Computer hardware sales in the US have shown fluctuating trends over the past decade, reaching $27.08 billion by 2023. The market experienced significant growth in 2017 with a year-on-year increase of 15.44%, followed by variable performance in subsequent years. From 2020 to 2023, the market demonstrated moderate stability, with an average compound annual growth rate (CAGR) of 1.17%. The forecasted data from 2024 to 2028 suggest a steady upward trend, with a forecasted five-year CAGR of 0.86% and a total growth rate of 4.38%.
Future trends to watch for:
- Increased adoption of emerging technologies like AI and IoT driving hardware sales.
- Potential impact of supply chain disruptions on market performance.
- Shifts in consumer behavior towards more sustainable and energy-efficient hardware solutions.
