Global Computer Hardware Manufacturing Market Size, Share, and COVID-19 Impact Analysis, Russia-Ukraine War Impact, Tariff Analysis, By Product & Service (Computer Manufacturing, Computer Storage Device Manufacturing, and Other Computer Peripheral Manufacturing), By Major Market (Trade, Wholesalers & Retailers, and Direct Sales), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035
Industry: Information & TechnologyComputer Hardware Manufacturing Market Summary, Size & Emerging Trends
According to Spherical Insights, The Global Computer Hardware Manufacturing Market Size is Expected to grow from USD 294.5 Billion in 2024 to USD 837.5 Billion by 2035, at a CAGR of 9.97% during the forecast period 2025-2035. The increasing popularity of modular PCs and demand for robust and reliable computing solutions are key growth drivers for the global computer hardware manufacturing market.
Key Market Insights
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- North America is expected to account for the largest share in the computer hardware manufacturing market during the forecast period.
- In terms of product & service, the computer manufacturing segment is projected to lead the computer hardware manufacturing market in terms of product & service throughout the forecast period
- In terms of major market, the trade segment captured a significant portion of the market
Global Market Forecast and Revenue Outlook
- 2024 Market Size: USD 294.5 Billion
- 2035 Projected Market Size: USD 837.5 Billion
- CAGR (2025-2035): 9.97%
- North America: Largest market in 2024
- Asia Pacific: Fastest growing market
Computer Hardware Manufacturing Market
The computer hardware manufacturing market is the IT (information technology) industry that emphasizes the designing, production, and sale of physical computer components & devices, including PCs, laptops, servers, storage devices, and peripherals. Manufacturing of computer hardware involves computers and related devices such as monitors, keyboards, and printers in the electronics industry. Ongoing development of semiconductor technology, including reduced chip sizes, sophisticated packaging methods, and enhanced fabrication processes, leads to the production of strong and energy-efficient components that meet the needs for electronic gadgets and next-generation computers.
Computer Hardware Manufacturing Market Trends
- Edge computing enables data processing locally, saving data transportation costs and ensuring reliable data access
- Integration of AI and machine learning
- Modular & upgradable systems
- Biometric security integration
- Multi-cloud environments.
Computer Hardware Manufacturing Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 294.5 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 9.97% |
2035 Value Projection: | USD 837.5 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 240 |
Tables, Charts & Figures: | 127 |
Segments covered: | By Product & Service, By Major Market and By Region |
Companies covered:: | Apple Inc., Dell Technologies Inc., HP Inc., Lenovo Group Ltd., ASUS Computer International, Microsoft Corporation, Samsung Electronics Co., Ltd., Intel Corporation, Advanced Micro Devices, Inc. (AMD), NVidia Corporation, Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Computer Hardware Manufacturing Market Dynamics
Driving Factors: The increasing popularity of modular PCs and demand for robust and reliable computing solutions are driving growth in the computer hardware manufacturing market
The growth of the computer hardware manufacturing market is driven by the growing popularity of modular PCs and demand for robust & reliable computing solutions. Modular PC architecture addresses the need for end-of-life extension with the flexibility to upgrade and repair systems with ease. Value of customizability, ease of repair, and sustainability is gained by the modular PC architect. Robust and reliable computing solutions like AI-enabled PCS and custom chips for data centers, and ruggedized computing devices are driving the demand for computer hardware, thereby propelling the market growth.
Restrain Factors: The Computer Hardware Manufacturing market faces challenges due to rapid technological advancement in computer hardware
The rapid obsolescence of hardware due to technological advancements, driving the release of new hardware models and components at an accelerating pace.
Opportunity: An increasing gaming, esports, and virtual reality applications are creating new opportunities in the computer hardware manufacturing market
There is growing investment in developing advanced VR hardware and software for innovating and making VR more accessible to a wider consumer base. There is an increasing demand for high-performance gaming consoles, computer gaming peripherals, and interactive gaming technology, driving the demand for gaming hardware. Furthermore, increasing investments in AI-driven gaming peripherals, next-gen GPUs, and cloud-connected gaming consoles contribute to offering market opportunities.
Challenges: Increased price of hardware, limited accessibility of imported hardware, and supply chain disruptions are challenging the computer hardware manufacturing market.
Disruption in global supply chains is affecting the accessibility of computer hardware, including processors and memory chips, to complete desktop and laptop systems. The disruption is driven by geopolitical tensions, natural disasters, and global pandemics. However, adopting strategies like supplier diversification, technological innovation, collaborative partnerships, and improved inventory management aids in mitigating these issues.
Global Computer Hardware Manufacturing Market Ecosystem Analysis
The Global Computer Hardware Manufacturing Market ecosystem includes raw material suppliers, component manufacturers, assembly plants, designers, software developers, logistics providers, and a global distribution network for delivering products to end-users. Key technologies involve 5G, machine learning, and artificial intelligence. Market growth is driven by demand for robust and reliable computing solutions and the popularity of modular PCs, while increased prices and supply chain disruptions remain challenges. Opportunities are bolstered by the increasing gaming, esports, and virtual reality applications.
Global Computer Hardware Manufacturing Market, By Product & Service
The computer manufacturing segment led the computer hardware manufacturing market, generating the largest revenue share. This dominance can be attributed to the technological advancements enhancing performance & ruggedization, as well as the adoption of IoT and connected devices for real-time monitoring. The segment includes computer technology and automation systems, including computers, laptops, and other electronic devices.
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The computer peripheral manufacturing segment in the computer hardware manufacturing market is expected to grow at a significant CAGR over the forecast period, driven by the growing need for external storage devices and increasing digitalization in educational institutions. Changing consumer demand and technological advancements from ergonomic designs and wireless technology to smart systems integration and sustainability are propelling the market growth.
Global Computer Hardware Manufacturing Market, By Major Market
The trade segment held a significant market share in the computer hardware manufacturing market, due to the increasing number of international trade and the expanding e-commerce industry. It includes the international buying and selling of components & devices such as PCs, laptops, servers, storage devices, and peripherals, with major exporters like China, the US, and Taiwan.
The wholesalers & retailers segment in the computer hardware manufacturing market is projected to register a significant CAGR, driven by increasing consumer income, business growth, and innovation in the technology sector. The segment further includes brand-new wholesale computing products and graded, refurbished, or untested computer parts available in bulk. Further, there is an increasing focus on developing efficient and effective advertising strategies and pricing their products competitively.
North America is expected to account for the largest share of the computer hardware manufacturing market during the forecast period, driven by the presence of advanced technological infrastructure and the adoption of innovative hardware solutions. An increasing need for laptops, personal computers, business computing devices, and other gadgets is driving the computer production, thereby contributing to the market.
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The United States is experiencing steady growth in the computer hardware manufacturing market, fueled by the presence of major technology companies, with increased emphasis on R&D activities. The development of cloud computing, artificial intelligence, and other high-powered processing has driven the growth of computers, contributing to the market growth.
Asia Pacific is expected to grow at the fastest CAGR in the computer hardware manufacturing market during the forecast period. This rapid growth is driven by the expanding IT infrastructure and demand for consumer electronics. Nations like China, Japan, and India are driving the need for tech devices, with consumers’ increasing disposable income is promoting the regional market.
Japan is rapidly expanding in the computer hardware manufacturing market, as the country is leading in robotics and artificial intelligence. Further, a growing economy and GDP, increasing technologies, and foreign direct investment (FDI) are contributing to propel the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the computer hardware manufacturing market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
WORLDWIDE TOP KEY PLAYERS IN THE COMPUTER HARDWARE MANUFACTURING MARKET INCLUDE
- Apple Inc.
- Dell Technologies Inc.
- HP Inc.
- Lenovo Group Ltd.
- ASUS Computer International
- Microsoft Corporation
- Samsung Electronics Co., Ltd.
- Intel Corporation
- Advanced Micro Devices, Inc. (AMD)
- NVidia Corporation
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the computer hardware manufacturing market based on the below-mentioned segments:
Global Computer Hardware Manufacturing Market, By Product & Service
- Computer Manufacturing
- Computer Storage Device Manufacturing
- Computer Peripheral Manufacturing
Global Computer Hardware Manufacturing Market, By Major Market
- Trade
- Wholesalers & Retailers
- Direct Sales
Global Computer Hardware Manufacturing Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the computer hardware manufacturing market over the forecast period?The global computer hardware manufacturing market is projected to expand at a CAGR of 9.97% during the forecast period.
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2. What is the market size of the computer hardware manufacturing market?The global computer hardware manufacturing market size is expected to grow from USD 294.5 Billion in 2024 to USD 837.5 Billion by 2035, at a CAGR of 9.97% during the forecast period 2025-2035.
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3. Which region holds the largest share of the computer hardware manufacturing market?North America is anticipated to hold the largest share of the computer hardware manufacturing market over the predicted timeframe.
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4. Who are the top 10 companies operating in the global computer hardware manufacturing market?Key players include Apple Inc., Dell Technologies Inc., HP Inc., Lenovo Group Ltd., ASUS Computer International, Microsoft Corporation, Samsung Electronics Co., Ltd., Intel Corporation, Advanced Micro Devices, Inc. (AMD), and NVidia Corporation.
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5. Can you provide company profiles for the leading companies of computer hardware manufacturing market?Yes. For example, Apple Inc. is an American multinational corporation and technology company, best known for its consumer electronics, software, and services. Dell Technologies Inc. is an American multinational technology company, and its products include personal computers, servers, monitors, computer software, computer security and network security, as well as information security services.
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6. What are the main drivers of growth in the computer hardware manufacturing market?The increasing popularity of modular PCs and demand for robust and reliable computing solutions are major market growth driver.
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7. What challenges are limiting the computer hardware manufacturing market?Increased price of hardware, limited accessibility of imported hardware, and supply chain disruptions, remain key restraints.
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