Laptops market seen hitting $257.4 billion by 2031

Allied Market Research forecasts the global laptops market will rise from $168.64 billion in 2021 to $257.4 billion by 2031, growing at a 4.4% annual rate. The report points to rising use in education, corporate BYOD programs and remote work as key demand drivers, with North America leading and Asia Pacific expected to post the fastest growth. Why it matters: - The laptops market is projected to add nearly $89 billion in value by 2031. - Demand remains tied to work, school, gaming and content creation, making laptops a core personal computing category. - Growth in education, corporate device policies and remote work continues to support long-term sales. What happened: - Allied Market Research said the laptops market was valued at $168.64 billion in 2021. - The market is expected to reach $257.4 billion by 2031. - The forecast implies a 4.4% CAGR from 2022 to 2031. - The report was published in Wilmington, Delaware, on June 15, 2026. - The report includes a sample request at Request Sample Report . The details: - Traditional laptops held the largest market share by type in 2021. - The 15.0-inch to 16.9-inch screen-size segment generated the highest revenue in 2021. - The “others” design segment generated the highest revenue in 2021. - The personal end-user segment generated the highest revenue in 2021. - North America generated the highest revenue in 2021 and is expected to keep the lead through the forecast period. - Asia Pacific is expected to post significant growth as work-from-home and online learning habits expand laptop use. - High-performance laptops are used for 3D rendering, coding, graphic design, and audio and video editing. - Laptops are more portable and generally more affordable than desktop PCs. - Smart batteries are helping extend operating time by regulating voltage and current more effectively. - The report says smartphones and tablets are limiting laptop growth to some extent. - Corporate demand is expected to create additional opportunities over the forecast period. Between the lines: - BYOD adoption is pushing more companies toward laptops as standard work devices. - COVID-19 accelerated laptop adoption, but the technology sector absorbed the shock better than many other industries. - Lockdowns sped up adoption of laptops and PCs as businesses shifted operations online. - Acer partnered with Dixon Technologies in 2021 to manufacture laptops in Dixon’s facility, with capacity of up to 500,000 Acer laptops annually. - The company list shows a market led by major global PC brands, signaling intense competition and steady consolidation. What’s next: - The market’s next phase will likely hinge on education buying cycles, enterprise refresh demand and continued remote-work habits. - Asia Pacific’s growth trajectory suggests the biggest expansion may come from markets where digital learning and hybrid work keep spreading. - Manufacturers are likely to keep investing in battery life, portability and performance to defend share. The bottom line: - Laptops remain a mature but still growing market, with replacement demand and new use cases keeping the category on track for steady expansion.