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Report Overview

The laptop market size reached around USD 168.74 Billion in 2024. The market is projected to grow at a CAGR of 2.30% between 2025 and 2034 to reach nearly USD 211.82 Billion by 2034. The global laptop market is experiencing rapid growth, driven by increasing demand for high system performance, internet connectivity, and advanced features. Consumers are prioritizing design, hardware life, and price-performance ratio, particularly in segments such as gaming laptops equipped with high-end graphic cards. The rise of ultra-thin models is reshaping the industry as disposable incomes increase. With a notable CAGR, the market for laptop continues to grow, fueled by evolving consumer preferences and advancements in technology. The growing emphasis on portability and power efficiency is further shaping trends, making laptops more adaptable to diverse professional and personal needs.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

*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 2024, the market reached an approximate value of USD 168.74 Billion.

The market is projected to grow at a CAGR of 2.30% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 211.82 Billion by 2034.

Gaming growth, hybrid workforce demands, sustainability focus, and emerging market expansion are the major factors driving the laptop market.

The laptop market is categorised according to the type, which includes traditional and 2-in-1.

The key players are Lenovo Group Limited, HP Inc., Dell Inc., Acer Inc., Apple Inc., ASUSTeK Computer, Inc., Samsung Electronics Co., Ltd., Sony Group Corporation, Micro-Star INT'L CO., LTD., Microsoft Corporation, Razer Inc., Xiaomi Inc., Corsair Memory Inc., LG Electronics, Panasonic Corporation, Huawei Technologies Co., Ltd., and TOSHIBA COPRORATION, among others.

Based on the end use, the market is divided into personal, business and gaming.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The Asia-Pacific region is the fastest-growing region in the global Laptop market, driven by rising demand across education and business sectors.

The top five companies in the laptop market are Lenovo Group Limited, HP Inc., Dell Inc., Acer Inc., and Apple Inc.

The traditional laptop segment accounted for the largest market share. The segment growth can be attributed to steady growth in the demand from the commercial segment, especially the gaming industry.

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