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.
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The market is valued at $186 billion in 2017 due to the economic growth, smart cities and government initiatives.
In the report, the global computer hardware services market is divided into three segments. Computers occupy the major portion of the market, accounting for nearly half of the market and the remaining portion is occupied by the other two segments, computer storage device and peripheral equipment.
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The USA was the largest country in the Computer Hardware market in 2017, accounting for one-fifth of the market share. This is due to the emerging markets growth, technology development and increasing data volume. China and Japan followed the USA as the next largest countries in the market.
The computer hardware services market is fragmented with a number of large and small organizations. The top five competitors in the market made up 47% of the total market in 2017. HP was the largest competitor of the market, followed by Apple and IBM. Hewlett Packard is the largest company in the computer hardware market. The company was founded in 1939 and is headquartered in Palo Alto, USA. It is a multinational information technology company.
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