In an increasingly digital world, IT affects almost every industry, including communication, entertainment, healthcare, education, etc. IT devices serve as the foundation for contemporary communication across many industries.
Electronic equipment, known as IT devices, is designed to facilitate the processing, storage, transmission, and retrieval of digital data. These gadgets encompass a range of hardware items, including PCs, tablets, cellphones, and various accessories. In the upcoming years, the global market for IT devices is expected to increase significantly, meeting a range of needs and applications across several industries.
We explore the emerging trends and prospects of the IT devices industry.
Artificial intelligence (AI) powered PCs and smartphone
AI is being used by gadgets like smartphones, smart speakers, and wearable technology to improve the functionality and usability of these devices. AI on-device is a fascinating and quickly developing topic that is already extensively utilized in wearables, smartphones, and smart home appliances.
It appears that on-device AI has a bright future led by the creation of increasingly sophisticated and effective chips, such as next-generation GPUs (graphics processing units) and NPUs (neural processing units). For instance, in June 2024, Advanced Micro Devices, Inc. (AMD) announced significant improvements to its CPU, GPU, and NPU architecture to enable smooth AI operations across a variety of applications, ranging from individual PCs to massive data centers.
Growth in wearable devices
Based on responses from the Health Information National Trends Survey, which involved thousands of participants, it was found that nearly one in three Americans monitors their fitness and health using a wearable gadget, like a smart watch or band.
One of the most accepted aspects of modern civilization is wearable technology worn by people to monitor, evaluate, and send personal information. The surge in the adoption of these compact intelligent devices is significantly driving the IT devices market.
Adoption of cloud services
The shift to cloud computing has fueled the need for a variety of IT devices that can effectively support these services. Consequently, suitable gadgets—such as laptops, desktops, and mobile devices are being developed.
Smart IT devices are anticipated to use IoT and cloud-based platforms more frequently, allowing for real-time data processing, analytics, and remote management. Furthermore, 5G would open up new possibilities for virtual and augmented reality experiences, providing IT device manufacturers with the opportunity to reach new markets.
Development of smart cities
As the world’s urban population continues to grow, smart cities have become a ray of hope, producing enormous volumes of data from sensors and IoT devices.
In smart city ecosystems, there is a need for IT devices like routers, switches, gateways, and access points to facilitate smooth communication, effective data processing, transmission, and storage. In April 2025, Iveda announced the deployment of an AI platform to reduce the time needed to deploy smart cities.
Rise in remote and hybrid work models
As of February 2023, more than 50% of remote-capable workers in the United States were working in a hybrid arrangement. The use of hybrid work models is growing in popularity as it gives the freedom to decide when and where to work. This has changed the IT devices landscape as the need for connectivity and security has increased.
Moreover, employees are now investing in buying their own IT devices, including ergonomic chairs and high-resolution monitors for meetings and other tasks. Further, let’s understand the current market landscape of the global IT devices market.
According to Research Nester Analysis, the market for IT devices is projected to grow from its 2024 valuation of US$1.96 trillion to US$6.53 trillion by 2037. The market’s major participants are ABB Ltd., Apple Inc., Cisco Systems, Dell Technologies Inc., and Microsoft Corporation. These companies are used to keeping a competitive edge in the market and also maintaining a comprehensive product portfolio through aggressive marketing tactics, mergers and acquisitions, and strategic alliances. By providing a broad range of items, these businesses are striving to gain market dominance.
- In September 2024, Lenovo announced the introduction of a series of groundbreaking products to reshape artificial intelligence and professional computing in the future.
- In March 2025, Apple Inc. introduced several new products, including the iPhone 16e, MacBook Air with M4, a new Mac Studio model, and updated iPads, and it is anticipated to introduce iPads and Macs with next-generation Apple Silicon technology.
In addition, the Asia Pacific IT devices market is anticipated to hold the largest market share shortly. The region is recognized as a major global center for the production of IT products, including laptops, tablets, smartphones, and other consumer electronics. For instance, in 2023, more than 337 million computers were produced worldwide, with over 190 million of those being laptops, which made up around 17% of the total. Besides this, the swift expansion of e-commerce has driven the demand for IT devices, such as smartphones, tablets, and laptops.
In a Nutshell,
All things considered, the global IT devices market is showing signs of resilience and expansion. The market for information technology (IT) devices produces, sells, and distributes different kinds of IT equipment to meet a range of demands and uses in many industries.
IT gadgets include a variety of hardware, such as PCs, tablets, smartphones, and other accessories that have made it easier to process, store, send, and retrieve digital data.
The global market for IT devices is anticipated to grow dramatically, catering to a variety of demands and applications in numerous industries.
With innovation at its core, the industry is capitalizing on new opportunities in connectivity.
Source: Research Nester
