Global Personal Computers Market: Sustained Growth Driven by Internet Penetration
Personal Computers Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
The Business Research Company's Personal Computers Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
LANDON, GREATER LANDON, UK, December 11, 2023 /EINPresswire.com/ -- The global personal computers market exhibits a robust growth trajectory, with the market size anticipated to increase from $200.59 billion in 2022 to $214.06 billion in 2023, reflecting a compound annual growth rate (CAGR) of 6.7%. Over the forecast period, the market is poised to reach $267.07 billion by 2027, maintaining a CAGR of 5.7%.
Key Segments: Product Type, Distribution Channel, Application
1.Product Type: The personal computers market is segmented by Product Type into Desktop, Notebook, Workstation, and Other Product Types, offering a comprehensive view of the diverse personal computing devices available in the market.
2.Distribution Channel: Segmentation based on Distribution Channel includes Business-To-Business (B2B) and Business-To-Consumer (B2C), providing insights into the different channels through which personal computers are procured.
3.Application: The market is further classified by Application into Consumer, Commercial, and Industrial, capturing the varied applications and usage scenarios for personal computers.
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Market Dynamics: Internet Penetration Driving Growth
A primary driver of growth in the personal computers market is the increasing global internet penetration. With internet users growing at a rate exceeding 7% annually, and the average global internet user spending over 6 hours and 42 minutes online daily, personal computers remain a key medium for online access. More than three-quarters of the world's larger economies of internet users choose desktops and laptops for their online activities. Globally, over 4.66 billion people use the internet, constituting approximately 60% of the world's population. The continuous growth trend, with over 321 million new users joining the online community in the twelve months up to October 2020, underscores the significance of personal computers in facilitating internet access. The increasing internet penetration is expected to be a driving force for personal computers throughout the forecast period.
Major Players and Industry Participants
Key players contributing to the growth of the personal computers market include Dell, The Hewlett-Packard Company, Lenovo Group Limited, Acer Inc., Apple Inc., AsusTek Computer Inc., The Samsung Group, Microsoft Corporation, Alienware, Micro-Star International Co. Ltd, NEC Corporation, Sony Corporation, and Fujitsu Limited. These industry leaders play a pivotal role in shaping the personal computers market, offering a diverse range of computing solutions catering to various consumer needs.
Regional Insights: Asia-Pacific Leading Growth
In 2022, Asia-Pacific emerged as the largest region in the personal computers market, with the region expected to be the fastest-growing during the forecast period. The regions covered in the global personal computers market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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Personal Computers Global Market Report 2023 from TBRC covers the following information:
1. Market size date for the forecast period: Historical and Future
2. Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
3. Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Personal Computers Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on personal computers market size, personal computers market drivers and trends, personal computers market major players, competitors' revenues, market positioning, and market growth across geographies. The personal computers market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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