Laptop Market Size, Share, Growth Analysis, By Type (Traditional, 2-in-1), By Screen Size, By Price range, By Offering, By End Use, By Distribution Channel, By Region - Industry Forecast 2025-2032

In 2023, North America led the market with a share of 28.5%. The headquarters of major laptop producers Apple Inc., Dell Inc., and HP Development Company, L.P. reside here, making advanced goods easily accessible to the local masses. High GDP per capita and fully established internet infrastructures are also factors behind the high uptake of laptops in the region. Another growth-inducing factor is the enhanced measures of the U.S. government for the betterment of the ecosystem for consumer electronics. Along with being the home of significant laptop manufacturers, such efforts are fueling the increasing demand and driving the growth of the market in the U.S. For instance, in July 2022, Congress passed the CHIPS Act of 2022. The law aimed to fortify domestic semiconductor design, research, and manufacturing to build the supply chain for U.S.-made semiconductor chips and enhance economic and national security.

Ranked second in regional growth, Europe is projected to grow at a CAGR of 6.69%. Mass efforts of the government to increase digitization in the European sector of education have immensely led to expanding this market. One of the instances that was given is the April 2023 tender for the purchase tender for computers amounting to 363,035 units issued by the Polish Ministry of Digitization for fourth-grade school children in the year 2023. The order will be divided into 73. This investment worth approximately USD 232 million will be financed from the National Recovery Plan. European governments, including the UK government, have led digitization in the education sector across European countries. The UK government, for instance, announced in January 2021 its plan to gift 300,000 tablets and laptops in support of home learning for youth and disadvantaged children as part of the Get Help with Technology Program 2022 set to reach up to 1.3 million disadvantageous youth. Such changes are predicted to fuel further growth in laptop sales within the UK over the projection period.