Computer sales have grown steadily in recent years, with the most recent report showing the worldwide market was worth more than $13.2 trillion in 2016.
But what is it about computers that has driven that growth?
And how does the number of computers sold vary?
In this article, we’ll take a closer look at the different types of computers and how they’re sold.1.
Mobile phonesWith smartphones and tablets the fastest-growing categories, they’re also the most expensive.
That makes them particularly attractive to tech companies looking to scale up.
But smartphones are also a growing segment, with nearly 60% of the market in 2016, up from around 30% in 2014.
Mobile phone sales are expected to continue to grow in the coming years.2.
Video gamesWhile video games have been around for years, they’ve become even more popular in recent times, with sales reaching a new high last year.
According to market research firm Gartner, the global market for games surpassed $12 billion in 2016 and there are currently over 400 million games on devices.3.
Home appliancesMost home appliances, such as microwaves, air conditioners and refrigerators, are powered by natural gas.
Natural gas-powered appliances make up just 1.3% of total household electricity consumption, but they are the fastest growing segment of the global consumer electronics market, according to research firm Technavio.
The average U.S. household has 1.5 appliances in use, according the Energy Information Administration.4.
ComputersWith the increase in demand for PCs and mobile devices, the number is expected to reach 3.6 billion by 2025, up 9% from 2016.
The industry is also expected to grow at an annual rate of 2.6%.5.
Home electronics and lightingIn 2018, home appliances and light bulbs surpassed digital cameras as the largest market segment.
Home products account for nearly 50% of household electronics sales, according a report by market research company IDC.6.
Office suppliesThe office supply market is also a big one, with office supplies, printer cartridges, tape, pens and other supplies accounting for nearly 7% of U.s. sales in 2018.
In 2018, office supplies accounted for more than 2.3 billion items in the U.K., according to market analysis firm Euromonitor.7.
Computer accessoriesThe electronics and home appliance categories have also grown dramatically over the past few years, while computer accessories have also seen growth.
In 2017, the electronics and personal computing category accounted for around 13% of overall U. S. electronics sales.
The category is expected be worth $5.4 trillion by 2025.8.
Electronics and personal computer accessoriesThe category has grown from just a quarter of a million items in 2000 to nearly half of all U. the U’s total personal computer sales by 2025 according to a report from research firm IDC and market research provider Technavios.9.
Electronics salesThe U. of A. estimates that the U of A.’s total electronics sales will grow to $1.7 trillion by 2021.10.
Other goodsThe U of T’s College of Arts and Sciences reports show the Canadian market is worth $2.9 trillion, with U.k. merchandise worth $1 trillion.
That compares to $2 trillion worldwide.
The UBC’s Global Economic Survey also reports the UBCs total merchandise market is expected $4.3 trillion, up $200 million over last year’s estimate.