Jan 12th, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Personal Computer Market.
The Personal Computer Market is estimated to grow from USD 145.2 billion in 2020 to USD 240.5 billion by 2026 at a healthy CAGR of 8.9% during the forecast period.
A personal computer is a multi-purpose computer whose size, price, and capabilities make it doable for individual use. These computers are intended to be operated directly by end- druggies, rather than a technician or a computer expert. They're sturdy and smooth in operation.
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Segment Analysis:
Personal Computer Market Share: By End-Use Trends
Based on end-use, the personal computer market is classified into consumer, commercial, and industrial. The consumer segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. This is mainly attributed to rising purchasing power, increasing the number of schools, colleges, and offices; increasing demand for curated computers for specific applications such as designing, further bolsters the segment growth.
Personal Computer Market Share: By Region
By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly ascribed to the increasing population, rising urbanization, growing internet penetration, which has spawned a rise in the demand for personal computers. Also, the large presence of product manufacturers in China, India, and Japan, further proliferates the regional market growth.
COVID-19 Impact on Global Personal Computer Market
The COVID-19 outbreak has moderately affected the personal computer industry. The pandemic has turned the lives of people worldwide, with the number of cases increasing rapidly. The pandemic resulted in a rise in the sales of personal computers due to the emergence of work-from-home policies. However, the production of personal computers was affected due to supply chain disruption.
Key Players:
Key players operating in the Personal Computer market are-
- Dell (US)
- The Hewlett-Packard Company
- Lenovo Group Limited (Hong Kong)
- Acer Inc. (Taiwan)
- Apple Inc. (US)
- AsusTek Computer Inc. (Taiwan)
- The Samsung Group (South Korea)
- Microsoft Corporation
- Alienware
- Micro-Star International Co. Ltd. (Taiwan)
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Features of the Report:
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Personal Computer Market analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors.
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