Market Recovery and Growth Projections 2021-2024
Accelerating at a CAGR of over 1%, the Global Laptop market is expected to grow by USD 7.52 bn during the forecast period. Our research report offers growth projections of all the market segments, along with an in-depth analysis of all the factors that are likely to boost growth. This research also delves deep into issues that are likely to challenge market growth. This detailed analysis of the market will facilitate clients in planning a business strategy for the growth of their business in the post-pandemic era.
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Laptop Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
Laptop Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
Laptop Market: Vendor Analysis
Key Areas Covered in our Report:
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
Laptop Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024
Technavio has been monitoring the laptop market and it is expected to grow by USD 7.52 bn, accelerating at a CAGR of almost 1% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Laptop Market: Key Trends to impact market growth
The increasing application of laptops in educational institutions is one of the key laptop market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Laptop Market: Top Drivers to Boost Demand
The increasing demand for 2-in-1 laptops is one of the primary factors driving the growth of the laptop market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: Acer Inc., Apple Inc. and ASUSTek Computer Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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 are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Laptop Market: Key Highlights of the Report for 2020-2024
The Global Laptop Market is expected to grow by USD 7.52 billion, accelerating at a CAGR of over 1% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View our Free Sample Report
Laptop Market: Segmentation by Type
The traditional laptop segment dominated Market in 2019 owing to factors such as ease of use and reliability of traditional laptops. Traditional laptops are the most popular mobile computing devices as they offer many advantages over desktop computers, including portability, ease of use, and compact size. However, the laptop market share growth by the traditional laptop segment will be slower than the growth of the market by the 2-in-1 laptop segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the laptop market size.
With the rising adoption of laptops across educational institutions and corporations, the demand for advanced light-weight laptops has increased. This has resulted in the development of 2-in-1 laptops. The preference for 2-in-1 laptops has increased among end-users as they offer features of both laptops and tablets. These laptops incorporate an in-built physical keyboard as well as a touchscreen. Moreover, vendors are continually incorporating numerous high-functionality components and in-built features such as 4-16 GB RAM, front and rear cameras, fingerprint readers, and 256 GB to 1 TB data storage in 2-in-1 laptops. In January 2020, Samsung Electronics expanded the line of Galaxy computing devices with the launch of Galaxy Book Flex α (alpha), a new variant of Galaxy Book Flex. The 2-in-1 laptop is equipped with a 17.5-hour battery life and a 10th generation Intel Core processor. These factors are driving the sales of 2-in-1 laptops, contributing to the growth of the laptop market size. The increasing application of laptops in educational institutions and with the recent surge in online learning have become the major growth drivers for the global laptop market. This will drive the demand for advanced yet light-weight laptop models.
Laptop Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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 are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
