What is the Computing Systems and Technology Market?
The Computing Systems and Technology market consists of complete computer working computer systems and supporting technology. A complete system is made up of the CPU, memory and related electronics, all the peripheral devices connected to it and its operating system.
Computer systems fall into two categories: clients and servers. Clients are the user’s laptop, desktop and tablet computers and smartphones, while servers share their data and applications with multiple users. Servers range from entry-level rack mounts to mainframes.
A computer system is sized for the number of users it handles simultaneously, the type of work performed (office, engineering, etc.) and the volume of data that must be stored.
How Big is the Computing Systems and Technology Market?
Market research firm IBISWorld estimates that the global computer hardware manufacturing industry at $599 billion.. Increased demand for computing technology from emerging markets is currently driving the growth of this sector. There is a significant worldwide shift in the mix of products away from traditional PCs to tablets and mobile phones.
How is the Computing Systems and Technology Market Segmented?
Breakdown of the computer systems and technology market is along functional lines:
- Computer (server) manufacturing
- Storage device manufacturing
- Laptop and terminal manufacturing
- Other hardware peripherals
- Operating system and development software