input Devices, Output Devices, Storage Devices

3) By Distribution Channel: Supermarkets Or Hypermarkets, Brand Stores, Online Stores, Other Distribution Channels

4) By End-user: Commercial, Residential

Major companies in the computer and peripherals support services market are focused on developing advanced programs, such as services programs, to enhance their consumer electronics offerings and gain a competitive edge in the market. A services program is a comprehensive offering that provides specific solutions, support, or assistance, often designed to meet customer needs in a specific domain. For instance, in August 2021, Walmart, a US-based retail corporation, launched the Tech Services program, offering 24/7 remote support, device repair, and setup, both in stores and homes, as direct competition to Best Buy’s Geek Squad. The service, initially tested in select stores, includes a partnership with McAfee and True Network Solutions. Customers can opt for services or a per-year membership, encompassing one year of McAfee virus protection, tech coaching, unlimited virus removal, 24/7 tech support, troubleshooting, repairs, and PC tune-ups.

The computer and peripherals support services market report table of contents includes:

Executive Summary
Computer And Peripherals Support Services Market Characteristics
Computer And Peripherals Support Services Market Trends And Strategies
Computer And Peripherals Support Services Market – Macro Economic Scenario
Global Computer And Peripherals Support Services Market Size and Growth

Global Computer And Peripherals Support Services Market Competitive Benchmarking
Global Computer And Peripherals Support Services Market Competitive Dashboard
Key Mergers And Acquisitions In The Computer And Peripherals Support Services Market
Computer And Peripherals Support Services Market Future Outlook and Potential Analysis
Appendix

Top Major Players: