Laptop market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The market growth is attributed to factors such as the increasing demand from corporate offices and the gaming industry. Further, technological advancements and changing consumer preferences are some of the other factors fueling the demand for laptops. For instance, the India Cellular & Electronics Association (ICEA) stated that the global market size of the IT hardware segments, including laptops and tablets, reached 210 billion US dollars in 2020-21. The rise in demand for corporate laptops can be attributed to the growing reliance on technology in businesses and the demand for efficient and portable computing devices. These corporate laptops provides advanced features, enhanced security measures, and robust performance capabilities, enabling professionals to carry out their work seamlessly and effectively. The expanding IT industry has created a fertile ground for laptop manufacturers to innovate and develop cutting-edge devices tailored to meet the specific requirements of businesses. There are many options available in the market, and some of the best business laptops include Lenovo ThinkPad X1 Carbon, Apple MacBook Pro, HP EliteBook 840 G9, LG Gram 17, and Acer Swift 3 14. These laptops offer a combination of comfort, performance, battery life, security, and durability, making them ideal for business use.
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The global laptop market is segmented based on its application and size. Based on application, the market is segmented into corporate offices, gaming, and others. Based on the size, the market is categorized into small/mini laptops, 13 to 14-inch laptops, 15 to 16-inch laptops, and 17-inch and above laptops. Among application, the gaming sub-segment is expected to witness a significant growth, driven by the increasing popularity of gaming laptops and the rising number of gaming enthusiasts worldwide.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Laptop Market by Application
- Corporate Offices
- Gaming
- Others (Educational Purpose, General-Purpose)
Global Laptop Market by Size
- Small/Mini Laptops
- 13 to 14-inch Laptops
- 15 to 16-inch Laptops
- 17-inch and Above Laptops
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Acer Inc.
- Fujitsu Ltd.
- GIGA-BYTE Technology Co., Ltd.
- HCL Technologies Ltd.
- Huawei Technologies Co. Ltd
- IBM Corp.
- Intel Corp.
- LG Electronics Inc.
- MEDION AG
- Microsoft
- MSI
- Nexstgo Co. Ltd.
- Panasonic Life Solutions India Pvt. Ltd.
- Razer Inc.
- Samsung Electronics Co., Ltd.
- Sharp Corp.
- Sony Group Corp.
- Toshiba Corp.
- Xiaomi Group
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global laptop market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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