Laptops Market Segments, Analysis, Trends, Opportunities, and Strategic Strategies 2024-2033

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The Business Research Company presents an extensive market research report on the Laptops Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The laptops market size has grown strongly in recent years. It will grow from $113.99 billion in 2023 to $120.84 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to mobile computing trends, business and professional use, education technology integration, entertainment and media consumption, gaming and esports.

The laptops market size is expected to see strong growth in the next few years. It will grow to $160.28 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to continued remote work trends, hybrid and flexible work models, evolving educational technologies, increasing digital content creation, affordable and entry-level options. Major trends in the forecast period include focus on long battery life, increased storage capacities, enhanced graphics performance, privacy and security features, remote work-friendly features.

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Key Market Players:

Major companies operating in the laptops market report are AsusTek Computer Inc., Apple Inc., Samsung Electronics Co. Ltd., Microsoft Corporation., AT&T Inc., Bosch GmbH, Dell Technologies Inc., Huawei Investment & Holding Co. Ltd., Sony Group Corporation, Amazon Web Services Inc., Siemens AG, Lenovo Group Ltd., Lucky-Goldstar Electronics Ltd., Panasonic Corporation, Hewlett-Packard Company, Haier Group Corporation, Xiaomi Inc., Honeywell International Inc., Alcatel-Lucent S.A, Fujitsu Limited, Ericsson AB, Nokia Corporation, Toshiba Corporation, NEC Corporation, Koninklijke Philips NV, Hisense Electrical Co. Ltd., Acer Inc., Micro-Star International Co. Ltd., Razer Inc., Aeris Communications Inc.

Market Drivers:

The growing internet penetration is expected to fuel the growth of the laptops market in the forecast period. Globally, the number of internet users is increasing by more than 8% annually and the average global internet user spends over 6 1⁄2 hours per day online. More than three quarters of the world's larger economies of internet users go online via desktops and laptops. For instance, in February 2023, according to Meltwater, a Netherlands-based software company, internet users in the UK climbed by 224 thousand (+0.3 percent) between 2022 and 2023. There were 66.11 million internet users in the UK overall. Therefore, the growing internet penetration is expected to drive the growth of the laptop market during the period .

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The laptops market covered in this report is segmented -

1) By Type: Ultrabook, Netbook, Notebook, Other Types
2) By Laptop Screen Size: More than 17"", 15.0"" to 16.9"", 13"" to 14.9""
3) By End-Use: Personal, Business, Gaming

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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