Overview and Scope
Computer and peripherals support services refer to the external support provided for the computer that receives information, enables the computer to output information in visible and auditory form, and carries out other crucial functions.
Sizing and Forecast
The computer and peripherals support services market size has grown steadily in recent years. It will grow from $40.97 billion in 2023 to $41.82 billion in 2024 at a compound annual growth rate (CAGR) of 2.1%. The growth in the historic period can be attributed to pc penetration rates, business IT spending, globalization of businesses, software evolution, customer awareness and education.
The computer and peripherals support services market size is expected to see steady growth in the next few years. It will grow to $49.42 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to remote workforce dynamics, cybersecurity concerns, cloud computing adoption, data privacy regulations, sustainability and green IT. Major trends in the forecast period include e-commerce and digital transformation, emerging technologies, technological advancements, remote monitoring and management (RMM), adoption of cloud-based support solutions.
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Segmentation & Regional Insights
The computer and peripherals support services market covered in this report is segmented –
1) By Connectivity: Wired, Wireless
2) By Device Type: Input Devices, Output Devices, Storage Devices
3) By Distribution Channel: Supermarkets Or Hypermarkets, Brand Stores, Online Stores, Other Distribution Channels
4) By End-user: Commercial, Residential
Asia-Pacific was the largest region in the computer and peripherals support services market in 2023. The regions covered in the computer and peripherals support services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise in the use of computers is expected to propel the growth of the computer and peripheral support services market going forward. A computer is a programmable electrical device that takes raw data as input and processes it using a set of instructions (a program) to produce the output. Computers’ usefulness is based on their ability to store and access massive amounts of data that can be accessed in the future. Thus, the increase in the use of computers will positively impact the computer and peripheral support services market. For instance, in January 2021, according to an article published by Gartner, Inc., a US-based management consulting company, in the third quarter of 2021, worldwide PC shipments totaled 84.1 million units, a 1% increase over the third quarter of 2020. Therefore, the rise in the use of computers is driving the growth of the computer and peripheral support services market.
Key Industry Players
Major companies operating in the computer and peripherals support services market report are Apple Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Facebook Inc., Meta Platforms Advertising Services, Dell Inc., Hitachi Ltd., Siemens AG, General Electric Company, Lenovo Group, Accenture plc, Intel Corporation, Hewlett-Packard Inc., International Business Machines Corporation(IBM), Cisco Systems Inc., Oracle Corporation, Fujitsu Limited, SAP SE, Canon Inc., NEC Corporation, Tata Consultancy Services Limited, Toshiba Corporation, Cognizant Digital Business, DXC Technology IT Transformation Services, Atos Managed Services, Seiko Epson Corporation, Ricoh Company, Logitech International S.A., Egyptian Maintenance Company (EMC), Wipro Infrastructure Engineering Services
The computer and peripherals support services market report table of contents includes:
1. Executive Summary
2. Computer And Peripherals Support Services Market Characteristics
3. Computer And Peripherals Support Services Market Trends And Strategies
4. Computer And Peripherals Support Services Market – Macro Economic Scenario
5. Global Computer And Peripherals Support Services Market Size and Growth
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32. Global Computer And Peripherals Support Services Market Competitive Benchmarking
33. Global Computer And Peripherals Support Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Computer And Peripherals Support Services Market
35. Computer And Peripherals Support Services Market Future Outlook and Potential Analysis
36. Appendix
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