Global Computer Hardware Market Report 2021

Posted by Sonika on May 11th, 2021

Bharat Book Bureau Provides the Trending Market Research Report on "Computer Hardware Global Market Report 2021 "under Hardware Industry Market Report Section. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Computer Hardware Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global computer hardware market as it emerges from the Covid 19 shut down.

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Electrical and electronic waste (e-waste) is currently the largest growing waste stream and rising regulations regarding its recycle and disposal are likely to hinder the growth of the computer hardware market. E-waste is hazardous and expensive to treat in an environmentally sound manner, and there is a general lack of standardized legislation or enforcement regarding e-waste. Close to 50 million tons of e-waste is generated globally every year and this e-waste is generally discarded in the general waste stream. Within these regions, e-waste is recycled using rudimentary techniques. E-waste has adverse environmental and health implications, for example, e-waste represents only 2% of solid waste in landfill globally but it accounts for up to 70% of the hazardous materials. Safety and health issues, labor issues and regulatory frameworks related to the management of e-waste can be a threat to this market going forward.

The computer hardware market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services including transportation systems, water supply and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human to computer interaction. Smart cities use computers and related hardware, thereby benefitting the companies operating in this market. In 2018, APG Algemene Pensioen Groep N.V. announced investment of €250 million in “Smart City Infrastructure Fund”, for development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China.

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