The global IT devices market size accounted for US$ 1,782.05 billion in 2023 and is projected to reach around USD 4,436.53 billion by 2033, growing at a CAGR of 9.55% from 2024 to 2033.
Key Points
- Asia Pacific dominated the market with the largest share of 36% in 2023.
- North America is expected to expand at a notable CAGR of 11.04% between 2024 and 2033.
- By product, the mobile devices segment has contributed more than 46% of market share in 2023.
- By product, the peripheral devices segment is expected to grow at the fastest CAGR of 11.04% between 2024 and 2033.
- By operating system, the android segment has accounted largest market share of 40% in 2023.
- By operating system, the iOS segment is projected to grow at a double digit CAGR of 11.08% between 2024 and 2033.
- By distribution channel, the offline segment has generated more than 57% of market share in 2023.
- By application, the enterprise segment has captured more than 58% of market share in 2023.
Report Summary
The global IT devices market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the IT devices market across the globe.
A comprehensive estimate on the IT devices market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of IT devices during the forecast period. Price point comparison by region with global average price is also considered in the study.
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IT Devices Market Scope
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 9.55% |
| Global Market Size in 2023 | USD 1,782.05 Billion |
| Global Market Size by 2033 | USD 4,436.53 Billion |
| Largest Market | Asia Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Product, By Operating System, By Distribution Channel, and By Application |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized IT devices market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Animal Model Market Size to Attain USD 5.72 Billion by 2033
Market Players
The report includes the profiles of key IT devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Recent Developments
- In February 2024, Xiaomi announced that it is about to work on the launch of a new wearable device. The launch of the wearable device for detecting unexpected hidden cameras and alerting users from being secretly photographed.
- In February 2024, Honar is about to launch Honar X9b 5G, its second phone in India. The company is promoting its launch and specification of the phone on its social media. It specifically prompted their phone to have features like an ‘ultra-bounce’ display and claimed customers don’t need to apply any tempered glass on it.
- In February 2024, tech-giant Apple is planning to launch its inaugural foldable device within the upcoming year. The launch presents itself as a replacement for the 7-8 inch existing iPad mini. As per the Korean publication, The Elec the company is currently assessing the timeline for the launching of the device between 2026 and 2027.
- In February 2024, Cupertino announced the Apple TV, Apple Music, and Apple devices standalone apps are available globally. The latest app is made for the replacement of iTunes stores on Windows PCs running Windows 11 and Windows 10 (only x86-based systems are supported at this time).
- In January 2024, the Global launch of the Samsung Galaxy Ring is set to be confirmed for the second half of 2024. The smart ring is planning to launch with the Galaxy Z Fold 6. The Galaxy Ring is incorporated with the sensors monitors for fitness and health.
IT Devices Market Companies
- Microsoft Corporation
- Open Systems International Inc.
- Rockwell Automation Inc.
- S & C Electric Company
- Samsung Electronics Co Ltd
- Schneider Electric S.E.
- Siemens AG
- ABB Ltd.
- Apple Inc.
- Cisco Systems
- Dell Technologies Inc.
- Eaton Corporation
- Honeywell International Inc.
- Landis Gyr Inc.
- Lenovo Group Limited
Segments Covered in the Report
By Product
- Mobile Devices
- Peripheral Devices
- Computers and Laptops
- Networking Equipment
By Operating system
- Windows
- macOS
- Linux
- iOS
- Android
- Others
By Distribution Channel
- Online
- Offline
By Application
- Enterprise
- Consume
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
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 IT Devices Market
5.1. COVID-19 Landscape: IT Devices 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 IT Devices Market, By Product
8.1. IT Devices Market Revenue and Volume Forecast, by Product, 2024-2033
8.1.1. Mobile Devices
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Peripheral Devices
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Computers and Laptops
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
8.1.4. Networking Equipment
8.1.4.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global IT Devices Market, By Operating system
9.1. IT Devices Market Revenue and Volume Forecast, by Operating system, 2024-2033
9.1.1. Windows
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. macOS
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Linux
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
9.1.4. iOS
9.1.4.1. Market Revenue and Volume Forecast (2021-2033)
9.1.5. Android
9.1.5.1. Market Revenue and Volume Forecast (2021-2033)
9.1.6. Others
9.1.6.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global IT Devices Market, By Distribution Channel
10.1. IT Devices Market Revenue and Volume Forecast, by Distribution Channel, 2024-2033
10.1.1. Online
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Offline
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global IT Devices Market, By Application
11.1. IT Devices Market Revenue and Volume Forecast, by Application, 2024-2033
11.1.1. Enterprise
11.1.1.1. Market Revenue and Volume Forecast (2021-2033)
11.1.2. Consume
11.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 12. Global IT Devices Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.1.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.1.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.1.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.1.5.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.1.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.1.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.1.6.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.1.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.1.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.2.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.2.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.2.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.2.5.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.2.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.2.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.2.6.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.2.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.2.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.2.7.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.2.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.2.7.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.2.8.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.2.8.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.2.8.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.3.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.3.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.3.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.3.5.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.3.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.3.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.3.6.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.3.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.3.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.3.7.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.3.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.3.7.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.3.8.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.3.8.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.3.8.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.4.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.4.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.4.5.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.4.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.4.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.4.6.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.4.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.4.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.4.7.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.4.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.4.7.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.4.8.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.4.8.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.4.8.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.5.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.5.5.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.5.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.5.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
12.5.6.2. Market Revenue and Volume Forecast, by Operating system (2021-2033)
12.5.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
12.5.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
Chapter 13. Company Profiles
13.1. Microsoft Corporation
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Open Systems International Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Rockwell Automation Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. S & C Electric Company
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Samsung Electronics Co Ltd
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Schneider Electric S.E.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Siemens AG
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. ABB Ltd.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Apple Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Cisco Systems
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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