Computers are digital equipment for everyday use in homes and for performing day to day activities in offices. These include personal computers (PCs) laptops and tablets. The computers market also comprises computer storage devices, peripheral equipment, system design services and other related services. The computers market includes servers and processors but does not include embedded systems used in automobiles and manufacturing plants.
Computer hardware market segments includes computer peripheral equipment, computer storage device and computers.
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The global computer hardware market has been growing in the past years with a CAGR of almost 4%. The year 2017 recorded growth in this market with a net market value more than 14% higher than that of 2013, as per TBRC’s in-house consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the global computer hardware market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
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The Internet of Things (IoT) is emerging as the next big trend in the computers market with the ability to create an impact across the business spectrum. The Internet of Things merged the physical and online worlds to open up to a host of opportunities for companies, governments and consumers. The IoT is a complex ecosystem with multiple players such as device vendors, communication service providers, software vendors and IT service providers. For example, The August Smart Lock uses the Internet of Things platform to automatically lock and unlock the front door of a user’s residence, and can also remotely grant access to guests, friends or staff.
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Companies included in the report are Apple, IBM, and HP.
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