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Chapter 5 | IT Hardware Spend Forecast in 2023

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  • The Ultimate B2B Market Forecast for 2023
  • Chapter 1
    Global Forecast For IT Spend 2023
  • Chapter 2
    IT Spend Overview In 2023
  • Chapter 3
    IT Software Spend Forecast In 2023
  • Chapter 4
    IT Services Spend Forecast In 2023
  • Chapter 5
    IT Hardware Spend Forecast In 2023
  • Chapter 6
    IT Communications Spend Forecast In 2023
Chapter 5

IT Hardware Spend Forecast

Global IT Hardware Spend

The IT Hardware market is going through an interesting time. Like other IT categories, the pandemic accelerated trends that continue to impact hardware vendors, including an uptick in work from home and hybrid models, as well as growing demand for “as-a-service” purchasing.

We break Hardware down into 5 categories:

Hardware Categories:

  • Client Computing
  • Network Infrastructure
  • Security
  • Server Computing
  • Storage

Across all of these categories, HG projects that global spending on IT hardware will reach $607 billion in 2023. The largest categories are: Client Computing (33.4%), Server Computing (22.2%), and Network Infrastructure (20.8%).

Global IT Hardware Spend Forecast by Subcategory and Region

Sales & Marketing Software Spend by Global Region
Global IT Hardware Spend Forecast by Subcategory and Region
Source: HG Insights data