LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global gaming laptop market is expected to reach USD 22.52 billion by 2021, growing at an outstanding CAGR of more than 21%.
This research report titled ‘Global Gaming Laptop Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The global gaming laptop market is likely to experience a high growth during the forecast period owing to the rapidly evolving technology and varying consumption patterns of gamers. Because of increased disposable income of the population, their consumption patterns such as time and money spent on games have evolved, which is driving the market globally.
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Technavio’s analysts categorize the global gaming laptop market into three major segments by end-user. They are:
- Casual gamers
- Hardcore gamers
- Professional gamers
The top three end-user segments in the global gaming laptop market are discussed below:
Global gaming laptop market by professional gamers
Professional gamers play games for their living, who generate incomes by winning cash prizes in competitions. Most hardcore gamers, after few years of gaming, become professional gamers. As the global gaming market is growing rapidly, there are various platforms being introduced to gamers to play the way they like.
According to Ujjwal Doshi, a lead consumer electronics research analyst from Technavio, “During the forecast period, the professional gamer segment will grow at the highest CAGR. This is because professional gamers are highly skilled gamers that have been mastered for years. Therefore, the passion and seriousness of professional gamers for gaming are likely to drive the global gaming laptop market during the forecast period.”
Global gaming laptop market by hardcore gamers
“A large number of hardcore gamers own gaming devices, such as consoles, PCs, and laptops, as gaming becomes an important part of their lives. The number of hardcore gamers is likely to grow, which will drive the growth of the global gaming laptop market during the forecast period,” says Ujjwal.
In 2016, China accounted for the highest number of hardcore gamers. Thus, APAC is likely to be the fastest-growing region during the forecast period.
Global gaming laptop market by casual gamers
Casual gamers play games for fun and play hardcore games occasionally. They usually have no preference for gaming platforms. As gaming is not very important to this end-user segment, and gaming is limited to fun only, they tend to spend lesser on gaming software and hardware. These gamers prefer playing free-to-play games than subscription-based games.
The top vendors highlighted by Technavio’s research analysts in this report are:
- ORIGIN PC
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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