Market Scenario
According to MRFR, the global 2-in-1 laptop market is slated to reach USD 5.4 billion at a 17.4% CAGR over the review period (2017-2022).
Market Synopsis
The global 2-in1 laptop market is expected to experience tremendous future growth. Factors like the high demand from the main companies for personal computing devices and strong investment in the R&D sector are boosting the industry. Enterprises play an essential role in the development of the industry as more and more businesses change their technical characteristics from conventional to new. BYOD concept is one of the major factors that support the growth of the 2 in 1 Laptops Market. With the decline in the consumer market of the traditional tablet, the business market is seeing remarkable growth in the adoption of detachable notebooks or 2-in-1 laptops. The only optimistic annual growth rate in the personal computer market is the detachable notebooks that are much higher than desktop computers and workstations, conventional laptops and conventional tablets (without a keyboard), and this growth rate continues to rise dramatically in the near future. Certain factors responsible for market growth include the idea of Bring Your Own Device (BYOD), the introduction of next-gen innovations, developments in display technology, user-friendly features, usability, lightweight, compatibility with mobile OS, etc. In addition, the accelerated rate of investment in research and development, the establishment of corporate houses, etc., are the key factors affecting the global market in a positive way.
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Key Players
The prominent players in 2-in1 laptop are – Dell, Inc. (U.S.), Apple Inc. (U.S.), Microsoft Corporation (U.S.), Samsung Group (South Korea), Sony Corporation (Japan), HP (U.S.), Lenovo Group Ltd. (U.S.), Acer Inc. (Taiwan), AsusTek Computer Inc. (Taiwan), Toshiba Corporation (Japan) and Razer, Inc. (U.S.), among others.
Market Segmentation
Depending on the screen size the market is classified as product type. The 2 – in – 1 laptops normally come in screen sizes ranging from 10 to 16 inches. Many of the special purpose and specialized equipment come in either the smaller size or the larger size. Screen size is a major factor influencing resolution and display quality, compactness, and use of batteries. By product: a screen size of 13.3 inches led the 2-in-1 laptop market and was valued at 369.5 million in 2016. In 2022 the segment is expected to reach USD 756.2 million. With the increase in technology, the 2 – in – 1 laptop becomes popular every day. Consequently, it keeps much of the application in personal use, corporate use, manufacturing units, hotels and restaurants, education and much more. Those are categorized into personal and commercial applications which include all the end users listed above. By application / end user: the demand for 2 – in – 1 laptops was industry-led in 2016 with a demand value of USD 1502.4 million and is forecast to hit 3255.5 million in 2022.
Regional Analysis
North America ‘s growth of detachable laptops includes factors such as; increasing adoption of cloud technology and connected space, making it possible for customers to detach and use the laptop for a different purpose. Another factor leading to the growth of detachable laptops is the increasing demand for rugged detachable laptops for security, manufacturing, police , fire and many business professionals.
In the detachable laptop segment Japan houses many of the main players. Japan is one of Asia Pacific’s most advanced countries and also houses many of the manufacturing companies for semiconductors and electronic components. The major factor driving Japan ‘s growth of detachable laptops is their use in schools, universities , and colleges. The majority of laptops worldwide are also exported from Japan.
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Intended Audience
- Technology investors
- Integrated device manufacturers (IDMs)
- Original equipment manufacturers (OEMs)
- Research/Consultancy firms
- Cloud solution provider
- System Integrators
- External Service Providers (ESPs)
- Consumers
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