What Has Been the Growth of the Personal Computers Market So Far?
The personal computers market has seen considerable growth due to a variety of factors.
• There has been a consistent expansion in the size of the personal computers market in the last few years. The market value is projected to rise from $73.34 billion in 2024 to $75.97 billion in 2025, observing a compound annual growth rate (CAGR) of 3.6%.
The growth witnessed in the earlier period can be credited to factors such as technological progress, usage in business and personal contexts, operating systems development, along with gaming and entertainment sectors.
How Will the Personal Computers Market?
The personal computers market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of personal computers is anticipated to witness consistent expansion in the upcoming years, reaching a value of $86.95 billion in 2029 with a 3.4% Compound Annual Growth Rate (CAGR). Factors contributing to this growth during the forecast period incorporate remote work and learning, hybrid work constructs, gaming and creative content production, IoT, and smart homes. Key upcoming trends during this forecast period are remote working and learning, the development of chromebooks, gaming pcs, hybrid work frameworks, and custom-built pcs.
Which Factors Are Boosting Growth In The Personal Computers Market?
The anticipated expansion of the personal computers market in the forecast period is likely to be driven by the increasing use of the internet. There's a global increase of over 7% each year in the number of internet users, with the average worldwide user spending more than 6 hours and 42 minutes online each day. A majority of the internet users from the world's large economies access the internet through desktops and laptops. A 2024 report generated by the Pew Research Center, an impartial American think tank, revealed that the rate of internet usage among U.S. adults had increased from 93% in 2021 to 95% in 2023. Hence, the growth of the personal computer market is fueled by the rising penetration of the internet.
What Key Areas Define The Segmentation Of The Global Personal Computers Market?
The personal computers market covered in this report is segmented –
1) By Product Type: Desktop, Notebook, Workstation, Other Product Types
2) By Distribution Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)
3) By Application: Consumer, Commercial, Industrial
Subsegments:
1) By Desktop: Tower Desktop, All-in-One Desktop, Mini Desktop
2) By Notebook: Laptop, Ultrabook, Gaming Laptop, Chromebooks
3) By Workstation: Rackmount Workstation, Tower Workstation
4) By Other Product Types: Netbooks, Convertible PCs (2-in-1 laptops)
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How Are New Trends Impacting The Size Of The Personal Computers Market?
Leading firms in the personal computer market are prioritizing the development and production of intelligent personal computers to take advantage of AI capabilities and enhance efficiency, ingenuity, and user interactions in hybrid work settings. AI personal computers, equipped with complex AI technology, are designed to augment user functionality and experience. These machines utilize AI algorithms and machine learning techniques to automate work, provide smart assistance, and maximize overall efficiency. For example, in March 2024, HP Inc., a computer hardware company based in the US, introduced the HP Elite and Pro PCs. These new models, fuelled by either Intel Core ultra 5 and 7 processors or next-gen AMD Ryzen PRO processors, are equipped with standalone neural processing units (NPUs) for superior AI performance and custom computing experiences. They employ smart usage optimization to automatically adjust performance and power usage based on user actions, guaranteeing efficiency for a range of tasks. Moreover, they have enhanced audio capabilities for improved communication during video conferences and help maintain concentration during video meetings. HP’s dedication to technological advancement is evident in its wide array of Intel® and AMD-powered AI PCs, offering high-performance solutions for users.
Who Are the Key Players In The Personal Computers Market?
Major companies operating in the personal computers market include:
• Dell Inc.
• The Hewlett-Packard Company
• Lenovo Group Limited
• Acer Inc.
• Apple Inc.
• AsusTek Computer Inc.
• Samsung Corporation
• Microsoft Corporation
• Alienware
• Micro-Star International Co Ltd.
• NEC Corporation
• Sony Corporation
• Fujitsu Limited
• Aopen Inc.
• Aorus
• Clevo Computer
• Compal Electronics Inc.
• CyberPowerPC Inc.
• DFI
• Digital Storm
• Dynabook Inc.
• Elitegroup Computer Systems Co Ltd.
• Seiko Epson Corporation
• Falcon Northwest
• Founder Technology Group Co Ltd.
• Foxconn Technology Group
• Framework Computer Inc.
• Gigabyte Technology Co Ltd.
• Google LLC
• Gradiente Infotainment Ltd.
• Groupe Bull
• Grundig
• Hasee Computer Company Ltd.
• Technologies Limited
• Hisense
What Is The Most Dominant Region In The Personal Computers Market?
Asia-Pacific was the largest region in the personal computers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the personal computers market report during the forecast period. The regions covered in the personal computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
