According to MMR analysts, the global Laptops Market is projected to experience steady growth over the forecast period, driven by increasing consumer preference for smart devices. The global laptop market is robust and continually evolving, driven by technological innovations, changing consumer preferences, and shifting work dynamics. Major players like Apple, HP, Dell, Lenovo, and Asus dominate the market, offering a diverse range of laptops catering to various needs and budgets. The demand for lightweight, ultraportable laptops, is fueled by the growing trend of remote work and on-the-go productivity. Additionally, the gaming laptop segment has experienced rapid growth, driven by the increasing popularity of eSports and high-performance gaming. The COVID-19 pandemic has further accelerated the adoption of laptops for remote work, virtual learning, and entertainment purposes, leading to increased sales in certain segments. Consequently, there has been a greater emphasis on features like enhanced connectivity, longer battery life, and improved performance to meet the demands of remote work and online activities.
Laptops Market Report Scope and Research Methodology
Market Size in 2023: USD 127.16 Billion
Market Size in 2030: USD 156.39 Billion
CAGR: 3 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 221
No. of Tables: 139
No. of Charts and Figures: 192
Segment Covered: By Raw Material, Application, and End Use
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, and South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Competitive Analysis, Key Players Benchmarking, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
The Laptops Market report provides a detailed analysis of the competitive landscape, regional insights, industry trends, and market dynamics. The Market covers includes growth drivers, investment opportunities, challenges, and restraints for each region. Data validation through qualitative and quantitative analysis ensures accuracy and reliability, by doing primary research. Primary methods include surveys, interviews, and observations to gather firsthand insights from consumers and industry experts. Utilizing statistical tools and trend analysis aids in forecasting market trends and assessing consumer preferences. Secondary methods involve analyzing existing literature, market reports, and online databases for in-depth market understanding. The report utilized a bottom-up approach to estimate global, regional as well as country-level market sizes, by adopting primary and secondary research methods. This rigorous methodology ensures informed decision-making for market players and stakeholders, facilitating strategic planning and sustainable growth in the Laptop industry.
Laptops Market Dynamics
The laptop market in North America is dynamic and competitive, driven by technological advancements, consumer preferences, and evolving work and entertainment needs. Major players like Apple, HP, Dell, and Lenovo dominate the market, offering a wide range of products catering to various segments. With the increasing demand for mobility, lightweight, and powerful devices, ultrabooks and 2-in-1 convertible laptops have gained popularity. In recent years, there has been a significant surge in remote work and online learning, leading to a heightened demand for laptops with enhanced connectivity features and productivity tools. Additionally, the gaming laptop segment continues to grow, fueled by the rise of eSports and the increasing popularity of high-performance gaming. The COVID-19 pandemic has also influenced the market, accelerating the adoption of laptops for remote work, virtual meetings, and entertainment purposes. As a result, there has been a shift towards thinner and lighter designs, longer battery life, and improved performance. Moreover, sustainability and environmental concerns are becoming increasingly important factors driving consumer purchasing decisions, leading to the emergence of eco-friendly laptop options.
Laptops Market Regional Insights
The Asia-Pacific region has witnessed a surge in demand for laptops driven by factors such as increasing internet penetration, rising disposable incomes, and the growing popularity of remote work and online education. As a result, there has been a heightened interest in ultraportable laptops, gaming laptops, and devices with enhanced connectivity features. Moreover, the region’s booming gaming industry has fueled the demand for high-performance gaming laptops, with eSports gaining immense popularity across various countries. There is a growing focus on affordable laptops tailored to the needs of emerging markets, contributing to the democratization of technology access. Furthermore, the Asia-Pacific region is also witnessing a shift towards eco-friendly and sustainable laptop options, driven by environmental awareness and government initiatives promoting green technologies.
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Laptops Market Segmentation
By Type
- Traditional Laptops
- 2 in 1 Laptop
By Screen Size
- 9” to 12.9”
- 13” to 14.9”
- 0” to 16.9”
- More than 17”
by End Use
- Personal
- Business
- Gaming
Laptops Key Manufacturers include:
North America:
- Apple (Cupertino, California, USA)
- Microsoft (Redmond, Washington, USA)
- HP (Palo Alto, California, USA)
- Dell (Round Rock, Texas, USA)
Asia-Pacific:
- Lenovo (Beijing, China)
- Acer (New Taipei City, Taiwan)
- ASUS (Taipei, Taiwan)
- Samsung (Seoul, South Korea)
- Toshiba (Tokyo, Japan)
- Fujitsu (Tokyo, Japan)
- Huawei (Shenzhen, Guangdong, China)
- Micromax (Gurugram, Haryana, India)
- LG Electronics (Seoul, South Korea)
- MSI (New Taipei City, Taiwan)
- Hisense (Qingdao, Shandong, China)
- Haier (Qingdao, Shandong, China)
- Sahara (Chennai, Tamil Nadu, India)
- Hasee (Shenzhen, Guangdong, China)
- Lens Technology (Changsha, Hunan, China)
- Gigabyte (New Taipei City, Taiwan)
Europe:
- Schneider Electric (Rueil-Malmaison, France)
- Medion (Essen, Germany)
South America:
- Positivo BGH (Buenos Aires, Argentina)
Middle East:
- Touchmate (Dubai, United Arab Emirates)
Key questions answered in the Laptops Market are:
- How do changes in demand and market conditions influence profit margins in the Laptop industry?
- Which segment of the Laptops Market dominated the industry and what segment is expected to grow at a high rate during the forecast period?
- How does the price of Laptops fluctuate and what factors influence it?
- How do consumer preferences influence the demand for Laptops?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the laptop market?
- Which regions are the largest consumers of Laptops, and what factors contribute to regional variations in demand?
- How does the Laptop market contribute to the overall aluminum industry? How do fluctuations in raw material prices affect profit margins in the Laptop industry?
- What is the typical profit margin for companies producing Laptops? How do economies of scale impact profit margins in the Laptop sector?
- What are some of the regulatory requirements governing the production and sale of Laptops, both domestically and internationally?
- What are some strategies for brands to differentiate themselves and build brand loyalty in the competitive Laptop market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size, and Forecast by Different Segments | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Product Category, Product Ownership, Distribution Channel, and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Consumer Goods and Services research firm, has also published the following reports:
Laptop Accessories Market: Global Laptop Accessories Market size was valued at USD 38.9 Bn in 2023 and is expected to reach USD 72.6 Bn by 2030, at a CAGR of 6.4 %. Laptop accessories play a pivotal role in enhancing the functionality, convenience, and overall user experience of laptops. These accessories include a wide range of products designed to complement and optimize the performance of laptops catering to the needs and preferences of consumers.
Laptop Bag Market: The Laptop Bag Market was valued at 2.25 Bn. USD for the year 2023 and is expected to grow at a CAGR of 6.2% to become a 3.43 Bn. USD market by the year 2030. With the increasing number of professionals and students traveling and commuting frequently, the demand for laptop bags with travel-friendly features like TSA-compliant designs and dedicated compartments has grown.
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