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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
Regional Insights
The Asia Pacific laptop market is one of the largest and fastest-growing markets globally. With countries such as China, India, Japan, and South Korea leading the charge, the demand for laptops has surged due to increased adoption across various sectors, including education, business, and gaming. The region's expanding digital economy, technological advancements, and increasing remote work trends have contributed significantly to this growth. Notably, China dominates the market with its vast manufacturing capabilities, while India’s growing middle-class population is becoming a key driver of laptop sales. In addition, South Korea and Japan remain leaders in innovation and consumer electronics, constantly introducing new, high-performance laptops that cater to both professional and personal use.
The European laptop market has seen steady growth, driven by increased demand for personal computing and technological innovations. The United Kingdom and Germany are the largest markets within Europe, with strong demand for laptops across sectors such as education, business, and entertainment. The UK market is particularly influenced by the shift towards remote work, while Germany’s focus on innovation in both consumer and industrial applications continues to boost laptop sales. Additionally, Italy’s market has benefited from a growing interest in portable computing devices, particularly among professionals. Overall, the European laptop market is evolving to meet the needs of users seeking performance, portability, and enhanced features such as extended battery life and improved processing power, which are becoming essential across all user categories.
North America, with its technologically advanced infrastructure and large consumer base, holds a significant share of the global laptop market. The United States remains the dominant force, driven by the demand from enterprises, educational institutions, and individual consumers looking for portable computing solutions. Laptops in the US cater to a broad range of needs, from high-performance gaming models to budget-friendly options for everyday tasks. Canada's laptop market follows suit with steady demand, though the market is smaller compared to the US. The North American laptop market is marked by strong competition among leading brands, with constant innovation in hardware and software to meet the diverse preferences of consumers. As remote work and online education continue to rise, demand for laptops in this region is expected to maintain robust growth in the coming years.
| CAGR 2025-2034 - Market by | Country |
| Brazil | 4.7% |
| Saudi Arabia | 4.3% |
| UK | 4.1% |
| Canada | 3.7% |
| Australia | 3.4% |
| USA | 3.2% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| China | XX% |
| India | XX% |
| Mexico | XX% |
| Japan | 3.0% |
Laptop Market Report Snapshots
*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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