Strategic Growth Drivers Shaping the Laptops Market Outlook 2025- 2034:Internet Penetration Driving Global Laptop Market Growth
Discover trends, market shifts, and competitive outlooks for the laptops industry through 2025–2034 with The Business Research Company’s reliable data and in-depth research
What Is the Estimated Market Size of the Laptops Market In 2029?
There has been a significant expansion in the laptop market size over the past few years. It’s projected that it will increase from $259.11 billion in 2024 to $281.88 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.8%. The remarkable growth observed in the historical phase is a result of the rise in mobile computing, utilization in business and professional areas, the integration of technology in education, usage for entertainment and media, and the growth of gaming and esports.
The market size for laptops is projected to experience a significant surge in the coming years, escalating to $391.11 billion by 2029 with an annual growth rate (CAGR) of 8.5%. The anticipated growth during this forecast period can be linked to the ongoing proliferation of remote work, hybrid and flexible work arrangements, advances in educational technology, a surge in digital content production, and the availability of budget-friendly and entry-level options. The future market trends are expected to focus on long-lasting battery life, expanded storage capabilities, improved graphics performance, as well as privacy and security enhancements and features conducive to remote work.
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Which Factors and External Forces Are Driving Demand in the Laptops Market?
The anticipated expansion of the laptops market in the predicted timeline is attributed to the skyrocketing internet penetration. On a global level, internet users are seeing more than an 8% yearly increase, with the typical global internet user logging in over 6 1⁄2 hours each day. Desktops and laptops are preferred by more than three quarters of internet users in the world’s larger economies. As an example, Meltwater, a software firm based in the Netherlands, reported in February 2023 that the number of UK internet users increased by 224 thousand (+0.3 percent) from 2022 to 2023, bringing the total to 66.11 million users. Consequently, the rising internet penetration is expected to propel the laptop market’s growth in this span.
Which Segments in the Laptops Offer the Most Growth?
The laptops market covered in this report is segmented –
1) By Type: Ultrabook, Netbook, Notebook, Other Types
2) By Laptop Screen Size: More Than 17″, 15.0″ To 16.9″, 13″ To 14.9″
3) By End-Use: Personal, Business, Gaming
Subsegments:
1) By Ultrabook: Thin And Light Ultrabooks, Performance-Oriented Ultrabooks, 2-In-1 Ultrabooks (Convertible)
2) By Netbook: Basic Netbooks For Web Browsing, Lightweight Netbooks For Portability, Education-Focused Netbooks
3) By Notebook: Standard Notebooks, Gaming Notebooks, Business Notebooks, Multimedia Notebooks
4) By Other Types: Chromebooks, Rugged Laptops, Workstation Laptops, MacBooks (Apple Laptops)
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What Are the Fastest-Growing Geographies in the Which Factors and External Forces Are Driving Demand in the Laptops Market? Market?
North America was the largest region in the laptops market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global laptops market share report during the forecast period. The regions covered in the laptops market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which Cutting-Edge Market Trends Are Expected to Drive theLaptops Market’s Growth?
Leading corporations in the laptop market are prioritizing the creation of all-in-one laptops and desktops to increase their market revenues. For example, AsusTeK Computer Inc., a company based in Taiwan that produces laptops, unveiled a fresh series of all-in-one laptops and desktops in September 2023. This range comprises the Asus S500SE, Asus S501ME, and ROG DT. The Asus S500SE includes an Intel Core i7 processor that can be upgraded to the 13th generation, making it ideal for a range of activities like content creation daily and home entertainment. The Asus ROG DT G22, equipped with an Intel Core i7 processor, is designed specifically for gamers, offering smooth performance for games and software applications.
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What Are the Key Elements That Define the Laptops Market?
A laptop, sometimes called a notebook computer by manufacturers, is a battery- or AC-powered personal computer typically smaller than a briefcase that can be easily transported and conveniently used in temporary spaces such as airplanes, libraries, meetings, and temporary offices.
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