India Laptop Market outlook
According to the report by Expert Market Research (EMR), the India laptop market size reached a value of USD 6.28 billion in 2023. Aided by the increasing demand for portable computing devices and the growing applications of laptops in various sectors, the market is projected to further grow at a CAGR of 4.2% between 2024 and 2032 to reach a value of around INR 10.02 billion by 2032.
Laptops are portable personal computers that combine the functionality of a desktop with the convenience of mobility. They are essential devices for professionals, students, and home users, enabling activities such as work, study, entertainment, and communication. The robust growth of the laptop market in India is primarily driven by the rising adoption of remote working and online education, increasing disposable incomes, and the expanding applications of laptops in various sectors.
With the growing reliance on digital platforms for work and study, there has been a significant shift towards laptops that offer superior performance, longer battery life, and enhanced portability. Additionally, the rising trend of digitalization and smart workplaces has further contributed to the increasing popularity of laptops as essential tools for productivity and connectivity. The increasing consumer preference for high-performance and lightweight laptops is driving the India laptop market growth.
The expanding applications of laptops in various sectors also play a significant role in propelling the market. In the education sector, laptops are used for online learning, research, and digital assignments, providing students with access to a wide range of educational resources. The corporate sector utilises laptops for remote working, virtual meetings, and business presentations, enabling professionals to work efficiently from anywhere. Moreover, the entertainment industry relies on laptops for streaming media, gaming, and content creation, catering to the diverse needs of consumers.
The increasing adoption of remote working and online education is a major driver of the market. Laptops provide the necessary tools for remote productivity and learning, making them essential devices in the current digital landscape.
Continuous advancements in laptop technology, including improvements in processing power, battery life, and connectivity, are propelling the market. Innovations such as ultrathin designs, high-resolution displays, and advanced cooling systems are enhancing the performance and appeal of laptops, consequently driving up the India laptop market share.
The rise in disposable incomes and the growing middle-class population are driving the demand for laptops. Higher spending power enables consumers to invest in high-performance and premium laptops, boosting market growth.
The trend towards lightweight and portable laptops is gaining momentum. Consumers are increasingly opting for ultrabooks and 2-in-1 laptops that offer high performance and portability, catering to the needs of on-the-go professionals and students.
The increasing popularity of gaming and e-sports is driving the demand for gaming laptops. These high-performance devices offer powerful processors, graphics cards, and advanced cooling systems, catering to the needs of gamers and content creators.
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The trend towards sustainability and eco-friendly products is gaining traction in the laptop market. Manufacturers are focusing on reducing the environmental impact of their products through energy-efficient designs, recyclable materials, and sustainable production practices.
As per the India laptop market analysis, North India is a significant market driven by high population density and increasing urbanisation, with cities like Delhi and Chandigarh leading the demand. South India is known for its strong IT sector and educational institutions, with cities like Bangalore and Chennai being key markets.
East India is a growing market with increasing awareness of digital tools and investment in technology infrastructure, with cities like Kolkata being major hubs. West India is leading the market with a focus on technological advancements and high disposable incomes, with cities like Mumbai and Pune being major contributors.
India Laptop Market Segmentation
The market can be divided based on product type, design, screen size, price, end use, and region
Market Breakup by Product Type
- Traditional
- 2-in-1
Material Breakup by Design
- Ultrabook
- Notebook
- Others
Market Breakup by Screen Size
- Up to 10.9″ Inch
- 11″ to 12.9″ Inch
- 13″ to 14.9″ Inch
- 0″ to 16.9″ Inch
- More than 17″ Inch
Market Breakup by Price
- Less than INR 40,000
- INR 40,000 to INR 80,000
- More than INR 80,000
Market Breakup by End Use
- Personal
- Business
- Gaming
- Others
Market Breakup by Region
- North India
- South India
- East India
- West India
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the India laptop market. Some of the major players explored in the report by expert market research are as follows:
- Lenovo Group Limited
- Dell Inc.
- HP Development Company, L.P.
- HCL Technologies Limited
- ASUSTeK Computer Inc.
- Apple Inc.
- Acer Inc.
- Samsung Electronics Co., Ltd.
- Micromax Informatics
- Lava International Limited
- Others
