Overall Laptop Market Will be Increasingly Driven by the 2-in-1 Product Category Until the Middle of the Next Decade
SAN FRANCISCO, May 6, 2019 /PRNewswire/ -- The global laptop market size is anticipated to reach USD 108.91 billion by 2025, according to a study by Grand View Research, Inc., progressing at a CAGR of 0.4% during the forecast period. Increasing urbanization and growing spending capacities of consumers belonging to middle and upper-middle classes, coupled with evolving lifestyles, are projected to help the global market gain significant momentum over the coming years. Key suggestions from the report: The 2-in-1 laptop segment is anticipated to exhibit the highest CAGR over the forecast period. This can be attributed to growing demand for lightweight and technologically-advanced laptops The 13" to 14.9" screen size segment is projected to expand at a CAGR exceeding 0.5% in terms of value over the same period as these laptops are ideal for diverse applications such as personal, gaming, and business The USD 501-USD 1,000 segment accounted for a significant market share