Press release
Global Laptop Market Size, Share, Price, Growth, Trends, Report and Forecast
It offers valuable insights into recent developments impacting the market, assesses price and demand indicators, and conducts a detailed examination using SWOT and Porter's Five Forces models.
Laptop Market Outlook
Market Overview (2018-2034)
Market Size in 2024: USD 168.74 Billion
Forecast CAGR (2025-2034): 2.30%
Estimated Market Size in 2034: USD 211.82 Billion
The global laptop market is experiencing steady growth, fueled by the rising need for high system performance, seamless internet access, and integration of advanced features. Laptops remain a preferred computing device due to their mobility, portability, and efficient internal storage. These attributes make them suitable for a wide range of personal and professional applications.
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Increased affordability of laptops is boosting adoption, especially in emerging markets. Additionally, laptops are increasingly being used for e-learning, remote work, and digital entertainment, further propelling market demand.
Laptop Industry Definition and Major Segments
A laptop is a compact, battery-powered personal computer with similar capabilities as a desktop. Its lightweight, foldable structure allows users to carry it easily and operate it from various locations.
By Type
Traditional
Touch Screen Enabled
Touch Screen Disabled
2-in-1 (Convertible/Hybrid)
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 Range
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
By End User
Personal
Business
Gaming
By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Laptop Market Trends
One of the key trends driving the laptop market is the technological innovation in processor design, screen clarity, and device compactness. Advanced features such as higher core-count CPUs, enhanced battery efficiency, and 4K display options are enhancing the user experience and expanding the appeal of laptops to new demographics, including gamers, creators, and remote professionals.
Increased penetration of high-speed internet and digital education platforms is also accelerating the adoption of laptops globally. Governments and educational institutions are increasingly providing laptops to students and educators to bridge the digital divide and promote digital literacy.
Regions like North America and Europe are witnessing high sales volumes due to the increasing demand for work-from-home setups and remote learning solutions. Government subsidies and initiatives supporting digital transformation in education further support market growth in these regions.
Key Market Players
Major companies featured in the global laptop market report include:
Lenovo Group Limited
HP Development Company, L.P.
Dell Inc.
Apple Inc.
ASUSTeK Computer Inc.
Acer Inc.
Samsung Electronics Co., Ltd.
Sony Group Corporation
Micro-Star International Co., Ltd. (MSI)
Microsoft Corporation
Others
These companies are leading innovations, expanding production capabilities, and enhancing product portfolios through investments, partnerships, and acquisitions.
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