The Computer Hardware Global Market Report 2023 by The Business Research Company, provides computer hardware market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Computer Hardware Global Market Report 2023, the market size is expected to grow from$658.32 billion in 2022 to $705.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computer hardware market is expected to grow to $909.8 billion in 2027 at a CAGR of 6.6%.
The computer hardware market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services, including transportation systems, water supply, and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, and mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human-to-computer interaction. Smart cities use computers and related hardware, thereby benefitting the companies operating in this market. APG Algemene Pensioen Groep N.V. in 2021, announced an additional €500 million ($585 million) to ‘’Smart City Infrastructure Fund’’, for the development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China.
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The computer hardware market is segmented:
1) By Type: Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers
2) By End-User: Household, Commercial
3) By Distribution Channel: Online, Offline
Electrical and electronic waste (e-waste) is currently the largest growing waste stream and rising regulations regarding its recycle and disposal are likely to hinder the growth of the computer hardware market. E-waste is hazardous and expensive to treat in an environmentally sound manner, and there is a general lack of standardized legislation or enforcement regarding e-waste. Close to 50 million tons of e-waste is generated globally every year and this e-waste is generally discarded in the general waste stream. Within these regions, e-waste is recycled using rudimentary techniques. E-waste has adverse environmental and health implications, for example, e-waste represents only 2% of solid waste in landfill globally but it accounts for up to 70% of hazardous materials. Safety and health issues, labor issues and regulatory frameworks related to the management of e-waste can be a threat to this market going forward.
Top Major Players
Dell Technologies Inc.,
HP,
Apple,
Lenovo Group Limited
Samsung Electronics Co.
The computer hardware market report table of contents includes:
- Executive Summary
- Report Structure
- Computer Hardware Market Characteristics
- Computer Hardware Market Product Analysis
- Computer Hardware Market Supply Chain
- Computer Hardware Market Customer Information
- Computer Hardware Market Trends And Strategies
………
- Recommendations
- Appendix
- Copyright And Disclaimer
List Of Tables :
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Computer Hardware Market, 2022, By Region, Value ($ Billion)
Table 4: Global Computer Hardware Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 5: Global Computer Hardware Market, Growth And Market Share Comparison, By Region
………………
Table 120: Global Information Technology Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 121: Global Information Technology Market, 2017-2022, 2022-2027F, 2032F, Segmentation By Type, Value ($ Billion)
Table 122: Global Computer Hardware Market In 2027- Growth Countries
Table 123: Global Computer Hardware Market In 2027- Growth Segments
Table 124: Global Computer Hardware Market In 2027- Growth Strategies
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