Demand for IT hardware and network components have increased worldwide across all major sectors due to the continuous advancements in digital technology. IT Hardware and networks cover broad range of products used in various industries and consumer markets such as personal computer and its components, mobile devices, servers, storage, routers, switches, network cables, etc.
IT hardware and networks need electronic components to be built upon. Hence, continuous growth in IT hardware and network market demands for consistent supply of electronic components such as semiconductor devices, diodes, transistors, integrated circuit, capacitors, etc.
Organizations such as government institutions, healthcare and other businesses rely heavily on IT equipment, primarily for collecting, storing, transferring and processing of data. This has resulted in the need for advancements in data centers. Data center, with networking capability, provides centralized infrastructure to store, process and transfer data. Trends in cloud computing and Internet of things (IoT) necessitates the presence of large and robust data center with efficient and fast networking capacity.
Manufacturing and defense industries also utilize IT hardware and network equipment such as firewall, intrusion detection, vulnerability scanning, among others to improve their security. Coding and marking equipment and 3D printing are some of the hardware technology which improves cost effectiveness and product efficiency for a manufacturing industry.
Presence of large computers and PCs has been taken over by compact smartphones, wearable and mobile devices. Instant communication, connectivity and mobility have been some of the key factors driving the rise in sales of mobiles, tablets and ultrabooks. Smartphone development has also influenced the enhancement of several other appliances such as smart TV and smart watches, which uses hardware and networking components to provide their unique and improved functionalities.
IT hardware and networks market is very competitive and major players operating in the sector include Samsung, Foxconn, HP, Dell, LG Electronics, Cisco, Intel, Canon and IBM.
ASDReport.com provides an extensive collection of reports covering IT hardware and networks market. The reports cover various technologies and submarkets of IT hardware and networks like, semiconductor deposition, Internet of Things, video surveillance, data center automation, and much more.