Computer Numerical Control (CNC) Machinery Global Market Report 2023 – By Type (Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Other Types), By Number Of Axes (3 Axis, 4 Axis, 5 Axis), By End Use (Automotive, Aerospace And Defense, Construction Equipment, Power And Energy, Industrial, Other End Users) – Market Size, Trends, And Global Forecast 2023-2032

Computer hardware is the physical component required for a computer system to function. The main types of computer hardware are computer peripheral equipment, computer storage devices and servers and computers. Computer peripheral equipment are devices (including sensors) used to enter information and instructions into a computer for storage or processing and to deliver the processed data to the operator or to a machine controlled by the computer. The various distribution channels include online and offline. The various end-user are household and commercial users. The global computer hardware market is segmented - 1) By Type: Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers 2) By End-User: Household, Commercial 3) By Distribution Channel: Online, Offline Subsegments Covered: Mouse, Keyboard, Monitor, Printer, Scanner, Computer Storage Devices, Computer Servers, PCs, Laptops, Tablets, Other Computers The global computer hardware market size grew from $658.32 billion in 2022 to $705.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computer hardware market is expected to grow to $909.8 billion in 2027 at a CAGR of 6.6%. The computer hardware market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services, including transportation systems, water supply, and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, and mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human-to-computer interaction. Smart cities use computers and related hardware, thereby benefitting the companies operating in this market. APG Algemene Pensioen Groep N.V. in 2021, announced an additional €500 million ($585 million) to ‘’Smart City Infrastructure Fund’’, for the development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Major companies in the computer hardware market include Dell Technologies Inc., HP, Apple, Lenovo Group Limited, Samsung Electronics Co., Ltd., Quanta Computer, Pegatron Corp, Intel Corporation, Hon Hai Precision Industry, and Inventec Corp. Electrical and electronic waste (e-waste) is currently the largest growing waste stream and rising regulations regarding its recycle and disposal are likely to hinder the growth of the computer hardware market. E-waste is hazardous and expensive to treat in an environmentally sound manner, and there is a general lack of standardized legislation or enforcement regarding e-waste. Close to 50 million tons of e-waste is generated globally every year and this e-waste is generally discarded in the general waste stream. Within these regions, e-waste is recycled using rudimentary techniques. E-waste has adverse environmental and health implications, for example, e-waste represents only 2% of solid waste in landfill globally but it accounts for up to 70% of hazardous materials. Safety and health issues, labor issues and regulatory frameworks related to the management of e-waste can be a threat to this market going forward. Many technology companies are introducing tablets to replace laptop computers. Portability, the ability to connect to 3G and 4G networks, and the light weight of these devices are the major reasons for individuals increasingly opting for tablets. According to a Nielsen study, less than one-third of tablet owners surveyed indicated that their desktop usage will be limited or not at all. This decreasing usage of desktop computers is encouraging computer hardware manufacturers to design and produce tablet computers. North America was the largest region in the computer hardware market in 2022. 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 are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the computer hardware market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The computer hardware market includes revenues earned by entities by consists of sales of personal computers (PCs), laptops and tablets, computer storage devices, peripheral equipment, etc. The computer hardware market includes servers and processors but does not include embedded systems used in automobiles and manufacturing plants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The computer hardware market research report is one of a series of new reports from The Business Research Company that provides computer hardware market statistics, including computer hardware industry global market size, regional shares, competitors with a computer hardware market share, detailed computer hardware market segments, market trends and opportunities, and any further data you may need to thrive in the computer hardware industry. This computer hardware market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Computer peripheral equipment is any device that is not essential to the computer's functioning but can be connected to it externally for added functionality. The main types of computer peripheral equipment are mouse, keyboard, monitor, printer and scanner. A mouse is a handheld input device used to move cursor around a computer screen. The computer peripheral equipment can be wired or wireless and are implemented in various areas such as residential and commercial applications. The global computer peripheral equipment market is segmented - 1) By Type: Mouse, Keyboard, Monitor, Printer, Scanner 2) By Connectivity: Wired, Wireless 3) By End-Use: Residential, Commercial The global computer peripheral equipment market size grew from $141.24 billion in 2022 to $146.66 billion in 2023 at a compound annual growth rate (CAGR) of 3.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of computer peripheral equipment industry is expected to grow to $166.7 billion in 2027 at a CAGR of 3.3%. Data volume generated from personal devices and various business operations in many industries is rapidly increasing; this is expected to drive the demand for storage devices during the forecast period. For instance, the total data generated worldwide is projected to reach 163 zettabytes (ZB) by 2025. In order to manage this rising data volume, the demand for storage devices from both corporate and individual customers is expected to drive the computer peripheral equipment market in the forecast period. Major companies in the computer peripheral equipment market include Intel Corporation, Lenovo Group Limited, HP, Dell Technologies Inc., Seiko Epson Corp, America Movil, Fujifilm Corporation, Asustek Computer Inc., Sharp Corporation, and Brother Industries, Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the computer peripheral equipment market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, there has been an increased demand for laptops and related computer hardware as companies look to support their employees working from home. This demand is expected to negate some of the negative impact caused by the outbreak. It is expected that the computer peripheral equipment market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Portable folding keyboards are increasingly becoming popular due to small size and convenience it offers. These keyboards can be connected to devices such as phones, computers, and tablets and are the same size as a regular keyboard when unfolded. Portable folding keyboards are generally compatible with all major operating systems such as Windows, Android and iOS and can be charged using a USB port. Some of the portable folding keyboards include Microsoft's Universal Foldable Keyboard, iClever wireless folding keyboard, IKOS foldable keyboard. In August 2022, HP Inc., a US-based information technology company acquired Poly for an undisclosed amount. The acquisition is anticipated to position the combined company for long-term sustainable growth and value creation, accelerate HP’s ambition to build a more growth-oriented portfolio, and further reinforce its industry opportunity in hybrid work solutions. Poly is a US-based provider of workplace collaboration solutions. North America was the largest region in computer peripheral equipment market in 2022. Asia-Pacific was the second largest region in computer peripheral equipment industry. The regions covered in the computer peripheral equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the computer peripheral equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The computer peripheral equipment market consists of sales of mouse, keyboard, monitor, printer and scanner that connect to a computer system to add functionality. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The computer peripheral equipment market research report is one of a series of new reports from The Business Research Company that provides computer peripheral equipment market statistics, including computer peripheral equipment industry global market size, regional shares, competitors with a computer peripheral equipment market share, detailed computer peripheral equipment market segments, market trends and opportunities, and any further data you may need to thrive in the computer peripheral equipment industry. This computer peripheral equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Computer storage devices is a hardware device that stores data and applications on electromagnetic, optical or silicon-based storage media. A computer server is a device or software that performs a service that addresses the needs of another computer, known as client. The main types of computer storage devices and servers are computer storage devices and computer servers. A computer storage devices are the hardware devices that are that used to store, porting or retrieving data files and objects. They are used in mainframes, desktop, laptop computers, tablets and smartphones and are implemented in various areas such as residential and commercial applications. The global computer storage devices and servers market is segmented - 1) By Type: Computer Storage Devices, Computer Servers 2) By Application: Mainframes, Desktop, Laptop Computers, Tablets, Smartphones 3) By End-Use: Residential, Commercial The global computer storage devices market size grew from $7.57 billion in 2022 to $9.11 billion in 2023 at a compound annual growth rate (CAGR) of 20.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computer storage devices market is expected to grow to $17.91 billion in 2027 at a CAGR of 18.4%. Data volume generated from personal devices and various business operations in many industries is rapidly increasing, this is expected to drive the demand for storage devices during the forecast period. For instance, the total data generated worldwide is projected to reach 163 zettabytes (ZB) by 2025. In order to manage this rising data volume, the demand for storage devices from both corporate and individual customers is expected to drive the computer storage devices and servers market in the forecast period. Major companies in the computer storage devices and servers market include Microsoft, Tencent Holdings Co Ltd., Nintendo Co Ltd., Sony Corp, Netease Inc., Electronic Arts, Google, Financière de l'Odet, Take-Two Interactive, Bandai Namco Holdings Inc. Network-connected storage (NAS) devices such as RAID (Redundant array of independent disks) based NAS and cloud based NAS are susceptible to hacking, malware and other virus attacks. The increase in data availability and accessibility also increases vulnerability to malicious threats and attacks. An attack on network-attached storage can cause loss of intellectual property, business continuity and customer confidence. It can also huge revenue loss to companies depending on the severity of the network attack. Therefore, vulnerable network-connected storage devices hamper the growth of the computer storage devices and servers market. The demand for solid state drives is growing rapidly as it offers higher space and speed than traditional hard disks. A solid state drive is a non-volatile storage media that stores data on solid-state flash memory and offers high-speed data read and write operations for both sequential and random data requests. Unlike a hard disk drive, SSD’s do not have moving parts and are lightweight and small in size. Solid state drives find applications in laptops, personal computers, enterprise storage hardware, smart phones, tablets and many others. According to the International Data Corporation, the market for solid state drives is expected to reach $33.6 billion by 2021 at a CAGR of 14.8%. In March 2020, Quantum a US-based digital storage company, acquired Western Digital Technology's ActiveScale's object storage software. This acquisition helps Quantum Corporation to expand its products and services in the object storage market. Western Digital Technology is a computer hard disk drive manufacturer and data storage company. It is headquartered is in San Jose, California, United States. Asia-Pacific was the largest region in computer storage devices and servers market in 2022. Western Europe was the second largest region in computer storage devices and servers industry. The regions covered in the computer storage devices and servers market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the computer storage devices and servers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The computer storage devices and servers market consists of sales of servers, computer disk drives, USB flash drives, and tape storage and backup units. They store almost all the data and applications on a computer except software permanently programmed on the hardware. This market includes sales of storage servers which are used to store, access, secure and manage digital data, files and services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The computer storage devices and servers market research report is one of a series of new reports from The Business Research Company that provides computer storage devices and servers market statistics, including computer storage devices and servers industry global market size, regional shares, competitors with a computer storage devices and servers market share, detailed computer storage devices and servers market segments, market trends and opportunities, and any further data you may need to thrive in the computer storage devices and servers industry. This computer storage devices and servers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Computer storage devices is a hardware device that stores data and applications on electromagnetic, optical or silicon-based storage media. A computer server is a device or software that performs a service that addresses the needs of another computer, known as client. The main types of computer storage devices and servers are computer storage devices and computer servers. A computer storage devices are the hardware devices that are that used to store, porting or retrieving data files and objects. They are used in mainframes, desktop, laptop computers, tablets and smartphones and are implemented in various areas such as residential and commercial applications. The global computer storage devices and servers market is segmented - 1) By Type: Computer Storage Devices, Computer Servers 2) By Application: Mainframes, Desktop, Laptop Computers, Tablets, Smartphones 3) By End-Use: Residential, Commercial The global computer storage devices market size grew from $7.57 billion in 2022 to $9.11 billion in 2023 at a compound annual growth rate (CAGR) of 20.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computer storage devices market is expected to grow to $17.91 billion in 2027 at a CAGR of 18.4%. Data volume generated from personal devices and various business operations in many industries is rapidly increasing, this is expected to drive the demand for storage devices during the forecast period. For instance, the total data generated worldwide is projected to reach 163 zettabytes (ZB) by 2025. In order to manage this rising data volume, the demand for storage devices from both corporate and individual customers is expected to drive the computer storage devices and servers market in the forecast period. Major companies in the computer storage devices and servers market include Microsoft, Tencent Holdings Co Ltd., Nintendo Co Ltd., Sony Corp, Netease Inc., Electronic Arts, Google, Financière de l'Odet, Take-Two Interactive, Bandai Namco Holdings Inc. Network-connected storage (NAS) devices such as RAID (Redundant array of independent disks) based NAS and cloud based NAS are susceptible to hacking, malware and other virus attacks. The increase in data availability and accessibility also increases vulnerability to malicious threats and attacks. An attack on network-attached storage can cause loss of intellectual property, business continuity and customer confidence. It can also huge revenue loss to companies depending on the severity of the network attack. Therefore, vulnerable network-connected storage devices hamper the growth of the computer storage devices and servers market. The demand for solid state drives is growing rapidly as it offers higher space and speed than traditional hard disks. A solid state drive is a non-volatile storage media that stores data on solid-state flash memory and offers high-speed data read and write operations for both sequential and random data requests. Unlike a hard disk drive, SSD’s do not have moving parts and are lightweight and small in size. Solid state drives find applications in laptops, personal computers, enterprise storage hardware, smart phones, tablets and many others. According to the International Data Corporation, the market for solid state drives is expected to reach $33.6 billion by 2021 at a CAGR of 14.8%. In March 2020, Quantum a US-based digital storage company, acquired Western Digital Technology's ActiveScale's object storage software. This acquisition helps Quantum Corporation to expand its products and services in the object storage market. Western Digital Technology is a computer hard disk drive manufacturer and data storage company. It is headquartered is in San Jose, California, United States. Asia-Pacific was the largest region in computer storage devices and servers market in 2022. Western Europe was the second largest region in computer storage devices and servers industry. The regions covered in the computer storage devices and servers market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the computer storage devices and servers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The computer storage devices and servers market consists of sales of servers, computer disk drives, USB flash drives, and tape storage and backup units. They store almost all the data and applications on a computer except software permanently programmed on the hardware. This market includes sales of storage servers which are used to store, access, secure and manage digital data, files and services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The computer storage devices and servers market research report is one of a series of new reports from The Business Research Company that provides computer storage devices and servers market statistics, including computer storage devices and servers industry global market size, regional shares, competitors with a computer storage devices and servers market share, detailed computer storage devices and servers market segments, market trends and opportunities, and any further data you may need to thrive in the computer storage devices and servers industry. This computer storage devices and servers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Mobile payments refer to that technology or software in which payments are made within the framework of financial regulation and performed by mobile phones with NFC capabilities. The various type of solutions provided are point-of-sale (PoS), in-store payments, and remote payments. A point-of-sale, or POS, is the place where the customer makes a retail payment for products or services. The different types of PoS solutions are near-field communication (NFC) payments, sound-wave based payments, magnetic secure transmission (MST) payments, and in-store payment solutions such as mobile wallets, quick response (QR) code payments. The various types of remote payments are internet payments, SMS payments, direct carrier billing, and mobile banking. The applications of mobile payment technologies are in retail and e-commerce, healthcare, BFSI, and enterprise. The global mobile payment technologies market is segmented - 1) By Solutions: Point-Of Sale (POS), In-Store Payments, and Remote Payments 2) By Application: Retail & E-Commerce, Healthcare, BFSI, Enterprise 3) By POS Solutions: Near-Field Communication (NFC) Payments, Sound-Wave Based Payments, Magnetic Secure Transmission (MST) Payments 4) By In-Store Payments Solutions: Mobile Wallets, Quick Response (QR) Code Payments 5) By Remote Payments: Internet Payments, SMS Payments, Direct Carrier Billing, Mobile Banking The global mobile payment technologies market size will grow from $86.91 billion in 2022 to $109.06 billion in 2023 at a compound annual growth rate (CAGR) of 25.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global mobile payment technologies is expected to grow to $267.96 billion in 2027 at a CAGR of 25.2%. The initiatives taken by governments to promote a cashless economy is a major driver for the growth of the mobile payment technologies market. A cashless economy is the one in which financial transactions are not done with banknotes or physical currency but via digital modes of payment. In this regard, government across the world along with the central banks are taking several initiatives to move towards a cashless economy, which ultimately leads to the growth of the mobile payment technologies market. For instance, in August 2021, the Government of India launched a digital payment method e-RUPI, a cashless and contactless digital payment method. e-RUPI is essentially a digital voucher that a beneficiary receives by SMS or a QR code on his phone. It is a pre-paid coupon that can be used at any location that takes it. Major players in the mobile payment technologies market are PayPalInc., MasterCard, Bharti Airtel, GoogleInc., Apple Inc., First Data Corporation, American Express Co., Vodacom Group, Millicom International Cellular, Mahindra Comviva, Orange, DwollaInc., WorldPay, Paytm, AT & TInc., Safaricom Limited, MTN Group, Econet Wireless Zimbabwe, Visa, BlueSnap, PayU, Bank of America, Amazon, Citrus Payment Solutions, Stripe, Six Payment services, Paysafe, Wirecard, Novatti, Vodafone Ltd., and Microsoft Corporation. Security issues and threat of data breach is an important restraint on the mobile payment technologies market. This is mainly because lot of information and data is transferred in digital payments, which becomes a challenge for data security. There are multiple security issues like frauds & chargebacks, technical integration, malicious app clones, and mobile frauds that have an adverse impact on this market. For example, PayPal announced a security breach that put over 1.6 million customer's data at risk and as a compensation, the company had to offer free credit monitoring services for those who needed it. The integration of Internet of Things (IoT) with mobile payments is an emerging trend in the mobile payment technologies market. IoT is a system of interrelated computing devices, mechanical and digital machines, or people that can transfer data over a network without requiring any human-to-human or human-to-computer interaction. The integration of IoT in mobile payment technologies eases the payment experience of consumers and merchants, ensuring smooth and efficient payments on both ends. Due to increased convenience and safety provided by IoT-based mobile payments, many people are moving towards mobile payment technologies. For example, MasterCard integrated IoT for bringing payments to a wide range of consumer products for around 50 billion devices that are expected to be connected to the internet by 2020. The company is also planning to come up with the latest IoT-based devices to boost digital payments. The mobile payment technologies market is governed by the Payment Services Directives (PSD2) which regulates the payment service providers throughout the European Union (EU) and European Economic Area (EEA). This regulation primarily focuses on developing a more integrated payments market in Europe and encourages non-banks to participate in this industry to enhance competition. PSD2 also ensures safer and more secured payments to increase protection of the customers and their data. Hence, this regulation is expected to further drive the mobile payment technologies market by providing smooth and efficient payment experience for both customers and payment service providers. In March 2022, RAZORPAY, an India-based provider of full-stack financial solutions acquired IZealiant Technologies for an undisclosed amount. With the acquisition of IZealiant, RAZORPAY would be able to support banks with excellent technological infrastructure, enhancing the end-user payment experience. IZealiant Technologies is an India-based provider of software solutions to financial institutions. The Asia-Pacific was the largest region in the mobile payment technologies market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global mobile payment technologies industry report during the forecast period. The regions covered in the global Internet of Things (IoT) security market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the mobile payment technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The mobile payment technologies market includes revenues earned by entities by technologies, which can be used as a method of payment that does not involve cash or cheques but allows consumers to make immediate payments using portable electronic devices such as smartphones or tablets. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The mobile payment technologies market research report is one of a series of new reports from The Business Research Company that provides mobile payment technologies market statistics, including mobile payment technologies industry global market size, regional shares, competitors with a mobile payment technologies market share, detailed mobile payment technologies market segments, market trends and opportunities, and any further data you may need to thrive in the mobile payment technologies industry. This mobile payment technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A computer storage device is a hardware device that stores data and applications on electromagnetic, optical or silicon-based storage media. The main types of computer storage devices are hard disk drive, solid-state drive, USB flash drives, memory cards, optical disks and others. A hard disk drive (HDD) is a non-volatile data storage device that maintain stored data when turned off. They are mainly for individual usage and enterprise usage and used in mainframes, desktop, laptop computers and other applications. The global computer storage devices market is segmented - 1) By Type: Hard Disk Drive, Solid State Drive, USB Flash Drives, Memory Cards, Optical Disks, Other Types 2) By Application: Mainframes, Desktop, Laptop Computers, Other Applications 3) By Usage: Individual Usage, Enterprise Usage The global computer storage devices market size will grow from $7.57 billion in 2022 to $9.11 billion in 2023 at a compound annual growth rate (CAGR) of 20.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global computer storage devices market size is expected to grow to $17.91 billion in 2027 at a CAGR of 18.4%. An increase in the number of social media users that required the storage of big data for further analytical processing is expected to drive the growth of the computer storage devices market. Big data contains a large amount of structured and unstructured data and require huge storage devices, driving demand for computer storage devices. According to the world economic forum 2019, the entire digital universe is expected to reach 44 zettabytes by 2020. Moreover, according to the big data executive survey, 97.2% of companies indicated that they were investing in big data and AI. Thus, the increasing adoption of big data by organizations to reach the target audience using information from social media is influencing the computer storage devices market positively. Major players in the computer storage devices market are Western Digital Technologies, Kingston Technology, Seagate Technology, IBM Corp., Toshiba, Intel, Sony, Lenovo, Dell EMC, Intel Corporation, Hitachi, SanDisk, NetApp, Samsung Electronics, Transcend Information, TeraData Corp., Quantum Corp., Maxtor, pCloud, Zoolz, BigMIND, Polarbackup, PureStorage, Microsoft Azure, AWS, Oracle, HPE, Huawei, Fujitsu, HP and Blue Coat Systems. The possibilities of crashing, data loss, or data violation on storage devices that are dependent on hardware components limited the growth of the computer storage devices market. This data loss or data violation can happen due to many reasons such as viruses & malware, hard drive damage, computer theft, software corruption, and many others. For instance, in February 2022, according to an article published by Backblaze Inc., a US-based data backup and cloud storage company, the annualized failure rates (AFR) for all drive models in 2021 were 1.01%, slightly higher than the 0.93% reported for 2020. These failures result in loss of data and increase operational expenditure. The use of SSD (solid state drive) and the flash array is popular in the computer storage devices market. SSD is a type of hard disk that uses flash memory for storing data. The traditional hard disk is slower as compared to SSDs, where they have a faster read and write speeds and consume low energy. In November 2020, KIOXIA America, Inc. presented PCIe ® 4.0 client solid-state drive (SSD), the organization's first series for notebooks, desktops, and workstations with qualification samples currently delivering to customers. A controller that is built in-house that is KIOXIA’s BiCS FLASH™ 3D flash memory, vertically integrated is deployed by this series. In March 2020, Quantum a US-based, digital storage company acquired Western Digital Technology's ActiveScale's object storage software. This acquisition helps Quantum Corporation to expand its products and services in the object storage market. Western Digital Technology is a computer hard disk drive manufacturer and data storage company. It is headquartered is in San Jose, California, United States. The Asia-Pacific was the largest region in the computer storage devices market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the global computer storage devices market report during the forecast period. The regions covered in the global computer storage market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the computer storage devices market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The computer storage devices market consists of sales of hardware devices such as computer disk drives, USB flash drives, and tape storage and backup units that are capable of holding information and data either temporarily or permanently. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The computer storage devices market research report is one of a series of new reports from The Business Research Company that provides computer storage devices market statistics, including computer storage devices industry global market size, regional shares, competitors with a computer storage devices market share, detailed computer storage devices market segments, market trends and opportunities, and any further data you may need to thrive in the computer storage devices industry. This computer storage devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A computer server is a device or software that performs a service that addresses the needs of another computer, known as the client. The main types of computer servers are web server, virtual server, application server, database server and others. A web server is a combination of software and hardware that uses HTTP (Hypertext Transfer Protocol) and some other protocols to respond to the requests made over the World Wide Web (www). It uses server operating system such as Microsoft windows servers, LINUX / UNIX servers, netware and cloud servers and are used in mainframes, desktop, laptop computer and other applications. The global computer servers market is segmented - 1) By Server Type: Web Server, Virtual Server, Application Server, Database Server, Other Server Types 2) By Server Operating System: Microsoft Windows Servers, Linux / Unix Servers, Netware, Cloud Servers 3) By Application: Mainframes, Desktop, Laptop Computers, Other Applications The global computer servers market size will grow from $94.91 billion in 2022 to $100.39 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global computer servers market size is expected to grow to $120.44 billion in 2027 at a CAGR of 4.7%. The increasing demand for the server is a key factor driving the growth of the computer server market. A server is a computer that supplies other computers with data, it can serve content over the internet to devices on a local area network (LAN) or a wide area network (WAN). The global server industry is experiencing double-digit growth and shows no indications of slowing down. For instance, in November 2022, according to a survey conducted by Netcraft Ltd., a UK-based internet services company, the survey received responses from 1,135,089,912 sites across 271,689,143 domains and 12,306,625 web-facing computers, resulting in a 4.7 million site gain, a 194,480 domain loss, and a 6,685 web-facing computer gain. Therefore, the increasing demand for the server is expected to propel the growth of the computer servers market over the forecast period. Major players in the computer server market are IBM, Dell Technologies Inc., Hewlett-Packard Corp., Inspur Technologies Co. Ltd., Lenovo, FUJITSU, Huawei Technologies Co. Ltd., Oracle Inc., CisCo., EMC Corp., PolarLake, Adobe Systems Inc., VMware Inc., Bull Ltd., RedHat Inc., Apache Corp., Hitachi Ltd., NEC Corp., Western Digital Corporation, Kingston Technology Company Inc., Seagate Technology and Toshiba. The impact of COVID-19 is expected to impede the growth of the computer server market over the forecast period. The effect of COVID-19 will dampen overall IT infrastructure (server and enterprise storage systems) investment as businesses temporarily halted and workers are laid off or furloughed. For instance, total server sales declined to 22.1% in India to $232.1 million in the January-March quarter in 2020, attributing to the impact of COVID-19. Therefore, the impact of COVID-19 restraints the growth of the computer server market. Technological advancements are a major trend shaping the computer server market. Major companies operating in the computer server sector are focusing on developing technology advanced solutions for a computer server. For instance, in March 2020, Oxide Computer, a USA-based computer hardware company introduced a new type of server in which hardware and software were built together. This strategy is used by 'hyperscalers' (AWS, Microsoft, Google and Facebook) to control companies who want or need to operate their server fleets with the most sophisticated data centers on the planet In February 2020, Quantum Corporation, a USA-based company that stores and manages video and video-like data acquired Western Digital Technologies, Inc., a subsidiary of Western Digital Corporation, for an undisclosed amount. Through this acquisition, Quantum Corporation acquires Western Digital Technologies ActiveScale object storage business. ActiveScale product line brings object storage software and erasure coding to the company’s existing portfolio and expanded the Quantum Corporation’s product offerings for its consumers. Western Digital Corporation is a USA-based computer hard disk drive manufacturer and data storage company. The Asia-Pacific was the largest region in the computer servers market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the global computer servers market report during the forecast period. The regions covered in the global computer server market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the computer server market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The computer servers market consists of sales of computer servers, which are hardware devices that are capable to store, access, secure, and manage digital data, files and services. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The computer servers market research report is one of a series of new reports from The Business Research Company that provides computer servers market statistics, including computer servers industry global market size, regional shares, competitors with a computer servers market share, detailed computer servers market segments, market trends and opportunities, and any further data you may need to thrive in the computer servers industry. This computer servers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.