Gaming Laptop Market Analysis, Industry Trends, Forecast, Opportunities, Competitive Landscape, Future Prospects and Impact of COVID

Market Highlights

The Gaming Laptop Market Share was valued at USD 9 billion in 2019 and is projected to reach USD 15.58 billion by 2027, expanding at a CAGR of 7.1% during the forecast period, 2020 – 2027. The rising disposable income of people is expected to drive the overall market growth of the global gaming laptop market.

Gaming laptops are specifically built to provide the best gaming experience by allowing gamers to play games in high resolutions and advanced graphic settings at constant frames per second. Gaming laptops are very good at rendering 2D and 3D content owing to higher RAM and a faster processor when compared with conventional laptops. They also feature high storage capacity and enhanced graphics processing units.

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Segmentation:

Based on product types, the market is segmented into i7, i5, and others. Among these segments, the i7 segment accounted for a substantial market share in 2019 and is anticipated to grow with a substantial CAGR during the forecast period. The expected growth can be attributed to the extensive need for fast processors in gaming laptops in various end-uses.

Based on end-users, the market is segmented into, Casual Gamers, Hardcore Gamers, and Professional Gamers. Among these segments, the professional gamers segment is anticipated to register a substantial market share during the forecast period.

In terms of applications, the Gaming Laptop market is divided into, Household Use, Commercial Use, and Others. The household use segment for a substantial amount of market share in 2019. However, the commercial use segment is projected to expand with a substantial CAGR during the forecast period.

Based on the price range, the global gaming laptop market is divided into, Entry-Level Laptops, Mid-Range Laptops, and High-End Laptops. The mid-range laptops segment is expected to expand with an impressive CAGR during the forecast period.

The market is fragmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in the Asia Pacific is also anticipated to grow with a substantial CAGR, owing to the presence of a rapidly developing gaming culture. Moreover, increasing demand for new laptops in countries such as India and China is likely to emerge as the fastest-growing market globally.

Regional Overview:

The Gaming Laptop Market Sizes studied for the Asia Pacific, North America, Europe, and Rest of the World. It has been observed that the North American region accounts for the largest share in the global gaming laptop market.

Further, the growth of the gaming market in the region is due to the increased spending capability of the population and an increase in the number of hardcore gamers in countries such as Brazil and Mexico. APAC market is expected to be the fastest-growing due to major laptop manufacturing players from developing nations such as China, Taiwan, South Korea, and India.

Industry News:

• March 2021 – KRAFTON, a South Korean video game holding company, invested INR 164 Crore in Indian esports solutions company NODWIN Gaming. The funding will enable NODWIN to strengthen gaming infrastructures, support talent and technology, and organize a multitude of tournament IPs at a national and international level.
• July 2021 – Playboy Enterprises (PLBY Group, Inc.), a leading pleasure and leisure lifestyle company, and Gaming Technologies, Inc. (Gametech), a software platform provider and owner of the Mexico-based regulated online sports and casino betting and gaming brand Vale, announced a partnership to bring a new Playboy-branded, real-money Rummy mobile game to the Indian market. This game is expected to launch in 2021.

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Gaming Laptop Market Research Report – information By End-Users (casual gamers, hardcore gamers, and professional gamers, others), by Components (RAM size, storage, graphic cards, display size, peripherals, and processors) – Forecast till 2027

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