23 October 2019
Visiongain has launched a new Consumer Electronics Report Laptop Market Report 2019-2029 Forecasts by End-use (Personal, Business, Gaming), Price (Upto 500 USD, USD 501 to 1000 USD, USD 1001 to USD 1500, Above USD 1500), Type (Traditional, 2-in-1 Laptop) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
The global Laptop market is expected to grow at a lucrative rate during the forecast period with the development of high performance, ultra-portable laptops. These advanced are becoming increasing popular among young consumers for academic and business purposes. However, the laptop market is greatly threatened by increasing adoption of tablets and smart devices which can satisfy most consumers’ everyday needs including checking social media and shopping online. Some of the value propositions of the company include longer battery life catering to both entertainment and work, and are light and easy to carry.
Factors such as technological advancements, rapid economic growth and increasing urbanization, economic growth and increasing purchasing power parity are driving the growth of the global laptop market.
In the past decade, the laptop market has highly been segmented into age groups and application with each little or application among the products for specific application. Companies must focus on weight and processing capability to quickly perform various operations including assortment of daily tasks, including word processing, spreadsheets, presentations, and web research for business applications. Laptop for these application must be light enough to easily take to meetings and conferences across the country (or around the world), while also performing under pressure and maintaining battery life. However, for gaming applications companies must focus on integration of high efficient processors such as Intel ninth-generation processor, high-speed chips, architectural graphics and ultra-thin body structure.
Some of the major players operating in the global laptop market are Acer Inc., Apple Inc., ASUSTeK Computer Inc., Dell, Lenovo, Micro-Star International Co., Ltd. (MSI), Microsoft, Razer Inc, and Samsung Electronics Co., Ltd. Key players are focusing on new product launches, promotions, and strategic alliances in order to expand their portfolio and strengthen their position in the market. The Laptop market is a highly competitive market with only few dominant players.
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