Laptop Market is predicted to reach USD 386.30 billion at a CAGR of 7.80% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Laptop Market”.

Market Research Future (MRFR) has published the latest research report on the “Global Laptop Market” which contains information from 2018 to 2032. The Laptop market is estimated to register a CAGR of 7.80% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Laptop market— Acer Inc., Apple Inc., ASUSTeK Computer Inc., Dell, HP Development Company, L.P., Huawei Technologies Co., Ltd., LG, Lenovo, Micro-Star International Co., Ltd. (MSI), Microsoft Corporation, Panasonic Corporation, Razer Inc., Samsung Electronics Co., Ltd., Sony Corporation, TOSHIBA COPRORATION.

Market Highlights

The global Laptop market is accounted to register a CAGR of 7.80% during the forecast period and is estimated to reach USD 386.30 billion by 2032.

The laptop market exhibits dynamic dynamics shaped by rapid technological advancements, changing work and education paradigms, and intense competition among manufacturers. The demand for upgraded devices is driven by continual improvements in processors, graphics capabilities, and storage, while the surge in remote work and online education sustains a steady need for portable computing solutions. The gaming sector further amplifies demand for high-performance laptops. Market competition, pricing strategies, and the emergence of hybrid devices add layers of complexity, with economic factors and global events influencing consumer choices and industry practices. In this dynamic landscape, sustainability concerns are also gaining prominence, reshaping both consumer preferences and manufacturing practices in the laptop market.

Segment Analysis

The global Laptop market has been segmented based on Type, Screen Size, Price, and End Use.

Based on type, the global Laptop market has been segmented into Traditional Laptop, 2-in-1 Laptop. The traditional laptop segment was expected to hold the largest market share in 2022. This is attributed to the shift towards remote work and the increasing trend for telecommuting have led to a surge in demand for laptops.

Based on screen size, the global Laptop market has been segmented into Upto 10.9", 11" to 12.9", 13" to 14.9", 15.0" to 16.9", and More than 17". The 13” to 14.9” segment was anticipated to hold the major market share in 2022. This can be credited to the economic growth in emerging markets has resulted in a larger consumer base with the purchasing power to buy laptops..

Based on price, the global Laptop market has been segmented into Up to USD 500, USD 501 to USD 1000, USD 1001 to USD 1500, USD 1501 to USD 2000, and above USD 2001. The USD 501 to USD 1000 segment was expected to hold the largest market share in 2022. This is attributed to the the widespread consumer adoption of laptops for personal use and media consumption.

Based on end use, the global Laptop market has been segmented into Personal, Business, and Gaming. The business segment was anticipated to hold the major market share in 2022. This can be credited to enterprises which continue to invest in laptops for their employees, whether for remote work or on-site operations. The demand for business laptops with security features and robust performance remains strong.

Regional Analysis

The global Laptop market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Laptop market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Laptop market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World’s Laptop market comprises of Middle East, Africa, and Latin America.

In North America, the laptop market will dominate, driven by a combination of factors such as a high level of technology adoption, a significant remote work culture, and a strong emphasis on education. Technological innovation and a well-established e-commerce infrastructure contribute to continuous upgrades and replacements, with a demand for high-performance laptops. The region also sees a substantial market for gaming laptops, reflecting the popularity of gaming and esports. Moreover, corporate investments in advanced computing solutions for businesses further propel the market. The United States, as a major contributor to the North American market, influences trends with a focus on cutting-edge technology and a diverse consumer base.

Moreover, the Europe market has been persistently growing over the forecast period. The European market is characterized by a growing demand for ultrabooks, 2-in-1 devices, and laptops with enhanced security features. The emphasis on sustainability and energy efficiency aligns with the region's environmental concerns, impacting both consumer choices and corporate strategies. Remote work trends, accelerated by the COVID-19 pandemic, continue to drive the need for reliable and versatile laptops. Countries like Germany and the United Kingdom play pivotal roles in shaping market dynamics, with a focus on innovation and technology adoption.

Additionally, Asia-Pacific region is expected to grow at the fastest CAGR, driven by populous countries like China, India, and Japan. Increasing urbanization, a burgeoning middle class, and a growing tech-savvy youth population contribute to the region's significant market share. The demand for affordable laptops coexists with a rising interest in premium devices, reflecting diverse consumer segments. The education sector plays a crucial role, with many countries emphasizing digital learning and one-to-one device programs. The presence of major laptop manufacturers in the Asia-Pacific, coupled with strong consumer electronics markets, fosters competition and innovation.

Furthermore, the rest of the world's Laptop market is divided into the Middle East, Africa, and Latin America. This growth is attributed to Economic factors, such as affordability and disposable income, play a pivotal role in shaping consumer preferences. The market is influenced by a combination of urbanization, digital inclusion initiatives, and the expansion of e-learning. While certain areas may have infrastructural challenges, there is a growing trend toward technology adoption, with an emphasis on rugged laptops for specific industries and applications.

Key Findings of the Study

• The global Laptop market is expected to reach USD 386.30 billion by 2032, at a CAGR of 7.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to economic development, increased laptop adoption, and government initiatives


• Based on type, the traditional laptop segment was attributed to holding the largest market in 2022, with approximately more than half of the market share.


• Acer Inc., Apple Inc., ASUSTeK Computer Inc., Dell, HP Development Company, L.P., Huawei Technologies Co., Ltd., LG, Lenovo, Micro-Star International Co., Ltd. (MSI), Microsoft Corporation, Panasonic Corporation, Razer Inc., Samsung Electronics Co., Ltd., Sony Corporation, TOSHIBA COPRORATION