Press release
Computers Global Market Size, Share, Price, Emerging Trends, Growth Drivers, Analysis, Report and Forecast 2024-2033 | The Business Research Company
Computers Global Market
The Business Research Company presents an extensive market research report on the Computers Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The computers market size has grown strongly in recent years. It will grow from $423.24 billion in 2023 to $448.76 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to growing consumer demand, enterprise it spending, global economic conditions, government initiatives, innovation in design.
The computers market size is expected to see strong growth in the next few years. It will grow to $603.91 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to cybersecurity concerns, sustainability initiatives, quantum computing developments, evolving form factors. Major trends in the forecast period include internet of things (iot), edge computing integration, ai and machine learning integration, hybrid cloud solutions, customization and personalization.
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Key Market Players:
Major companies operating in the computers market report are Inventec Corp., Apple Inc., Alphabet Inc. (Google), Samsung Electronics Co. Ltd., Microsoft Corporation, Hon Hai Precision Industry, Dell Technologies Inc., Lenovo Group Limited, HP Inc., TD Synnex Corp., Pegatron Corp, Quanta Computer, Hewlett Packard Enterprise Co., NVIDIA Corporation, Insight Enterprises Inc., NetApp Inc., Cambex Corp., Logitech International SA, Super Micro Computer Inc., Scansource Inc., PC Connection Inc., Canaan Inc., 3D Systems Corp., Key Tronic Corp., Climb Global Solutions Inc., AstroNova Inc., One Stop Systems Inc., TransAct Technologies Inc., Radcom Ltd., Ebang International Holdings Inc.
Market Drivers:
The computer 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, 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. announced an investment of €250 million in "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.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/computers-global-market-report
The computers market covered in this report is segmented -
1) By Type: PCs, Laptops, Tablets, Other Computers
2) By Distribution Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)
3) By Application: Household, Commercial
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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