In 2023, the UK computer hardware production value stood at 1.69 billion euros. From 2024 to 2028, forecasts show a consistent decline: 1.66 billion euros in 2024, 1.62 billion euros in 2025, 1.59 billion euros in 2026, 1.55 billion euros in 2027, and 1.52 billion euros in 2028.
Variation Analysis over last two years and CAGR:
- Year-on-Year (YoY) decrease from 2023 to 2024 is approximately 1.78%.- YoY decrease from 2024 to 2025 is around 2.41%.- Over the next five years, the Compound Annual Growth Rate (CAGR) is –2.06%, indicating an average annual decline.
Future trends to watch for:
- Increased digital transformation and investment in cloud and software-based solutions.- Shifts in consumer demand towards more portable and versatile devices.- Impact of global supply chain dynamics, including chip shortages and trade policies.- Innovations in sustainable and energy-efficient hardware designs.
