United States Laptop Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

United States Laptop Market Growth

The US is the largest economy in the world, having a residential population of 334 million. Being a developed nation having high spending habits, they share most of their expenditure on upgrading their lifestyle. 78% of the population are above 18 and have a good literacy rate contributing significantly to bolstering the United States laptop industry growth.

In the business sector, many giant chip manufacturers like Intel, AMD etc. have their semiconductor manufacturing plants across the USA providing cost competitiveness to laptop manufacturers. Many large MNCs have their headquarters in this country and require technology to connect with other parts of the region.

UNITED STATES DISTRIBUTION OF THE POPULATION BY AGE GROUP, 2023

United States Laptop Market Analysis

The United States laptop market dynamics and trends are being driven by regulations that foster close collaboration between the government, academia, and businesses. These policies encourage innovation, allowing companies to introduce new features that align with user expectations and market demands.

Technological innovations and advancements, gaming, sustainability, and upgradability of hardware are major factors significantly fuelling the United States laptop market development.

United States Laptop Industry Outlook

According to the USITC DataWeb/Census, in 2020, the U.S. imported electronic products valued at USD 483.7 billion, maintaining a steady import level compared to 2019. China remained the largest trading partner, contributing USD 161.0 billion, representing 33.3% of total imports. Mexico followed as the second-largest importer, supplying USD 80.1 billion worth of electronic goods, accounting for 16.6% of total imports. Taiwan and Malaysia were significant contributors as well, with imports valued at USD 32.2 billion (6.7%) and USD 30.9 billion (6.4%) respectively.

Vietnam's imports stood at USD 29.3 billion, capturing 6.1% of the market share. Japan's contribution was USD 19.3 billion, making up 4.0% of the imports, while South Korea provided USD 18.9 billion, representing 3.9% of total imports. Thailand provided electronic products valued at USD 16.8 billion, representing a 3.5% share. Other countries together contributed USD 95.2 billion, making up 19.7% of total imports. This global supply chain supports the United States laptop industry revenue by delivering cutting-edge technologies and innovations at competitive prices, thereby driving ongoing growth.

According to the American Gaming Association, the United States commercial gaming revenue in 2020 saw a rise in Q3, reaching approximately USD 8,000 million, and stabilizing around USD 9,000 million in Q4. This upward trend continued into 2021, with Q1 sustaining the USD 9 billion mark, and Q2 seeing a significant rise to approximately USD 14 billion, representing over 30% year-over-year growth. This boost in gaming revenue contributes to the expansion of the United States laptop market revenue, as manufacturers persistently innovate to provide high-performance laptops with customisable features and stylish designs tailored to gamers' preferences.

The U.S. laptop market benefits from continuous technological advancements and innovation, with leading brands introducing cutting-edge features.

• High demand for laptops driven by remote work, education, and entertainment needs supports the growth of the United States laptop industry.
• A wide variety of laptops catering to different user needs and preferences enhances consumer choice and market appeal.

Intense competition among major brands can lead to price wars and reduced profit margins.

• Frequent updates and new models can lead to quick obsolescence, impacting sales of older models.
• Premium pricing of high-end laptops may limit market access for budget-conscious consumers.

Increasing remote work and online education create ongoing demand for laptops with enhanced capabilities.

• Integration of AI, VR, and AR in laptops presents opportunities for the United States laptop market expansion and innovation.
• Growing consumer preference for eco-friendly products offers potential for developing sustainable laptop options.

Economic fluctuations can reduce consumer spending on non-essential technology products.

• Global supply chain issues can lead to delays and increased costs for laptop components.
• Increasing concerns about data security and privacy may affect consumer confidence and purchasing decisions.

Key Players in the United States Laptop Market and Their Key Initiatives

Apple Inc.

• Introduced the new M3 chip for MacBook series. 
• Expanded online education discounts to increase accessibility for students.

Samsung Electronics Co., Ltd.

• Partnered with Microsoft for seamless integration of Samsung devices with Windows 10 ecosystem. 
• Introduced the Galaxy Book Pro series with AMOLED displays.

Microsoft Corporation

• Launched the Surface Laptop 4. 
• Introduced AI-powered features in Windows 11.

Sony Group Corporation

• Launched the latest VAIO laptop series to capture the United States laptop market opportunities. 
• Partnered with Microsoft to integrate advanced cloud services.

United States Laptop Industry Segmentation

“United States Laptop Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Traditional
• 2-in-1

Market Breakup by Screen Size

• Up to 10.9” Inch
• 11” to 12.9” Inch 
• 13” to 14.9” Inch
• 15.0” to 16.9”
• More than 17”

Market Breakup by Price

• Up to USD 500
• USD 501 to USD 1000
• USD 1001 to USD 1500
• Others 

Market Breakup by End Use

• Personal
• Business
• Gaming

Market Breakup by Region 

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

United States Laptop Market Share

The 2-in-1 laptop offers better flexibility and portability through its ability to work as both a laptop and tablet boosting the United States laptop demand growth.

2-in-1 laptops are considered more efficient as compared to traditional designs. They offer excellent value to their consumers with their detachable technology. Touch panels act as a supplement to 2-in-1 laptops, offering more flexibility to their users.

Traditional laptops offer superior port and storage options, as well as better cooling rates compared to 2-in-1 laptops while working on simulation software.

Leading Companies in the United States Laptop Market

Market players are driving the United States laptop market growth by offering high-end devices at competitive pricing and offering additional options for upgradability.

• Apple Inc. 
• Samsung Electronics Co., Ltd. 
• Microsoft Corporation 
• Sony Group Corporation 
• ASUSTeK Computer Inc. 
• HP Inc. 
• Dell Inc. 
• Acer Inc. 
• Micro-Star INT'L CO., LTD. 
• Razer Inc.