Final answer:
You can monitor, update, and manage all your hardware devices using the Device Manager in Windows, which provides a centralized interface for hardware component management.
Step-by-step explanation:
The utility you can use to monitor, update, and manage all your hardware devices on a Windows computer is the Device Manager. The Device Manager provides a centralized interface for managing hardware components and their drivers. You can access it from the Control Panel or by right-clicking on 'This PC' and selecting 'Manage'. From the Device Manager, you can view the status of hardware devices, update drivers, disable or enable devices, and troubleshoot device issues.