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We can all agree that computer technology is advancing rapidly. Just a decade ago, our everyday lives were vastly different from how they are today. This technological landscape consists of various computer related products, solutions, software, and services. According to Forbes, the global computer industry was valued at over 400 billion US dollars in 2019 with the figure expected to rise further.

Computer hardware and software are two of the most prominent aspects of the computer industry. Innovative improvements in hardware such as CPU, GPUs, memory, motherboards, and storage devices make computers faster and more reliable. Software provides users with access to programs that simplify a wide range of tasks, from organizing data to playing video games.

The computer industry has evolved from a single market segment in the 1970s to include diverse sectors such as business, personal home use, education, government, and entertainment. With the influx of mobile devices, the computer industry now boasts significant opportunities for growth in the near future.

SEO Friendly Summary: The evolution of computer technology has led us to where we are today, with a market valued at over 400 billion US dollars in 2019 according to Forbes. Computer hardware and software continue to be the backbone of the industry, with improved hardware such as GPUs, memory, motherboards, and storage devices being developed and computer software providing us with access to various programs. The computer industry has undergone considerable changes, branching out into various sectors such as business, personal use, education, government, and entertainment for growth opportunities. The advancement of mobile devices has also opened the door to further growth in the near future.

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