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Report Overview
The India laptop market size reached a value of more than USD 6.82 billion in 2023. The market is projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching a value of around USD 10.02 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Laptop Market Size
The India laptop market size reached a value of more than USD 6.82 billion in 2023. The market is projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching a value of around USD 10.02 billion by 2032.
Key Takeaways
- Reportedly, 95% of consumers in India read online reviews before making a purchase and 58% say they would pay more for a high review score product.
- According to reports, in 2024 , global spending on consumer electronics is expected to decline by around USD 5 billion this year.
- India's PC market saw a 30.1% decline in the 2023 March quarter, with shipments dropping to almost 3 million units compared to the previous year.
A laptop is a small, portable personal computer with a built-in keyboard, speaker, monitor and touchpad which runs on battery power. It is used for educational purposes, web browsing, work, playing games, general home computer use, and multimedia. Laptops vary based on size and processor capabilities.
The growth of the India laptop market is being aided by technological advancements and the rapid adoption of cutting-edge technologies within the personal computing space. Innovations such as ultraportable designs, extended battery lives, faster and more energy-efficient processors, and enhanced connectivity options have significantly improved the user experience, making laptops indispensable for a wide range of applications, ranging from professional work and education to gaming and entertainment.
India Laptop Market Report Snapshots
India Laptop Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached a value of over USD 6.82 billion.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The market is expected to witness a healthy growth in the forecast period to reach around USD 10.02 billion by 2032.
The major market drivers include increasing digitisation, rising purchasing power of consumers, availability of low-cost laptops, and widespread usage of laptops.
The key trends prevalent in the market are the increasing demand from SMEs and large enterprises, the growing prevalence of online education and remote working, innovations and development activities, and the presence of a large number of key players.
The primary product types for laptops are traditional and 2-in-1 laptops.
The different end uses of laptops are personal, business, and gaming, among others.
The key players in the market are Lenovo Group Limited, Dell Technologies, Inc., HP Development Company L.P., HCL Technologies Limited, ASUSTeK Computer Inc., Apple Inc., Acer Inc., Samsung Electronics Co., Ltd., Micromax Informatics, and Lava International Limited, among others.
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