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Laptop Market

Global Laptop Market Size, Share, Trends, Growth, Forecast: By Type: Traditional, 2-in-1; By Screen Size: Up to 10.9" Inch, 11" to 12.9" Inch, 13" to 14.9" Inch, 15.0" to 16.9" Inch, More than 17" Inch; By Price: Up to USD 500, USD 501 to USD 1,000, USD 1,001 to USD 1,500, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Laptop Market Outlook

The global laptop market size reached a value of about USD 147.45 billion in 2023. The market is projected to grow at a CAGR of 4.7% in the forecast period of 2024-2032.

 

laptop market

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Global Laptop Market Share by Type

2-in-1 Laptops Experiencing Significant Popularity, Supported by their Versatility

As per the laptop market analysis, the demand for 2-in-1 laptops is considerably rising as they feature the functionality of both traditional tablets and laptops. Such laptops enjoy substantial popularity among students and working professionals seeking enhanced portability and flexibility. The superior battery life of these devices, coupled with their multiple usage modes, is further augmenting the laptop market share worldwide.

 

Advancements in technology and the development of 2-in-1 laptops with enhanced battery life, affordability, efficiency, and portability are further propelling the segment’s growth.

 

Market Share by Region

North America to Significantly Contribute to the Global Laptop Market Expansion

North America represents a significant share of the market as laptops are increasingly used for work, education, and entertainment purposes in the region. The trend of remote working, the growing interest in gaming, and the rising popularity of online education are also surging the demand for laptops.

 

Besides, consumers are preferring laptops with advanced features, the latest version of hardware and software, and improved portability and modern designs. Growing demand for thin and lightweight laptops with new-generation processors is propelling the laptop market share in the US.

 

Europe to Witness Robust Growth in the Forecast Period

The demand for laptops in Europe is likely to surge in the forecast period owing to the robust growth of the e-commerce sector and the growing disposable incomes of customers. Moreover, the rising demand for 2-in-1 laptops by key players is anticipated to aid the Europe laptop market demand in the coming years.

 

Laptop: Market Segmentation

A laptop is a lightweight and portable personal computer with a "clamshell" form factor, usually containing a thin LCD or LED computer screen installed inside the clamshell's upper lid and an alphanumeric keyboard inside the lower lid.

 

laptop market by segment

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The laptop market segmentation, based on type, includes:

  • Traditional
  • 2-in-1

 

Traditional laptops are further divided based on type into touch screen enabled and touch screen disabled.

 

By screen size, the market is divided into:

  • Up to 10.9" Inch
  • 11" to 12.9" Inch
  • 13" to 14.9" Inch
  • 15.0" to 16.9" Inch
  • More than 17" Inch

 

Based on price, the market is segmented into:

  • Up to USD 500
  • USD 501 to USD 1,000
  • USD 1,001 to USD 1,500
  • USD 1,501 to USD 2,000
  • Above USD 2,001

 

The market is categorised on the basis of end user into:

  • Personal
  • Business
  • Gaming

 

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Laptop Market by Region

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Flourishing Consumer Electronics Market in Emerging Regions to Support the Laptop Market Growth

The market for laptops in the Asia Pacific is being driven by the increasing internet penetration and the growing demand for consumer electronics. The growing digitisation, FDI flows, and a rising focus on domestic manufacturing are also propelling the market growth in the Asia Pacific.

 

There is also a rising demand for gaming and content creation laptops in the developing countries such as India and China, encouraging key players to launch new products. For instance, in December 2021, Asus launched a new ProArt series of laptops in India, designed for content creators and customers with a creative interest.

 

Advancements in Display Technology to Revolutionise the Global Laptop Market

The mainstreaming and affordability of innovative and high-performance screens such as mini LED and OLED are expected to favour the PCs market in upcoming years. OLED screens that offer exceptional image quality and colour vibrancy and precise control over contrast and brightness levels are increasingly used in laptops to improve user experiences.

 

The growing focus on energy efficiency and the increasing preference for lightweight, portable, miniature, and slim devices are favouring the OLED laptop market expansion.

 

Growing Adoption of Artificial Intelligence to Aid the Market Development

The development of AI-powered devices with enhanced speed, improved user experiences, automation benefits, and personalisation and customisation options is favouring the laptop market demand. In June 2022, Hewlett-Packard launched AI-powered Spectre laptops - Spectre 13.5 x360 and Spectre 16 featuring intelligent features such as noise reduction, auto frame, sound enhancement, dynamic voice levelling, AI-based privacy, and well-being and health features.

 

Key Players in the Market

The report gives a detailed analysis of the following key players in the global laptop market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Lenovo Group Limited
  • HP Inc.
  • Dell Inc.
  • Acer Inc.
  • Apple Inc.
  • ASUSTeK Computer, Inc.
  • Samsung Electronics Co., Ltd.
  • Sony Group Corporation
  • Micro-Star INT'L CO., LTD.
  • Microsoft Corporation
  • Razer Inc.
  • Xiaomi Inc.
  • Corsair Memory Inc.
  • LG Electronics
  • Panasonic Corporation

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Opportunities and Challenges, Historical and Forecast Market Analysis by Segment:

  • Type
  • Screen Size
  • Price
  • End User
  • Region
Breakup by Type
  • Traditional
  • 2-in-1
Breakup by Screen Size
  • Up to 10.9" Inch
  • 11" to 12.9" Inch
  • 13" to 14.9" Inch
  • 15.0" to 16.9" Inch
  • More than 17" Inch
Breakup by Price
  • Up to USD 500
  • USD 501 to USD 1,000
  • USD 1,001 to USD 1,500
  • USD 1,501 to USD 2,000
  • Above USD 2,001
Breakup by End User
  • Personal
  • Business
  • Gaming
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Lenovo Group Limited
  • HP Inc.
  • Dell Inc.
  • Acer Inc.
  • Apple Inc.
  • ASUSTeK Computer, Inc.
  • Samsung Electronics Co., Ltd.
  • Sony Group Corporation
  • Micro-Star INT'L CO., LTD.
  • Microsoft Corporation
  • Razer Inc.
  • Xiaomi Inc.
  • Corsair Memory Inc.
  • LG Electronics
  • Panasonic Corporation
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Region
7    Opportunities and Challenges in the Market
8    Global Laptop Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Laptop Historical Market (2018-2023) 
    8.3    Global Laptop Market Forecast (2024-2032)
    8.4    Global Laptop Market by Type
        8.4.1    Traditional
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Breakup by Type
                8.4.1.3.1    Touch Screen Enabled
                8.4.1.3.2    Touch Screen Disable
        8.4.2    2-in-1
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Laptop Market by Screen Size
        8.5.1    Up to 10.9" Inch
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    11" to 12.9" Inch
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    13" to 14.9" Inch
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    15.0" to 16.9" Inch
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    More than 17" Inch
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
    8.6    Global Laptop Market by Price
        8.6.1    Up to USD 500
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    USD 501 to USD 1,000
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    USD 1,001 to USD 1,500
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    USD 1,501 to USD 2,000
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Above USD 2,001
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
    8.7    Global Laptop Market by End User
        8.7.1    Personal
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Business
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Gaming
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
    8.8    Global Laptop Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Laptop Market Analysis
    9.1    Market by Type
    9.2    Market by Screen Size
    9.3    Market by Price
    9.4    Market by End User
    9.5    Market by Country
        9.5.1    United States of America 
            9.5.1.1    Historical Trend (2018-2023) 
            9.5.1.2    Forecast Trend (2024-2032)
        9.5.2    Canada
            9.5.2.1    Historical Trend (2018-2023) 
            9.5.2.2    Forecast Trend (2024-2032)
10    Europe Laptop Market Analysis
    10.1    Market by Type
    10.2    Market by Screen Size
    10.3    Market by Price
    10.4    Market by End User
    10.5    Market by Country
        10.5.1    United Kingdom
            10.5.1.1    Historical Trend (2018-2023) 
            10.5.1.2    Forecast Trend (2024-2032)
        10.5.2    Germany
            10.5.2.1    Historical Trend (2018-2023) 
            10.5.2.2    Forecast Trend (2024-2032)
        10.5.3    France
            10.5.3.1    Historical Trend (2018-2023) 
            10.5.3.2    Forecast Trend (2024-2032)
        10.5.4    Italy
            10.5.4.1    Historical Trend (2018-2023) 
            10.5.4.2    Forecast Trend (2024-2032)
        10.5.5    Others
11    Asia Pacific Laptop Market Analysis
    11.1    Market by Type
    11.2    Market by Screen Size
    11.3    Market by Price
    11.4    Market by End User
    11.5    Market by Country
        11.5.1    China
            11.5.1.1    Historical Trend (2018-2023) 
            11.5.1.2    Forecast Trend (2024-2032)
        11.5.2    Japan
            11.5.2.1    Historical Trend (2018-2023) 
            11.5.2.2    Forecast Trend (2024-2032)
        11.5.3    India
            11.5.3.1    Historical Trend (2018-2023) 
            11.5.3.2    Forecast Trend (2024-2032)
        11.5.4    ASEAN
            11.5.4.1    Historical Trend (2018-2023) 
            11.5.4.2    Forecast Trend (2024-2032)
        11.5.5    South Korea
            11.5.5.1    Historical Trend (2018-2023) 
            11.5.5.2    Forecast Trend (2024-2032)
        11.5.6    Australia
            11.5.6.1    Historical Trend (2018-2023) 
            11.5.6.2    Forecast Trend (2024-2032)
        11.5.7    Others
12    Latin America Laptop Market Analysis
    12.1    Market by Type
    12.2    Market by Screen Size
    12.3    Market by Price
    12.4    Market by End User
    12.5    Market by Country
        12.5.1    Brazil
            12.5.1.1    Historical Trend (2018-2023) 
            12.5.1.2    Forecast Trend (2024-2032)
        12.5.2    Argentina
            12.5.2.1    Historical Trend (2018-2023) 
            12.5.2.2    Forecast Trend (2024-2032)
        12.5.3    Mexico
            12.5.3.1    Historical Trend (2018-2023) 
            12.5.3.2    Forecast Trend (2024-2032)
        12.5.4    Others
13    Middle East and Africa Laptop Market Analysis
    13.1    Market by Type
    13.2    Market by Screen Size
    13.3    Market by Price
    13.4    Market by End User
    13.5    Market by Country
        13.5.1    Saudi Arabia
            13.5.1.1    Historical Trend (2018-2023) 
            13.5.1.2    Forecast Trend (2024-2032)
        13.5.2    United Arab Emirates
            13.5.2.1    Historical Trend (2018-2023) 
            13.5.2.2    Forecast Trend (2024-2032)
        13.5.3    Nigeria
            13.5.3.1    Historical Trend (2018-2023) 
            13.5.3.2    Forecast Trend (2024-2032)
        13.5.4    South Africa
            13.5.4.1    Historical Trend (2018-2023) 
            13.5.4.2    Forecast Trend (2024-2032)
        13.5.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Lenovo Group Limited
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    HP Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Dell Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Acer Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Apple Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    ASUSTeK Computer, Inc.
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Samsung Electronics Co., Ltd.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Sony Group Corporation
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Micro-Star INT'L CO., LTD.
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Microsoft Corporation
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Razer Inc.
            15.2.11.1    Company Overview
            15.2.11.2    Product Portfolio
            15.2.11.3    Demographic Reach and Achievements
            15.2.11.4    Certifications
        15.2.12    Xiaomi Inc.
            15.2.12.1    Company Overview
            15.2.12.2    Product Portfolio
            15.2.12.3    Demographic Reach and Achievements
            15.2.12.4    Certifications
        15.2.13    Corsair Memory Inc.
            15.2.13.1    Company Overview
            15.2.13.2    Product Portfolio
            15.2.13.3    Demographic Reach and Achievements
            15.2.13.4    Certifications
        15.2.14    LG Electronics
            15.2.14.1    Company Overview
            15.2.14.2    Product Portfolio
            15.2.14.3    Demographic Reach and Achievements
            15.2.14.4    Certifications
        15.2.15    Panasonic Corporation
            15.2.15.1    Company Overview
            15.2.15.2    Product Portfolio
            15.2.15.3    Demographic Reach and Achievements
            15.2.15.4    Certifications
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Laptop Market: Key Industry Highlights, 2018 and 2032
2.    Global Laptop Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Laptop Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Laptop Historical Market: Breakup by Screen Size (USD Million), 2018-2023
5.    Global Laptop Market Forecast: Breakup by Screen Size (USD Million), 2024-2032
6.    Global Laptop Historical Market: Breakup by Price (USD Million), 2018-2023
7.    Global Laptop Market Forecast: Breakup by Price (USD Million), 2024-2032
8.    Global Laptop Historical Market: Breakup by End User (USD Million), 2018-2023
9.    Global Laptop Market Forecast: Breakup by End User (USD Million), 2024-2032
10.    Global Laptop Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Laptop Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Laptop Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Laptop Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Laptop Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Laptop Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Laptop Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Laptop Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Laptop Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Laptop Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Laptop Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Laptop Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Global Laptop Market Structure

Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 147.45 billion.

The market is projected to grow at a CAGR of 4.7% between 2023 and 2032.

The major drivers of the market are rising disposable incomes, increasing population with growing disposable incomes, and improving internet infrastructure.

The key trends guiding the growth of the market include the introduction of favourable government programmes, rising digitisation, and increasing FDI flows into emerging markets.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of laptops in the market are traditional and 2-in-1.

The major screen sizes of laptop available in the market are up to 10.9" inch, 11" to 12.9" inch, 13" to 14.9" inch, 15.0" to 16.9" inch, and more than 17" inch.

The significant price segments in the market are up to USD 500, USD 501 to USD 1,000, USD 1,001 to USD 1,500, USD 1,501 to USD 2,000, and above USD 2,001.

The different end users of the product are personal, business, and gaming.

The major players in the market are Lenovo Group Limited, HP Inc., Dell Inc., Acer Inc., Apple Inc., ASUSTeK Computer, Inc., Samsung Electronics Co., Ltd., Sony Group Corporation, Micro-Star INT'L CO., LTD., Microsoft Corporation, Razer Inc., Xiaomi Inc., Corsair Memory Inc., LG Electronics, and Panasonic Corporation.

Analyst Review

The global laptop market attained a value of around USD 147.45 billion in 2023, driven by the growing adoption of consumer electronics. Aided by the enhancements in the internet infrastructure, the market is projected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.7%.

 

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on types, the market is bifurcated into traditional and 2-in-1. On the basis of screen size, the market can be segmented into up to 10.9" Inch, 11" to 12.9" Inch, 13" to 14.9" Inch, 15.0" to 16.9" Inch, and more than 17" Inch.

 

Based on price, the market is divided into up to USD 500, USD 501 to USD 1,000, USD 1,001 to USD 1,500, USD 1,501 to USD 2,000, and above USD 2,001.  Based on end user, the market is segmented into personal, business, and gaming. The major regional markets for laptop are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Lenovo Group Limited, HP Inc., Dell Inc., Acer Inc., Apple Inc., ASUSTeK Computer, Inc., Samsung Electronics Co., Ltd., Sony Group Corporation, Micro-Star INT'L CO., LTD., Microsoft Corporation, Razer Inc., Xiaomi Inc., Corsair Memory Inc., LG Electronics, and Panasonic Corporation.

 

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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