Key Highlights
- IT hardware market includes all physical components integral to computing within enterprise IT solutions.
- The global IT hardware market recorded revenues of $519.7 billion in 2024, representing a compound annual growth rate (CAGR) of 5.0% between 2019 and 2024.
- The client computing hardware segment accounted for the market's largest proportion in 2024, with total revenues of $245.1 billion, equivalent to 47.2% of the market's overall value.
- In 2024, the global IT hardware market recorded an annual growth of 4.3%. The growth is attributed to the expanding digital transformation agendas of businesses, which aim to enhance operational efficiency and competitiveness, thereby increasing investments in servers, networking equipment, storage infrastructure, and end-user computing devices.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it hardware market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global it hardware market
- Leading company profiles reveal details of key it hardware market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global it hardware market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Global it hardware market by value in 2024?
- What will be the size of the Global it hardware market in 2029?
- What factors are affecting the strength of competition in the Global it hardware market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's it hardware market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apple Inc
- Huawei Investment & Holding Co Ltd
- Dell Technologies Inc
- Lenovo Group Ltd
- HP Inc
- Hewlett Packard Enterprise Co

