Global Laptop Repair Market Seen Soaring 3.65% Growth to Reach USD Million by 2030, Projects Univdatos Market Insights

Key Highlights of the Report:

• Worldwide PC shipments totaled 59.7 million units in the second quarter of 2023.
• Lenovo, Dell, and HP are the most popular laptop brands combined- they ship 60% of the laptops worldwide.
• Lenovo ranked first for the 2Q23 Shipments with a total of 14.31 million units.
• 92% of people in the US have at least one laptop, tablet, smartphone, or desktop computer.
• China is the biggest exporter in the global industry, accounting for 77% of the total laptop export volume in 2021.
• Over 82% of laptop issues in India are hardware-related, and less than 18% are related to software.
• Nearly 90% of PC owners install an antivirus on their laptops.
• Apple recorded a 28% increase in desktops.

According to a new report by Univdatos Market Insights, Laptop Repair Market Globally is expected to reach USD Billion in 2030 by growing at a CAGR of 3.65%.

The utilization of smart laptops has seen an exponential rise, with nearly 1 billion individuals incorporating this gadget into their everyday lives. Moving forward, one reason for the increased demand for laptop repair services is the complexity of these devices. Smart laptops are equipped with advanced hardware components and sophisticated software, which can occasionally encounter technical issues or failures. Common laptop repair needs include hardware repairs such as fixing broken screens, replacing malfunctioning keyboards or batteries, and repairing or upgrading internal components like RAM or storage drives. The report published by International Data Corporation indicates that the total number of shipments made by the top five companies in India stood at 2,938,000 units in quarter fourth quarter of 2020 which rose to 4,105,000 units in quarter fourth quarter of 2021. This growth implies that laptop technology will keep on assuming a major job in forming the eventual fate of healthcare and personal technology. So, the demand for laptop devices increased exponentially, thus leading to a surge of repair requests.

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In recent years, laptop technology has become an increasingly popular subject of discussion in numerous domains. This new generation of laptop devices offers improved compactness, intelligence, power, and versatility, compared to earlier versions. Furthermore, they can enhance your punctuality, and productivity, and provide additional free time. The educational sphere is certainly not an exception to the proliferation of innovative technology. By utilizing laptop devices, students are now able to listen to audio lessons, make voice notes, and receive notifications. Furthermore, these technologies can be of great benefit not only to students but also to parents and teachers. Undoubtedly, the increased utilization of such technology has the potential to positively affect the educational system and generate considerable income for the laptop repair business.

Going forward, accidental drops, water damage, software glitches, and hardware failures are common problems that can render these devices unusable and lead to increased demand for the laptop repair market. Apart from these players operating in the market are looking to launch new models worldwide for consumers to hold the position in the market.

For Detailed Analysis on the Report- https://univdatos.com/report/laptop-repair-market

Some of the recent developments are:

• In June 2023, Apple introduced the 15-inch MacBook Air, featuring a larger display and improved performance. The new laptop is powered by an 8-core Intel Core i7 processor and comes with up to 16GB of RAM and 2TB of storage. The device also features a higher-resolution Retina display, longer battery life, and a Force Touch trackpad. Additionally, the MacBook Air includes Apple’s T2 Security Chip, which provides enhanced security and privacy features and starts at USD 2,099.
• In January 20223, Apple unveiled the new MacBook Pro, featuring the M2 Pro and M2 Max chip options. The M2 Pro offers up to 10 cores and 16 threads, while the M2 Max offers up to 12 cores and 16 threads. Both chips provide increased performance and power efficiency. The new MacBook Pro also features a brighter and more colorful display, longer battery life, and a new Force Touch trackpad.
• In April 2023, HP India launched four new productivity-focused laptops in India after introducing affordable Chromebooks and high-end Omen gaming devices. The four new laptops HP has introduced are HP 14, HP 15, HP Pavilion Plus 14, and HP Pavilion X360.

Conclusion

The utilization of modern laptops has witnessed an exponential rise, with nearly 3.35 billion people incorporating laptops into their normal lives. The worldwide demand for laptop devices is projected to remain growing. This boom signifies the widespread role laptop technology will play in shaping the future of education, healthcare, banking, weather forecasting, and business industry. With the surge in demand, the laptop repair market is expected to grow within the forecast duration, indicating the need for repair services due to accidental drops, water harm, software glitches, and hardware failures. The educational sector is likewise embracing laptop devices, providing advantages to college students, parents, and instructors alike. As the market expands, players are establishing new service centers worldwide to cater to consumer repair needs. Recent developments by companies like HP, Dell, and Apple highlight the focus on enhancing consumer enjoyment and expanding offline retail presence. Overall, the laptop technology industry is poised for further increase and innovation in the coming years so the demand for the laptop repair market boost in due time.