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Computers Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Computers Market Size
How Big Is the Computers Market Size Expected to Be by 2034?
The computer industry has witnessed robust growth in recent times. The market value, which rested at $465.34 billion in 2024, is projected to expand to $499.94 billion in 2025, recording a Compound Annual Growth Rate (CAGR) of 7.4%. Factors such as rising consumer needs, corporate IT expenditure, worldwide economic scenario, government policies, and advancements in design have facilitated the historical growth period.
The size of the computer market is predicted to experience robust expansion in the forthcoming years, with a projection to reach $662.35 billion in 2029. This growth, reflecting a compound annual growth rate (CAGR) of 7.3%, is anticipated to be driven by several factors, such as concerns over cybersecurity, sustainability efforts, advancements in quantum computing and the evolution of form factors. Key trends shaping this forecast period include the integration of the internet of things (IoT), the incorporation of edge computing, the amalgamation of AI and machine learning, the utilization of hybrid cloud solutions, as well as customization and personalization.
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What Are the Emerging Segments Within the Computers Market?
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
Subsegments:
1) By PCs: Desktops, All-in-One PCs, Workstations
2) By Laptops: Traditional Laptops, Ultrabooks, Gaming Laptops, 2-in-1 Laptops
3) By Tablets: Standard Tablets, Rugged Tablets, Tablet PCs
4) By Other Computers: Mini PCs, Thin Clients, Home Theater PCs (HTPCs)
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What Long-Term Drivers Are Shaping Computers Market Trends?
The expansion of the computer market is anticipated to be driven by increasing investments in global smart city projects. Smart city technologies hinging on information and communication systems, manage and streamline urban services, such as transport, water supply, and public safety. This technology leverages Internet of Things (IoT), a synergy of computing devices and physical and digital elements. IoT allows for data transfer across networks with limited human interaction and minimal human-computer interaction. Companies in the computer and related hardware markets stand to gain as smart cities deploy these technologies. APG Algemene Pensioen Groep N.V. has committed €250 million to the Smart City Infrastructure Fund aimed at fostering smart city projects in North America, Europe, Australia and other significant urban areas globally. The smart city concept is gaining traction in developing countries as well. As evidence, globally, more than 1,000 smart city pilot projects are either completed or under construction, with approximately 500 of these located in China.
Who Are the Top Competitors in Key Computers Market Segments?
Major companies operating in the computers market include Apple Inc., Microsoft Corporation, Dell Technologies Inc., Hewlett Packard Enterprise Co., Lenovo Group Ltd., Intel Corporation, IBM Corporation, ASUS Computer International, Acer Inc., Samsung Electronics Co., Ltd., Fujitsu Ltd., Toshiba Corporation, NVIDIA Corporation, AMD (Advanced Micro Devices), Cisco Systems, Inc., Panasonic Corporation, LG Electronics Inc., Huawei Technologies Co., Ltd., Sony Corporation, Oracle Corporation, Hitachi, Ltd., NEC Corporation, Kingston Technology Corporation
What Are the Major Trends Shaping the Computers Market?
The Internet of Things (IoT) is burgeoning as the latest development in the computer market, poised to influence various business areas. By combining both digital and physical realms, the Internet of Things paves the way for a plethora of opportunities for businesses, government bodies, and regular customers. This complex IoT ecosystem involves several participants including device suppliers, telecom service providers, software suppliers, and IT service vendors. For example, August Smart Lock utilizes the IoT platform to lock and unlock a user's front door automatically, and it also provides a provision to grant access remotely to visitors, friends, or employees.
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Which Regions Are Becoming Hubs for Computers Market Innovation?
Asia-Pacific was the largest region in the computers market in 2024. North America was the second largest region in computers market. The regions covered in the computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Computers Market?
2. What is the CAGR expected in the Computers Market?
3. What Are the Key Innovations Transforming the Computers Industry?
4. Which Region Is Leading the Computers Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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