PUBLISHER: MarketLine | PRODUCT CODE: 1590380
PUBLISHER: MarketLine | PRODUCT CODE: 1590380
Global IT Hardware industry profile provides top-line qualitative and quantitative summary information including: market size (value , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The IT Hardware market includes all physical components integral to computing within enterprise IT solutions. Market values include client computing hardware (desktop PCs, notebook PCs, fixed phones and adaptors, scanners and imaging devices standalone printers, thin-clients and workstations), networking hardware (ethernet hubs and switches, ethernet routers, WAN CPE and termination equipment, WAN multi-service switches, WLAN access points, WLAN cards and WLAN switches and appliances), security hardware (content-filtering and anti-spam appliances, encryption/SSL accelerators, firewall, and VPN gateways, smart card readers and smart cards), servers hardware (high-end servers, low-end servers, and mid-range servers) and storage hardware (hard-disk drives, NAS filers and arrays, NAS gateways, SAN adaptors and connectors and SAN disk arrays).
All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
The global IT hardware market had total revenues of $482.5 billion in 2023, representing a compound annual growth rate (CAGR) of 4.6% between 2018 and 2023.
The client computing hardware segment accounted for the market's largest proportion in 2023, with total revenues of $238 billion, equivalent to 49.3% of the market's overall value.
In 2023, Asia-Pacific accounted for a share of 34.8% of the global IT hardware market. According to GlobalData, the Chinese market accounted for 39.5% of the Asia-Pacific IT hardware market followed by Japan with a 20.0% share in 2023.