Hardware Support Services Market Share

  • Report ID: 6137
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Hardware Support Services Market Share

North America Market Statistics

By the end of 2036, North American region in hardware support services market is likely to account for more than 44% share. The market growth in the region is also expected on account of the large presence of advanced technologically enabled businesses and better IT infrastructure.

In the US, the wide adoption of cloud computing and the increase in the number of devices has increased the demand for hardware support services. According to a recent report, in 2022, the US tech sector contributed nearly USD 2 trillion to the country’s overall GDP, making up approximately 9.3% of total GDP.  

In Canada, various sectors such as healthcare, IT, and manufacturing require hardware support services to manage their complex hardware system and prevent any defect from operating effectively which leads to stimulate hardware support services market growth.   

European Market Analysis

The European region will also encounter huge growth for the hardware support services market during the forecast period and will hold the second position owing to the increasing investment in Research and Development and innovation in the IT sector.

The growing adoption of digitalization programs in Germany and the rising trend of bringing your own devices stimulate the growth of hardware support services market.

In UK, the availability of a large number of skilled IT professionals and workforce in the region helps in meeting the diverse needs of businesses and efficiently managing their hardware devices. According to a source, tech industry workers accounted for 6.3%of the total UK workforce.

Research Nester
Hardware Support Services Market Regional
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Author Credits:  Abhishek Verma


  • Report ID: 6137
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of hardware support services was over USD 1.5 billion.

The market size for hardware support services is projected to cross USD 5.7 billion by the end of 2036 expanding at a CAGR of 10.6% during the forecast period i.e., between 2024-2036.

The major players in the market are IBM, Accenture, Dell Technologies, Intel Corporation, Wipro, Infosys, Lenovo, Tata Consultancy Services, Microsoft, Getronics, and others.

The mode segment is anticipated to garner a share of 58% during 2024-2036.

The North American hardware support services sector is poised to hold a 44% share by the end of 2036.
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