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December 2025
The IT devices market size is expected to be worth around USD 5.28 trillion by 2035, from USD 2.14 trillion in 2025, growing at a CAGR of 9.45% during the forecast period from 2026 to 2035. The increasing sales of peripheral devices in different parts of the world have driven the market expansion.
IT devices are physical equipment used for storing, processing and exchanging electronic data. There are several types of IT devices available in the market, consisting of computers, mobile and smart devices, input devices, storage devices, modems, industrial sensors and others. These devices are based on different operating systems, including Windows, macOS, iOS, Linux, Android and others. It is available in a distribution channel comprising both online and offline.
| Report Coverage | Details |
| Market Size in 2026 | USD 2.34 Trillion |
| Market Size by 2035 | USD 5.28 Trillion |
| Growth Rate From 2026 to 2035 | CAGR of 9.45% |
| Base Year | 2025 |
| Forecast Period | 2026-2035 |
| Segments Covered | By Product Type, By Operating Systems, By Distribution Channel, By Application |
| Market Analysis (Terms Used) | Value (USD Million/Billion) or (Volume/Units) |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Key Companies Profiled | Eaton Corporation; Honeywell International Inc.; ABB Ltd.; Apple Inc.; Cisco Systems; Dell Technologies Inc.; Landis Gyr Inc.; Lenovo Group Limited; Microsoft Corporation, Open Systems International Inc., Rockwell Automation Inc.; S & C Electric Company, Samsung Electronics Co. Ltd, Schneider Electric S.E., Siemens AG |
AI in IT devices helps in automating tasks, boosting security, optimising operations, proactive maintenance and others. Additionally, AI is integrated in numerous sectors, including smartphones, smart home, IoT devices, IT service desks and others. Thus, AI is playing a significant role in shaping the landscape of the IT devices market.
Rising Sales of Smartphones and Surging Demand for Computers
The sales of smartphones and computers have increased rapidly in several nations, including China, India, the U.S., Qatar and some others. Also, the demand for computers has increased in several sectors, such as automotive, energy, IT, robotics and some others for operating complex tasks. Thus, the increasing sales of smartphones and the growing demand for computers are expected to accelerate the growth of the IT devices market.
Software Issues and Security Threats
The IT devices market faces extensive problems in its daily operations. Firstly, the software issues related to IT devices have restrained the market expansion. Secondly, several cybersecurity issues in consumer electronics are negatively impacting the industry.
Advancements in Quantum Computing and Increasing Demand for Blockchain-Enabled Devices
The IT devices industry is poised for significant growth in the upcoming years. Firstly, the advancement in quantum computing technology is likely to drive the market in the future. Secondly, the surging demand for blockchain-based devices from the BFSI sector is another prominent factor that is expected to create growth opportunities for the market players in the future.
What Made the Mobile Devices Segment dominate the IT Devices Market in 2025?
The mobile devices segment held the largest share of the industry. The growing sales of smartphones in several countries, including the U.S., India, France, Italy and some others, have boosted the market expansion. Additionally, rapid investment by mobile phone companies for opening new production centres is expected to drive the growth of the IT devices market.
The peripheral devices segment is expected to rise with the fastest CAGR throughout the forecasted period. The increasing demand for wireless peripheral devices, such as keyboards and speakers, has boosted the market growth. Moreover, the surging popularity of touchscreen monitors and external hard drives in developed nations is expected to propel the growth of the IT devices market.
Why Did the Android Segment hold the Dominant Share of the IT Devices Market in 2025?
The Android segment led the industry. The increasing demand for Android smartphones in developing nations such as India, Thailand, Vietnam, and others has driven the market expansion. Additionally, rapid investment by market players for developing a wide range of Android devices is expected to accelerate the growth of the IT devices market.
The iOS segment is expected to rise with the fastest CAGR during the forecast period. The growing sales of iPhones in developed countries such as the U.S., Germany, France, Japan and others have bolstered the industrial growth. Moreover, numerous advantages of iOS platforms, including enhanced smoothness, superior usability, high resolution and others, are expected to propel the growth of the IT devices market.
How Did the Offline Segment lead the IT Devices Market in 2025?
The offline segment dominated the market. The growing emphasis of consumers to purchase IT devices from retail stores has boosted the market expansion. Additionally, rapid investment by the market players for opening up new IT device retail centres is expected to drive the growth of the IT devices market.
The online segment is expected to grow with the highest CAGR during the forecast period. The surging focus of smartphone manufacturers to launch their products on online platforms has driven the market growth. Also, numerous offers and benefits delivered by e-commerce companies such as eBay, Amazon, Alibaba and some others to purchase electronic items are expected to propel the growth of the IT devices market.
How Did the Enterprise Segment lead the IT Devices Market in 2025?
The enterprise segment dominated the market in 2025. The growing adoption of advanced electronic devices by corporate organisations has driven the market growth. Also, collaborations among government enterprises and electronics companies to deploy high-quality computers in government offices are expected to drive the growth of the IT devices market.
The consumer segment is expected to expand at the highest rate during the forecast period. The increasing demand for smartphones and gaming laptops among youths has boosted the market expansion. Moreover, the surging focus of consumers to purchase smart watches and IoT-enabled health trackers from online platforms is expected to boost the growth of the IT devices market.
The Asia Pacific IT devices market size is calculated at USD 770 billion in 2025 and is expected to reach nearly USD 1,929.25 billion in 2035, accelerating at a strong CAGR of 9.62% between 2026 and 2035.
Asia Pacific dominated the industry. The growing sales of consumer electronics in several nations, including India, China, Japan, South Korea and others, have boosted the market expansion. Additionally, numerous government initiatives aimed at developing the IT infrastructure, coupled with technological advancements in the AI industry, are playing a vital role in shaping the industrial landscape. Moreover, the presence of several market players such as Samsung Electronics Co Ltd, Lenovo Group Limited, Sony, Asus and others is expected to boost the growth of the IT devices market in this region.
North America is expected to grow with a significant CAGR during the forecast period. The surging demand for smartphones in numerous countries, including the U.S., Canada, Mexico and others, has driven the market growth. Also, rapid investment by market players for opening new production centres is positively contributing to the industry. Moreover, the presence of various IT device companies, including Apple, Microsoft Corporation, Rockwell Automation, Inc. and some others, is expected to drive the growth of the IT devices market in this region.
| Company | Headquarters | Offerings |
| ABB Ltd. | Zurich, Switzerland | ABB Ltd. is a global technology leader in electrification and automation, headquartered in Zurich, Switzerland, focused on helping industries and utilities become more efficient, productive, and sustainable through its four main business areas: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, leveraging software and engineering for a smarter, greener future. |
| Apple Inc. | California, USA | Apple Inc. is a global tech giant known for designing, developing, and selling consumer electronics (iPhone, Mac, iPad, Watch), software (iOS, macOS), and online services (App Store, iCloud, Apple Music). |
| Cisco Systems | California, USA | Cisco Systems is a global tech giant specialising in networking hardware, software, and telecom equipment, providing solutions for secure connectivity, collaboration (Webex), data centres, and IoT for businesses, governments, and service providers worldwide. |
| Dell Technologies Inc. | Texas, United States | Dell Technologies Inc. is a U.S. multinational tech giant providing PCs, servers, storage, software, and services, formed from the Dell-EMC merger, serving everyone from consumers to large enterprises. |
| Eaton Corporation | Dublin, Ireland | Eaton Corporation plc is a global power management company focused on electrical, aerospace, hydraulic, and vehicle solutions, helping customers manage power efficiently, reliably, and sustainably for a transitioning world. |
| Honeywell International Inc. | North Carolina, USA | Honeywell International Inc. is a global technology and manufacturing conglomerate focused on aerospace, building automation, industrial automation, and energy/sustainability solutions, providing software and hardware for smarter, safer, and more efficient operations in diverse industries like aviation, defence, healthcare, and logistics. |
| Landis Gyr Inc | Cham, Switzerland | Landis+Gyr is a leading global company in integrated energy management, providing smart metering, grid solutions, and analytics for utilities worldwide, helping them manage energy better through innovative tech like smart meters, distribution automation, and software. |
| Lenovo Group Limited | Beijing, China | Lenovo Group Limited (SEHK: 992) is a global Chinese technology giant, famous for being the worlds largest PC maker (ThinkPad, Yoga) but also offering smartphones (Motorola), servers, tablets, and software/services, driven by "Smarter Technology for All" with a focus on AI. |
| Microsoft Corporation | Washington, United States | Microsoft Corporation, a global tech giant founded in 1975, develops software, services, devices, and solutions, empowering individuals and organisations with its mission for "more" through Windows, Office, Azure cloud, Xbox gaming, LinkedIn, and AI, driving digital transformation with a focus on intelligent cloud and edge computing. |
| Open Systems International Inc. | Minnesota, USA | Open Systems International (OSI) is a leading global provider of real-time operations technology (OT) software for utilities, managing complex electric, oil & gas, and water networks, offering SCADA, EMS, DMS, and smart grid solutions for control, monitoring, and optimisation. |
By Product Type
By Operating Systems
By Distribution Channel
By Application
By Region
December 2025
December 2025
December 2025
December 2025