Hardware support services includes computer and peripherals
support services, storage and servers support services, networking support
services and others.
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The global hardware support service market
has shown a modest growth in the past years with a CAGR of over 6%. The year
2017 recorded highest ever growth in this market with a net value of $700
billion as per TBRC’s inhouse
consultants.
TBRC’s latest
report show trends in the market for each year with sourced reasons to support
the growth claims.
The report also expects the hardware support services market
to grow at a higher CAGR by 2021 as compared to 2017, also mentioning
geographies best suited for investments with highest return rate.
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report at
High investment in hardware and support services industry is
attributed to factors such as emerging markets growth in almost all sectors,
high Investments in IT companies over the past few years, technology development
in recent years, high dependence on IT services globally, and other such
reasons mentioned in TBRC’s report,
along with latest data and future trends.
Companies included in the report are HP, IBM, and Computer
Sciences Corporation.
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