Arista Networks, Inc. (ANET) in Santa Clara, Calif., is a supplier of cloud networking solutions that use software to address the needs of internet companies, cloud service providers, and enterprises. The company’s end customers span a range of industries and include large internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. HP Inc. (HPQ) is a global provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health and education sectors. Its segments include Personal Systems, Printing, and Corporate Investments. HPQ is headquartered in Palo Alto, Calif.
As remote working and online education have become the norm amid the pandemic, the demand for computers and computer components has surged. In addition, a growing interest in gaming has also driven the need for computer hardware. The PC market has witnessed double-digit growth over the last two years. However, the industry continues to be hampered by supply disruptions and logistical challenges, causing demand to outstrip supply. Supplies of crucial computer accessories, such as chipsets, sensors, processors, hard drives, panels, and monitors, have been badly hit. But experts expect the industry to continue growing. According to the International Data Corporation (IDC) report, the PC market is expected to grow at a 3.3% CAGR till 2025.
