The hardware market in 2024 is influenced by various factors, including economic environment, downstream industry demand, market competition, and so on
From the perspective of some industry insiders, the hardware industry may develop towards a two-tier differentiation trend. Stores with management capabilities, teams, and a wide range of categories may become better, while small and medium-sized stores lacking management and incomplete categories may face greater survival pressure.
However, overall, the hardware products industry still has a stable development prospect, as its application scenarios are diverse and downstream products have a large volume, creating a stable large market for development.
If you are considering entering the hardware market, it is recommended to conduct thorough market research and risk assessment to understand market dynamics and develop appropriate business strategies.
