Press release
Hardware Support Services Market to Witness Huge Growth by 2030: Cisco Systems, Hitachi, Fujitsu
Hardware Support Services Market
Key Players in This Report Include: IBM Corporation (United States), Hewlett Packard Enterprise (HPE) (United States), Dell Technologies Inc. (United States), Cisco Systems, Inc. (United States), Fujitsu Limited (Japan), Oracle Corporation (United States), DXC Technology (United States), Lenovo Group Limited (China), Hitachi, Ltd. (Japan), NEC Corporation (Japan)
According to HTF Market Intelligence, the global Hardware Support Services market is valued at USD 75 Billion in 2023. It is estimated to reach a revenue of USD 150 Billion by 2030, with a CAGR of 9% from 2023 to 2030.
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Definition:
Hardware support services provide maintenance and technical assistance for physical IT equipment. This includes diagnosing hardware faults, troubleshooting, and ensuring uptime for critical systems such as servers, networking devices, and personal computers. It plays a crucial role in businesses' IT operations.
Market Trends:
Shift toward predictive maintenance using AI and IoT technologies.
Market Drivers:
Increasing reliance on IT hardware for critical business operations across industries.
Market Opportunities:
Growth of remote troubleshooting services to minimize costs and response times.
Fastest-Growing Region:
APAC, North America
Dominating Region:
North America, Europe, APAC
Market Leaders & Development Strategies:
In 2024, IBM is set to acquire HashiCorp, a leading provider of infrastructure automation software, for $6.4 billion. This acquisition will strengthen IBM's hybrid cloud platform, enhance its capabilities in managing multi-cloud environments, and offer more comprehensive hardware and software lifecycle management solutions.
In 2024, Wipro and IBM have extended their multi-year partnership to deliver advanced AI solutions. This collaboration is aimed at improving enterprise infrastructure and support services, particularly through the integration of IBM's Watsonx AI platform to enhance operational efficiencies and accelerate AI adoption.
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The Global Hardware Support Services Market segments and Market Data Break Down are illuminated below:
Hardware Support Services Market is Segmented by Service Type (Repair and Maintenance Services, Installation and Configuration Services, Technical Support and Troubleshooting, Warranty and Extended Warranty Services, Managed Services, Others) by Hardware Type (Desktops and Laptops, Storage Devices, Networking Equipment, Printers and Peripherals, Mobile Devices, Others) by Enterprise Size (Small and Medium-Sized Enterprises (SMEs), Large Enterprises) by End-User Industry (IT and Telecommunications, BFSI (Banking, Financial Services, and Insurance), Healthcare, Manufacturing, Retail, Government and Public Sector, Education, Others) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
Global Hardware Support Services market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Hardware Support Services market by value and volume.
• -To estimate the market shares of major segments of the Hardware Support Services
• -To showcase the development of the Hardware Support Services market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Hardware Support Services market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Hardware Support Services
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Hardware Support Services market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲: https://www.htfmarketintelligence.com/report/global-hardware-support-services-market
Major highlights from Table of Contents:
Hardware Support Services Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Hardware Support Services market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Hardware Support Services Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Hardware Support Services Market Production by Region Hardware Support Services Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Hardware Support Services Market Report:
• Hardware Support Services Overview, Definition and Classification Market drivers and barriers
• Hardware Support Services Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Hardware Support Services Market
• Hardware Support Services Capacity, Production, Revenue (Value) by Region (2023-2030)
• Hardware Support Services Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Hardware Support Services Production, Revenue (Value), Price Trend by Type {Repair and Maintenance Services, Installation and Configuration Services, Technical Support and Troubleshooting, Warranty and Extended Warranty Services, Managed Services, Others}
• Hardware Support Services Manufacturers Profiles/Analysis Hardware Support Services Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
• How feasible is Hardware Support Services market for long-term investment?
• What are influencing factors driving the demand for Hardware Support Services near future?
• What is the impact analysis of various factors in the Global Hardware Support Services market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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