Computer Market by Product and Geography - Forecast and Analysis 2022-2026

The computer market share is expected to increase by USD 209.41 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.68%.

This computer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers computer market segmentation by product (laptop, desktop, and tablet) and geography (APAC, North America, Europe, South America, and MEA). The computer market report also offers information on several market vendors, including Acer Inc., Apple Inc., ASUSTeK Computer Inc., Dell Technologies Inc., HP Inc., Lenovo Group Ltd., Micro Star International Co. Ltd., Microsoft Corp., Samsung Electronics Co. Ltd., and Toshiba Corp. among others.

What will the Computer Market Size be During the Forecast Period?

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Computer Market: Key Drivers and Challenges

The increasing use of laptops in educational institutions is notably driving the computer market growth, although factors such as inadequate cybersecurity measures may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the computer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Computer Market Driver

Educational institutions such as schools and universities are adopting laptops in their classrooms owing to factors such as low costs, wireless access, and convenience. Laptops help students with taking notes, collaborating with other students, writing and editing options, organizing assignments and assessments, and interactive learning. Several schools are adopting virtual technologies and providing online courses that allow students to learn at their convenience. All these factors are leading to an increase in the demand for laptops, which is driving the market. Numerous educational institutions across the world are adopting laptops to improve the efficiency of teachers and to help students with their learning. Hence, the increasing use of laptops in educational institutions will accelerate the sales of laptops during the forecast period. 

Key Computer Market Challenge

One of the key challenges affecting the growth of the global computer market is cybersecurity. With the increased digitization of education, the threats related to information security, unwarranted access, and student data privacy have increased. The key reasons for the vulnerability of the educational sector to cyberattacks include the availability of valuable user and organizational data, the lack of a centralized structure for data storage, and the unregulated use of personal digital devices. The major sources of cybersecurity threats to educational content include malware or viruses such as 'WannaCry' through social media, the virtualization of systems, and the consumerization of IT. Hence, the inadequacy of the cybersecurity measures adopted by educational institutions and individual learners is expected to hamper the growth of the computer market during the forecast period. 

This computer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Computer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

• Acer Inc.
• Apple Inc.
• ASUSTeK Computer Inc.
• Dell Technologies Inc.
• HP Inc.
• Lenovo Group Ltd.
• Micro Star International Co. Ltd.
• Microsoft Corp.
• Samsung Electronics Co. Ltd.
• Toshiba Corp.

This statistical study of the computer market encompasses successful business strategies deployed by the key vendors. The computer market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The computer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Computer Market?

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38% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for computers in APAC. Market growth in this region will be faster than the growth of the market in MEA, North America, and South America.

The increasing demand for computers in various sectors such as healthcare, education, entertainment, and other industries will facilitate the computer market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Computer Market?

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The computer market share growth by the laptop segment will be significant during the forecast period. The major advantage of using a laptop is the high level of mobility offered by these portable devices. The mobility offered by laptops is preferred by most individual students. Thus, the increase in the use of laptops in various sectors, such as healthcare, corporate, and education, will enhance the growth of the market during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the computer market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Computer Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive computer market growth during the next five years
• Precise estimation of the computer market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the computer industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of computer market vendors

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