Integrated Circuits Global Market Report 2023 – By Product Type (Digital IC, Analog IC, MixedSignal IC), By Application (Automotive, Industrial, Consumer Electronics, IT & Telecommunication, Health Care, Aerospace & Defense, Other Applications), By Type (Generalpurpose IC, Applicationspecific IC) – Market Size, Trends, And Global Forecast 2023-2032

Semiconductors are materials that have an electrical conductivity falling between a conductor and an insulator. Semiconductors devices are components made out of material that is neither a good conductor nor a good insulator. They are useful because their behaviour can be easily manipulated by the addition of impurities, known as doping. The conductivity of the device can be controlled, by exposure to heat, by introducing an electric or magnetic field, or by mechanical deformation. These devices have wide applications in power devices, light emitters, lasers, and optical sensors due to their reliability and compactness. The main types of semiconductors and related devices are intrinsic semiconductors and extrinsic semiconductors. Intrinsically, semiconductors are chemically pure semiconductors, that is, free of impurities. The number of holes and electrons is thus determined by the material's properties rather than by impurities. The various products include integrated circuits, memory chips, microprocessors and others that are used by information technology, aerospace & defense, consumer electronics, automotive, healthcare, and other end users. The global semiconductor and related devices market is segmented - 1) By Product Type: Integrated Circuits, Memory Chips, Microprocessors, Other Product Types 2) By End-Use Industry: Information Technology, Aerospace & Defense, Consumer Electronics, Automotive, Healthcare, Other End-Users 3) By Type: Intrinsic Semiconductor, Extrinsic Semiconductor The global semiconductor and related devices market size will grow from $567.16 billion in 2022 to $617.36 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. 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 semiconductor and related devices is expected to grow to $838.35 billion in 2027 at a CAGR of 7.9%. The rising penetration of mobiles, tablets, and other electronics and rising data consumption drive the semiconductors and related devices market. An increase in sales of electronic devices such as smartphones and tablets lead to an increase in the generation and consumption of digital content and requires memory chips to store data. For example, the total number of smartphone devices across the world reached 6 billion in 2020, i.e., eight people out of 10 own a smartphone in 2020, eventually driving the revenues of semiconductors manufacturing companies. Therefore, the increasing use of smartphones is expected to drive the growth of semiconductor and related devices market. Major players in the semiconductor and related devices market are Intel, Qualcomm, Samsung Semiconductor, Broadcom, Taiwan Semiconductor Manufacturing Company Limited, NXP Semiconductors N.V., STMicroelectronics N.V., SK Hynix, Micron, and MediaTek. The corruption of memory chips restrains the growth of the semiconductor and related devices market. The corruption of the memory chip leads to the loss of all the data stored in the memory cards. Sudden power surges, formatting, virus attacks, and sudden removal of memory cards from any device are some common factors responsible for the corruption of memory cards. Additionally, reasons such as uploading and deleting files rapidly when the card is full and capturing photos when the camera is on a low battery could lead to the corruption of the memory card ultimately leading to the loss of the data stored in the chip. Therefore, the risk of losing data due to the corruption of memory chips hampers the growth of the semiconductor and related devices market. Companies in the memory chip market are developing chips with major technological changes that contribute to the growth of demand for memory chips. Researchers are creating memory chips that can store and process the data, reducing the time and energy required to transfer data and increasing the speed of processors. For instance, Samsung Electronics announced the mass production of fifth-generation V-NAND memory chips that transfer data faster and additionally have the fastest data write speed at 500 microseconds (µs). This write speed is a 30% improvement over the previous generation, and the read-time has significantly reduced to 50µs. Technological advances reducing the data transfer time and energy contribute to the growth of the semiconductor and related devices market. In August 2021, Renesas Electronics Corporation, a Japan-based semiconductor manufacturing company, acquired Dialog Semiconductors for an undisclosed amount. Through this acquisition, Renesas is able to extend its go-to-market initiatives and provide seamless and borderless services to customers across the globe. Dialog Semiconductors is a UK-based manufacturer of semiconductors and related devices. Asia-Pacific was the largest region in the semiconductor and related devices market in 2022. North America was the second-largest region in the global semiconductor and related devices market share. The regions covered in the global semiconductor and related devices market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the semiconductor and related devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The semiconductor and related devices market consists of sales of analog integrated circuits, digital integrated circuits, mixed-signal integrated circuits, volatile memory chips, non-volatile memory chips, desktop microprocessors, mobile microprocessors, performance microprocessors, fuel cells, infrared sensors, diodes, silicon waveguides, thyristors, transistors, wafers, and other semiconductor and related devices. 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 semiconductor and related devices market research report is one of a series of new reports from The Business Research Company that provides semiconductor and related devices market statistics, including semiconductor and related devices industry global market size, regional shares, competitors with semiconductor and related devices market share, detailed semiconductor and related devices market segments, market trends and opportunities, and any further data you may need to thrive in the semiconductor and related devices industry. This semiconductor and related 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.

Polyimide film is a lightweight, flexible, polymer-based material with high heat and chemical resistance. The polyimide films and tapes are used for high-temperature resistance applications. Polyimide films and tapes provide excellent thermal, electrical, physical, and chemical resistance properties over a wide range of temperatures, making them suitable for electrical insulation applications. The main types of polyimide films and tapes are polyimide tapes, conventional polyimide films, colorless polyimide films, and others. Polyimide tapes are used in applications that require high temperature resistance, such as automotive and industrial, electronics, aerospace, and labeling. The various applications include flexible printed circuits, specialty fabricated products, pressure-sensitive tapes, motors or generators, wires, and cables, and are used in various sectors such as electrical and electronics, automotive, aerospace, solar, labelling, medical, and by other end users. The global polyimide films and tapes market is segmented - 1) By Type: Polyimide Tapes, Conventional Polyimide Films, Colorless Polyimide Films, Other Types 2) By Application: Flexible Printed Circuits, Specialty Fabricated Products, Pressure-Sensitive Tapes, Motors and Generators, Wires and Cables 3) By End User: Electrical and Electronics, Automotive, Aerospace, Solar, Labeling, Medical, and Other End Users The global polyimide films and tapes market size grew from $1.92 billion in 2022 to $2.24 billion in 2023 at a compound annual growth rate (CAGR) of 16.4%. 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 global polyimide films and tapes is expected to grow to $3.74 billion in 2027 at a CAGR of 13.7%. The rise in demand for electronics is significantly contributing to the growth of the polyimide films and tapes market going forward. Electronics are electronic devices or circuits that use microchips, transistors, and other components to perform a variety of tasks. Polyimide films and tapes are insulating materials that are widely used in electrical engineering and electronics for high-temperature resistance applications. For instance, according to the India Brand Equity Foundation, electronics demand is expected to increase from $33 billion in 2020 to $400 billion by 2025. Therefore, the rise in demand for electronics is promoting the growth of the polyimide film and tape market. Major players in the polyimide films and tapes market are DuPont, Taimide Tech. Inc., Saint-Gobain, Toray Industries Inc., Dunmore, 3M, Nitto Denko Corporation, Ube Industries Ltd., Mitsubishi Gas Chemical Company Inc., Kaneka Corporation, Arakawa Chemical Industries Ltd., Kolon Industries Inc., EVERTECH ENVISAFE Ecology Co. Ltd., FLEXcon Company Inc., Suzhou Kying Industrial Materials Co. Ltd., and Shinmax Technology Ltd. Technological developments have emerged as a key trend gaining popularity in the polyimide films and tapes market. Major companies operating in the polyimide films and tapes sector are focused on developing new technological solutions to meet consumer demand. For example, in November 2020, Kaneka Corporation, a Japan-based chemical manufacturing company, developed the super heat-resistant polyimide film PixeoTM IB for 5G millimeter-wave zones based on advanced polyimide development technology. PixeoTM IB includes transparent heat-resistant polyimide film that reduces the dielectric loss tangent and can act as a glass substitute for ultrahigh thermal conductive graphite sheets and thin-film transistor (TFT)*5 substrates. In July 2021, Dupont, a US-based chemicals company, acquired Laird Performance Materials for an undisclosed amount. With this acquisition, Dupont’s electronics and industrial segments will be strengthened, and the two businesses will work together to accelerate the adoption of 5G telecommunications, high-performance computing, artificial intelligence, and the internet of things. Laird Performance Materials is a China-based company that operates in the polyamide film market. Asia-Pacific was the largest region in the polyimide films and tapes market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polyimide films and tapes market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the polyimide films and tapes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The polyimide films and tapes market consists of sales of polyimide films and tapes that are used for insulation on electrical components. 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 polyimide films and tapes market research report is one of a series of new reports from The Business Research Company that provides polyimide films and tapes market statistics, including polyimide films and tapes industry global market size, regional shares, competitors with polyimide films and tapes market share, detailed polyimide films and tapes market segments, market trends and opportunities, and any further data you may need to thrive in the polyimide films and tapes industry. This polyimide films and tapes 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.

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The global information technology (IT) market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software The global information technology (IT) market size grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. 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 information technology (IT) market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology (IT) market share in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. 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, it is expected that the information technology (IT) 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. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology (IT) market. The regions covered in the information technology (IT) industry analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) 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 information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology (IT) market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT 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. 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 information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) 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 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.

A computer is an electronic machine or device that follows instructions from software or hardware programs to conduct procedures, computations, and operations. It can accept (input) data, process it, and generate output. The main types of computers are PCs, laptops, tablets and other computers. A PC is a multi-purpose, cost-effective computer that is designed for an individual user. These are distributed through business-to-business (B2B) and business-to-consumer (B2C) channel and are implemented in various areas such as household and commercial applications. The global computers market is segmented - 1) By Type: PCs, Laptops, Tablets, Other Computers 2) By Application: Household, Commercial 3) By Distribution Channel: Business-To-Business (B2B), Business-To-Consumer (B2C) The global computers market size grew from $414.6 billion in 2022 to $449.02 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. 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 computers market is expected to grow to $604.75 billion in 2027 at a CAGR of 7.7%. The computer 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, 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. announced an investment of €250 million in “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 computers market include Apple, Samsung Electronics Co., Ltd., HP, Pegatron Corp, Quanta Computer, Lenovo Group Limited, Inventec Corp, Microsoft, Dell Technologies Inc. and Hon Hai Precision Industry. Interest rates are expected to increase in developed nations, particularly the USA and Europe, between 2019 and 2022, making it harder and more expensive for companies manufacturing computers. The computers market is characterized as requiring fair amount of capital funds to operate, renovate, innovate and expand business. Therefore, changes in the economy such as changes in interest rates are expected to greatly affect the profit margins, cost structures and expansion strategies of the companies in the cloud services market. For instance, the USA Federal Reserve is expected to increase interest rates in 2021. This will in turn hinder the operation and expansion of businesses in the cloud services market. The Internet of Things (IoT) is emerging as the next big trend in the computer 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 a host of opportunities for companies, governments, and consumers. The 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 the Internet of Things 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. In August 2020, Sharp Corporation, a Japan-based company that designs and manufactures electronic products, completed the acquisition of Toshiba’s laptop business for an undisclosed amount. Sharp had earlier acquired an 80.1% stake from Toshiba, and now it has acquired the remaining 19.1% of shares from Toshiba. Toshiba is a Japanese multinational engineering and electronics conglomerate corporation. Asia-Pacific was the largest region in the computers market in 2022. North America was the second largest region in computers industry. The regions covered in the computers market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the computers 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 computers market consists of sales of 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. 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 computers market research report is one of a series of new reports from The Business Research Company that provides computers market statistics, including computers industry global market size, regional shares, competitors with a computers market share, detailed computers market segments, market trends and opportunities, and any further data you may need to thrive in the computers industry. This computers 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.

Hardware Support Services refers to preventative and corrective maintenance procedures for hardware, including basic installation, contract maintenance, and per-incident repair. The main types of hardware support services are computer and peripherals support services; storage and servers support services; networking support services and other hardware support services. The computer and peripherals support services provides the devices with the external support to the computer that take in information, allow the computer to put out information in visible and audible form, and perform other important tasks. It is provided in online and offline mode and have in warranty and out of warranty. The global hardware support services market is segmented - 1) By Type: Computer And Peripherals Support Services, Storage And Servers Support Services, Networking Support Services, Other Hardware Support Services 2) By Mode: Online, Offline 3) By Warranty Type: In Warranty, Out of Warranty The global hardware support services market size grew from $987.05 billion in 2022 to $1042.31 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. 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 hardware support services market is expected to grow to $1250.82 billion in 2027 at a CAGR of 4.7%. Governments around the world are investing in the creation of smart cities; this is expected to drive the demand for computer hardware products and subsequently hardware support services market during the forecast period. The European Union is actively promoting smart-city initiatives, with funds for research and sustainability targets for member states. 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. The overall smart-city experience involves systems and objects interconnected through various technologies like local, wired and wireless networks. The establishment of smart cities in turn increases the demand for the hardware support services. Major companies in the hardware support services market include Intel Corporation, Dxc Technology, telefonaktiebolaget lm ericsson, International Business Machines Corporation, Dell Technologies Inc., Cisco Systems, Inc., Huawei, NEC Corporation, Fujitsu Ltd. and Accenture. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the hardware support services market in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. 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, it is expected that the hardware support services 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. Cloud software solutions have been gaining acceptance from companies across all industries as it eliminated the need for physical storage space required to deploy the software. The cloud is a software delivery method where a vendor hosts a software application in a remote server and customers can access it through the internet. As cloud computing services continue to grow, the demand for cloud data recovery solutions is gathering pace. Disaster recovery tools are particularly needed because the cloud stores data which is prone to cyber and malware attacks. For instance, Kroll Ontrack offers SharePoint and SQL server cloud data recovery solutions. Western Europe was the largest region in the hardware support services market in 2022. North America was the second largest region in the hardware support services market. The regions covered in the hardware support services industryare Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hardware support services 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 hardware support services market revenues earned by entities by providing hardware support services including computer and peripherals support services, storage and servers support services, networking support services and others. Hardware support services may be either reactive support, preventive-based support, or proactive support. The market value includes the value of related goods sold by the service provider or included within the service offering. 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 hardware support services market research report is one of a series of new reports from The Business Research Company that provides hardware support services market statistics, including hardware support services industry global market size, regional shares, competitors with a hardware support services market share, detailed hardware support services market segments, market trends and opportunities, and any further data you may need to thrive in the hardware support services industry. This hardware support services 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.

Electronic equipment repair and maintenance refers to repairing and maintaining equipment used in electronic systems such as electronic components and circuits. Precision equipment repair and maintenance refers to the process of repair and maintenance of precision equipment that provides accurate measurement results. The main types of electronic and precision equipment repair and maintenance are consumer electronics repair and maintenance, computer and office machine repair and maintenance, communication equipment repair and maintenance, and other electronic and precision equipment repair and maintenance. Companies in the Communication Equipment Repair and Maintenance sector are largely involved in repairing and maintaining communications equipment, such as communications transmission equipment, two-way radios, telephones, and fax machines without selling new communication equipment. The different modes include online, and offline and involve various service types such as inspection, maintenance, and repair. The global electronic and precision equipment repair and maintenance market is segmented - 1) By Type: Consumer Electronics Repair and Maintenance, Computer and Office Machine Repair and Maintenance, Communication Equipment Repair and Maintenance, Other Electronic and Precision Equipment Repair and Maintenance 2) By Mode: Online, Offline 3) By Service Type: Inspection, Maintenance, Repair The global electronic and precision equipment repair and maintenance market size will grow from $141.79 billion in 2022 to $151.83 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 size of electronic and precision equipment repair and maintenance market is expected to grow to $192.79 billion in 2027 at a CAGR of 6.2%. An increase in sales of personal computing devices (PCD’s) is expected to propel the growth of the electronic and precision equipment repair and maintenance market. Personal computing devices refer to consumer devices such as desktop computers, laptops, smartphones, and tablets . Due to the pandemic, there was an increase in the number of people working from home, leading to an increase in PCD sales. With more people using PCD’s there is an increase in the need for maintenance and repair for such devices. For example, according to a 2022 report from Singapore based technology market analyst firm, Canalys, the worldwide shipments of desktops, notebooks and workstations for the year 2021 stood at 341 million units, 15% higher than last year, and 27% higher than 2019 and the largest shipment total since 2012. Therefore, the increase in the sale of personal computing devices is expected to drive the electronic and precision equipment repair and maintenance market going forward. Major companies in the electronic and precision equipment repair and maintenance market report are Juniper Networks Inc., Emcor Group, Illinois Tool Works Inc., Tsubakimoto Chain Co., and Apple Inc. Companies involved in the repair and maintenance of electronic equipment are using artificial intelligence (AI)-predictive analysis for increasing the quality of their services. This analysis with the use of IoT technology sensors enables the service providers to identify the critical part which can fail and understand the current status of the components. Companies including Neuron Soundware and KONUX use AI-predictive maintenance to identify anomalies and improve the detection and identification of potential breakdown causes. Western Europe was the largest region in the electronic and precision equipment repair and maintenance market in 2022. Asia-Pacific was the second-largest region in the global electronic and precision equipment repair and maintenance market share. The regions covered in the electronic and precision equipment repair and maintenance industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the global electronic and precision equipment repair and maintenance 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, Vietnam. The electronic and precision equipment repair and maintenance market consists of revenues earned by entities that provide repair and maintenance services such as electronic products and navigational services, measuring services, and electromedical and control instruments services. The market value includes the value of related goods sold by the service provider or included within the service offering. 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 electronic and precision equipment repair and maintenance market research report is one of a series of new reports from The Business Research Company that provides electronic and precision equipment repair and maintenance market statistics, including electronic and precision equipment repair and maintenance industry global market size, regional shares, competitors with an electronic and precision equipment repair and maintenance market share, detailed electronic and precision equipment repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the electronic and precision equipment repair and maintenance industry. This electronic and precision equipment repair and maintenance 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.