PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1418759
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1418759
Global IT Devices Market is valued at approximately USD 1586.03 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period 2023-2030. Information Technology (IT) devices encompass a wide range of electronic tools and equipment designed to facilitate the storage, processing, transmission, and retrieval of digital information. These devices play a crucial role in modern computing and communication systems, enabling individuals and organizations to perform various tasks efficiently. Common examples of IT devices include personal computers, laptops, tablets, smartphones, servers, routers, and storage devices. The IT Devices market is expanding because of factors such as rising demand for 5G enabled mobile devices, growing mobile broadband penetration and increasing investments in smart city projects across the world.
As per the GSMA report, the global mobile internet subscriber count reached 4.2 billion in year 2022, and projections indicate an anticipated increase to 5 billion by 2025. This surge in internet subscriber demand has significantly boosted the global market for smartphones, consequently driving market expansion. In addition, rising digital transformation in businesses and rising technological advancement is creating new opportunities to the market growth. However, the contracting demand for desktop computers stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global IT Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 with largest market share owing to the factors such as rising adoption of digital infrastructure, rising broadband connection, rising smartphone penetration in the region. North America is expected to grow at a fastest rate during the forecast period, owing to factors such as rising technological advancement, rising internet penetration in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable.