Computer Market Characteristics
The computer manufacturing market consists of sales of computers by entities (organizations, sole traders and partnerships) that produce 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. Mainframes, desktop and laptop computers, tablets, and smartphones are some of the different types of computer.
Competitive Landscape of the Computer Market
Major players in the global Computer market include HP, Apple, Advantech, Eurotech, Kontron.
Computer Market Size
The computer market size is expected to reach a higher value by 2022, significantly growing at a steady CAGR during the forecast period. The growth in the computer market is due to emerging markets growth, technology development, increasing data volume for storage.
However, the market for computer is expected to face certain restraints from several factors such as budgets, security concerns.
Computer Market Segmentation
The global computer market is further segmented based on type and geography.
By Type - The computer market is segmented into pcs, laptops, tablets, others - computers.
By Geography - The global computer is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Western Europe computer market accounts the largest share in the global computer market.
Trends in the Computer 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, is the major trend witnessed in the global Computer market.
Potential Opportunities in the Computer Market
With smart cities, government initiatives, internet of things (ioT), the scope and potential for the global computer market is expected to significantly rise in the forecast period.