1. Market Research
  2. > ICT Market Trends
  3. > IT Hardware

IT Hardware Sector: Latest Market Stats & Reports

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
40 votes

Global IT Hardware Industries

The world IT hardware and electronic equipment industry continue to expand in tandem with technological developments.

The global electronic equipment industry involves mostly relatively small companies, though there are some large companies operating in the market. Certain companies specialize in research and development, while others may just produce components. Electronic product manufacturers often work in tandem with and are located near, companies that manufacture intermediate components necessary to produce finished products. Companies may also undertake collaborative research and development to cut costs.

The global IT hardware industry involves the assembly and manufacture of computers, along with their hardware and peripherals. The industry encompasses many devices including ATM machines, monitors, printers & copiers, keyboards, storage devices and webcams. Both computer hardware and software are used for data storage, exchange and revision, and the market is characterized by intense competition. The IT hardware industry is also in important part of the broader information and communications industry.

IT Hardware Trends

The computer hardware market is constantly evolving due to technological innovation. Consumer demand for new products seems endless, with growth potential remaining for devices such as ultra-minimal desktops and tablet PCs. The more long-standing PC market, however, has seen a degree of company commodification resulting in price pressure, which in turn drags down profit. The less established part of the market, characterized by innovation, is time sensitive in that companies quickest to get their products to market benefit from the newness factor sought after by consumers eager to keep up with the times.

Computer hardware companies enjoy international presence, selling their wares worldwide. On the manufacturing side of the business, much hardware design and production is carried out in Asia, in particular in China, Japan and India. Many high-tech companies work in conjunction with universities and are often located close to third-level educational institutions.

Companies are less bound by borders than before, with electronic equipment outfits often basing their headquarters in one country and locating factories and development facilities in other countries. Hoovers estimates there are as many as 13,000 US electronic equipment repair service outlets, collectively generating close to $20 billion. Heavily reliant on corporate demand, the electronics equipment market tends to rise and fall with corporate profit. In the US, corporate profit climbed almost 8% in the third fiscal quarter of 2011, compared with 2010.

Hardware Key Market Segments

Visiongain estimates the global wireless roaming market (including access to point-of-sale systems for retailers) will exceed $66 billion in 2016. Long-term evolution services are set to impact the overall telecom industry but in particular the roaming sector. Roaming costs will be kept in check by regulatory bodies, meaning that companies will benefit from reviewing their roaming pricing practices.

Visiongain predicts cyberwarfare expenditure will near $16 billion in 2012, as companies and governments seek to protect their data from cyber attacks. As computer network systems become more connected and intricate, the demand for cybersecurity will continue to grow.

The world semiconductor market was worth almost $347 billion in 2010, according to MarketLine. The market is expected to grow at a yearly rate of almost 5.5% through 2015 to reach almost $450 billion. The integrated sector represents the leading market segment, exceeding $277 billion in 2010, accounting for 80% of the overall market.

The global Ethernet switch industry is expected to expand more than 10% between 2010 and 2014, reports TechNavio. Increasing numbers of data centers are being set up, fuelling the market, while the market’s dependence on component providers is considered an obstacle to expansion.

Read more »

You might be interested in these related markets:

Customer Support

Talk to Sam

+1 646 893 5945

340 Reports
Demand, Company, Supply
66 Statistics
Market Size, Demand, Finance
450 Reports
Demand, Supply, Company
100 Statistics
Market Size, Demand, Finance
25 Reports
Demand, Supply, Forecast
44 Statistics
Market Size, Demand, Finance
52 Reports
Demand, Supply, Company Financials
27 Statistics
Market Size, Demand, Finance
18 Reports
Demand, Supply, Forecast
28 Statistics
Market Size, Demand, Finance
28 Reports
Supply, Demand, Company Financials
61 Statistics
Market Size, Demand, Finance
8 Reports
Demand, Supply, Forecast
5 Statistics
Market Size, Demand, Finance
17 Reports
Supply, Demand, Company
18 Statistics
Market Size, Finance, Demand
5 Reports
Demand, Company Financials, Supply
15 Statistics
Market Size, Demand, Finance
21 Reports
Demand, Company Financials, Supply
5 Statistics
Market Size, Demand, Supply

About 4500 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 149 - $ 25000)

Smart Building Market by Type, Building Type And Region - Global Forecast to 2022

Smart Building Market: Global Forecast until 2022

  • $ 7150
  • Industry report
  • August 2017
  • by MarketsandMarkets

The growing need for integrated security and safety systems in buildings is one of the key factors expected to drive the growth of the smart building market.The smart building market is projected to grow ...

Cybersecurity Market: Global Forecast until 2022 $ 7150 July 2017

IoT Node and Gateway Market: Global Forecast until 2023 $ 7150 June 2017

Automatic Identification and Data Capture Market: Globa ... $ 5650 June 2018

Medical Device Security Market: Global Forecast until 2 ... $ 5650 May 2018

Wireless Data Radio Modem Market: Global Forecast until ... $ 5650 March 2018

Vision Processing Unit Market: Global Forecast until 20 ... $ 5650 January 2018

Large Format Printer Market: Global Forecast until 2023 $ 5650 December 2017

System: Package Market Forecast until 2023 $ 5650 November 2017

Thermal Printing Market: Global Forecast until 2023 $ 5650 November 2017

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on