Press release
Laptop Market Expected to Witness a Sustainable Growth Over 2031
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Laptop technology has come a long way in recent years, making them more powerful and portable than ever before. Laptops now use a variety of different technologies to make them more efficient and user-friendly, including solid state drives, energy-efficient processors, and high-resolution displays.
One of the most important advances in laptop technology is the move to solid state drives (SSDs). SSDs are much faster than traditional hard drives, and they use less power, which extends battery life. SSDs are also more resistant to shock and vibration, making them ideal for use in mobile devices.
Another important advance is the use of energy-efficient processors. These processors use less power than traditional CPUs, and they generate less heat, which helps to extend battery life. Many laptop manufacturers are now using these low-power processors in their products.
Key Players
Lenovo
HP
Dell
Asus
Acer
Microsoft
Apple
Razer
MSI
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Key Trends
The laptop market is highly competitive, with a wide range of prices and features. The following are some key trends in the laptop market:
-Laptops are becoming thinner and lighter, with many now weighing less than 3 pounds.
-The average price of a laptop has fallen in recent years, with many quality models now available for under $500.
-Battery life continues to improve, with some laptops now able to offer over 12 hours of continuous use on a single charge.
-Laptops are increasingly being used as primary computers, with many now featuring high-resolution displays and powerful processors.
-Touchscreen laptops are becoming more popular, as they offer a more intuitive and natural way to interact with the computer.
Key Drivers
One of the most important drivers has been the increasing affordability of laptops. As prices have come down, more and more consumers have been able to purchase them. This has been driven in part by the increasing competition in the market, as well as by advances in technology that have made laptops more affordable to produce.
Another key driver of laptop market growth has been the increasing popularity of portable computing. Laptops are now much lighter and more portable than they were in the past, making them more convenient for users who need to be able to take their computer with them on the go. This has been driven in part by the increasing use of laptops for business travel and by the rise of the digital nomad lifestyle.
Finally, the increasing functionality of laptops has also been a key driver of market growth. Laptops now offer a wide range of features and capabilities that were once only available on desktop computers. This has made them more attractive to a wider range of users, including students, professionals, and casual users.
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Market Segments
By Type
Traditional Laptop
2-in-1 Laptop
By Screen Size
Up to 10.9″
11″ to 12.9″
13″ to 14.9″
15.0″ to 16.9″
More than 17″
By Price
Up to USD 500
USD 501 to USD 1000
USD 1001 to USD1500
USD 1501 to USD 2000
Above USD 2001
By End-User
Personal
Business
Gaming
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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