Updated Date: 13-Jan-2026
Sources: IMARC Group
According to IMARC Group’s report titled “India IT Hardware Market Size, Share, Trends and Forecast by Product Type, Enterprise Size, Distribution Channel, End User, and Region, 2026-2034“, the report offers a comprehensive analysis of the industry, including India IT hardware market research report, share, growth and regional insights.
How Big is the India IT Hardware Industry?
The India IT hardware market size was valued at USD 4,613.63 Million in 2025 and is projected to grow to USD 8,879.26 Million by 2034, with an expected compound annual growth rate (CAGR) of 7.55% from 2026 to 2034.
India IT Hardware Market Trends:
The India IT Hardware Market is currently witnessing a multi-faceted structural transformation, largely propelled by ‘Atmanirbhar Bharat’ initiatives on domestic electronics manufacturing and high-performance computing. With the ecosystem having matured from imports, India is rapidly transitioning towards “Make in India” servers, laptops and tablets, driven by protection of data sovereignty and building secure, diverse, and resilient supply chains, supported by initiatives such as PLI 2.0. This “flight to localization” has created an enormous demand for cost-effective hardware that can meet next-gen workloads, leading to a meaningful focus on the manufacturing of AI-oriented chips and edge computing devices to support the country’s digital infrastructure.
Additionally, enterprise demands in a post-digitalization world have evolved and multicloud and hybrid cloud infrastructure have gone from a competitive advantage to a necessity. Enterprises are beginning to follow the path of infrastructure modernization by deploying storage and security hardware to secure the huge amounts of data generated by 5G and IoT applications. High end computing technology is being democratized outside metro technology hubs to Tier-2 and Tier-3 cities. Digital India, digitization of public services and applications of smart hardware products in education and healthcare are becoming more mainstream as the government shifts from its customary procurement to agile and large-scale rollouts to incorporate these products.
India IT Hardware Market Scope and Growth Analysis:
The continued growth of the India IT Hardware Market is attributed to India’s ambition of becoming an electronics manufacturing hub. The setting up of mammoth semiconductor plants and assembly plants has not only unlocked huge untapped supply chain resources but also enables multinationals to set up a manufacturing base in India, thus lowering hardware costs in India. Additionally, the Data Center industry has matured, providing affordable access to enterprise-level computing and increasing the willingness to spend on infrastructure. The success of local cloud regions and hyperscale DCs has provided liquidity and hardware demand, and encouraged domestic manufacturers to invest in the infrastructure and supply chain for local rack servers and networking equipment.
In addition to the expansion of base peripherals, increased digitalization of the economy is also contributing to the growth of specialized peripherals. High-end workstations and gaming desktop PCs are gaining traction as they require greater processing power for high-end software development, animation, and gaming. The increasing penetration of broadband connectivity creates a risk-reduced environment for peripherals by presenting a constant pipeline of connected devices to meet the growing demand from a digitally empowered society.
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India IT Hardware Market Segmentation:
Analysis by Product Type:
- Personal Computers
- Servers and Storage Devices
- Networking Equipment
- Printers and Scanners
- Monitors and Displays
- Peripherals
- Others
Analysis by Enterprise Size:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
Analysis by Distribution Channel:
- Online Retailers
- Offline Retailers
- Direct Sales
- Others
Analysis by End User:
- Individual Consumers
- Government and Public Sector
- Educational Institutions
- Healthcare Sector
- Retail
- Others
Analysis by Region:
- North India
- South India
- East India
- West India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Other Key Points Covered in the Report:
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
- Recent Industry News
- Key Technological Trends & Development
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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