Market Research Report (MRFR) has revealed in its latest report on Global 2 in 1 laptops market that the market will grow tremendously at a robust CAGR of 17.4% from 2017 to 2022. According to the report, the market will value at USD 5.4 Bn by the end of 2022. The decline in the sales of tablets has fueled the growth of the detachable laptops market.
The 2 in 1 laptops offer the convenience of tablets coupled with highly efficient computing software is a crucial factor responsible for catapulting the demand in the market. Other factors responsible for the growth of the market are Bring Your Own Device (BYOD) concept, the introduction of next-gen technologies, advancements in display technology, user-friendly features, mobility, lightweight, mobile OS compatibility, etc. Moreover, accelerating rate of investment in research development, the establishment of corporate houses, etc. are the prominent factors affecting the global market in a positive way.
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The top-notch market players profiled by MRFR in its latest report are Samsung Electronics Co Ltd; AsusTek Computer, Inc; Dell Technologies; Microsoft Corporation; Sony Corporation; Acer Inc; HP Inc; Dell Technologies; Lenovo Group Limited; and Toshiba Corporation. The prominent players are endeavoring to gain more market share by availing of opportunities such as adoption of next-gen technology, investments in research development, mergers acquisitions, collaborations, innovation, etc.
By product, the 2 in 1 laptop market has been segmented into screen size 10.1 inches, screen size 13.3 inches, screen size 14.0 inches, and, screen size 15.6 inches. The screen size 13.3 inches segment which was valued at USD 369.5 Mn in 2016 will dominate the market, and the market valuation is expected to reach USD 756.2 Mn in 2022.
By end user/application, the global market for 2 in 1 laptops has been segmented into personal, and commercial. The commercial segment will account for maximum share of the market with its market valuation reaching USD 3255.5 Mn in 2022 from USD 1502.4 Mn in 2016.
The North America market will exhibit dominance over the global market owing to factors such as; growing adoption of cloud technology and connected space, making it easy for the consumers to detach the laptop at one application and use it for another application. Rugged detachable laptops for security, manufacturing, police, fire, and many enterprise professionals has witnessed booming demand which is one of the key drivers of the market. Other factors responsible for the expansion of market in this region are large-scale market penetration, urbanization, industrialization, etc. Japan accounts for major proportion of share in the market in Asia Pacific market owing to the ubiquitous presence of key players and manufacturers of semiconductors and electronic components. Japan is a leading exporter of detachable laptops. The increased penetration of 2 in 1 laptops into the educational sector is one of the major factors responsible for fueling the market growth. The Europe market will demonstrate an upward trend with respect to expansion of the market owing to factors such as the increased concentration of corporate houses, growing demand for 2 in 2 laptops, etc. Middle East Africa market will also witness acceleration in consumer demand.
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