The revenue of Dell Technologies reached approximately 88.4 billion U.S. dollars in the 2024 fiscal year. The company's revenue was consistently increasing since 2015 until 2020, when it declined by approximately 6 billion U.S. dollars. Since then, the company's revenue trajectory had recovered again, until its latest decrease of nearly 14 billion U.S. dollars. Dell’s transition in the IT industryPrior to 2013, Dell was a public company, with the bulk of its revenue made through PC sales. In 2013, after falling to a market share of just 10.4% of PC sales worldwide, founder and CEO Michael Dell bought out Dell for 24.4 billion U.S. dollars and made it private for a period of directional shift. In late 2018, Dell Technologies became a public company again. Reflecting the changing demands of digital transformation, Dell Technologies is the leading vendor worldwide both for cloud IT infrastructure and for storage systems.

Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the indicator reaches the maximum value for all three different segments at the end of the comparison period. Particularly noteworthy is the segment Network Infrastructure, which has the highest value of 7.4 billion U.S. dollars. Find further statistics on other topics such as a comparison of countries or regions regarding the revenue and a comparison of the revenue in France. The Statista Market Insights cover a broad range of additional markets.

For the fiscal year 2024, Dell Technologies generated about 17.6 billion U.S. dollars in revenue from the servers and networking subsegment as part of its Infrastructure Solutions Group (ISG). Dell is a multinational IT company based in Texas, United States. Its line of products includes desktop PCs, notebooks, tablets, and peripherals, storage solutions, virtualization and cloud services, and infrastructure solutions. Dell’s business model Dell Technologies operates across three business units: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The CSG includes branded hardware such as desktops and notebooks, as well as peripherals including monitors and projectors. The ISG, or Dell EMC, incorporates the company’s various activities in the storage, server, converged systems, and cloud solutions, and has utilized the expertise EMC has had across these fields. VMware Dell Technologies is now focusing on managing business clients’ data needs, reflecting the changing market environment from traditional, hardware-based enterprise storage to hybrid cloud services. For Dell Technologies to better compete in the area of cloud computing and to be able to handle multi-cloud operations, the company obtained VMware during the EMC acquisition. VMware is a cloud computing and software virtualization company, working in the areas of hybrid and multi-cloud, networking, and security. In 2021, it was spun off into a separate corporate entity.

The revenue is forecast to exhibit a significant decline in all segments in 2028 compared to the previous year. Concerning the two selected segments, the segment Telephony has the largest revenue with 12.15 billion U.S. dollars. Contrastingly, PCs is ranked last, with 10.51 billion U.S. dollars. Their difference, compared to Telephony, lies at 1.64 billion U.S. dollars. The Statista Market Insights cover a broad range of additional markets.

Data on cumulative monthly revenue movements for all the management codes and for all the entities belonging to the SIOPE for the Liguria region - Data observed as at 08/02/2022. - [RND_ENT_SIO_REG07_001]

Data on cumulative monthly revenue movements for all management codes and for all entities belonging to the SIOPE for the Campania region - Data observed as at 08/02/2022. - [RND_ENT_SIO_REG15_001]

In the 2023 financial year, Dell spent just over 2.8 billion U.S. dollars on R&D, which is a substantial increase from the 374 million U.S. dollars in 2000. The company had especially increased its research and development spending between financial years 2018 and 2023, as Dell Technologies is strongly pushing to remake its business model. The company is moving away from primarily being a hardware PC manufacturer to becoming an IT services and solutions provider in the midst of the digital transformation age. Areas of research and development The focus of Dell Technologies’ research and development is artificial intelligence (AI), the Internet of things (IoT), and data management. A significant portion of Dell Technologies' strategic change of the company’s business model was software virtualization company VMware, which provided cloud computing and platform virtualization software and services. VMware has the largest market share of hyper-converged systems revenue worldwide. In 2021, Dell spun off VMware into a separate company.

As of 2024, Dell's employee count was approximately 120,000 which represented a decrease of about 13,000 employees from the previous year. The figure has been gradually decreasing since 2020, as a result of cost management policies and limitations on hiring and employee reorganizations.Background on Dell The American-owned private multinational computer technology company Dell is a powerful player in the global market, ranking highly in the list of America’s most powerful and valuable corporations. Within the desktop computer industry, the company is one of the leading PC vendors in the world, next to Hewlett Packard and Lenovo. The company’s primary focus has rested on the development and sale of personal computers and other personal computer-related services, but recent years have seen the company expand into storage and networking markets and begin to place greater focus on the delivery of enterprise hardware and services. Founded back in 1980s by the then 19-year-old Michael Dell, the company has been generating multi-billion dollar revenue figures since the late 90s and also records a generous annual net income. The company also invests a significant amount of funding into research and development, helping the company remain at the top of its game. Throughout the company’s history, Dell has made a number of acquisitions to support its market position, including: Alienware, Perot Systems, Credant Technologies, Gale Technologies, and Quest software. In recent years, two significant events have occurred. Firstly, 2013 saw the company delist its shares from various stock exchanges, becoming a private company. Secondly, in late 2015, Dell purchased the data storage giant EMC Corporation for around 67 billion U.S. dollars. At the time, it was the largest technology deal in history. For Dell, EMC offers strength in a variety of data and information activities, including security, storage, and infrastructure, and the rapidly growing big data market. In 2021, Dell spun off VMware, which it had acquired as part of the EMC deal, into a separate company.Dell has previously been recognized for its commitment to environmental and sustainability goals. In 2020, the company announced its goal to recycle a product equivalent to every product that it sells, and use recycled or reused materials to make more than half of every product.

Data on monthly cumulated revenue movements for all management codes and for all entities belonging to the SIOPE for the Marche region - Data observed as at 08/02/2022. - [RND_ENT_SIO_REG11_001]

The forecast shows the distribution of global cloud server market revenue in 2018, sorted by vendor. In 2018, HPE and Dell EMC were the leaders in the global cloud server market, both having a market share of 16 percent. In 2018, overall market revenue was estimated at 86 billion U.S. dollars.

In the year ending March 2021, Lenovo held a 22.3 percent share of the global PC market revenue, with its closest competitor HP holding 21.3 percent of the market. Dell, who ranked third among vendors, accounted for 16 percent of the global PC market sales revenue during that time.

In 2022, Foxconn generated revenues of about 216 billion U.S. dollars, an increase from the 195 billion U.S.s dollars in revenue that the company recorded in 2021. Foxconn - additional information Trading as Foxconn Technology Group, Hon Hai Precision Industry Co., Ltd. is the world's largest contract electronics manufacturer. In 2012, reports suggested that the company's factories produced approximately 40 percent of all consumer electronics, for customers such as Apple, Dell, Amazon, Hewlett Packard, and Sony. The company currently employs well over a million people worldwide and was, in fact, one of the world's largest employers in 2022.Foxconn's factories are distributed around the world, although the majority of its workforce is based in mainland China. Foxconn's largest factory sits in Longhua Town, Shenzhen, China, where -according to some estimates – it employs between 200 and 500 thousand people. The company also has factories in Japan, India, and Malaysia, several central and eastern European countries, Brazil, and Mexico. While there have been plans to build a factory within the United States, these plans are as yet unrealized.Despite building electronics products for many companies, Foxconn is often thought of as having particularly strong ties with Apple. Indeed, as seen in the statistic, Foxconn's revenues are substantial and the company's present-day success must be at least partially attributed to the success of and demand for Apple's consumer products, such as the iPhone, iPad, and iPod.

The retail revenue of the consumer electronics (CE) market in the United States constantly increased during the period from 2012 to 2021. Based on the projected retail sales for 2025, consumer electronics retail sales in the United States will reach 537 billion U.S. dollars. OLED TVs were forecast to generate 2.3 billion U.S. dollars in revenue in 2023. Portable gaming consoles were expected to generate 1.5 billion U.S. dollars. Retailers   The United States offers a wide range of electronics retailers, both stores and online retailers. Examples are BestBuy, which generated revenues of around 43.5 billion U.S. dollars in 2024, Walmart, Target, and the e-commerce platform Amazon. Other popular retailers in the country include Apple, Lenovo, and Dell.   Fluctuation in the U.S. consumer electronics industry   The consumer electronics industry in the United States has been increasing annually since the coronavirus pandemic hit the globe in 2020. After that, the industry grew by 12.3 percent in 2021, before fluctuating in the following years.

In the third quarter of 2024, HP held the biggest market share of around 29 percent of PC unit shipments in India. India's traditional PC market includes desktops, laptops, and workstations, and the shipments have been increasing during the last three quarters. Hewlett-Packard (HP) Inc. Hewlett-Packard, an American information technology multinational company, manufactures software and hardware. HP Inc. had been generating high revenue from its computer division and related technologies across the world, with the majority of revenue generated from the PC segment, amounting to more than 36 billion U.S. dollars in 2024. In the same year, HP Inc. employed nearly 58 thousand employees worldwide. Personal computer (PC) shipments Lenovo, Asus, Dell, HP Inc. are some of the leading personal computer (PC) vendors across the globe. Since 2018, Lenovo has outperformed its rivals in terms of PC shipments across the world. In 2023, Lenovo shipped the highest number of PC units, which amounted to approximately 59.7 million units. PC shipments in India were quite the contrary. HP Inc. dominated in terms of PC shipments with nearly 4.4 million PCs shipped in 2023. Lenovo ranked second with over 2.3 million PC unit shipments.

In the fourth quarter of 2024, Lenovo had a market share of 26.3 percent of global PC shipments. Together with HP and Dell, Lenovo accounts for around two thirds of global PC sales today. These three major PC vendors have taken up more and more of the market share over the past few years, managing to keep their sales mostly constant as PC unit sales have fluctuated. Strong presence in tech industry Lenovo’s main business segment is personal computers, accounting for around 80 percent of the company’s revenue. As the world’s largest PC vendor, the company is in a comfortable position to develop new and innovative products in response to a plateauing PC market. One attempt at this was Lenovo’s expansion of its smartphone production, including the purchase of Motorola from Google for 2.9 billion U.S. dollars in 2014, as a response to the growing smartphone market at that time. Lenovo’s share of the global smartphone market has consistently decreased over the past few years however and Lenovo is now putting more of an emphasis on its growing data center segment, including the company’s hybrid cloud, edge computing, software-defined storage solutions and products. Introducing 5G to PC world Lenovo is also an early mover of 5G technology use in the PC industry, and in 2019 made a joint announcement with Qualcomm revealing the world’s first prototype 5G personal computer. 5G technology is expected to speed up data communication by up to three times as compared to 4G/LTE. Being a forerunner of 5G technology could give Lenovo an edge to remain a powerful player within the PC and mobile markets.