The global laptops market is expected to grow from $106.24 billion in 2020 to $115.88 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $149.02 billion in 2025 at a CAGR of 6.5%.
Companies Mentioned
Dell The Hewlett-Packard Company AsusTek Computer Inc. Apple Inc. Acer Inc. Lenovo Group Ltd. Microsoft Corporation. Micro-Star International Co. Ltd. Samsung Electronics Co. Ltd. Huawei Investment & Holding Co. Ltd. Haier Group Corporation Hisense Group Toshiba Corporation Fujitsu Limited Reasons to Purchase
Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies. Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates. Create regional and country strategies on the basis of local data and analysis. Identify growth segments for investment. Outperform competitors using forecast data and the drivers and trends shaping the market. Understand customers based on the latest market research findings. Benchmark performance against key competitors. Utilize the relationships between key data sets for superior strategizing. Suitable for supporting your internal and external presentations with reliable high quality data and analysis The laptops market covered in this report is segmented by type into ultrabook; netbook; notebook; others. It is also segmented by end-use into personal; business; gaming.
The growing internet penetration is expected to fuel the growth of the laptops market in the forecast period. Globally, the number of internet users is increasing by more than 8% annually and the average global internet user spends over 6 1?2 hours per day online. More than three quarters of the world’s larger economies of internet users go online via desktops and laptops. In 2020, globally, there are more than 4.66 billion people who are using the Internet (about 60% of the world’s overall population). Over the twelve months up to July 2020, over 346 million new users arrived online, leading to average growth of around 950,000 new users per day. Therefore, the growing internet penetration is expected to drive the growth of the laptops market during the period.
The increasing demand for smartphones and tablets is expected to hamper the growth of the laptops market in the forecast period. Smartphones and tablets can now be the main computing devices, and the efficiency disparity between laptops and smartphones continue to grow as consumers update their smartphones more quickly than their laptop computers. Also, many smartphones are available today in the market which work more efficiently than a laptop. There was an approximate 4.3 billion smartphones which were in use worldwide by the end of 2017, which is thrice the number of laptops and is expected to continue to rise by 9% each year and reach 7.2 billion by 2023. Therefore, the increasing demand for smartphones is expected to restrain the growth of the laptops market during the period.
Key Topics Covered:
1. Executive Summary
2. Laptops Market Characteristics
3. Laptops Market Trends and Strategies
4. Impact of COVID-19 on Laptops
5. Laptops Market Size and Growth
5.1. Global Laptops Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Laptops Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Laptops Market Segmentation
7. Laptops Market Regional and Country Analysis
7.1. Global Laptops Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Laptops Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
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