IT Hardware in North America
Description
IT Hardware in North America
Summary
IT Hardware in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
IT Hardware in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- IT hardware market includes all physical components integral to computing within enterprise IT solutions.
- The North American IT hardware market recorded revenues of $187.1 billion in 2024, representing a compound annual growth rate (CAGR) of 4.3% between 2019 and 2024.
- The client computing hardware segment accounted for the market's largest proportion in 2024, with total revenues of $84.3 billion, equivalent to 45.0% of the market's overall value.
- In 2024, the North American IT hardware market recorded an annual growth of 3.7%. The growth is attributed to the expanding digital transformation agendas of businesses, which aim to enhance operational efficiency and competitiveness, thereby increasing investments in servers, networking equipment, storage infrastructure, and end-user computing devices. According to the US Small Business Administration (SBA), in 2024, the US had approximately 34.8 million small businesses.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it hardware market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it hardware market in North America
- Leading company profiles reveal details of key it hardware market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America it hardware market with five year forecasts by both value and volume
- What was the size of the North America it hardware market by value in 2024?
- What will be the size of the North America it hardware market in 2029?
- What factors are affecting the strength of competition in the North America it hardware market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's it hardware market?
Table of Contents
47 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 7.4. What have been the most recent developments in the market?
- 8 Company Profiles
- 8.1. Apple Inc
- 8.2. Dell Technologies Inc
- 8.3. Lenovo Group Ltd
- 8.4. HP Inc
- 8.5. Cisco Systems Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America IT hardware market value: $ billion, 2019-24
- Table 2: North America IT hardware market category segmentation: % share, by value, 2019-24
- Table 3: North America IT hardware market category segmentation: $ billion, 2019-24
- Table 4: North America IT hardware market geography segmentation: $ billion, 2024
- Table 5: North America IT hardware market value forecast: $ billion, 2024-29
- Table 6: Apple Inc: Key Facts
- Table 7: Apple Inc: Annual Financial Ratios
- Table 8: Apple Inc: Key Employees
- Table 9: Dell Technologies Inc: Key Facts
- Table 10: Dell Technologies Inc: Annual Financial Ratios
- Table 11: Dell Technologies Inc: Key Employees
- Table 12: Lenovo Group Ltd: Key Facts
- Table 13: Lenovo Group Ltd: Annual Financial Ratios
- Table 14: Lenovo Group Ltd: Key Employees
- Table 15: HP Inc: Key Facts
- Table 16: HP Inc: Annual Financial Ratios
- Table 17: HP Inc: Key Employees
- Table 18: Cisco Systems Inc: Key Facts
- Table 19: Cisco Systems Inc: Annual Financial Ratios
- Table 20: Cisco Systems Inc: Key Employees
- Table 21: Cisco Systems Inc: Key Employees Continued
- Table 22: Cisco Systems Inc: Key Employees Continued
- Table 23: North America Exchange Rate, 2019-24
- List of Figures
- Figure 1: North America IT hardware market value: $ billion, 2019-24
- Figure 2: North America IT hardware market category segmentation: $ billion, 2019-24
- Figure 3: North America IT hardware market geography segmentation: % share, by value, 2024
- Figure 4: North America IT hardware market value forecast: $ billion, 2024-29
- Figure 5: Forces driving competition in the IT hardware market in North America, 2024
- Figure 6: Drivers of buyer power in the IT hardware market in North America, 2024
- Figure 7: Drivers of supplier power in the IT hardware market in North America, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the IT hardware market in North America, 2024
- Figure 9: Factors influencing the threat of substitutes in the IT hardware market in North America, 2024
- Figure 10: Drivers of degree of rivalry in the IT hardware market in North America, 2024
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