Computer Hardware Market Size, Growth, Opportunity and Forecast to 2030

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05 October 2020

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The Business Research Company’s latest report Computer Hardware Global Market Report 2020 covers Computer Hardware market drivers, Computer Hardware market trends, Computer Hardware market segments, Computer Hardware market growth rate, Computer Hardware market major players, and Computer Hardware market size. The report provides in-depth analysis of the impact of COVID-19 on the Computer Hardware industry, along with revised market numbers due to the effects of the coronavirus.

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Computer Hardware Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global computer hardware market is expected to decline from $934.9 billion in 2019 to $897.6 billion in 2020 at a compound annual growth rate (CAGR) of -4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $1036.6 billion in 2023.
The global computer hardware market is segmented by type into computer peripheral equipment, computer storage devices and servers, computers, by end-user into household, commercial, by distribution channel into online, offline. Subsegments covered are mouse, keyboard, monitor, printer, scanner, computer storage devices, computer servers, PCs, laptops, tablets, others – computers.
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