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

Laptop Market size was valued at USD 221.98 Billion in 2023 and is poised to grow from USD 237.3 Billion in 2024 to USD 378.56 Billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032).

The laptop market is constantly evolving with expanded internet access and growth in disposable incomes, along with a preference among customers for high-end laptops in terms of design and system performance. More and more people are opting for laptops because of their improved hardware life and rising price-performance ratio, especially in emerging economies such as Brazil and India. High sales volume is being witnessed in the industry with significant demand for ultrathin body designs, high-speed graphic cards and gaming laptops. Increasing usage of the Internet in global markets fuels this growth. Internet and Mobile Association of India announced that 346 million Indians use the Internet for e-commerce, digital payments, and other online transactions, while 331 million Americans use the Internet for digital transactions. Large numbers of internet users have greatly contributed to the growth of the market for laptops. Global improvement in the internet infrastructure indirectly contributes to the expansion of the market. For instance, the internet market in Asia Pacific, which accommodates more than 60% of the world's population, is expanding at the greatest rate across the globe. With the fastest pace of e-commerce adoption, the region is expected to experience double-digit growth in e-commerce spending over the course of the forecast year. As a result, during the forecast period, the need for a communication device that can connect to the Internet is likely to have an immense effect on laptop sales.