The Global PC market is poised for significant growth, with an expected increase of USD 68.6 billion at a compound annual growth rate (CAGR) of 7.8% between 2023 and 2028. This expansion is largely driven by increasing digital services, greater digital literacy, and the growing influence of e-commerce, multimedia content creation, gaming, online education, and remote work. Despite challenges such as cybersecurity concerns and inflation, the market is poised to continue its expansion due to the increased adoption of internet-enabled devices and the integration of advanced technologies like the Internet of Things (IoT) and wearables.
For more details about the industry, get the PDF sample report for free
The PC market is segmented by type and geography. The primary drivers behind this market expansion are advancements in technology, the growing adoption of online learning, and the increasing prevalence of remote work. As the digital transformation takes hold in various industries, the demand for high-performance PCs has surged, particularly in sectors such as engineering, manufacturing, and design, where high computational power is required.
Business-to-Business (B2B): This segment is expected to experience substantial growth during the forecast period. Businesses continue to adopt PCs for professional applications, including desktops, laptops, and workstations, to enhance productivity and facilitate remote work. The rising trend of digitalization, combined with remote work policies, is significantly driving this segment's expansion.
Business-to-Consumer (B2C): The consumer segment is growing steadily, primarily due to the increased demand for multimedia content creation, gaming, and the general adoption of digital services.
South America:
The demand for PCs in South America is on the rise, driven by the increasing adoption of digital learning, remote work, and e-commerce.
Middle East and Africa:
The market in this region is growing as governments and businesses in Africa embrace digital transformation and adopt PCs for education, work, and automation
The PC market is also witnessing key trends that will influence its growth:
Increased Adoption of Wearables and IoT Devices: The integration of IoT devices and wearables has created a demand for powerful computing solutions that can handle vast amounts of data and offer seamless connectivity. This shift is leading to the development of PCs with enhanced connectivity options and superior processing capabilities.
Rise of Hybrid Devices: The growing preference for hybrid devices that combine the functionality of laptops, tablets, and desktops is further accelerating the market’s growth. These devices are particularly popular in remote work setups and digital education environments.
Expansion of Digital Content Creation: Digital content creation is becoming a significant driver, with consumers and businesses investing in high-resolution displays and powerful processors. This is fueling demand for gaming laptops, high-performance PCs, and tablets.
Despite the positive growth trajectory, the market faces several challenges that need to be addressed:
Cybersecurity Concerns: The rise of digital education and remote work has led to a significant increase in the number of connected devices, raising concerns about cybersecurity. PCs are increasingly at risk of data breaches, which can hinder market growth.
Inflation and Raw Material Shortages: The ongoing inflationary pressures and shortages of essential raw materials are affecting production capabilities and increasing the cost of manufacturing PCs, which could slow down market growth.
Complex Integration Processes: The integration of IoT, wearables, and advanced technologies into PCs presents a challenge for manufacturers, who must ensure compatibility across different platforms and devices.
Cybersecurity Concerns: As digital services and online education increase, ensuring cybersecurity measures to protect data and personal information remains a critical challenge. Data breaches and cyberattacks are becoming more prevalent, impacting the growth trajectory of the market.
Economic Factors: Inflation and raw material shortages are creating supply chain disruptions, making it challenging for manufacturers to meet demand. Shipping delays also affect the timely delivery of PCs.
Get more details by ordering the complete report
Some of the key companies of the PC Market are as follows:
Apple's Launch of New MacBook Pro (October 2023): Apple introduced its new MacBook Pro, which features significant upgrades in processing power and display quality, catering to the growing demand for high-performance devices, especially in gaming and multimedia content creation.
Lenovo's Expansion of Business-PC Solutions (January 2024): Lenovo unveiled an enhanced range of business PCs designed for remote work and digital content creation. These systems are optimized for collaboration tools and high-speed internet connectivity, addressing the growing demand for seamless remote working solutions.
Dell's High-Performance Workstations for Engineers (February 2024): Dell launched new workstations tailored for engineering and design sectors. These workstations feature advanced processing capabilities to support resource-intensive tasks in industries such as manufacturing, aerospace, and automotive.
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
