Global Gaming Laptop Market to Reach USD 18,139.85 Million by 2031 | CAGR of 4.8%

Category : Semiconductor And Electronics | Published Date : Nov 2024 | Type : Press Release

Gaming Laptop Market Scope & Overview:

As per the Consegic Business Intelligence newly published report, the Gaming Laptop Market was valued at USD 12,507.29 Million in 2023 and is projected to reach USD 18,139.85 Million by 2031, growing at a CAGR of 4.8% from 2024 to 2031. A gaming laptop is a portable computer designed for high-end gaming, equipped to support advanced graphics, fast processing, and enhanced cooling systems. Beyond gaming, these laptops serve as versatile tools for content creation, programming, and video editing, with features like portability, high-quality displays, and connectivity options that appeal to a broad consumer base.

The report comprises the Gaming Laptop Market Share, Size & Industry Analysis, By RAM (8GB, 16GB, 32GB, Others), Refresh Rate (60Hz, 120Hz, 144Hz, 240Hz, 360Hz), Display Size (Up to 14-inch, Between 14-inch to 18-inch, Above 18-inch), Price Range (Budget Range, Mid-Range, Premium), Distribution Channel (Online, Retail Stores, Authorized Resellers and Distributors, Custom PC Builders, Enterprises), End Use (Professional Gamers, Content Creators, Programmers, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024-2031.

The report contains detailed information on Gaming Laptop Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.

The growing demand for high-performance gaming and video streaming is a key driver. Additionally, the rise in competitive gaming and eSports offers growth opportunities.

Segmental Analysis :

Based on RAM, the market includes 8GB, 16GB, 32GB, and other configurations.

  • 16GB dominated the market in 2023, valued for providing a balanced performance in high-demand gaming and multitasking applications.
  • 32GB is projected to grow at the fastest CAGR, appealing to professional gamers and content creators who require additional memory for complex tasks.

Based on refresh rate, the market covers 60Hz, 120Hz, 144Hz, 240Hz, and 360Hz options.

  • 120Hz held the largest market share in 2023, as it provides a smoother gaming experience suitable for mid-range GPUs.
  • 360Hz is anticipated to register the fastest growth due to its advantages in competitive gaming, offering ultra-low input lag and clear visuals.

Based on display size, the market is divided into up to 14-inch, between 14-inch to 18-inch, and above 18-inch.

  • 14-inch to 18-inch displays accounted for the largest share in 2023, striking a balance between portability and immersive gaming.
  • This segment is expected to continue growing at the highest CAGR as consumer preferences lean towards mid-sized, high-resolution displays for an enhanced visual experience.

Based on price range, the market includes budget range, mid-range, and premium categories.

  • Premium segment led in 2023, driven by demand from hardcore and professional gamers who seek high-performance devices with advanced specifications.
  • This segment is expected to grow at the fastest CAGR, as consumers increasingly seek high-quality gaming experiences with powerful hardware.

Based on distribution channel, the market comprises online, retail stores, authorized resellers and distributors, custom PC builders, and enterprises.

  • Online sales held the largest share in 2023, with the convenience and range of products offered on e-commerce platforms.
  • This channel is expected to grow rapidly as more consumers prefer the variety and convenience of online shopping for gaming laptops.

Based on end-use, the market includes professional gamers, content creators, programmers, and others.

  • Professional gamers accounted for the largest market share in 2023, with growing demand for high-performance laptops specifically designed for gaming.
  • This segment is projected to grow at the highest CAGR as professional gaming and eSports continue to expand globally.

Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

  • Asia-Pacific led the market in 2023, driven by a large gaming community and increasing disposable incomes, particularly in China and India.
  • North America is anticipated to grow at a significant CAGR, fueled by a strong eSports culture and advanced technological adoption.
Report Attributes Report Details
Study Timeline 2018-2031
Market Size in 2031 USD 18,139.85 Million
CAGR (2024-2031) 4.8%
By RAM 8GB, 16GB, 32GB, Others
By Refresh Rate 60Hz, 120Hz, 144Hz, 240Hz, 360Hz
By Display Size Up to 14-inch, Between 14-inch to 18-inch, Above 18-inch
By Price Range Budget Range, Mid-Range, Premium
By Distribution Channel Online, Retail Stores, Authorized Resellers and Distributors, Custom PC Builders, Enterprises
By End User Professional Gamers, Content Creators, Programmers, Others
By Region North America(U.S., Canada, Mexico)
Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe)
APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific)
Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA)
LATAM(Brazil, Argentina, Chile, Rest of LATAM)

Top Key Players & Competitive Landscape :

The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.

List of prominent players in the Gaming Laptop Industry:

  • Lenovo Group Limited (China)
  • Razer Inc. (United States)
  • Dell Technologies Inc. (United States)
  • Micro-Star International Co., Ltd. (MSI) (Taiwan)
  • Origin PC Corporation (United States)
  • Eluktronics, Inc. (United States)
  • Acer Inc. (Taiwan)
  • HP Inc. (United States)
  • ASUSTeK Computer Inc. (Asus) (Taiwan)
  • Alienware Corporation (United States)
  • GIGA-BYTE Technology Co., Ltd. (Taiwan)

Recent Industry Developments :

  • In June 2024, Asus launched the ROG Zephyrus G14, featuring AMD Ryzen 9 8945HS, Nvidia GeForce RTX 4070 GPU, and a 14-inch OLED panel with 3K resolution.
  • In April 2024, Acer introduced the Acer Nitro 14 and Acer Nitro 16, powered by AMD Ryzen 8040 Series processors and optimized for gaming performance.