The global laptop market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The improved performance and enhanced capabilities of the new laptop are key factors behind the increased market growth. With faster processors, increased random access memory (RAM), and larger storage capacities, users are able to experience seamless multitasking, smoother graphics, and quicker access to their files and applications. This improved performance has attracted both including tech enthusiasts along with professionals and gamers who rely heavily on laptops for demanding tasks and high-performance gaming. The laptop market is constantly expanding due to increased disposable incomes, an ever-expanding internet infrastructure, and consumers’ preference for advanced laptops regarding system performance and design. The market is further driven by the increasing consumer demand owing to the proliferation of better internet infrastructure, especially in the Asia Pacific region in countries like India and China. The recent launch of a new laptop by key players such as HP, Huawei, Gigabyte, and others has had a significant impact on boosting the growth of the global laptop market. For instance,
In April 2023, Gigabyte launched a new series of laptops featuring the powerful Nvidia RTX40 graphics card. These laptops are designed to deliver exceptional gaming and graphics performance to cater to the requirements of gamers and content creators. The inclusion of the Nvidia RTX40 graphics card provides advanced ray-tracing capabilities, real-time rendering, and improved overall visual quality. Gigabyte’s new laptops aim to offer a high-performance gaming experience and support demanding creative tasks with their cutting-edge graphics technology.
- In April 2023, Huawei launched the MateBook D 16 and MateBook D 14 laptops 2023, offering a combination of performance and portability. The MateBook D 16 features a 16-inch display, while the MateBook D 14 has a 14-inch display, both delivering high-quality visuals. These laptops come with powerful processors and ample RAM for seamless multitasking.
- In February 2023, Lenovo unveiled the IdeaPad Slim 1 Gen 7 laptop in India, featuring an AMD Ryzen 3 7320U processor, 8GB RAM, and 512GB SSD storage. It sports a 15.6-inch FHD display with a resolution of 1920×1080 and comes with an integrated 720p HD camera with a privacy shutter for added security. Running on Windows 11 Home Single Language 64, the laptop is available in Cloud Grey color, offering a powerful and stylish computing solution for users in India.
- In December 2022, Lenovo announced upgraded versions of its ThinkPad X1, IdeaPad Pro 5, and IdeaPad Slim 5 laptops just before CES 2023. The ThinkPad X1 now offers improved processing power, display options, and connectivity features for professionals.
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Application
- By Size
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Includes HP Inc., Dell Technologies Inc., Lenovo Group Ltd., Apple Inc., Acer Inc., ASUSTek Computer Inc., among others.
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Laptop Market Report Segment
By Application
- Corporate Offices
- Gaming
- Others (Educational Purpose, General-Purpose)
By Size
- Small/Mini Laptops
- 13 to 14-inch Laptops
- 15 to 16-inch Laptops
- 17-inch and Above Laptops
Laptop Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
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
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