IT Hardware Market Size | Trends & Growth Analysis 2025

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Code: MTA10111

Publication Date: Oct 2025

What is the size of IT Hardware Market?

According to 6Wresearch internal database and industry insights, the Global IT Hardware Market was valued at USD 1600 Billion in 2024 and is expected to reach USD 2300 Billion by 2031, growing at a compound annual growth rate of 5.20% during the forecast period (2025-2031).

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The main drivers of this growth are the increasing demand for data centers and cloud computing, the adoption of AI-integrated hardware, and the expansion of edge computing infrastructure.

Growth Factors for IT Hardware Industry

Rising demand for data centres and cloud computing services.
Adoption of AI-integrated hardware to support machine learning workloads.
Expansion of edge computing infrastructure for low-latency applications.
Increasing use of solid-state drives (SSDs) in enterprise storage solutions.
Growth in the gaming hardware market is driven by high-performance computing needs.

IT Hardware Market Trends

The IT Hardware Market is witnessing several trends, including the growing adoption of AI-integrated hardware to support machine learning workloads. Expansion of edge computing infrastructure is driving the demand for low-latency applications. Additionally, the increasing use of solid-state drives (SSDs) in enterprise storage solutions is enhancing data access speeds. The gaming hardware market is also experiencing growth, fueled by high-performance computing needs. These trends are shaping the future of the IT hardware industry.

Emerging Developments in the IT Hardware Market

The IT Hardware Market is experiencing emerging developments with advancements in AI-integrated hardware to support machine learning workloads. Expansion of edge computing infrastructure is enabling low-latency applications, driving the demand for specialized hardware. The increasing use of solid-state drives (SSDs) in enterprise storage solutions is improving data access speeds and reliability. Additionally, the gaming hardware market is growing, driven by the need for high-performance computing to support immersive gaming experiences.