Electronic Computer Market Overview in the USA

For the third year in a row, the U.S. electronic computer market recorded growth in sales value, which increased by % to $ in 2019. The market value increased at an average annual rate of +% from 2013 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the market value increased by % year-to-year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in the near future.

In value terms, electronic computer production reached $ in 2019. The total output value increased at an average annual rate of +% from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015 with an increase of % year-to-year. Over the period under review, production hit record highs in 2019 and is likely to continue growth in years to come.

In 2019, consumption of electronic computers in the U.S. rose markedly to units, picking up by % against 2018. In general, consumption recorded a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at units in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

The size of the electronic computer market in the U.S. reached $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2013 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the market value increased by % year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the immediate term.

The electronic computer market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eleven-year period from 2019 to , which is projected to depress the market volume to units by the end of .

Electronic computer market in the U.S. consists almost entirely of imported products. In recent years, import prices have increased sharply. Despite the hike in prices, the U.S. relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.

The U.S. remains a net importer of electronic computer; in physical and value terms, imports consistently exceeded exports from 2013 to 2019. In 2019, there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.