Global IT Hardware Market Size, Share & Trends Analysis Report By Type (PC hardware, PC peripherals, Storage devices), By Application (The central processing unit, Monitor, Keyboard, Computer data storage, Graphic card, Sound card, and others), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

IT Hardware Market globally had total revenue of USD 55386.9 million in 2019, representing a compound annual growth rate (CAGR) of 1.5% during the forecast.

The IT Hardware market comprises all components integral to computing, such as computer, networking, security, server, and storage hardware. Moreover, IT Hardware includes networking hardware such as switches and Ethernet hubs, WAN CPE, Ethernet routers and termination equipment, WAN multi-service switches, WLAN access points, WLAN cards, and WLAN switches and appliances.

The computing hardware entails notebook PCs, desktop PCs, fixed phones and adaptors, scanners and imaging devices, standalone printers, thin-clients, and workstations. Others include 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).

Increased demand for laptops and related computer hardware has been experienced, as companies are keen to support their employees working from home. One of the factors driving the need for PC hardware is the increasing demand among children for their academic purposes. In addition, due to the COVID-19 outbreak, trade restrictions and lockdowns were imposed across countries ware influenced the industry. 

These trade restrictions disrupted the supply chain, resulting in a decline in consumption. The Internet of Things (IoT) is evolving, as the subsequent giant development in the IT hardware Company market with the skill to build an impression across the businesses is increasing. The Internet of Things amalgamated the online and physical worlds to create opportunities for consumers, governments, and companies worldwide.

The global IT hardware is segmented based on type and application. 

Based on type market is segmented into

• PC hardware
• PC peripherals
• Storage devices

By type segment, the PC Peripherals leads the global IT Hardware segment with a total revenue share of 52.4% for its overall value.

By application, the market is segmented into IT hardware and networking companies. 

• The central processing unit
• Monitor
• Keyboard
• Computer data storage
• Graphic card
• Sound card, and others.

Geologically, the global IT hardware market is bifurcated into

• North America
• Europe
• The Asia Pacific
• Middle East & Africa (MEA)
• South America.  

North America and Europe are the most dominant markets globally, making up 31.9% and 25.5% market share of the total global IT hardware market, respectively, in 2017. The adoption of hardware across various industries in the region has been significant. In addition, continuous demand for Computer hardware products in countries such as Canada and the U.S. is projected to fuel the growth of the global market in the region.

Some of the key players in the global IT hardware market include 

• Apple Incorporation
• Fujitsu Limited
• Lenovo Group Limited
• General Services Administration (GSA)
• HP Incorporation
• AsusTek Computer Inc.
• Acer Incorporation
• Samsung Electronics Co. Ltd.
• Quanta Computer Incorporation
• Compal Incorporation
• Foxconn Technology Group
• International Business Machines Corporation (IBM)
• Toshiba Information Systems Corporation  
• Hewlett Packard Enterprise Company. 

The major players are investing mainly in PC / Hardware research and development to bring innovative products to the customers. For instance, in January 2021, a slim laptop called "Blade Bezel," an under-display camera lighter than some smartphones already present in the market.

Global IT Hardware Market Growth, Trend and Forecast 2021-2028

Chapter 1 IT Hardware Market Overview
1.1 Product Overview and Scope of IT Hardware
1.2 IT Hardware Market Segmentation by Type
1.2.1 Global Production Market Share of IT Hardware by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 IT Hardware Market Segmentation by Application
1.3.1 IT Hardware Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 IT Hardware Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of IT Hardware (2014-2028)

Chapter 2 Global Economic Impact on IT Hardware Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global IT Hardware Market Competition by Manufacturers
3.1 Global IT Hardware Production and Share by Manufacturers (2020 and 2020)
3.2 Global IT Hardware Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global IT Hardware Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers IT Hardware Manufacturing Base Distribution, Production Area and Product Type
3.5 IT Hardware Market Competitive Situation and Trends
3.5.1 IT Hardware Market Concentration Rate
3.5.2 IT Hardware Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global IT Hardware Production, Revenue (Value) by Region (2014-2021)
4.1 Global IT Hardware Production by Region (2014-2021)
4.2 Global IT Hardware Production Market Share by Region (2014-2021)
4.3 Global IT Hardware Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global IT Hardware Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America IT Hardware Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe IT Hardware Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China IT Hardware Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan IT Hardware Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia IT Hardware Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India IT Hardware Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global IT Hardware Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global IT Hardware Consumption by Regions (2014-2021)
5.2 North America IT Hardware Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe IT Hardware Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China IT Hardware Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan IT Hardware Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia IT Hardware Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India IT Hardware Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global IT Hardware Production, Revenue (Value), Price Trend by Type
6.1 Global IT Hardware Production and Market Share by Type (2014-2021)
6.2 Global IT Hardware Revenue and Market Share by Type (2014-2021)
6.3 Global IT Hardware Price by Type (2014-2021)
6.4 Global IT Hardware Production Growth by Type (2014-2021)

Chapter 7 Global IT Hardware Market Analysis by Application
7.1 Global IT Hardware Consumption and Market Share by Application (2014-2021)
7.2 Global IT Hardware Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 IT Hardware Manufacturing Cost Analysis
8.1 IT Hardware Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of IT Hardware

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 IT Hardware Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of IT Hardware Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global IT Hardware Market Forecast (2021-2028)
12.1 Global IT Hardware Production, Revenue Forecast (2021-2028)
12.2 Global IT Hardware Production, Consumption Forecast by Regions (2021-2028)
12.3 Global IT Hardware Production Forecast by Type (2021-2028)
12.4 Global IT Hardware Consumption Forecast by Application (2021-2028)
12.5 IT Hardware Price Forecast (2021-2028)

Chapter 13 Appendix