Hardware Support Services Global Market Report 2022 -Industry Analysis, Size, Share, Growth, Trends, And Forecast 2031
The hardware support services global market report by the business research company identifies governments around the world are investing in the creation of smart cities to be a major growth driver for the hardware support services market. Governments around the world are investing in the creation of smart cities; this is expected to grow 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.
The global hardware support services market grew from $912.82 billion in 2021 to $1,032.35 billion in 2022 at a compound annual growth rate (CAGR) of 13.1%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The hardware support services market is expected to grow to $1,503.11 billion in 2026 at a CAGR of 9.8%.
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Western Europe was the largest region in the hardware support services market in 2021. North America was the second largest region in the hardware support services market. The regions covered in the hardware support services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major companies in the hardware support services market include Intel Corporation, Dxc Technology, telefonaktiebolaget lm ericsson, International Business Machines Corporation, Dell Technologies Inc., Cisco Systems, Inc., Huawei, NEC Corporation, Fujitsu Ltd.
The global hardware support services market is segmented -
1) By Type: Computer And Peripherals Support Services, Storage And Servers Support Services, Networking Support Services, Other Hardware Support Services
2) By Mode: Online, Offline
3) By Warranty Type: In Warranty, Out of Warranty.
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The Hardware Support Services Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Hardware Support Services Market Characteristics
4. Hardware Support Services Market Product Analysis
5. Hardware Support Services Market Supply Chain
20. Hardware Support Services Market Competitive Landscape
21. Key Mergers And Acquisitions In The Hardware Support Services Market
22. Market Background: IT Services Market
This report covers the trends and market dynamics of the Hardware Support Services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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