Hardware Support Services Market Size

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Report ID: 6137
Published Date: Jan 03, 2025
Report Format: PDF, PPT

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Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Hardware Support Services Market size was over USD 1.46 billion in 2024 and is anticipated to cross USD 5.22 billion by 2037, witnessing more than 10.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hardware support services is estimated at USD 1.59 billion.

The market growth is attributed to the increase in sales of devices such as mobile, laptops, and printers due to the large adoption of personal devices. According to a recent report, in 2022, smartphone vendors sold around 1.39 billion smartphones were sold worldwide. Moreover, the affordable prices of electronic devices attract a large consumer base with various companies launching new devices to meet customer needs and enhance user experience.

Browse key industry insights with market data tables & charts from the report:

Hardware Support Services Market Size, Growth Report 2037

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hardware support services is estimated at USD 1.59 billion.

The hardware support services market size was over USD 1.46 billion in 2024 and is anticipated to cross USD 5.22 billion by 2037, witnessing more than 10.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is attributed to increase in sales of devices such as mobile, laptops, and printers due to the large adoption of personal devices.

North America industry is estimated to dominate majority revenue share of 44% by 2037, impelled by large presence of advanced technologically enabled businesses and better IT infrastructure in the region.

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