The Launch of a New Laptop by Key Players has Bolstered the Global Laptop Market Growth

Published: Jul 2023

The global laptop market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The improved performance and enhanced capabilities of the new laptop are key factors behind the increased market growth. With faster processors, increased random access memory (RAM), and larger storage capacities, users are able to experience seamless multitasking, smoother graphics, and quicker access to their files and applications. This improved performance has attracted both including tech enthusiasts along with professionals and gamers who rely heavily on laptops for demanding tasks and high-performance gaming. The laptop market is constantly expanding due to increased disposable incomes, an ever-expanding internet infrastructure, and consumers' preference for advanced laptops regarding system performance and design. The market is further driven by the increasing consumer demand owing to the proliferation of better internet infrastructure, especially in the Asia Pacific region in countries like India and China. The recent launch of a new laptop by key players such as HP, Huawei, Gigabyte, and others has had a significant impact on boosting the growth of the global laptop market. For instance,

Browse the full report description of “Laptop Market Size, Share & Trends Analysis Report by Application (Corporate Offices, Gaming, Others) and by Size (Small/Mini Laptops, 13 to 14-inch Laptops, 15 to 16-inch Laptops, 17-inch and Above Laptops) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/laptop-market

? In April 2023, Gigabyte launched a new series of laptops featuring the powerful Nvidia RTX40 graphics card. These laptops are designed to deliver exceptional gaming and graphics performance to cater to the requirements of gamers and content creators. The inclusion of the Nvidia RTX40 graphics card provides advanced ray-tracing capabilities, real-time rendering, and improved overall visual quality. Gigabyte's new laptops aim to offer a high-performance gaming experience and support demanding creative tasks with their cutting-edge graphics technology.

? In April 2023, Huawei launched the MateBook D 16 and MateBook D 14 laptops 2023, offering a combination of performance and portability. The MateBook D 16 features a 16-inch display, while the MateBook D 14 has a 14-inch display, both delivering high-quality visuals. These laptops come with powerful processors and ample RAM for seamless multitasking. 

? In February 2023, Lenovo unveiled the IdeaPad Slim 1 Gen 7 laptop in India, featuring an AMD Ryzen 3 7320U processor, 8GB RAM, and 512GB SSD storage. It sports a 15.6-inch FHD display with a resolution of 1920x1080 and comes with an integrated 720p HD camera with a privacy shutter for added security. Running on Windows 11 Home Single Language 64, the laptop is available in Cloud Grey color, offering a powerful and stylish computing solution for users in India.

? In December 2022, Lenovo announced upgraded versions of its ThinkPad X1, IdeaPad Pro 5, and IdeaPad Slim 5 laptops just before CES 2023. The ThinkPad X1 now offers improved processing power, display options, and connectivity features for professionals.

Market Coverage

The market number available for – 2023-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Application

o By Size

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Includes HP Inc., Dell Technologies Inc., Lenovo Group Ltd., Apple Inc., Acer Inc., ASUSTek Computer Inc., among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Laptop Market Report Segment

By Application 

  • Corporate Offices
  • Gaming
  • Others (Educational Purpose, General-Purpose)

By Size

  • Small/Mini Laptops
  • 13 to 14-inch Laptops
  • 15 to 16-inch Laptops
  • 17-inch and Above Laptops

Global Laptop Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

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