The Report Covers Global IT Hardware Market Share and is Segmented By Type (PC & Workstations, Networking Hardware - Routers, Hubs, Switches, Server, Storage Devices) and Geography.

The global computer hardware market, valued at $130.86 billion in 2025, is projected to experience robust growth, driven by several key factors. The increasing demand for high-performance computing across various sectors, including enterprise, education, and gaming, fuels market expansion. Advancements in technology, such as the development of faster processors, larger storage capacities, and more energy-efficient components, are significant drivers. The rising adoption of cloud computing and the Internet of Things (IoT) also contribute to increased demand for computer hardware, particularly networking equipment and storage solutions. Furthermore, the ongoing shift towards remote work and digitalization across industries necessitates upgraded infrastructure and individual computing devices, bolstering market growth. While potential supply chain constraints and economic fluctuations could present temporary headwinds, the long-term outlook remains positive, fueled by continuous technological innovation and increasing digital transformation globally. Segment-wise, the PC & Workstation segment is expected to remain a significant contributor to overall market revenue, followed by networking hardware (routers, hubs, switches) and server markets. The growth in data centers and cloud infrastructure will likely propel the server and storage device segments. Geographically, North America and Europe currently hold significant market share, but the Asia-Pacific region is anticipated to witness the most rapid growth due to increasing digitalization and a burgeoning middle class. Companies like HP Inc., Dell Technologies, Lenovo, and Apple are major players, continuously competing through innovation and product diversification to maintain market dominance. The forecast period (2025-2033) suggests continued expansion, though the pace of growth may fluctuate yearly depending on global economic conditions and technological breakthroughs. Recent developments include: May 2023 - The IT hardware PLI 2.0 aims to increase India's output and presence in the global IT hardware/servers/laptop value chains. PLI 2.0 for IT hardware would catalyze India's USD300 billion electronics manufacturing ambition, a key component of its country's trillion-dollar digital economy aim., April 2023 - Samsung Electronics and AMD announced a multi-year cooperation renewal to bring many generations of high-performance, ultra-low-power AMD Radeon graphics solutions to an extended array of Samsung Exynos SoCs.. Key drivers for this market are: Rapid Growth of the IT Industry, Increasing Digitization of the Public Sector. Potential restraints include: Rapid Growth of the IT Industry, Increasing Digitization of the Public Sector. Notable trends are: Rapid Growth of the IT Industry is Expected to Drive the IT Hardware Market.

The India IT Hardware Market report segments the industry into PCs and Workstations (End-user, Segmentation by Region, and more.), Enterprise Networking Hardware (Enterprise, Industry, and more.), Enterprise Storage Devices (Enterprise, Industry, and more.), Servers (Enterprise, Industry, and more.), Other Hardware (Includes Hard Copy Peripherals such as Printers and Copiers), and Region.

Global Computer Hardware market size is expected to reach $972.16 billion by 2029 at 6.3%, segmented as by type, computer peripheral equipment, computer storage devices and servers, computers

Significant fluctuations are estimated for all segments over the forecast period for the revenue. In general, the revenue appear to exhibit a positive trend, with more segments showing increasing values rather than decreasing values until 2029. Among them, the segment Laptops attains the highest value throughout the entire period, reaching ***** billion U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of revenue in Portugal and a comparison of countries or regions regarding revenue.The Statista Market Insights cover a broad range of additional markets.

India IT Hardware Market size was valued at USD 20.16 Billion in 2024 and is projected to reach USD 35.23 Billion by 2032, growing at a CAGR of 7.23% from 2026 to 2032.

The India IT Hardware Market is driven by the increasing demand for digital transformation and rapid adoption of advanced technologies across various sectors. The rise in remote working, online education, and growing internet penetration have significantly boosted the demand for laptops, desktops, and tablets. Government initiatives like Digital India and increased investments in IT infrastructure are further propelling market growth.

Additionally, the rising focus on data security and the shift towards cloud-based solutions are driving demand for advanced servers and storage systems.

Global computer hardware manufacturers produce a diverse range of products, including desktop and laptop personal computers (PCs), computer peripherals and storage devices. Through the current period, competing trends have defined performance. Growing competition from tablet devices and mobile phones has eroded demand for traditional PCs worldwide, culminating in declining PC shipments despite robust demand during the pandemic. Price competition has also limited manufacturers' potential. Overall, revenue has contracted at an estimated CAGR of 3.2% through the current period to $227.6 billion, despite a 2.7% recovery in 2024, where profit reached 6.2%. Portability and weight are crucial development points for computer hardware manufacturers, especially as next-generation wireless technology matures in developed markets and internet access spreads worldwide. Demand for traditional desktop computers has dissipated at a time when notebook and desktop prices have converged. In particular, mobile devices have chipped away at the sales of desktops and notebooks, limiting growth opportunities. This trend has led to many recognized brands exiting the industry or shifting to smartphones, wearables and other handheld technologies in search of higher returns. Manufacturers will generate steady revenue through the outlook period, particularly as internet connectivity and global consumer sentiment rise. In particular, global shipment prices will stabilize, with higher incomes supporting increased demand for high-end computers in developed markets. Even so, many companies will prioritize investment for alternative mobile solutions. Similarly, price competition and rising demand for tablets will keep many smaller, less recognizable computer manufacturers from achieving stable growth. Also, many companies will continue to consolidate, acquiring smaller, innovative brands; others will prioritize partnerships and joint ventures with technology and semiconductor companies. Overall, revenue will rebound at an expected CAGR of 0.6% to 234.0 billion through the outlook period, where profit will reach 6.3%.

The India IT hardware market, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7.10% between 2019 and 2024, is projected to continue its expansion throughout the forecast period (2025-2033). While the global market size in 2024 was $19.77 billion, a reasonable estimation for India's share, considering its significant and growing IT sector, would place its market size in 2024 at approximately $2 billion. This estimation accounts for India's substantial IT services sector and rising demand for hardware across various industries, from enterprises to consumers. Key drivers include the government's Digital India initiative, the burgeoning startup ecosystem, expanding cloud computing adoption, and increased demand for high-performance computing (HPC) in sectors like telecommunications, financial services, and education. Trends towards AI, IoT, and 5G infrastructure are also fueling growth. However, challenges such as fluctuating currency exchange rates, global supply chain disruptions, and cybersecurity concerns could act as restraints. The market is segmented based on hardware types (servers, storage, networking equipment, etc.) with major vendors including NetApp, Acer, Juniper, Hitachi, Arista, Samsung, Cisco, HP, Dell, Lenovo, Panasonic, and IBM actively competing for market share. The growth is expected to be geographically diverse, but significant opportunities exist in urban centers and expanding IT infrastructure across tier-2 and tier-3 cities. The forecast period (2025-2033) is expected to witness substantial growth driven by sustained investments in digital infrastructure, increased adoption of advanced technologies, and the government's continued push for digitalization. Specific segments like cloud computing hardware and data center infrastructure will likely see accelerated growth, mirroring global trends. The competitive landscape remains dynamic, with both global and domestic players vying for dominance. Successful players will be those who can adapt to technological advancements, offer competitive pricing, and provide robust after-sales support. The market's growth trajectory hinges on successfully mitigating supply chain risks and overcoming potential economic headwinds. Consistent government support and a focus on developing skilled IT professionals will be crucial to realizing the full potential of the Indian IT hardware market. This comprehensive report offers an in-depth analysis of the India IT hardware market, providing invaluable insights for businesses, investors, and policymakers. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report leverages historical data (2019-2024) to project future market trends and growth opportunities. The report covers key segments, analyzes leading players like Dell, HP, and Lenovo, and examines the impact of recent industry developments. Discover crucial market data, including market size (in millions), growth drivers, challenges, and emerging trends, all presented in an easily digestible format. Recent developments include: September 2023 - Tech Data, a subsidiary of TD SYNNEX, extended a partnership with Allied Telesis, a connectivity solutions and smart networks provider. As a result, Tech Data became the premium distributor for Allied Telesis India Pvt Ltd based in Mumbai, India, as part of the collaboration to enhance the country's burgeoning market for networking solutions. Allied Telesis solutions offer network control, reducing downtime and streamlining operations., February 2023 - Bharti Airtel, one of India's leading communications solutions providers, and Vultr announced a strategic partnership to offer cloud solutions to businesses of all sizes and across all industries. The cloud solutions would be hosted in Airtel's state-of-the-art data centers across Bengaluru. Customers can now leverage cutting-edge technologies to optimize business performance, accelerate digital innovation, and maximize return. Airtel would offer all of Vultr's services as a part of its enterprise solutions, including GPU offerings for advanced workloads related to AI, machine learning, analytics, visual computing, and gaming use cases.. Key drivers for this market are: Rapid Growth in Demand for Laptops to Accommodate Hybrid Work Policies, High Demand for Technology Integration and Efficient Computing Systems; Increasing Digitization of the Public Sector. Potential restraints include: Adverse Effects of Inflation Impacting the Market. Notable trends are: PC and Workstations to Hold Significant Market Share.

The statistic depicts a forecast of the global IT hardware market from 2007 to 2015. In 2007, the revenue of the IT hardware market amounted to 1,180.8 billion U.S. dollars worldwide.

The hardware manufacturing industry has faced a challenging operating environment over the past five years, with industry revenue declining at a compound annual rate of 2.2%. In 2025, industry revenue is expected to reach $10.0 billion, reflecting continued pressure from downstream market volatility, supply chain disruptions and previously subdued construction and automotive activity. 2025's revenue growth rate is expected to bounce back by 1.3%, as the sector recovers from subdued downstream markets and ongoing cost pressures. Profitability has also been compressed, with leading firms such as Allegion Plc and Assa Abloy reporting modest profit levels in the face of rising input costs and intense competition.Despite recent contraction, the industry’s outlook is set to improve over the next five years. Forecasts project a return to growth, with industry revenue expected to rise at a 2.3% compound annual growth rate, reaching $11.2 billion by 2030. This recovery will be fueled by stabilizing interest rates, a rebound in construction and renovation activity and renewed investment in infrastructure. Expanding downstream markets, particularly in residential and commercial construction, are anticipated to drive steady demand for builders’ hardware, doors and locks. Employment is also forecast to grow, with the industry expected to add more than 2,300 jobs by 2030, while wages are projected to increase in line with labor market trends.

Profitability will remain a key focus as manufacturers continue to navigate cost pressures and global supply chain uncertainties. Companies are investing in automation, digital transformation and supply chain resilience to protect profit and enhance productivity. The industry’s competitive landscape is expected to remain intense, with medium market concentration and a rising trend in competition as firms pursue innovation and operational efficiency. Overall, the hardware manufacturing industry is positioned for moderate recovery and gradual expansion, but success will depend on the ability to adapt to evolving market conditions and maintain cost discipline.

The Public Safety Hardware Market report segments the industry into By Type (Security and Dashboard Cameras, Rugged Tablets and wearable devices, Infrastructure Safety devices, Others), By Application (Law Enforcement, Emergency Services, Military, Infrastructure Security, Disaster Management, Others), and By Geography (North America, Europe, Asia, Latin America, Middle East and Africa).

The Computer Audio Hardware Market report segments the industry into By Type (Audio Interfaces and Systems, AD/DA Converters, DSP Accelerators, Format Converters, Wordclock and Synchronization, I/O and Expansion Modules), By End-User Industry (Consumer, Professional/Corporate), and By Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, Middle East and Africa).

The Global Artificial Intelligence Computing Hardware Market is segmented by Type (Stand-alone Vision Processor, Embedded Vision Processor, Stand-alone Sound Processor, and Embedded Sound Processor), End User (BFSI, Automotive, Healthcare, IT and Telecom, Aerospace and Defense, Energy and Utilities, and Government and Public Services), and Geography.

The AI hardware market size is estimated to rise from $31.40 billion in 2024 to $624.45 billion by 2035, growing at a CAGR of 31.23% from 2024 to 2035.

The Hardware Manufacturing industry in Canada has been defined by volatile trade and downstream markets over the past five years. Companies in the Household Furniture Manufacturing and Car and Automobile Manufacturing industries in Canada, as well as construction markets and consumers, purchase hardware products manufactured by this industry. A strong housing market, driven by low interest rates due to the pandemic, supported the industry in 2020 and 2021, but declines in residential construction late in the period hurt demand for industry goods. Still, overall growth in the number of housing starts has staved off sharper declines amid economic uncertainty. Revenue is forecast to fall at a CAGR of 3.0% to $2.1 billion through the end of 2024, with a forecast rise of 2.6% during the current year as spending begins to recover. A major threat to this industry is the strong share of domestic demand that is satisfied by imports. Import penetration from countries with lower wages and production costs, has contributed to the strong competition faced by operators. Many companies transferred production from Canada to low labor cost countries like China and Mexico. Import competition has led to plant closures and consolidation, as some domestic operators have been unable to compete with less expensive imports. Despite the appreciation of the Canadian dollar over the past five years, imports were hindered, supporting industry growth. Companies are estimated to have maintained acceptable operating profit levels by effectively managing costs. The industry is forecast to resume growth over the next five years, with exports aided by a weaker Canadian dollar. Construction markets both domestically and in the US are expected to stabilize as the economy adjusts to lower interest rates. Consequently, revenue is expected to increase at a CAGR of 1.1% to $2.2 billion through the end of 2029.

The India Furniture Hardware Market report segments the industry into By Product Type (Hinges, Runner Systems, Lift Systems, Box Systems, Wire Baskets, Sliding Door Systems, Handles, Pulls, and Knobs, Fasteners (Screw, Bolts, Nuts, etc.), Other Products), By End User (Residential, Commercial), and By Distribution Channel (B2B/Projects (Real Estate Developers, Contractors, Etc.), B2C/Retail).

Access Asia Pacific Embedded Hardware Industry Overview which includes Asia Pacific country analysis of (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC), market split by Type, Application

In 2029, the revenue change is forecast to significantly decrease in all segments compared to the previous time point. In this context, the notably strong decrease of the segment Storage Units towards the end of the forecast period stands out. In comparison to the average decrease of 0.0329 percent, the indicator is decreasing significantly here, with a value of 0.1 percent. Find other insights concerning similar markets and segments, such as a comparison of countries or regions regarding revenue. The Statista Market Insights cover a broad range of additional markets.

Global Hardware market size is expected to reach $137.18 billion by 2029 at 4.5%, segmented as by type, furniture hardware, motor vehicle hardware, builder's hardware, other hardware

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Edge AI Hardware Market Size 2024-2028

The edge ai hardware market size is forecast to increase by USD 7.15 billion, at a CAGR of 17.7% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing adoption of IoT applications across various end-user industries. The proliferation of smart homes and cities is fueling this trend, as edge AI hardware enables real-time processing and decision-making at the source, reducing latency and bandwidth requirements. However, the market faces a notable challenge: the lack of skilled AI professionals. As the demand for edge AI hardware continues to rise, companies must invest in training and recruiting talent to meet this need. Additionally, collaboration between hardware manufacturers and software developers will be essential to address the complexities of integrating edge AI hardware into existing systems. Companies seeking to capitalize on market opportunities should focus on developing user-friendly solutions, while those navigating challenges should prioritize talent acquisition and strategic partnerships.

What will be the Size of the Edge AI Hardware Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe market continues to evolve, driven by the increasing demand for real-time data processing and analysis. Neural networks and deep learning models are being integrated into various sectors, including IoT devices, smart home, industrial automation, healthcare applications, and more. On-device inference enables performance optimization and cost savings by reducing the need for constant cloud connectivity. Edge AI processors are being developed with system-on-a-chip (SoC) architectures, sensor fusion, and low-power computing to address power consumption concerns. Model evaluation and deployment are critical aspects of Edge AI implementation. Hardware acceleration and model recall are essential for ensuring efficient and accurate processing. Thermal management is also a significant consideration for maintaining optimal performance and energy efficiency. Edge AI is finding applications in smart cities, computer vision, autonomous vehicles, and security systems. Data security and privacy concerns are being addressed through secure data preprocessing and cloud integration. Open source platforms and development tools are facilitating the growth of Edge AI infrastructure. Operating systems are being optimized for Edge AI applications, and natural language processing and speech recognition are becoming increasingly important. Anomaly detection and real-time analytics are key benefits of Edge AI, enabling proactive problem-solving and improving overall system performance. The Edge AI market is continuously unfolding, with new applications and innovations emerging in various sectors.

How is this Edge AI Hardware Industry segmented?

The edge ai hardware industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ComponentMemoryProcessorOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW).

By Component Insights

The memory segment is estimated to witness significant growth during the forecast period.The market is characterized by the integration of advanced technologies such as on-device inference, performance optimization, model evaluation, and cost optimization. These features enable the deployment of AI algorithms on various edge devices, including IoT gadgets, smart home appliances, and industrial equipment. Edge AI processors play a crucial role in this landscape, offering capabilities like image classification, real-time analytics, anomaly detection, and object recognition. Data security and privacy concerns are addressed through robust encryption and access control mechanisms. Smart manufacturing, healthcare applications, and smart cities are significant sectors driving the market's growth. Deep learning models, neural networks, and system-on-a-chip (SoC) solutions are essential components of edge AI infrastructure. Model training, deployment, and hardware acceleration are critical aspects of edge AI development. Network connectivity and cloud integration facilitate seamless data collection, preprocessing, and post-processing. Natural language processing, speech recognition, and open-source platforms are other essential elements of edge AI ecosystems. Energy efficiency, thermal management, and low-power computing are essential considerations for edge AI hardware design. The market's evolution is shaped by the increasing demand for AI-enabled applications in various industries, such as industrial automat