Global Laptop Computer Industry
New Study On “Global Laptop Computer Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2023” Added to Wise Guy Reports Database
The global laptop computer market is expected to garner a lucrative market revenue valuation over the forecast period, as per the latest report studied by DAR. A laptop computer, also known as a notebook computer is a small, portable personal computer which typically has a thin LCD or LED computer screen. This is mounted inside the upper lid of the clamshell and an alphanumeric keyboard inside the lower lid. Laptops are folded shut for transportation and hence, are suitable for portable use.
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There are several factors driving the global laptop computer market over the forecast period. Growing internet penetration, rising disposable incomes, and swelling global population are some of the primary factors contributing to the ascension of the market. Further, increasing awareness towards the emergence of novel technologies, coupled with upscaling disposable income of consumers are also anticipated to drive the adoption of laptop computers during the forecast period.
Moreover, growing preference of consumers towards cross-functional devices that offer integrated features and capabilities is observed to foster market growth. Laptops offer extensive diversity in their application areas, ranging from business, entertainment, to education. Additionally, high investments in the research and development activities, plus economical costs of laptop computer owing to mass production are other factors acting as growth stimulants for the market.
Key Players
Some of the distinguished players prevalent in the global laptop market include Acer, Apple, Asus, Captec, Dell, DURABOOK, Fujitsu, Haier, Hisense, HP, Lenovo, Panasonic, roda computer GmbH, Samsung, Toshiba, Weiheng Digital Co., Ltd.
Market Segmentation
The global laptop computer market is segmented on the basis of screen type, processor type, application, and region. Based on type, the market for laptops has been segmented into LCD, touchscreen and LED backlight. Based on processors, the laptop computer market is segmented into Intel and AMD. Based on application, the market segments include commercial, military, and household.
Detailed Regional Analysis
The global laptop computer market is studied for the regional segments of Asia Pacific, Latin America, North America, Europe, and the Middle East & Africa. At the beginning of the forecast period, North America and Europe, together, held more than half of the global laptop computer market. However, these regions are expected to witness a declining trajectory over the forecast period. North America and Europe’s laptop computer markets are mature with most product categories at or near saturation. Further, lack of new technological advancements in existing products, along with longer replacement cycles are some of the other factors hindering the regional market growth.
Asia Pacific is estimated to be the fastest-growing region for laptop computers during the forecast period. Governments in the region have levied policies to reduce import duties on spare parts which is noted to have a positive influence over regional market. Moreover, increasing government initiatives such as Make in India, Made in China 2025, and Digital India, coupled with increased foreign direct investments in the retail and ecommerce sectors of the region are together expected to drive the laptop computer market in the APAC.
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