Hardware Support Services Industry - Regional Synopsis
North America Market Statistics
North America industry is estimated to dominate majority revenue share of 44% by 2037. 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.
