Hardware Support Services Market Size Analysis and Top Companies
The global hardware support services market size is estimated at to hit around USD 2.75 billion by 2033 from USD 1.26 billion in 2024, with a CAGR of 9.02% from 2024 tpo 2033. The top companies operating in the hardware support services market are Computer Sciences Corporation, IBM, HP, Dx Technology, Intel Corporation, Cisco Systems, Inc., Dell Technologies, Accenture and Others.
Market Scope
Report Coverage |
Details |
Market Size in 2024 |
USD 1.26 trillion |
Market Size by 2034 |
USD 3 trillion |
Growth Rate from 2024 to 2034 |
CAGR of 9.02% |
Base Year |
2023 |
Forecast Period |
2024 to 2034 |
Segments Covered |
By Mode, By Type and By Warranty Type |
Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Hardware Support Services Market Companies
- Computer Sciences Corporation
- IBM
- HP
- Dx Technology
- Intel Corporation
- Cisco Systems, Inc.
- Dell Technologies
- Accenture
Recent Developments
- In December 2022, Indian Oil Corporation selected Reliance Jio to manage network services for its petrol pumps. Reliance Jio will provide 24x7 real-time monitoring by connecting Indian Oil Corporation's 7200 sites with SD-WAN managed service solutions for the next five years.
- In December 2022, a global leader in P.C., android and Mac system health technology, PC-Doctor, announced the release of an updated version of its popular diagnostic kit ‘Service Center 15’. The updated version includes Intel Raptor Lake Support in Windows, improved Intel, RealTek and MediTek service support, Intel Madisson Peak Bluetooth support and multiple improvements for Apple system support.
- In December 2022, a leading provider of hardware services, enterprise solutions, cloud computing and I.T. solutions, Compuage, announced that the company had been chosen as a value-added distributor for Bosch Limited for the supply of CCTV surveillance in the territory of India. Compuage will provide all sorts of hardware services to Bosch Limited during the service.
- In December 2022, a leading global provider of contact center solutions, RingCentral, announced its new device as a Service (DaaS) to simplify hardware procurement. This Daas allows businesses to procure and deploy smartphone, video and contact center hardware solution providers such as Jabra, Poly and Logitech at low upfront costs.
- In December 2022, a leading company providing network solutions, Edgecore Networks, introduced its new high-performance enterprise solution. This enables enterprises to upgrade their existing networks.
- In August 2022, a Swedish company that provides technical support for hardware companies, Mavenoid, raised $30 million in a series B round of funding. Mavenoid has offered technical support for multiple hardware companies, such as H.P., Jabra and Husqvarna, since 2017.
- In May 2022, Tata Elxsi announced a partnership with Lenovo to offer X.R. solutions. The partnership aims to develop and provide end–to–end service solutions for consumers using Lenovo's Smart X.R. devices in every industrial setting.
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