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.

In 2021, the average price for new laptops launched in India reached ****** Indian rupees, the highest since 2016. It was a nearly ** percent increase from 2016. The average price saw a general growth trend during the presented period. The leading laptop brands in that market were Asus, HP, Lenovo and Acer.

Laptop Market Outlook

The global laptop market size is projected to grow significantly from USD 150 billion in 2023 to an estimated USD 230 billion by 2032, representing a compound annual growth rate (CAGR) of 4.9%. This growth is driven by a variety of factors including technological advancements, increasing demand for remote work solutions, and the continuous rise in e-learning. The proliferation of digital content, coupled with the need for portable computing devices, is further propelling the market. The shift towards more powerful, energy-efficient, and lightweight devices is also contributing to this upward trend. As consumers and businesses alike continue to value mobility without compromising on performance, the laptop market is poised for sustained growth over the forecast period.

One of the primary growth factors for the laptop market is the increase in remote work and distance learning opportunities. With the global shift towards remote working environments, particularly accelerated by the COVID-19 pandemic, there has been an unprecedented demand for portable and efficient computing devices. Laptops offer the flexibility needed for remote work, enabling users to access work-related resources from any location. The education sector has also witnessed a surge in demand as educational institutions have increasingly adopted digital learning platforms, necessitating the widespread use of laptops for students and educators. This trend is expected to continue as both the corporate world and educational institutions recognize the long-term benefits of flexible work and learning models.

Technological advancements in the laptop market are another critical growth driver. The development of high-performance processors, enhanced graphics capabilities, and longer battery life are setting new benchmarks in the industry. Manufacturers are focusing on innovation to meet the increasing expectations of consumers who are seeking devices that can handle more complex tasks. The advent of 5G technology and its integration into laptops is also expected to create new opportunities by enabling faster connectivity and improved performance. Additionally, the trend towards thinner and lighter laptops, such as ultrabooks, continues to gain traction, appealing to consumers who prioritize both portability and power.

The growth of the gaming industry is also significantly impacting the laptop market. Gaming laptops, which boast powerful processors and high-end graphics cards, are increasingly in demand. The rise of eSports and competitive gaming has fueled the need for devices that can deliver immersive gaming experiences. Moreover, the growing popularity of virtual reality (VR) and augmented reality (AR) has further driven the demand for high-performance laptops. As gaming becomes more mainstream and diverse, manufacturers are investing in developing specialized gaming laptops that cater to different segments of gamers, from casual players to serious enthusiasts.

Regionally, Asia Pacific is expected to exhibit the highest growth in the laptop market, driven by a burgeoning middle-class population and rapid digitalization. Countries like China and India are witnessing an increased adoption of laptops across various sectors, including education and business. North America and Europe remain key markets due to their technological infrastructure and high adoption rates of new technologies. Meanwhile, Latin America and the Middle East & Africa are gradually emerging as potential growth areas, with increasing investments in technology and education sectors. As the global landscape evolves, regional dynamics will continue to play a significant role in shaping the future of the laptop market.

Product Type Analysis

The laptop market is broadly segmented into various product types, each catering to distinct consumer needs and preferences. Traditional laptops continue to dominate the market due to their versatility and affordability. These devices are favored by a wide range of consumers, from students to professionals, due to their well-balanced features that offer adequate performance for everyday tasks. Manufacturers have been focusing on enhancing the specifications of traditional laptops to include better processors, increased storage, and improved battery life, ensuring they remain competitive in a market with evolving consumer demands.

2-in-1 laptops, also known as convertible laptops, are gaining popularity due to their multifunctionality. These devices can switch between laptop and tablet modes, offering users the flexibility to use them for both work and entertainment purposes. The

Graph and download economic data for Producer Price Index by Industry: Electronic Computer Manufacturing: Portable Computers, Laptops, Tablets and Other Single User Computers (PCU33411133411172) from Dec 1992 to Jun 2025 about computers, electronics, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

After two years of decline, the U.S. laptop and tablet computer market increased by 9% to $42B in 2024. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $54B in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

Laptop Market size was valued at USD 2.67 Billion in 2024 and is projected to reach USD 3.51 Billion by 2031, growing at a CAGR of 3.80% from 2024 to 2031.Global Laptop Market DriversTechnological Advancements: Technological advancements are possibly the most influential driver in the laptop business. Advancements in processor, memory, storage, and display technology continue to drive product development and differentiation. Key trends such as the switch to SSDs (Solid State Drives), higher resolution screens, slimmer and lighter designs, and longer battery life all have a big impact on consumer preferences and purchases.Price and Value Proposition: In the laptop market, price continues to be a major component in purchasing decisions. While premium laptops have cutting-edge technologies and superior build quality, budget-conscious customers frequently choose cost and value for money. Entry-level and mid-range laptops with competitive features have made computing devices more accessible, particularly in emerging markets.Competitive Landscape: The laptop business is extremely competitive, with multiple companies fighting for market share. Key players such as Apple, HP, Dell, Lenovo, and Asus are always innovating to acquire a competitive advantage. Design aesthetics, performance optimization, software integration, and customer service are all examples of differentiating strategies. Furthermore, the growth of specialized competitors and boutique brands catering to certain market groups intensifies the industry's competitive dynamics.

Refurbished Computers and Laptops Market is Segmented by Device Type (Desktop Computers, Laptops, and More), Product Grade (Grade A, Grade B, Grade C), Operating System (Windows, Macos, and More), End-User (Corporate Enterprises, Educational Institutions, and More), Distribution Channel (Online Marketplaces, Manufacturer/Certified Refurb Stores, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The Chinese laptop and tablet computer market amounted to $39.8B in 2024, approximately reflecting the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $41.8B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Laptop and Tablet PC Market Outlook

As of 2023, the global market size for laptops and tablet PCs is estimated to be around $220 billion, with a projected compound annual growth rate (CAGR) of 5.2% leading to an anticipated market size of approximately $340 billion by 2032. This growth is driven by advancements in technology, increasing demand for portability, and the integration of artificial intelligence and cloud computing in personal and professional devices.

The increasing reliance on remote work and online education has significantly contributed to the growth of the laptop and tablet PC market. The COVID-19 pandemic accelerated the adoption of digital tools, making portable computing devices essential for productivity and learning. Moreover, the trend of hybrid work environments continues to persist, further driving the demand for efficient and versatile computing devices. Additionally, the rise of digital content creation and consumption, from streaming services to online gaming, underscores the importance of high-performance, portable computing solutions.

Technological advancements, such as faster processors, improved battery life, and high-resolution displays, have made laptops and tablet PCs more appealing to a broader audience. Innovations in hardware, including the development of lightweight materials and compact designs, have enhanced the portability and convenience of these devices. Furthermore, the integration of cutting-edge software features, such as artificial intelligence and machine learning, has enriched user experiences, making these devices indispensable for both personal and professional use.

Portable Computers have become an integral part of our daily lives, offering unmatched convenience and flexibility. These devices, which include laptops and tablets, are designed to be easily transported and used in various settings, from offices and classrooms to coffee shops and airports. The evolution of portable computers has been marked by significant advancements in technology, such as the development of lightweight materials and energy-efficient components. These innovations have not only enhanced the portability of these devices but also improved their performance and battery life, making them indispensable tools for both personal and professional use. As the demand for mobility and connectivity continues to rise, portable computers are expected to play an even more crucial role in our increasingly digital world.

The growth of the Internet of Things (IoT) and smart home ecosystems has also played a pivotal role in the expansion of the laptop and tablet PC market. These devices often serve as central hubs for controlling and managing various smart devices, creating a cohesive and interconnected digital environment. Additionally, the increasing availability of high-speed internet and the proliferation of cloud computing services have enabled seamless access to data and applications, regardless of location, further driving the adoption of portable computing devices.

From a regional perspective, North America and Asia Pacific are expected to lead the market growth due to their established technological infrastructure and high consumer demand. North America, with its strong presence of major tech companies and early adoption of new technologies, continues to be a significant market. Meanwhile, the Asia Pacific region, driven by emerging economies, rising disposable incomes, and increasing digital literacy, is experiencing rapid growth in the adoption of laptops and tablet PCs. Europe and Latin America also present substantial opportunities, with steady growth in digitalization initiatives and technological advancements.

Product Type Analysis

Laptops remain a dominant segment in the portable computing market, owing to their versatility and powerful performance capabilities. They cater to a wide range of users, from professionals requiring high-performance machines for complex tasks to students and everyday consumers seeking reliable devices for general use. Advances in laptop technology, such as ultra-thin designs, robust battery life, and high-resolution screens, have made them more appealing. Furthermore, the introduction of gaming laptops and specialized devices for creative professionals has diversified the market and attracted niche user groups.

Tablets have carved out a significant market segment, particularly in areas where portability and ease of use are paramount. They are favored for

The global laptop market, valued at $133.41 billion in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 2.9% from 2025 to 2033. This growth is driven by several factors, including the increasing demand for portable computing devices across various sectors—business, personal use, and gaming—fuelled by remote work trends and the rise of e-learning. The market is segmented by end-user (business, personal, gaming) and type (traditional laptop, 2-in-1 laptop), offering diverse choices to cater to specific needs and preferences. Technological advancements, such as improved processing power, enhanced battery life, and lighter designs, are further bolstering market expansion. While increasing competition among established players like Acer, Apple, Dell, HP, Lenovo, and others intensifies the market, it also stimulates innovation and drives down prices, making laptops more accessible to a wider consumer base. The market’s growth is expected to be geographically diverse, with North America and APAC (particularly China and India) representing significant regional markets. However, potential economic downturns and fluctuating component costs pose challenges and could influence future market growth. The competitive landscape is characterized by intense rivalry amongst major players, each employing distinct competitive strategies such as product differentiation, aggressive pricing, and strategic partnerships. Companies are focusing on enhancing features, improving design aesthetics, and expanding their product portfolios to maintain market share and capture new customer segments. The industry faces risks including supply chain disruptions, fluctuating raw material costs, and the emergence of alternative computing devices. Nevertheless, the sustained demand for portable and versatile computing solutions, coupled with ongoing technological innovations, suggests a positive outlook for the laptop market throughout the forecast period. The continued expansion of the global digital economy and the increasing integration of technology into daily life will further contribute to the long-term growth trajectory of this market.

The global gaming laptop market value is expected to reach US$ 19,190.4 million by 2033. The market is anticipated to progress at a CAGR of 4.4% through 2033. The demand for gaming laptops is US$ 12,476.1 million in 2023.

Historical Performance of the Gaming Laptop Market Vs. Forecast Outlook

Category-wise Insights

Country-wise Insights

Report Scope of the Gaming Laptop Market

The touchscreen laptop market is experiencing robust growth, driven by increasing demand for portable and versatile computing devices. The market, estimated at $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033, reaching an estimated $120 billion by 2033. This growth is fueled by several key factors. The rising popularity of hybrid work models and the increasing need for mobility are significant drivers. Consumers and businesses alike appreciate the seamless blend of laptop functionality and touchscreen intuitiveness for tasks ranging from content creation to everyday productivity. Furthermore, technological advancements, such as improved display resolutions and more responsive touchscreens, continue to enhance the user experience, pushing adoption rates higher. The market is segmented by operating system (Windows, Android, and Others) and sales channel (online and offline). While the Windows operating system currently dominates the market share, Android-based touchscreen laptops are steadily gaining traction, particularly in emerging markets. The dominance of established players like Microsoft, Lenovo, Samsung, HP, Dell, Asus, and Huawei indicates a competitive landscape, driving innovation and affordability. Regional variations exist, with North America and Asia Pacific currently leading in market share, although growth potential remains significant in other regions, particularly in developing economies where increased internet penetration and rising disposable incomes are creating new avenues for expansion. The competitive landscape presents both opportunities and challenges. Established players are leveraging their brand recognition and extensive distribution networks to maintain market leadership. However, smaller companies are also entering the market, offering innovative features and competitive pricing, potentially disrupting market dynamics. Continued research and development in areas such as battery life, screen technology, and processor performance will be critical for maintaining a competitive edge. Potential restraints include price sensitivity in some markets and the emergence of alternative portable computing devices. However, the overall growth trajectory remains positive, suggesting a promising outlook for the touchscreen laptop market in the coming years. The continued integration of advanced features and the evolving demands of the digital age will continue to shape this dynamic market.

Laptop Market By Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Product Type, By Screen Size, By Price, By Application, By Distribution Channels, By Region, Competition Forecast and Opportunities

Canada Computer Price Index: DCS: Laptop Computers: Household data was reported at 91.500 2015=100 in Mar 2021. This records a decrease from the previous number of 93.000 2015=100 for Feb 2021. Canada Computer Price Index: DCS: Laptop Computers: Household data is updated monthly, averaging 99.700 2015=100 from Jan 2010 (Median) to Mar 2021, with 135 observations. The data reached an all-time high of 147.700 2015=100 in Jan 2010 and a record low of 90.400 2015=100 in Mar 2020. Canada Computer Price Index: DCS: Laptop Computers: Household data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I035: Computer Price Index: 2015=100 (Discontinued).

Gaming Laptop Market Outlook

According to our latest research, the global gaming laptop market size in 2024 stands at USD 14.2 billion, with robust momentum driven by technological advancements and increasing consumer demand. The market is exhibiting a healthy growth trajectory, recording a CAGR of 8.6% during the forecast period. By 2033, the gaming laptop market is projected to reach a valuation of USD 29.4 billion. The primary growth factor fueling this expansion is the surge in immersive gaming experiences, rising popularity of e-sports, and significant hardware innovations that continue to redefine user expectations and performance benchmarks.

The gaming laptop market is experiencing dynamic growth propelled by several key factors. The proliferation of high-performance components, such as advanced GPUs and multi-core processors, has enabled manufacturers to deliver laptops that rival desktop gaming rigs in terms of speed, graphics, and multitasking capabilities. The introduction of ray tracing, high refresh rate displays, and efficient cooling systems has further enhanced the appeal of gaming laptops, making them the preferred choice for both casual and professional gamers. Additionally, the integration of AI-powered features and machine learning algorithms is optimizing gaming performance, reducing latency, and providing real-time enhancements to graphics and gameplay, thereby attracting a broader audience base.

Another significant driver is the escalating influence of the e-sports industry, which has transitioned from a niche market to a mainstream entertainment phenomenon. E-sports tournaments, sponsorships, and streaming platforms are creating lucrative opportunities for hardware manufacturers, as professional and aspiring gamers seek high-end laptops to gain a competitive edge. The demand for portable yet powerful devices is rising, as gamers increasingly participate in LAN events, tournaments, and collaborative gaming sessions. This shift towards mobility and performance is compelling brands to innovate aggressively, resulting in thinner, lighter, and more efficient gaming laptops that do not compromise on power or battery life.

Furthermore, the growing accessibility of gaming content and platforms has democratized the gaming ecosystem, making it easier for consumers across various income brackets to engage in high-quality gaming experiences. Entry-level and mid-range gaming laptops, equipped with capable hardware at competitive price points, are witnessing significant adoption among students, young professionals, and emerging markets. The availability of financing options, bundled gaming packages, and attractive promotional offers through online and offline channels is further accelerating market penetration. This democratization is fostering a vibrant and diverse community of gamers, fueling the demand for gaming laptops across different segments.

Regionally, Asia Pacific remains the epicenter of gaming laptop consumption, owing to its massive youth population, thriving gaming culture, and rapid digitization. Countries such as China, South Korea, and Japan are leading the charge, supported by government initiatives, robust internet infrastructure, and a burgeoning e-sports ecosystem. North America and Europe are also significant contributors, with high disposable incomes, strong brand presence, and a mature gaming audience. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, driven by increasing internet penetration, rising urbanization, and growing interest in gaming as a mainstream form of entertainment.

Product Type Analysis

The gaming laptop market is segmented by product type into entry-level, mid-range, and high-end categories, each catering to distinct user preferences and budget constraints. Entry-level gaming laptops are designed for casual gamers and students who seek affordable solutions without compromising essential gaming features. These models typically incorporate modest G

The global laptop market, valued at $139.31 billion in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 3.2% from 2025 to 2033. This growth is driven by several key factors. The increasing adoption of remote work and online learning models has significantly boosted demand for laptops across various demographics. Furthermore, continuous technological advancements, such as the introduction of lighter and more powerful processors, improved battery life, and innovative designs featuring touchscreens and 2-in-1 functionalities, are attracting a wider range of consumers. The rise of cloud computing and the need for portable devices for accessing data and applications contribute further to market expansion. Major players like Lenovo, HP, Dell, Apple, ASUS, and Acer are constantly innovating and expanding their product lines to cater to diverse consumer needs, fueling competition and driving overall market growth. However, certain restraints are impacting the market's trajectory. Fluctuations in component prices, particularly semiconductors, can affect production costs and pricing strategies. Supply chain disruptions, particularly prevalent in recent years, pose a significant challenge. Finally, the increasing saturation of the market in developed regions may lead manufacturers to focus more on emerging markets, where growth potential remains significant, albeit with unique challenges. Segment-wise, while precise data isn't available, we can infer that the premium segment (high-performance laptops) and the budget segment (entry-level laptops) are likely to be the most dynamic. The premium segment will be driven by technology enthusiasts and professionals, while the budget segment will cater to the price-sensitive market segment, potentially in developing economies.

US Personal Laptop Market, US Personal Laptop Market Size, US Personal Laptop Market Trends, US Personal Laptop Market Forecast, US Personal Laptop Market Risks, US Personal Laptop Market Report, US Personal Laptop Market Share

The Italy laptop market size reached USD 2.32 Billion in 2024. The market is expected to grow at a CAGR of 2.87% between 2025 and 2034, reaching USD 3.08 Billion by 2034.

Significant fluctuations are estimated for all segments over the forecast period for the price per unit. In general, the indicator appears to exhibit a positive trend, with more segments showing increasing values rather than decreasing values until 2029. Among them, the segment Desktop PCs attains the highest value throughout the entire period, reaching *** U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of average revenue per user (ARPU) in the Philippines and a comparison of revenue in Belgium.The Statista Market Insights cover a broad range of additional markets.