From 2013 to 2023, the market for computers and peripheral equipment in Belgium has shown varying growth rates. Starting with an 8.86% increase in 2013, the market saw declines in 2014 and 2015, followed by significant growth in 2016. Between 2017 and 2023, growth rates fluctuated, peaking in 2021 with a 9.23% increase, but rather stabilizing towards 2023 with a 1.61% rise, standing at €2.3634 Billion that year. The 5-year CAGR from 2018 to 2023 was 1.39%, indicating moderate but steady growth.
Future projections from 2024 to 2028 suggest a continued but moderate year-on-year growth, with a forecasted 5-year CAGR of 1.25% and an overall growth rate of 6.4%. By 2028, the market is expected to reach €2.562 Billion, indicating a slow but consistent increase in market size.
Trends to watch for in the future include increasing digital transformation, demand for peripheral devices driven by remote work and education, as well as advancements in computing technologies that could drive further market growth.
