The Indian laptop market size is projected to grow at a CAGR of 6.7% between 2023 and 2028 -

PRESS RELEASE

Published on February 27, 2023

The ‘India laptop market sharePrice, Trends, Growth, Size, Report and Forecast 2023-2028′ by Expert Market Research provides a comprehensive outlook of the Indian laptop market and evaluates the market on the basis of its segments such as product types, designs, screen sizes, prices, end-uses and major regions .

The report examines the latest updates in the market along with their impact on the overall market. It also analyzes market demand along with its price and demand indicators. The report also tracks the market based on SWOT and Porter’s Five Forces models.

India Laptop Market Size, Share, Trends, Industry Report, Major Players, Key Segments and Forecast

Key highlights of the report include:

Market overview (2018-2028)

• Historical market size (2022): More than 5.5 billion USD
• Forecast CAGR (2023-2028): 6.7%
• Forecast market size (2028): around USD 8.1 billion

Laptop sales are being driven by the growing young population in India as the devices are widely used for education and employment for students and professionals.

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The expansion of the Indian laptop market is anticipated to spread during the forecast period owing to the increasing number of market players and the development of advanced technologies by key players to improve laptop affordability.

The market growth is attributed to the increasing penetration of the Internet, which is driving the use of laptops for online education, remote work, and online shopping. The increasing purchasing power of the emerging middle class and the rise of numerous small and medium-sized enterprises and start-ups are also likely to offer lucrative growth opportunities for the demand of the Indian laptop market in the coming years.

Definition of laptop market in India and main segments

A laptop is a portable computing device that is used for multiple tasks. It can be used in a variety of contexts, including education, web browsing, work, gaming, regular home computing, and entertainment. Laptops come in a variety of sizes and computing power.

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Based on product type, the Indian laptop market can be segmented into:

• Traditional
• 2 in 1

Based on design, the market is segmented into:

• Ultrabooks
• Notebook
• Other

The market can be segmented based on screen size into:

• Up to 10.9″ inches
• 11″ to 12.9″ inches
• 13″ to 14.9″ inches
• 15.0″ to 16.9″ inches
• More than 17″ inches

Based on price, the market is categorized into:

• Less than INR 40,000
• INR40,000 to INR80,000
• More than INR 80,000

By end use, the market is segmented into:

• Personal
• Business
• Play
• Other

The regional markets for the Indian Laptop Market include:

• North India
• East Indies
• West Indies
• South India

India laptop market trends

The Indian laptop market is growing due to the increasing demand for the device for personal and business use. Factors such as the increasing popularity of e-learning and the increasing trend towards remote working, especially after the COVID-19 pandemic, are also driving demand for laptops. Additionally, the increasing adoption of a hybrid work culture by large corporations is fueling the expansion of the Indian laptop market.

Government programs such as Digital India and Skill India, which aim to boost digital literacy and access to education and the workforce, are driving the use of laptops and other digital devices. Also, with the increasing trend of digitization in various industries, the demand for laptops for various applications such as office automation, data analysis, and digital marketing among others is likely to increase.

In the Indian laptop market, the notebook segment is expected to take a significant share due to the growing preference for slim, light and slimmer variants of laptops.

Important market participants

Major players covered in India Laptop Market Report include:

• Lenovo Group Limited
• Dell Inc.
• HP Development Company LP
• HCL Technologies Limited
• ASUSTeK Computer Inc.
• Apple Inc.
• Acer Inc.
• Samsung Electronics Co.,Ltd.
• Micromax informatics
• Lava International Limited
• Other

The report covers the market shares, capacities, asset turnover, expansions, investments and mergers and acquisitions among other latest developments of these market players.