PUBLISHER: The Business Research Company | PRODUCT CODE: 1675100
PUBLISHER: The Business Research Company | PRODUCT CODE: 1675100
A computer is an electronic machine or device that executes instructions from software or hardware programs to perform procedures, computations, and operations. It can accept input data, process it, and generate output.
The main types of computers include PCs, laptops, tablets, and other computing devices. A PC, or personal computer, is a versatile and cost-effective computer designed for individual users. These computers are distributed through business-to-business (B2B) and business-to-consumer (B2C) channels and are utilized in various applications, including households and commercial settings.
The computers market research report is one of a series of new reports from The Business Research Company that provides computers market statistics, including computers industry global market size, regional shares, competitors with a computers market share, detailed computers market segments, market trends and opportunities, and any further data you may need to thrive in the computers industry. This computers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The computers market size has grown strongly in recent years. It will grow from $465.34 billion in 2024 to $499.94 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growing consumer demand, enterprise it spending, global economic conditions, government initiatives, innovation in design.
The computers market size is expected to see strong growth in the next few years. It will grow to $662.35 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to cybersecurity concerns, sustainability initiatives, quantum computing developments, evolving form factors. Major trends in the forecast period include internet of things (IoT), edge computing integration, AI and machine learning integration, hybrid cloud solutions, customization and personalization.
The computer market is poised for growth, driven by significant investments in smart city projects globally. These initiatives utilize information and communication technologies, facilitated by the Internet of Things (IoT), to efficiently manage urban services. IoT, a convergence of computing devices and digital objects, enables data transfer across networks with minimal human interaction. Companies operating in this market stand to benefit from the increasing popularity of smart cities. Notably, APG Algemene Pensioen Groep N.V. announced a €250 million investment in the 'Smart City Infrastructure Fund' for smart city projects worldwide, reflecting the widespread adoption of this concept, even in developing nations with over 1,000 pilot projects underway globally.
The increasing popularity of high-definition gaming, virtual reality, and streaming services is anticipated to drive the growth of the computer market in the future. High-definition gaming, virtual reality, and streaming services refer to advanced digital entertainment platforms that demand robust computing capabilities. The rising need for these services is linked to advancements in computer technology, improved internet speeds, and the growing interest in immersive entertainment experiences. Gaming specifically boosts the demand for high-performance computers, which provide the advanced graphics and processing power necessary for immersive experiences. For example, a report published by Video Games Europe (VGE), a Belgium-based organization representing the video game industry, stated that the European gaming industry generated $24.5 billion in 2022, marking a 5% increase from the previous year. Consequently, the growing appeal of high-definition gaming, virtual reality, and streaming services is expected to fuel the expansion of the computer market.
The Internet of Things (IoT) emerges as a pivotal trend in the computer market, transforming the business landscape. IoT integrates the physical and online worlds, presenting opportunities for companies, governments, and consumers. This complex ecosystem involves various players such as device vendors, communication service providers, software vendors, and IT service providers. Noteworthy examples include the August Smart Lock, an IoT-enabled device that seamlessly locks and unlocks doors, showcasing the potential of IoT in enhancing convenience and security.
Innovative product introductions play a crucial role in the competitive landscape, with major computer companies unveiling advanced laptops such as the 15-inch MacBook Air with M2 chip. This powerful and versatile laptop, launched by Apple in January 2023, boasts improved performance, power efficiency, and features such as a spacious liquid retina display, 8GB unified memory, 512GB SSD storage, a 1080p FaceTime HD camera, and Touch ID.
In July 2022, Douglas Electrical Components Inc., a US-based company specializing in electrical components and systems, acquired Electronic Products Inc. (EPI). This undisclosed acquisition aims to enhance innovation, service quality, and provide a broader spectrum of hermetic solutions. EPI, a US-based company manufacturing computers, aligns with Douglas's commitment to delivering high-value hermetic goods and services to a diverse clientele.
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
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.
The countries covered in the computers market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The computers market consists of sales of computers which are programmable electronic devices designed to accept data, perform prescribed mathematical and logical operations at high speed, and display the results of these operations. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Computers Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on computers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for computers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The computers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.