The global laptop market was valued at approximately USD 172.62 billion in 2025 and is projected to grow at a CAGR of 2.30% during the forecast period of 2026–2035, reaching a value of USD 216.69 billion by 2035. The growth of the laptop market is being driven by factors such as increasing demand for high-performance systems, enhanced internet connectivity, and advanced features. As consumer preferences continue to evolve, laptops are becoming more powerful, portable, and feature-rich, catering to a broad range of needs—from casual use to gaming and professional applications.Key Drivers of Market Growth
Increasing Demand for High System Performance
As users require more powerful devices to perform complex tasks, the demand for high-performance laptops is increasing. Many consumers and professionals are looking for laptops that can handle resource-intensive applications, such as video editing, gaming, graphic design, and software development. The increasing availability of multi-core processors, fast SSDs, and high-end graphic cards is helping meet these demands, boosting the market for performance-driven laptops.
Gaming laptops, in particular, have seen a surge in popularity, driven by advances in GPU (graphics processing unit) technology and the growing esports and gaming communities. These laptops offer advanced features like high-refresh-rate displays, superior graphics capabilities, and optimized cooling systems, making them ideal for both casual and competitive gamers.
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Growing Importance of Connectivity
The increasing reliance on internet connectivity for work, entertainment, and education has made high-speed connectivity a key factor driving the laptop market. As more people engage in remote work, virtual meetings, online learning, and cloud-based applications, laptops that offer stable and fast internet connections have become essential.
Wi-Fi 6 (the latest Wi-Fi standard) and the integration of 5G technology are helping laptops achieve faster and more reliable internet connections, ensuring a smooth user experience. The growing trend toward hybrid and remote work further emphasizes the need for high-speed internet connectivity, and laptop manufacturers are focusing on integrating the latest connectivity technologies into their devices.
Demand for Portability and Design
Portability remains a significant driver in the laptop market, with consumers increasingly seeking lightweight and sleek devices that do not compromise on performance. Ultraportable laptops, including ultrabooks and convertible 2-in-1 laptops, are gaining popularity among business professionals, students, and frequent travelers due to their lightweight design and versatility.
In addition to portability, design is playing a crucial role in purchasing decisions. Consumers are looking for laptops with aesthetically pleasing designs, premium materials, and high-resolution displays. The emphasis on slim and stylish designs, coupled with powerful features, has led to the success of brands offering sleek, lightweight devices without sacrificing functionality.