The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Personal Computers Global Market Report 2024, the personal computers market is expected to show significant growth in the forecast period.

The personal computers market has witnessed a steady ascent, reaching $204.09 billion in 2023, with a projected growth to $212.38 billion in 2024 at a Compound Annual Growth Rate (CAGR) of 4.1%. This growth in the historic period can be attributed to technological advancements, versatile business and personal applications, diverse operating systems, and the booming demand for gaming and entertainment.

The Ascending Trajectory: Future Growth Insights
Looking ahead, the personal computers market is poised for robust growth, projecting a climb to $267.71 billion in 2028 at a CAGR of 6.0%. Key drivers in the forecast period include the surge in remote work and learning, the adoption of hybrid work models, increasing focus on gaming and content creation, and the integration of Internet of Things (IoT) in smart homes. Several noteworthy trends are expected to shape the landscape during this period.

Key Trends in the Forecast Period

• Remote Work and Learning: Accelerated adoption driven by evolving work and education dynamics.
• Hybrid Work Models: A balanced blend of in-office and remote work shaping the future workplace.
• Rise of Chromebooks: The increasing popularity of Chromebooks for their simplicity and efficiency.
• Gaming PCs: Growing demand for high-performance systems catering to gaming enthusiasts.
• Custom-Built PCs: A rising trend as users seek tailor-made solutions for specific needs.

Internet Surge Fuels Market Growth
The rising tide of internet usage globally is a pivotal factor propelling the growth of the personal computers market. With more than 4.66 billion people connected to the internet, constituting approximately 60% of the world’s population, the average global internet user spends over 6 hours and 42 minutes online. Growing at over 7% annually, the internet is becoming an integral part of daily life, with over 321 million new users joining the online community in the twelve months leading up to October 2020. This surge in internet users, coupled with the predominance of desktops and laptops for online access, is a driving force behind the expanding personal computers market.

Internet Usage Statistics

• Global Internet Users: Over 4.66 billion, contributing to 60% of the world’s population.
• Annual Growth: Exceeding 7%, with an average of 875,000 new users daily.
• Online Time: Average global internet user spends over 6 hours and 42 minutes per day.

Pioneering Innovation: Portable All-In-One Wireless PCs
Major players in the personal computers market are driving innovation with the introduction of portable all-in-one wireless PCs. An exemplary model is the Envy Move launched by HP in October 2023. This pioneering PC is designed for mobility, equipped with a 24-inch QHD display delivering crisp visuals. The device features an HP Wide Vision 5MP camera with AI capabilities for smart presence detection. Addressing user well-being, the Envy Move incorporates AI-based wellness reminders and an ambient light sensor for automatic brightness adjustments. Powered by the robust 13th Gen Intel Core i5 processor and offering storage capacities up to 1 TB, this portable PC exemplifies the evolving needs of users seeking flexibility.

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Envy Move Features

• 24-inch QHD Display: Delivering crisp visuals at 2560 x 1440 pixels.
• AI-Based Camera: Wide Vision 5MP camera with smart presence detection.
• Wellness Features: AI-based wellness reminders for user health.
• Processing Power: 13th Gen Intel Core i5 processor for seamless performance.

Market Segmentation: Understanding the Diversity
The personal computers market is diverse, segmented based on product types, distribution channels, and applications.

1. Product Type:
   • Desktop
   • Notebook
   • Workstation
   • Other Product Types
2. Distribution Channel:
   • Business-To-Business (B2B)
   • Business-To-Consumer (B2C)
3. Application:
   • Consumer
   • Commercial
   • Industrial

Asia-Pacific Leads the Charge
In 2023, Asia-Pacific emerged as the largest region in the personal computers market, showcasing the region’s dominance in driving market dynamics. Additionally, Asia-Pacific is expected to be the fastest-growing region during the forecast period.

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The Personal Computers Global Market Report 2024  provides an in-depth analysis on the personal computers market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the personal computers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Computers Global Market Report 2023

Computer Servers Global Market Report 2023

Computer Hardware Global Market Report 2023

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