How big is the India IT Hardware Market?

The India IT Hardware Market size is expected to reach USD 19.77 billion in 2024 and grow at a CAGR of 7.10% to reach USD 27.86 billion by 2029. Read More

What is the current India IT Hardware Market size?

In 2024, the India IT Hardware Market size is expected to reach USD 19.77 billion. Read More

Who are the key players in India IT Hardware Market?

HP Inc., Samsung Electronics Co. Ltd, IBM, Dell Technologies Inc. and Acer Inc. are the major companies operating in the India IT Hardware Market. Read More

What years does this India IT Hardware Market cover, and what was the market size in 2023?

In 2023, the India IT Hardware Market size was estimated at USD 18.37 billion. The report covers the India IT Hardware Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India IT Hardware Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India IT HardwareMarket Size & Share Analysis - Industry Research Report

India IT Hardware Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The India IT Hardware Market Report is Segmented by PC and Workstations (by End-User [Consumer, Enterprise [SMEs, Large Enterprises], and Industry [BFSI, Retail, IT and Telecom, Other Industries]), by Enterprise Networking Hardware (Enterprise [SMEs and Large Enterprises] and Industry [BFSI, Retail, IT and Telecom, Other Industries]), by Enterprise Storage Devices (Enterprise [SMEs, Large Enterprises], Industry [BFSI, Retail, IT and Telecom, Other Industries]), by Server (Enterprise [SMEs, Large Enterprises], Industry [BFSI, Retail, IT and Telecom, Other Industries]), by Other Hardware (includes Hard Copy Peripherals Such As Printers and Copiers), and by Region (North India, East India, West and Central India, South India). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

India IT Hardware Industry Overview

Global and Local Players Dominate Fragmented Market: The India IT Hardware Market is fragmented, with global players like HP Inc., Dell Technologies, and Cisco competing alongside local manufacturers. This mix of players fosters competition and innovation, contributing to market growth.

Market Leaders Leverage Innovation: Global players like HP and Dell maintain their competitive edge through continuous innovation and product diversification, particularly in the PC and workstation segments.

Strategic Partnerships: Partnerships, such as Intel’s collaboration with VVDN Technologies for device manufacturing, are key to maintaining leadership in the IT hardware market.

Emerging Technologies: Leaders in networking hardware like Cisco are focusing on 5G-ready solutions, positioning themselves at the forefront of the growing demand for advanced IT infrastructure.

Factors for Future Success: To succeed, companies must focus on developing energy-efficient, innovative products aligned with emerging technologies like AI, IoT, and 5G. Expanding local manufacturing, adhering to sustainability practices, and forming strategic partnerships will be key to capturing market share and responding to the evolving needs of key sectors like BFSI and e-commerce.