Press release
Computer And Peripherals Support Services Market 2024 Industry Insights, Business Growth, Trends And Forecast To 2033
The Business Research Company presents an extensive market research report on the Computer And Peripherals Support Services 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 computer and peripherals support services market size has grown steadily in recent years. It will grow from $40.97 billion in 2023 to $41.82 billion in 2024 at a compound annual growth rate (CAGR) of 2.1%. The growth in the historic period can be attributed to pc penetration rates, business IT spending, globalization of businesses, software evolution, customer awareness and education.
The computer and peripherals support services market size is expected to see steady growth in the next few years. It will grow to $49.42 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to remote workforce dynamics, cybersecurity concerns, cloud computing adoption, data privacy regulations, sustainability and green IT. Major trends in the forecast period include e-commerce and digital transformation, emerging technologies, technological advancements, remote monitoring and management (RMM), adoption of cloud-based support solutions.
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Key Market Players:
Major companies operating in the computer and peripherals support services market report are Apple Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Facebook Inc., Meta Platforms Advertising Services, Dell Inc., Hitachi Ltd., Siemens AG, General Electric Company, Lenovo Group, Intel Corporation, Hewlett-Packard Inc., International Business Machines Corporation(IBM), Cisco Systems Inc., Oracle Corporation, Fujitsu Limited, SAP SE, Canon Inc., NEC Corporation, Tata Consultancy Services Limited, Toshiba Corporation, Cognizant Digital Business, DXC Technology IT Transformation Services, Atos Managed Services, Seiko Epson Corporation, Ricoh Company, Logitech International S.A., Egyptian Maintenance Company (EMC), Wipro Infrastructure Engineering Services
Market Drivers:
The rise in the use of computers is expected to propel the growth of the computer and peripheral support services market going forward. A computer is a programmable electrical device that takes raw data as input and processes it using a set of instructions (a program) to produce the output. Computers' usefulness is based on their ability to store and access massive amounts of data that can be accessed in the future. Thus, the increase in the use of computers will positively impact the computer and peripheral support services market. For instance, in January 2021, according to an article published by Gartner, Inc., a US-based management consulting company, in the third quarter of 2021, worldwide PC shipments totaled 84.1 million units, a 1% increase over the third quarter of 2020. Therefore, the rise in the use of computers is driving the growth of the computer and peripheral support services market.
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https://www.thebusinessresearchcompany.com/report/computer-and-peripherals-support-services-global-market-report
The computer and peripherals support services market covered in this report is segmented -
1) By Connectivity: Wired, Wireless
2) By Device Type: Input Devices, Output Devices, Storage Devices
3) By Distribution Channel: Supermarkets Or Hypermarkets, Brand Stores, Online Stores, Other Distribution Channels
4) By End-user: Commercial, Residential
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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