Hardware Support Services Market Size, Growth Analysis, Growth Demands, Forecast to 2033

Overview and Scope

Hardware Support Services refers to preventative and corrective maintenance procedures for hardware, including basic installation, contract maintenance, and per-incident repair.

Sizing and Forecast

The hardware support services market size has grown steadily in recent years. It will grow from $1010.67 billion in 2023 to $1054.01 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to strong economic growth in emerging markets and the low-cost talent pool in emerging markets.

The hardware support services market size is expected to see strong growth in the next few years. It will grow to $1374.88 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to rising demand for cloud-based hardware support services in developing regions, rapid changes in the it infrastructure and increasing usage of existing products will drive market growth.. Major trends in the forecast period include strategic mergers and acquisitions, adoption of cloud computing, implementation of predictive maintenance, adoption of green it, new technological developments..

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Segmentation & Regional Insights

The hardware support services market covered in this report is segmented –

1) By Type: Networking Support Services, Storage And Servers Support Services, Computer And Peripherals Support Services, Other Hardware Support Services
2) By Mode: Offline, Online
3) By Warranty Type: In Warranty, Out Of Warranty

Western Europe was the largest region in the hardware support services market in 2023. North America was the second largest region in the hardware support services market. The regions covered in the hardware support services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

Governments around the world are investing in the creation of smart cities; this is expected to drive the demand for computer hardware products and subsequently hardware support services market during the forecast period. The European Union is actively promoting smart-city initiatives, with funds for research and sustainability targets for member states. 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. The overall smart-city experience involves systems and objects interconnected through various technologies like local, wired and wireless networks. The establishment of smart cities in turn increases the demand for hardware support services.

Key Industry Players

Major companies operating in the hardware support services market report are Intel Corporation, Dxc Technology, Dell Technologies Inc, Cisco Systems, Inc., Telefonaktiebolaget lm Ericsson, Huawei, NEC Corporation, International Business Machines Corporation, Fujitsu Ltd., Oracle Corp, Acer India Pvt. Ltd., Compuage Infocom Ltd., HCL Infosystems Ltd., Hewlett-Packard India Sales Pvt. Ltd., Ingram Micro India Pvt. Ltd., Leisen Electronic Technology, GWIC, T-Systems, Computacenter, GFI Informatique, Barco, Trivago, Mimecast, Accenture, SAP, Capgemini, ATOS, DevsData LLC, Britenet, GTM Plus, Sudolabs, Limestone Digital, CGI IT Czech Republic sro, Star Storage, RITS Professional Services sp. z o o, DSSC Solutions Company, BairesDev, White Prompt, BCA IT, Inc., Emc Computer Systems, MXM Sistemas, CI&T, BIX Technology, Medilab Sistemas, Luby Software, Indicium, e-Core, WAZ, Blue Chip Computer System, Liveware Technologies LLC, Shahico Technologies, 9T9 Information Technology, Purple X Technologies, Hi-Tech Bahrain W.L. L, Team Yamama, Sariya Company Limited, Xyte, Rachip, AVAX Manufacturing, Buzz Cabinet Hardware, Instarect Concrete, Baah Consultant Agency, Ascop Technologies Limited, Iot.nxt, Booboo (TGL)

The hardware support services  market report table of contents includes:

1. Executive Summary

2. Hardware Support Services Market Characteristics

3. Hardware Support Services Product/Service Analysis -Product/Service Examples

4. Hardware Support Services Market Trends And Strategies

5. Hardware Support Services Market – Macro Economic Scenario

…

68. Global Hardware Support Services Market Competitive Benchmarking

69. Global Hardware Support Services Market Competitive Dashboard

70. Key Mergers And Acquisitions In The Hardware Support Services Market

71. Hardware Support Services Market Future Outlook and Potential Analysis

72. Appendix

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