Laptop Market (By Type: Traditional Laptop, 2-in-1 Laptop; By Screen Size: Up to 10.9

The global Laptop market size is expected to be worth around US$ 250.05 billion by 2030, according to a new report by Vision Research Reports.

The global Laptop market size was valued at US$ 210.67 billion in 2020 and is anticipated to grow at a CAGR of 0.8% during forecast period 2021 to 2030.

Report Coverage

Growth Factors

 Increasing urbanization and growing spending capacities of consumers belonging to middle and upper-middle classes, coupled with evolving lifestyles, are projected to help the global market gain significant momentum over the coming years. Furthermore, upsurge in demand for technologically advanced products, particularly in developing countries due to changing needs and consumption patterns, is poised to bolster market growth over the forecast period.

Growing internet penetration, rising disposable incomes, swelling global population, and increasing awareness among consumers about emergence of novel technologies are among the primary growth stimulants for the market.

By Type Analysis

By type, the market is bifurcated into traditional and 2-in-1 laptops. In 2020, the traditional laptops segment represented over 90.0% of the overall market revenue owing to its increased adoption by end users, particularly gamers. Traditional ones offer advantages such as more storage space, powerful processor, bigger screen size, and increased Random Access Memory (RAM), among others.

the 2-in-1 laptop segment is estimated to post the highest CAGR exceeding 1.0% in terms of volume during the forecast period. This may be attributed to continuous innovations in design, which is leading to reduced size and easy portability. 

By Screen Size Analysis

15.0" to 16.9" laptops are also known as desktop replacements as they have wide-screen displays, powerful processors, enhanced storage, and are ideal for numerous end-use applications such as gaming. Besides gaming, these laptops are largely used in corporate offices as their widescreen monitors tend to be thin and can aid in clearing space-constrained office places, helping maximize productivity. 

the 13" to 14.9" segment is projected to witness the highest CAGR during the same period as laptops with these screen sizes offer best balance between usability and portability. They are suitable for gaming and business applications as they have enhanced graphics card, high-resolution display, and sufficient storage. 

By Price Analysis

laptops ranging between USD 501 to USD 1000 held a substantial share in the global market. They are also poised to be the fastest growing segment during the forecast period. Array of features available at a considerably reasonable price makes them the preferred price range among consumers.

They are suitable for diverse applications such as personal, business, and gaming. They also come with a long battery life, wide display screen, robust processor, and attractive design.

By End-Use Analysis

 Original Equipment Manufacturers (OEMs), such as Dell, HP Development Company, L.P., and Lenovo, manufacture laptops particularly for business purposes because both small and large companies nowadays require robust laptops for various tasks such as coding and programming, presentations, graphics design, and document editing.

business laptops have a rugged design, wide-screen displays, superior graphics, faster processors, and enhanced connectivity options. They are reasonably priced and have a long lifespan. 

By Regional Analysis

Europe and North America, together, accounted for more than 50.0% of the overall market value. However, these regions are anticipated to witness a decline in terms of revenue over the forecast period. The North America and Europe markets are mature, with most product categories at or near saturation. 

The sales of the device in Asia Pacific is projected to rise at the highest CAGR in terms of revenue over the forecast period. Government policies aimed at reducing import duties levied on spare parts are poised to positively influence the market in this region. 

Latin America and Middle East & Africa are expected to progress at a positive growth rate during the forecast period owing to rising disposable income of the populace in the region.

Key Player

 Dell; HP Development Company, L.P., ASUSTeK Computer Inc.; Apple Inc.; and Acer Inc.

Market Segmentation

• 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-Use

  • Personal

  • Business

  • Gaming

• Regional)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

  • Asia Pacific

    • China

    • India

    • Japan

    • Malaysia

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • South Africa

    • U.A.E.

The Laptop market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Laptop market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Laptop market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Laptop market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Laptop market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Laptop capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Laptop by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Laptop market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Laptop market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Laptop market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Laptop industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Laptop market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Laptop market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Laptop market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Laptop market. These factors have benefited the growth of the global market for Laptop. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Laptop. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Laptop are as follows:

• History Year: 2017-2020

• Base Year: 2021

• Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.