Australia IT Hardware Market Projected to Surge to USD 4.35 Billion by 2029, Advancing at a CAGR of 8.10% - Technology Advancements Spearheading Market Expansion [Yahoo! Finance]
Hewlett Packard Enterprise Company (HPE)
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Source: Yahoo! Finance
Dublin, Dec. 26, 2024 (GLOBE NEWSWIRE) -- The "Australia IT Hardware Market, By Region, Competition, Forecast and Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering. The Australian IT Hardware Market is experiencing a significant growth trajectory, with a forecasted value increase from USD 2.70 Billion in 2023 to USD 4.35 Billion by 2029, progressing at a compound annual growth rate (CAGR) of 8.10%. As the digital infrastructure cornerstone, IT hardware is integral to the functioning of modern digital ecosystems, ranging from personal computing to complex enterprise operations. Advancements in technology stand as a major driving force behind the growth of the IT hardware market in Australia. Innovations in processing power, semiconductor technology, and the rising demands for cloud computing and big data analytics accentuate this trend. The emergence of high-performance computing and AI is simultaneously elevating demand for specialized hardware
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HPE
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- 12/5/24 - Beat
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- 12/17/24 - Form 4
- HPE's page on the SEC website