United States Laptop Market Size, Share, and COVID-19 Impact Analysis, By Type (Traditional Laptop, 2-in-1 Laptop), By Application (Personal, Gaming, Business), and United States Laptop Market Insights Forecasts to 2033

Industry: Semiconductors & Electronics

RELEASE DATE Jan 2024
REPORT ID SI3394
PAGES 200
REPORT FORMAT PathSoft

United States Laptop Market Insights Forecasts to 2033

  • The United States Laptop Market Size was valued at USD 19.03 Billion in 2023.
  • The Market Size is Growing at a CAGR of 1.89% from 2023 to 2033.
  • The United States Laptop Market Size is Expected to Reach USD 22.94 Billion by 2033.

 

United States Laptop Market

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The United States Laptop Market Size is expected to reach USD 22.94 Billion by 2033, at a CAGR of 1.89% during the forecast period 2023 to 2033.

 

Market Overview

A laptop, in its most basic form, is a portable computer designed to be carried and used on the go. It is a small, self-contained computer that incorporates every necessary part of a desktop computer into a single, portable unit. It is an essential component of contemporary life, having multiple uses ranging from communication and entertainment to work and education. It consists of a keyboard, a display screen, a CPU, RAM, storage (typically in the form of a hard drive or solid-state drive), and a pointing device like a touchpad or mouse. Furthermore, the significant growth of the information technology (IT) sector in United States is one of the main factors contributing to a positive market growth. As digital convergence increases, high-performance laptops are becoming more and more essential in some industries, including education, manufacturing, automotive, and healthcare. Businesses are embracing bring-your-own-device (BYOD) trends to simplify operations, which is driving up market demand. The United States market is also impacted by the growing popularity of high-speed internet and the rising need for multipurpose laptops. The expansion of the United States laptop market is mostly driven by an increase in consumer demand and an increase in the use of laptops in educational institutions.

 

Report Coverage

This research report categorizes the market for United States laptop market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States laptop market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the United States laptop market.

 

United States Laptop Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 19.03 Billion
Forecast Period:2023-2033
Forecast Period 2023-2033 CAGR:1.89%
2033 Value Projection:USD 22.94 Billion
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, By Application and COVID-19 Impact Analysis.
Companies Covered:Razer Inc., Apple, HP, Dell, Alienware, Google, Microsoft, Origin PC Corp and Other Key Vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

Businesses are increasingly relying on laptop computers to ensure that employees can effectively collaborate, attend virtual meetings, and access cloud-based applications from home or other remote locations. Organizations are now investing in laptops with strong security features and seamless connectivity to safeguard confidential data due to this change like work. In response to this need, the laptop market is offering models with premium webcams, noise-cancelling microphones, and long-lasting ergonomic designs. With many industries adopting remote work as a standard practice, laptops will continue to be an essential tool for sustaining connectivity and productivity. Furthermore, during the projected period, the corporate sectors growing demand is anticipated to offer profitable prospects for market expansion.

 

Restraining Factors

The growing popularity of smartphones and tablets is reducing demand for laptops. Customers are favoring smartphones over PCs because of their advantages in terms of size without sacrificing much in the way of apps.

 

Market Segment

  • In 2023, the traditional laptop segment accounted for the largest revenue share over the forecast period.

Based on the type, the United States laptop market is segmented into traditional laptop, and 2-in-1 laptop. Among these, the traditional laptop segment has the largest revenue share over the forecast period. Traditional laptops provide a good balance of performance and portability, making them appropriate for a wide range of users. Since they offer a familiar computing experience with a physical keyboard, standard screen size, and a variety of connectivity options, these laptops are popular among professionals, students, and casual users alike. In addition, conventional laptops have been developed to match the needs of contemporary workflows, integrating innovations like better processors, longer battery lives, and stronger graphics capabilities.

 

  • In 2023, the business segment accounted for the largest revenue share over the forecast period.

On the basis of application, the United States laptop market is segmented into personal, gaming, and business. Among these, the business segment has the largest revenue share over the forecast period. During the COVID-19 pandemic the work-from-home model is used. As a result, companies bought laptops so that workers could work from home. Furthermore, since more people are buying laptops that can be used for both work and play, the BYOD trends have also helped increase the use of business laptops among consumers.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States laptop market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Razer Inc.
  • Apple
  • HP
  • Dell
  • Alienware
  • Google
  • Microsoft
  • Origin PC Corp
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Development

  • On October 2023, Apple introduced the M3, M3 Pro, and M3 Max—the brand-new M3 chip family—as part of their updated MacBook Pro lineup. With a faster CPU and next-generation GPU architecture, the M3 family gives the MacBook Pro even more performance and amazing new features.

 

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the United States laptop market based on the below-mentioned segments:

 

United States Laptop Market, By Type

  • Traditional Laptop
  • 2-in-1 Laptop

 

United States Laptop Market, By Application

  • Personal
  • Gaming
  • Business

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