Dual Screen Laptops Market: Current Analysis and Forecast (2021-2027)
$3999 – $7577
Emphasis on Screen Size (Up To 12.9 Inch, 13 To 15 Inch, and More Than 15 Inch); Price (Up To 1,500 and More Than 1,500); and Region and Country
Pages: | 223 |
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Table: | 41 |
Figure: | 125 |
Report ID: | UMCG21695 |
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Report Description
Global dual screen laptops market was valued around USD 2.5 Bn and is expected to grow at a CAGR of around 4% during the forecast period (2021-2027). Dual screen laptop caters significant market presence over the past few years and expected to have extensive market growth in the forecasted period as well. Factors such as increasing adoption of Internet of Things (IoT), growing demand for fast performing laptops, and rising consumer preference for the adoption of technological advanced dual screen monitors and laptops are the major factors expected to drive the growth of the dual screen laptops market over the forecast period.
For the past several years, multi-tasking while gaming was a difficult task, considering that online gaming requires continuous monitoring and undivided attention. Thus, gamers generally used tablets or smartphones as a secondary device while playing uninterruptible games. The advent of dual-screen laptops solves the issue of multitasking and, thus, provides new avenues for online gamers.
The coronavirus pandemic declared as public health emergency worldwide by World Health Organization (WHO). Government across nations implemented lockdown and ban on travelling, shutdown of manufacturing industries, commercial activities this had severely disrupted the supply chain. Most of the laptops are manufactured in China, where the facilities were completely shut down for a brief period. This has resulted in a shortage of supplies for laptop manufacturers. The decrease in production has adversely impacted market growth. As a result, laptop manufacturers are experiencing a supply shortage. The drop in demand has harmed consumer growth.
In addition, work-from-home regulations that have taken effect in most of the countries have escalated the demand for single-screen laptops which in turn has negatively impacted the market demand for dual screen laptops. Additionally, Microsoft Corporation delayed the launch of its dual-screen laptop Surface Neo to 2021. With surged in the number of coronavirus cases laptop companies delayed the launch of dual-screen laptops for few months in 2020.
Dual screen laptops Screen Size, 2020
Some of the prominent players operating in the market are ASUSTeK Computer Inc., HP Development Company, L.P., Lenovo, Microsoft Corporation, Dell Inc., Acer Inc. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst Screen Size, more than 15 Inch segment holds the major share”
Based on screen size, the dual screen laptops market is segmented up to 12.9 inch, 13 to 15 Inch and more than 15 inch. The more than 15 Inch segment catered significant demand in dual screen laptops market. Laptops under this segment provide better display resolution as compared to laptops of other screen sizes. Large displays have high-refresh-rate due to which they can display more than 60 frames per second, which makes gameplay smooth.
“Amongst price, up to USD 1,500 segment holds the major share”
Based on price, the dual screen laptops market is segmented into up to 1,500 and more than 1,500. The up to 1,500 segment holds the considerable market share in dual screen laptops market. Laptops in this segment are cost-effective and efficient for various business organizations that operate on multiple displays. Moreover, owing to their lower price, laptops of this segment are expected to be used widely by individual users over the coming years.
“Asia Pacific represents one of the extensive market shares of global dual screen laptops Market”
For a better understanding of the market dynamics of the global Dual screen laptops market, a detailed analysis was conducted for different regions including Asia Pacific, North America, Europe, and Rest of the World. Asia Pacific holds the extensive market share owing to the mounting population, soaring disposable income of people, and aggravating demand for modernized, large display, and better-performing laptops. Moreover, swift economic enhancement, internet seepage, and rising consciousness among people are supplementing the market growth.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
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Research Methodology
Analyzing the historical market, estimation of the current market, and forecasting the future market of the global dual screen laptops market were the three major steps undertaken to create and analyze the adoption of dual screen laptops in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global dual screen laptops market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:
Seek More Details About Research Methodology
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of dual screen laptops market through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the dual screen laptops market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as screen size and price. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of dual screen laptops market. Further, we conducted factor analysis using dependent and independent variables such as dual-screen laptops eliminate the problem of multitasking for online gamers. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the dual screen laptops market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global dual screen laptops market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of value (US$) and the adoption rate of dual screen laptops market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global dual screen laptops market in terms of category offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global dual screen laptops market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of screen size and price in the global dual screen laptops market.
The main objective of the Global Dual screen laptops Market Study
The current & future market trends of global dual screen laptops market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of dual screen laptops market in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of screen size and price
- Define and analysis of the regulatory framework for the dual screen laptops market industry.
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the dual screen laptops market for the major region.
- Major regions studied in the report include Asia Pacific, Europe, North America, and Rest of the world.
- Company profiles of the dual screen laptops market and the growth strategies adopted by the market players to sustain in the fast-growing market
Deep dive regional level analysis of the industry