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IT Hardware in Nigeria

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    Report

  • 45 Pages
  • October 2025
  • Region: Nigeria
  • MarketLine
  • ID: 6214227
Description Jump to:
IT Hardware in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • IT hardware market includes all physical components integral to computing within enterprise IT solutions.
  • The Nigerian IT hardware market recorded revenues of $4.1 billion in 2024, representing a compound annual growth rate (CAGR) of 2.1% between 2019 and 2024.
  • The client computing hardware segment accounted for the market's largest proportion in 2024, with total revenues of $2.0 billion, equivalent to 49.6% of the market's overall value.
  • In 2024, the Nigerian IT hardware market recorded an annual growth of 2.1%. The growth is attributed to the country’s rapid digital transformation, expanding telecommunications infrastructure, and increasing enterprise IT adoption.

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 Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it hardware market in Nigeria
  • 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 Nigeria it hardware market with five year forecasts

Reasons to Buy

  • What was the size of the Nigeria it hardware market by value in 2024?
  • What will be the size of the Nigeria it hardware market in 2029?
  • What factors are affecting the strength of competition in the Nigeria it hardware market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Nigeria's it hardware market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Dell Technologies Inc
8.2. HP Inc
8.3. Hewlett Packard Enterprise Co
8.4. Cisco Systems Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Nigeria IT hardware market value: $ billion, 2019-24
Table 2: Nigeria IT hardware market category segmentation: % share, by value, 2019-24
Table 3: Nigeria IT hardware market category segmentation: $ billion, 2019-24
Table 4: Nigeria IT hardware market geography segmentation: $ billion, 2024
Table 5: Nigeria IT hardware market value forecast: $ billion, 2024-29
Table 6: Dell Technologies Inc: Key Facts
Table 7: Dell Technologies Inc: Annual Financial Ratios
Table 8: Dell Technologies Inc: Key Employees
Table 9: HP Inc: Key Facts
Table 10: HP Inc: Annual Financial Ratios
Table 11: HP Inc: Key Employees
Table 12: Hewlett Packard Enterprise Co: Key Facts
Table 13: Hewlett Packard Enterprise Co: Annual Financial Ratios
Table 14: Hewlett Packard Enterprise Co: Key Employees
Table 15: Cisco Systems Inc: Key Facts
Table 16: Cisco Systems Inc: Annual Financial Ratios
Table 17: Cisco Systems Inc: Key Employees
Table 18: Cisco Systems Inc: Key Employees Continued
Table 19: Cisco Systems Inc: Key Employees Continued
Table 20: Cisco Systems Inc: Key Employees Continued
Table 21: Nigeria Size of Population (Million), 2020-24
Table 22: Nigeria Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: Nigeria GDP (Current Prices, $ Billion), 2020-24
Table 24: Nigeria Inflation, 2020-24
Table 25: Nigeria Consumer Price Index (Absolute), 2020-24
Table 26: Nigeria Exchange Rate, 2019-24
List of Figures
Figure 1: Nigeria IT hardware market value: $ billion, 2019-24
Figure 2: Nigeria IT hardware market category segmentation: $ billion, 2019-24
Figure 3: Nigeria IT hardware market geography segmentation: % share, by value, 2024
Figure 4: Nigeria IT hardware market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the IT hardware market in Nigeria, 2024
Figure 6: Drivers of buyer power in the IT hardware market in Nigeria, 2024
Figure 7: Drivers of supplier power in the IT hardware market in Nigeria, 2024
Figure 8: Factors influencing the likelihood of new entrants in the IT hardware market in Nigeria, 2024
Figure 9: Factors influencing the threat of substitutes in the IT hardware market in Nigeria, 2024
Figure 10: Drivers of degree of rivalry in the IT hardware market in Nigeria, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Dell Technologies Inc
  • HP Inc
  • Hewlett Packard Enterprise Co
  • Cisco Systems Inc

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