Computer Hardware Market Global Insights and Trends to 2030 | HP Inc, Apple Inc., IBM

This report on the global Computer Hardware Market Research Report 2020 is detailed research that helps answer business questions related to competitive intelligence, market analysis, and market trends. It also highlights each of the prominent factors responsible for the growth of the market are; demographics, increasing purchasing power, increasing demand, regulatory policies, product standards, and manufacturing standards.

According to the study, the global computer hardware market is expected to decline from $934.9 billion in 2019 to $897.6 billion in 2020 at a compound annual growth rate (CAGR) of -4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $1036.6 billion in 2023.

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Key Players:

HP Inc; Apple Inc.; IBM, request sample for a complete list of companies.

The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

Summary

North America was the largest region in the global computer hardware market, accounting for 43% of the market in 2019. The Asia Pacific was the second largest region accounting for 29% of the global computer hardware market. Africa was the smallest region in the global computer hardware market.

The Internet of Things (IoT) is emerging as the next big trend in the computer market with the ability to create an impact across the business spectrum. The Internet of Things merged the physical and online worlds to open up to a host of opportunities for companies, governments, and consumers. The IoT is a complex ecosystem with multiple players such as device vendors, communication service providers, software vendors, and IT service providers. For example, the August Smart Lock uses the Internet of Things platform to automatically lock and unlock the front door of a user’s residence, and can also remotely grant access to guests, friends or staff.

The computer hardware market consists of sales of computer hardware by entities (organizations, sole traders and partnerships) that produce computer hardware including digital equipment for everyday use in homes and for performing day to day activities in offices, such as personal computers (PCs) laptops and tablets, computer storage devices, peripheral equipment, system design services, and related services. The computer hardware market includes servers and processors but does not include embedded systems used in automobiles and manufacturing plants.

Markets Covered:

1) By Type: Computer Peripheral Equipment; Computer Storage Devices And Servers; Computers
2) By End-User: Household; Commercial
3) By Distribution Channel: Online; Offline

Market Segment by Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

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Frequently Asked Questions about “Computer Hardware market” :

What will the Computer Hardware market size/ forecast be in 2030?
What is the growth rate (CAGR) of the Computer Hardware market?
Who are the key players/top companies in the Computer Hardware market?
What are the key market trends (Strength Weaknesses Opportunities Threats Analysis) driving the global Computer Hardware market?
What are the challenges to growth and the new opportunities in the Computer Hardware market?
Which is the highest growing region or country for the Computer Hardware market?
Which is the top growing segment/application/end-user industry?
What will be the impact of COVID-19 Pandemic (Coronavirus) on the industry?

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.

Note:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on the industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.