Global Computers Market Trends And Strategies Of Major Players In The Computers Market 2021-2030

24 Jun, 2021

The computers market consists of sales of computers by entities (organizations, sole traders and partnerships) that provide computers which are programmable electronic devices designed to accept data, perform prescribed mathematical and logical operations at high speed, and display the results of these operations.

Global Computers Market Size And Drivers:

The global computers market is expected to grow from $331.45 billion in 2020 to $367.56 billion in 2021 at a compound annual growth rate (CAGR) of 10.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $505.45 billion in 2025 at a CAGR of 8%. The computer market is expected to be aided by rapid growth in investments in smart city projects in many countries globally.

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Trends In The Global Computers Market

The Internet of Things (IoT) is emerging as the next big trend in the computers market with the ability to create an impact across the business spectrum. The Internet of Things merged the physical and online worlds to open up to a host of opportunities for companies, governments and consumers. IoT is a complex ecosystem with multiple players such as device vendors, communication service providers, software vendors and IT service providers. For example, the August Smart Lock uses an IoT platform to automatically lock and unlock the front door of a user’s residence, and can also remotely grant access to guests, friends or staff.

Global Computers Market Segments:
The global computers market is further segmented based on type, application and geography.
By Type: PCs, Laptops, Tablets, Other Computers
By Application: Household, Commercial
By Geography: The global computers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global computers market, accounting for 37% of the market in 2020.

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Computers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides computers market overviews, analyzes and forecasts market size and growth for the global computers market, computers market share, computers market players, computers market segments and geographies, computers market’s leading competitors’ revenues, profiles and market shares. The computers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.