The revenue is forecast to experience significant growth in all segments in 2029. The trend observed from 2024 to 2029 remains consistent throughout the entire forecast period. There is a continuous increase in the revenue across all segments. Notably, the IT Services segment achieves the highest value of 1.9 trillion U.S. dollars at 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Devices market encompasses a wide range of electronic hardware, primarily personal computers (PCs) and phones. These devices serve as essential tools for communication, productivity, and entertainment. PCs, including laptops, desktops, and tablets, are versatile computing machines used for tasks such as work, web browsing, and content creation. Mobile phones, on the other hand, are handheld devices that provide communication, access to the internet, and a multitude of applications. The Devices market is a dynamic and constantly evolving industry, driven by innovations in technology and changing consumer preferences, offering a diverse array of options to meet individual needs.
Structure:
The Devices market can be broken down into several product categories:
PCs: Personal computers (PCs) are electronic devices designed for individual use, allowing people to perform tasks like word processing, web browsing, and gaming.
Phones: Phones are handheld communication devices that allow people to make calls, send messages, access the internet, and use various applications.
Additional Information:
The market comprises revenue and revenue change. Figures are generated through both online and offline sales channels and include spending by consumers (B2C) and enterprises (B2B). Key players in the market are companies like Apple, HP, Dell, Lenovo, and ASUS. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, please use the info button right next to the boxes.
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Statista. (September 12, 2024). IT market revenue in the World from 2024 to 2029, by segment (in billion U.S. Dollars)* [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/forecasts/960958/it-revenue-segments-in-the-world
Statista. "IT market revenue in the World from 2024 to 2029, by segment (in billion U.S. Dollars)*." Chart. September 12, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/forecasts/960958/it-revenue-segments-in-the-world
Statista. (2024). IT market revenue in the World from 2024 to 2029, by segment (in billion U.S. Dollars)*. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/forecasts/960958/it-revenue-segments-in-the-world
Statista. "It Market Revenue in The World from 2024 to 2029, by Segment (in Billion U.S. Dollars)*." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/forecasts/960958/it-revenue-segments-in-the-world
Statista, IT market revenue in the World from 2024 to 2029, by segment (in billion U.S. Dollars)* Statista, https://www.statista.com/forecasts/960958/it-revenue-segments-in-the-world (last visited November 18, 2024)
IT market revenue in the World from 2024 to 2029, by segment (in billion U.S. Dollars)* [Graph], Statista, September 12, 2024. [Online]. Available: https://www.statista.com/forecasts/960958/it-revenue-segments-in-the-world