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Computer Hardware Market Growth From $779.34 Billion In 2026 To $987.06 Billion By 2030 At A CAGR Of 6.1%
The computer hardware market has experienced significant expansion in recent years. It is projected to increase from $740.54 billion in 2025 to $779.34 billion in 2026, achieving a compound annual growth rate (CAGR) of 5.2%. The historical growth of this market can be attributed to the widespread adoption of personal computers, the development of enterprise IT infrastructure, the expansion of data centers, the reduction in hardware costs, and increased internet penetration.
The computer hardware market size is expected to undergo significant growth in the coming years. It is forecast to grow to $987.06 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. This expansion during the forecast period can be attributed to factors such as the increasing volume of AI workloads, the broadening of cloud infrastructure, the rising need for edge computing, ongoing enterprise digital transformation initiatives, and the progress in sustainable hardware development. Prominent trends anticipated for this period include high-performance computing systems, the design of energy-efficient hardware, processors optimized for AI, edge computing hardware solutions, and modular computing systems.
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Computer Hardware Market Growth Drivers: What’s Behind The Acceleration?
The burgeoning information technology industry is projected to accelerate the growth of the computer hardware market. The information technology (IT) industry refers to the economic sector concerned with the creation, administration, and implementation of technology and computer-driven systems for storing, transmitting, retrieving, and manipulating data. IT plays a vital role in computer hardware by facilitating the design, manufacturing, deployment, management, and maintenance of hardware components and systems. For instance, in March 2024, a report from the United States Census Bureau, a US-based federal statistical agency, indicated a swift increase in AI adoption, climbing from 3.7% of companies in Fall 2023 to 5.4% in February 2024, with projections suggesting a rise to 6.6% by Fall 2024; furthermore, the employment-weighted usage rate indicates that roughly 12% of workers in firms will be using AI by that time. Therefore, the expanding information technology industry drives the computer hardware market.
Computer Hardware Market Segment Analysis And Revenue Potential
The computer hardware market covered in this report is segmented –
1) By Type: Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers
2) By Distribution Channel: Online, Offline
3) By End-User: Household, Commercial
Subsegments:
1) By Computer Peripheral Equipment: Keyboards And Mice, Monitors, Printers And Scanners, Speakers And Headsets
2) By Computer Storage Devices And Servers: Hard Disk Drives (HDD), Solid State Drives (SSD), Network Attached Storage (NAS), Servers (Rack-Mounted, Blade Servers)
3) By Computers: Desktops, Laptops, Workstations, All-In-One PCs
Computer Hardware Market Trends: What’s Defining The Industry’s Next Phase?
Major companies operating in the computer hardware market are introducing novel products to boost their revenues. A desktop processor is a central processing unit (CPU) specifically designed for use in desktop computers, tasked with carrying out the instructions necessary to operate software. For instance, in July 2023, AMD, a US-based semiconductor company, unveiled the Ryzen 5 7500F, a new desktop processor. This robust processor offers excellent performance considering its price, making it an ideal choice for budget-conscious gamers and professionals. It boasts a base clock speed of 3.7 GHz and a maximum boost clock of up to 5.0 GHz, supports a dual-channel DDR5 memory system, and incorporates 24 usable PCIe 5.0 lanes.
Computer Hardware Market Key Players Shaping Industry Direction
Major companies operating in the computer hardware market are Apple Inc.; Samsung Electronics Co. Ltd.; Hon HAI Precision Industry; Microsoft Corporation; Dell Technologies Inc.; Hitachi Ltd.; Sony Corporation; Lenovo Group Limited; LG Electronics Inc.; Intel Corporation; HP Inc.; Qualcomm Incorporated; Pegatron Corp.; Quanta Computer Inc.; Broadcom Inc.; Canon Inc.; Fujitsu Limited; NVIDIA Corporation; NEC Corporation; Advanced Micro Devices Inc.; Toshiba Corporation; Texas Instruments Incorporated; Western Digital Corporation; Inventec Corp.; Seagate Technology Holdings plc; Acer Inc.; NetApp Inc.; ASUSTeK Computer Inc.; Micron Technology Inc.
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Computer Hardware Market Top Region By Revenue And Market Share
North America was the largest region in the computer hardware market in 2025. Asia-Pacific was the second largest region of the computer hardware market. Africa was the smallest region in the global computer hardware market. The regions covered in the computer hardware market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
