Hardware Support Services Market Share Analysis Report, 2023-2032
The global Hardware Support Services market size was exhibited at USD 1,060.25 billion in 2022 and is projected to hit around USD 2,514.42 billion by 2032, growing at a CAGR of 9.02% during the forecast period 2023 to 2032.
Key Pointers:
Hardware Support Services Market Report Scope
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Report Coverage |
Details |
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Market Size in 2023 |
USD 1,155.88 Billion |
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Market Size by 2032 |
USD 2,514.42 Billion |
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Growth Rate From 2023 to 2032 |
CAGR of 9.02% |
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Base Year |
2022 |
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Forecast Period |
2023 to 2032 |
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Segments Covered |
By Mode, By Type and By Warranty Type |
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Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
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Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
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Key Companies Profiled |
Computer Sciences Corporation, IBM, HP, Dx Technology, Intel Corporation, Cisco Systems, Inc., Dell Technologies, Accenture and Others. |
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 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.
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.
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.
Some of the prominent players in the Hardware Support Services Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Hardware Support Services market.
By Mode
By Type
By Warranty Type
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Hardware Support Services Market
5.1. COVID-19 Landscape: Hardware Support Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Hardware Support Services Market, By Mode
8.1. Hardware Support Services Market, by Mode, 2023-2032
8.1.1 Online
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Offline
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Hardware Support Services Market, By Type
9.1. Hardware Support Services Market, by Type, 2023-2032
9.1.1. Computer and Peripheral Support Services
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Storage and Servers Support Services
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Networking Support Services
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Other Hardware Support Services
9.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Hardware Support Services Market, By Warranty Type
10.1. Hardware Support Services Market, by Warranty Type, 2023-2032
10.1.1. In-warranty
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Out of Warranty
10.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Hardware Support Services Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Mode (2020-2032)
11.1.2. Market Revenue and Forecast, by Type (2020-2032)
11.1.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Mode (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Mode (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Mode (2020-2032)
11.2.2. Market Revenue and Forecast, by Type (2020-2032)
11.2.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Mode (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Mode (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Mode (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Mode (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Mode (2020-2032)
11.3.2. Market Revenue and Forecast, by Type (2020-2032)
11.3.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Mode (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Mode (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Mode (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Mode (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Mode (2020-2032)
11.4.2. Market Revenue and Forecast, by Type (2020-2032)
11.4.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Mode (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Mode (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Mode (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Mode (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Mode (2020-2032)
11.5.2. Market Revenue and Forecast, by Type (2020-2032)
11.5.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Mode (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Mode (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Warranty Type (2020-2032)
Chapter 12. Company Profiles
12.1. Computer Sciences Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. IBM
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. HP
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Dx Technology
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Intel Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Cisco Systems, Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Dell Technologies
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Accenture
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers