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The Growing Role Of Artificial Intelligence In Data Recovery Solutions Trend: A Crucial Influence on the Hardware Support Services Market's Transformation in 2025
Hardware Support Services
Investments by governments worldwide in the development of smart cities are projected to boost the demand for computer hardware products and hence, the hardware support services market in the future. The European Union is actively advocating for smart-city projects, providing research funding and setting sustainability goals for its member countries. The smart cities concept is also gaining traction in developing countries. For instance, over 1,000 smart city trial projects are ready or being built globally, and roughly 500 of these are situated in China. The comprehensive smart-city experience involves linking systems and objects through various technologies, including local, wired, and wireless networks. The creation of smart cities, in turn, fuels the demand for hardware support services.
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What Is the projected market size and growth rate for the hardware support services market?
In recent times, the market size for hardware support services has noticeably expanded. The market is predicted to escalate from $1032.21 billion in 2024 to a staggering $1103.48 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.9%. The significant growth during the historic period resulted from robust economic expansion in emerging markets combined with the affordable talent pool available in these markets.
The market size of hardware support services is predicted to witness significant expansion in the upcoming years, with an estimated value of $1486.97 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.7%. This potential expansion during the forecast period can be traced to factors like increasing demand for cloud-based hardware support services from emerging regions, swift transformations in infrastructure, and the rising usage of existing products that are set to propel market growth. Key trends that are projected to occur in the forecast period encompass strategic mergers and acquisitions, adoption of cloud computing, the implementation of predictive maintenance, the uptake of green IT, and advancements in technology.
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What are the most significant trends transforming the hardware support services market today?
Cloud-based software programs are increasingly being embraced by corporations across a variety of sectors due to their ability to negate the need for physical storage spaces for software deployment. Essentially, cloud computing involves a vendor hosting a software application on a distant server, which customers can then access via the internet. The continual growth of cloud computing services has led to a rising demand for cloud data recovery tools. This is largely because cloud data storage, although convenient, is vulnerable to cyber attacks and malware. Kroll Ontrack, for example, provides SharePoint and SQL server cloud data recovery services.
What major market segments define the scope and growth of the hardware support services market?
The hardware support services market covered in this report is segmented -
1) By Type: Networking Support Services, Storage And Servers Support Services, Computer And Peripherals Support Services, Other Hardware Support Services
2) By Mode: Offline, Online
3) By Warranty Type: In Warranty, Out Of Warranty
Subsegments:
1) By Networking Support Services: Network Installation Services, Network Monitoring And Management, Network Security Services, Wireless Network Setup And Support
2) By Storage And Servers Support Services: Data Backup And Recovery Services, Storage Management And Optimization, Server Installation and Configuration, Server Maintenance And Upgrades
3) By Computer And Peripherals Support Services: Hardware Repair And Replacement, Peripheral Device Support, Software Installation And Troubleshooting, Technical Support For End-User Devices
4) By Other Hardware Support Services: Equipment Rental And Leasing Services, Consulting Services For Hardware Solutions, Warranty And Maintenance Plans, On-Site And Remote Technical Support
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Which region dominates the hardware support services market?
Western Europe was the largest region in the hardware support services market in 2024. North America was the second largest region in the hardware support services market. The regions covered in the hardware support services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the hardware support services industry growth?
Major companies operating in the hardware support services market include Intel Corporation, Dxc Technology, Dell Technologies Inc, Cisco Systems, Inc., Telefonaktiebolaget lm Ericsson, Huawei, NEC Corporation, International Business Machines Corporation, Fujitsu Ltd., Oracle Corp, Acer India Pvt. Ltd., Compuage Infocom Ltd., HCL Infosystems Ltd., Hewlett-Packard India Sales Pvt. Ltd., Ingram Micro India Pvt. Ltd., T-Systems, Computacenter, GFI Informatique, Barco, accenture*, Capgemini, ATOS, DevsData LLC, Britenet, GTM Plus, Sudolabs, Limestone Digital, CGI IT Czech Republic sro, Star Storage, RITS Professional Services sp. z o o, DSSC Solutions Company, BairesDev, White Prompt, BCA IT, Inc., MXM Sistemas, CI&T, BIX Technology, Medilab Sistemas, Luby Software, Indicium, e-Core, WAZ, Blue Chip Computer System, Liveware Technologies LLC, Shahico Technologies, 9T9 Information Technology, Purple X Technologies, Hi-Tech Bahrain W.L. L, Team Yamama, Sariya Company Limited, Xyte, Rachip, Ascop Technologies Limited, Iot.nxt
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What Is Covered In The Hardware Support Services Global Market Report?
• Market Size Forecast: Examine the hardware support services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the hardware support services market for a structured understanding.
• Key Players Overview: Analyze major players in the hardware support services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hardware support services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the hardware support services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hardware support services market.
• Industry Challenges: Identify potential risks and obstacles affecting the hardware support services market.
• Competitive Landscape: Review strategic developments in the hardware support services market, including expansions, agreements, and new product launches.
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