The
hardware support services global market, one of the segments in the IT services
industry, grew at a compound annual growth rate (CAGR) of around 6% during the
historic period. This mainly due to a high investments in IT market and
technology development.
In
the forecast period, the hardware support services market size is expected to
be over $997.1 billion by 2021, growing at a CAGR of nearly 6.80%. The growth
rate is higher in the forecast period when compared to the historic period.
This is mainly attributed to several factors which include economic growth in
emerging economies, increasing investments in smart cities and increase in
outsourcing.
Find
TBRC’s report on the hardware support services global market:
https://www.thebusinessresearchcompany.com/report/hardware-support-services-global-market-report-2018
https://www.thebusinessresearchcompany.com/report/hardware-support-services-global-market-report-2018
Companies
providing hardware support services are increasingly providing their clients
across different spectrum of industries with cloud software solutions. The
cloud is a software delivery method where a vendor hosts a software application
in a remote server and customers can access it through the internet. As cloud
computing services continue to grow the demand for cloud data recovery
solutions is gathering pace. Disaster recovery tools are particularly needed
because the cloud stores data which is prone to cyber and malware attacks.
Download
a sample report:
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