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Primary Catalyst Driving Computer And Peripherals Support Services Market Evolution in 2025: Surging Computer Usage Fuels Expansion Of Computer And Peripheral Support Services Market Driver
Computer And Peripherals Support Services Market Size
The increase in computer usage is projected to fuel the expansion of the market for computer and peripheral support services. A computer, a programmable electronic device that processes raw data using a specific set of instructions (or a program) to generate output, is useful due to its capacity to store and retrieve large volumes of data for future use. This rise in computer usage is likely to have a positive effect on the computer and peripheral support services market. For example, as per a press release from Dell Inc., a technology company based in the U.S., in February 2022, the company posted a record-breaking revenue of $101.2 billion for the full fiscal year 2022, reflecting a 17% increase from the previous year. This was credited to an unprecedented demand, efficient operations, and growth across all business units, as well as record PC shipments, leading to an operating income of $4.7 billion (an increase of 26%) and a non-GAAP operating income of $7.8 billion (up by 12%). As such, the increasing use of computers is stimulating the expansion of the market for computer and peripheral support services.
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How will the growth rate of the computer and peripherals support services market shape industry trends by 2034?
In recent years, there has been a continuous increase in the market size of computer and peripherals support services. A rise from $38.7 billion in 2024 to $40.32 billion in 2025 is anticipated with a compound annual growth rate (CAGR) of 4.2%. This growth during the historic period can be linked to factors such as pc penetration rates, IT expenditure in businesses, the global expansion of companies, the evolution of software, and increased customer awareness and education.
The market for computer and peripheral support services is predicted to experience robust growth in the approaching years, swelling to a valuation of $49.17 billion in 2029, reflecting a compound annual growth rate (CAGR) of 5.1%. Driving this growth in the forecasted period are factors such as the shift towards remote working, increasing cybersecurity issues, adoption of cloud computing, evolving data privacy laws, plus sustainability and green IT considerations. Notable trends set to make a mark within this forecast period encompass the rise of e-commerce and digital transformation, emerging technologies, tech advancements, remote monitoring and management (RMM), as well as the adoption of cloud-based support solutions.
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What trends are poised to drive the future success of the computer and peripherals support services market?
The advancement of product innovation is becoming a growing trend in the computer and peripherals support services market. Several leading companies in this segment are focusing on creating innovative solutions to enhance their market position. For example, ViewSonic Corporation, an American electronics firm, launched two ultra-wide 34-inch curved monitors named ELITE XG341C-2K and ELITE XG340C-2K in October 2022. These monitors are specially designed for gaming. The ELITE XG341C-2K, with a 1500R optimal curve, offers brighter colours and has a peak brightness of 1400 nits. The ELITE XG340C-2K offers a 1000R curvature along with a rapid 180Hz refresh rate and a response time of 1 ms. Both monitors are equipped with HDMI 2.1 and offer support for up to 10K video resolution.
Which primary segments of the computer and peripherals support services market are driving growth and industry transformations?
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: Super markets Or Hyper markets, Brand Stores, Online Stores, Other Distribution Channels
4) By End-user: Commercial, Residential
Subsegments:
1) By Wired: USB Connections, Ethernet Connections, Serial And Parallel Connections
2) By Wireless: Wi-Fi Connections, Bluetooth Connections, NFC Connections
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Which geographical regions are pioneering growth in the computer and peripherals support services market?
Asia-Pacific was the largest region in the computer and peripherals support services market in 2024. The regions covered in the computer and peripherals support services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the computer and peripherals support services market landscape?
Major companies operating in the computer and peripherals support services market include Apple Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Inc., Hitachi Ltd., Siemens AG, Lenovo Group, accenture* plc, Hewlett-Packard Inc., International Business Machines Corporation(IBM), Cisco Systems Inc., Oracle Corporation, Fujitsu Limited, 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
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What Is Covered In The Computer And Peripherals Support Services Global Market Report?
•Market Size Forecast: Examine the computer and peripherals support services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the computer and peripherals support services market for a structured understanding.
•Key Players Overview: Analyze major players in the computer and peripherals support services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the computer and peripherals support services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the computer and peripherals support services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the computer and peripherals support services market.
•Industry Challenges: Identify potential risks and obstacles affecting the computer and peripherals support services market.
•Competitive Landscape: Review strategic developments in the computer and peripherals support services market, including expansions, agreements, and new product launches.
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