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

IT Device Market is Segmented by Type (PCs and Phones) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

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

IT Device Industry Overview

The IT Device market is highly fragmented as it currently consists of many players. Several key players in the market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their global footprints in developing regions to consolidate their positions in the market. The major players in this market include Dell Inc., Lenovo Group Limited, Apple Inc., Samsung Electronics Co., Ltd, and Microsoft Corporation.

In November 2022, Microsoft launched new Surface devices that ushered in the next phase of computing for Windows PCs. With the introduction of the new Surface products, Microsoft's top features are combined on a single gadget, allowing all users to participate, be heard, seen, and creatively express themselves.

In October 2022, Samsung Electronics Co., Ltd, the market leader in advanced memory technology, confirmed that the most recent LPDDR5X DRAM, which boasts the best performance in the industry at 8.5 gigabits per second (Gbps), has been approved for usage on Snapdragon mobile platforms. Samsung surpassed the previous maximum speed of 7.5Gbps in March, reiterating its dominance in the memory industry.

IT Device Market Leaders

  1. Lenovo Group Limited

  2. Dell Inc.

  3. Samsung Electronics Co., Ltd.

  4. Apple Inc.

  5. Microsoft Corporation

  6. *Disclaimer: Major Players sorted in no particular order
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