Laptop Market value to increase by USD 7.52 Bn | High growth opportunities in APAC | Technavio

NEW YORK, June 27, 2022 /PRNewswire/ -- The "Laptop Market by Type and Geography - Forecast and Analysis 2020-2024" report by Technavio estimates the market size to increase by USD 7.52 billion between 2019 and 2024, expanding at a CAGR of 1% during the forecast period. According to the report, APAC is expected to demonstrate the highest growth rate during the forecast period due to the growth of the corporate sector and the gaming industry. Also, the presence of key vendors in fast-growing economies such as China and India is driving the growth of the regional market.

Buy Our Full Report on Global Laptop Market for detailed insights into the market landscape,
regional growth opportunities, market behavior across various business segments, and much
more.

Market Dynamics

The increasing demand for 2-in-1 laptops is the key factor driving the growth of the market. In addition, the growing number of strategic partnerships will have a positive impact on the growth of the market during the forecast period. However, the increasing capabilities of smartphones and tablets will challenge the growth of market players.

Vendor Landscape:

The global laptop market is fragmented and is characterized by the presence of a large number of established players. Currently, the market is competitive due to the presence of multiple companies that manufacture a similar range of laptops. Most vendors offer traditional laptops due to their high popularity and adoption, ease of use, and reliability as well as the increasing adoption of gaming laptops. Vendors are also focusing on manufacturing 2-in-1 laptops due to their easy portability and compactness.

The research report offers information on several market vendors, including Acer Inc., Apple Inc., ASUSTek Computer Inc., Dell Technologies Inc., HP Inc., Huawei Investment & Holding Co. Ltd.Lenovo Group Ltd., Microsoft Corp., Micro-Star International Co. Ltd., and Samsung Electronics Co. Ltd.

Laptop Market: Segment Highlights

• Based on the type, the market is analyzed across segments such as traditional laptops and 2-in-1 laptops.
• The traditional laptops segment will have the largest share of the market during the forecast period.
• Traditional laptops offer advantages over 2-in-1 laptops, such as larger screen sizes, more powerful processors, and higher storage space. Also, they are generally more rigid and durable. These factors are driving the growth of the segment.

Regional Analysis

• About 36% of the growth will originate from the APAC region.
• The presence of a large population that need laptops in countries such as China and India is driving the growth of the regional market.
• The increasing adoption of laptops in educational institutions is also contributing to the growth of the laptop market in APAC.

View Our Report Sample for more highlights on the vendor landscape and other potential
segments and regions in the market.

Notes:

• The laptop market size is expected to accelerate at a CAGR of 1% during the forecast period.
• The laptop market is segmented into Type (Traditional laptops and 2-in-1 laptops) and Geography (APAC, Europe, MEA, North America, and South America).
• The market is fragmented due to the presence of many established vendors holding significant market share.

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Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type placement
• Traditional laptop - Market size and forecast 2019-2024
• 2-in-1 laptop - Market size and forecast 2019-2024
• Market opportunity by Type

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption
• Vendor Analysis

Vendors covered

• Market positioning of vendors
• Acer Inc.
• Apple Inc.
• ASUSTek Computer Inc.
• Dell Technologies Inc.
• HP Inc.
• Huawei Investment & Holding Co. Ltd.
• Lenovo Group Ltd.
• Microsoft Corp.
• Micro-Star International Co. Ltd.
• Samsung Electronics Co. Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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