The market for computers and peripheral equipment in Belgium has shown a consistent decline from 12.154 million (2013) to a forecasted 0.53245 million (2028). Notable yearly variations include a 19.36% drop in 2014, a 25.81% drop in 2021, and a 14.99% drop forecasted for 2023. The 5-year CAGR from 2023 to 2028 is estimated at -29.41%, revealing an overall market contraction of 82.47%.
Future Trends to Watch
The market is forecasted to continue its downtrend, propelled by shifts toward cloud computing, mobile technology proliferation, and potential economic pressures. Observing consumer technology preferences and macroeconomic factors will be key to understanding and possibly mitigating these declines.
