What is Global Electronic Computer Manufacturing Market?
The Global Electronic Computer Manufacturing Market is a vast and dynamic sector that encompasses the production and sale of electronic computers. These devices, which are integral to modern life, are manufactured by a variety of companies worldwide. The market includes everything from personal computers used by individuals to powerful servers that power the internet and corporate networks. It's a constantly evolving industry, driven by technological advancements and consumer demand. The market is characterized by intense competition, with manufacturers constantly striving to outdo each other in terms of product features, performance, and pricing. The market's value was estimated at US$ 278770 million in 2023, and it's projected to grow to US$ 316320 million by 2030, reflecting a compound annual growth rate (CAGR) of 1.8% during the forecast period 2024-2030.
Microcomputers, Computer Workstation in the Global Electronic Computer Manufacturing Market:
Microcomputers and computer workstations are two key product categories within the Global Electronic Computer Manufacturing Market. Microcomputers, also known as personal computers, are typically used by individuals or small businesses. They are designed to be used by one person at a time and are suitable for running user-friendly software applications. On the other hand, computer workstations are high-performance machines used by professionals for demanding tasks such as graphic design, video editing, and scientific research. They are typically more powerful and expensive than microcomputers. The market for these products is influenced by factors such as technological advancements, consumer preferences, and economic conditions. For instance, the rise of mobile computing has impacted the demand for traditional desktop computers. However, the need for powerful computing solutions in professional settings continues to drive the market for computer workstations.
Individuals Use, Commercial Use in the Global Electronic Computer Manufacturing Market:
The Global Electronic Computer Manufacturing Market serves a wide range of users, from individuals to commercial entities. Individuals use electronic computers for a variety of purposes, including communication, entertainment, education, and personal productivity. Computers have become an essential tool for modern life, enabling people to stay connected, access information, and perform tasks more efficiently. On the other hand, commercial use of computers spans across industries and sectors. Businesses use computers for tasks such as data processing, inventory management, customer relationship management, and financial analysis. In addition, computers play a crucial role in sectors such as healthcare, education, manufacturing, and retail, among others. The usage of computers in these areas is expected to grow as technology continues to evolve and businesses seek to improve their efficiency and competitiveness.
Global Electronic Computer Manufacturing Market Outlook:
Looking at the market outlook, the Global Electronic Computer Manufacturing Market was valued at a significant US$ 278770 million in 2023. It's expected to witness a steady growth, reaching an estimated value of US$ 316320 million by 2030. This growth trajectory represents a compound annual growth rate (CAGR) of 1.8% during the forecast period from 2024 to 2030. The market is dominated by the top five manufacturers, who collectively hold a market share of over 60%. Geographically, China is the leading market, accounting for over 70% of the market share. It's followed by Taiwan and South East Asia, each holding about 15% of the market share. In terms of product categories, microcomputers represent the largest segment, accounting for about 75% of the market share.
Report Metric | Details |
Report Name | Electronic Computer Manufacturing Market |
Accounted market size in 2023 | US$ 278770 million |
Forecasted market size in 2030 | US$ 316320 million |
CAGR | 1.8% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Dell, Hp, Apple, Lenovo, Asus, Acer |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |