In this article, we discuss the 12 biggest computer hardware companies in the world. If you want to skip our comprehensive analysis of these stocks, go directly to 5 Biggest Computer Hardware Companies in the World.
According to the Computer Hardware Global Market Report 2022, the global market for computer hardware is expected to grow to $1,215.76 billion in 2022. That’s up from the $1,129.39 billion the industry achieved in 2021. The expected growth is at a compound annual growth rate (CAGR) of 7.6 percent. The growth is expected to continue, reaching $1,568.25 billion in 2026 at a CAGR of 6.6 percent.
Some of the most famous investors in the world continue to invest in the computer hardware sector, including Oracle of Omaha Warren Buffett.
Warren Buffett’s hedge fund Berkshire Hathaway has a $3.4 billion stake in hardware giant HPQ as of the end of the second quarter. Berkshire is already a major stakeholder in Apple, the biggest hardware company in the world. While the computer hardware sector continues to face challenges amid a strong shift towards software in the world, hardware companies have a huge growth potential amid the upcoming boom in EVs, AI, robots and advanced healthcare.
Our Methodology
We picked some of the biggest hardware companies in the world based on market cap.
12 Biggest Computer Hardware Companies in the World12. Keyence Corporation (TYO:6861)
Market Capitalization: $84.4 Billion
Keyence Corporation (TYO:6861) is a direct-selling Japanese company that specializes in developing and producing automation sensors, barcode readers, laser markers, vision systems, digital microscopes, and measuring instruments. Though the company is known as a manufacturing company, it uses a fabless production system. The company outsources the manufacturing of its products to subcontract plants throughout Japan.
It’s a move the company said allows them to control equipment investment by selecting plants with the right equipment and technology needed to manufacture their products. In terms of market share, the sensor manufacturer is considered an industry leader. It has an estimated market share of more than 30% in the machine vision system and a more than 50% market share in the 3D machine vision system.