Pune, India -- (SBWIRE) -- 04/26/2018 -- Global 2 in 1 Laptops Market - Synopsis

2 in 1 Laptops although, are not longstanding in the market, have acquired tremendous popularity in a very short time span. Evidently the reason being, a range of convenience they offer. Precisely, 2-in-1 laptops offer the users convenience of a Tablet with the overall characteristics of a laptop such as software compatibility and computing power & etc.

This means with these Laptops, the users have the combination of portability and usability along with the flexibility of switching between the modes, all just in a single device which ultimately presages savings! Leverage to today's fast pace life, modern consumers want versatile, multi-function devices. And 2 in 1 Laptops providing consumers exactly the same, are increasingly gaining popularity worldwide. This factor, in turn, acting as a driving force to the market growth of these laptops, escalates its market on the global platform.

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Acknowledging the exponential growth this market is capturing currently, determining the galore accruals the market will experience in the future, Market Research Future (MRFR), has recently published a brilliant study report giving out the complete market forecast till 2023. In its analysis, MRFR foretells that the global 2 in 1 Laptops Market will grow up to 5.4 Billion USD approximately, registering a ~ 17.4% of a CAGR during the assessment period (2017 – 2023).

In addition, factors driving the market growth include, augmenting demand for the personal computing devices, substantial investments transpired into R&D activities to bring novelties to the laptops along with the growing urbanization & improving economic conditions that hike up consumers' affordability. The trend of BYOD is one of the key factors, propelling the market growth.

Simultaneously, evolving display technology has encouraged the manufacturers to design sleeker & functional laptops that can benefit both, the consumer and the business users. Resultantly this has also fostered the market growth to an extent. On the other hand, factors such as compromised storage and battery capacity of these laptops is expected to hamper the market growth during the review period.

Key Players

The prominent players in 2 In 1 Laptops Market are – Dell, Inc. (U.S.), Apple Inc. (U.S.), Microsoft Corporation (U.S.), Samsung Group (South Korea), Sony Corporation (Japan), HP (U.S.), Lenovo Group Ltd. (U.S.), Acer Inc. (Taiwan), AsusTek Computer Inc. (Taiwan), Toshiba Corporation (Japan) and Razer, Inc. (U.S.), among others.

Industry/ Innovation/ Related News

April 4, 2018 – Dell Corporation (Dell – US) launched its two new 2-in-1 laptops XPS 15 and XPS 15. The company at, the same time, has also announced the availability of Inspiron 15 7000 – 2 in 1(a special edition version) along with the six new S-series monitors.

March 20, 2018 – AsusTek Computer Inc. (Taiwan) launched the world's thinnest convertible laptop in India. The laptop features 8th-Generation Intel Core i7-8550U processor with on-board 16GB RAM that runs on Windows 10.
March 21, 2018 – Alcatel (France) launched its 2-in-1 keyboard tablet - POP4 10 in India. The tablet offers a flip detachable Bluetooth keyboard which is 2-in-1 and replica of the laptop.

Global 2 in 1 Laptops Market - Segmentations

For the convenience of the report and enhanced understanding; the market can be segmented into 3 dynamics.

- By Product Types: Comprises Screen Size 10.1 inches, Screen Size 13.3 inches, Screen Size 14.0 inches, and Screen Size 15.6 inches among others.
- By End Users/Applications: Personal & Commercial.
- By Regions: North America, Europe, APAC and Rest of the World.

Segment - Screen Size 13.3 inches by Product Types accounted for the leading segment in 2016 with the largest market share and a market value of 369.5 million. The segment is expected to reach up to USD 756.2 million by 2022.

Whereas the Segment - Commercial by application/end users posted the value of USD 1502.4 million in 2016. The segment is expected to reach up to USD 3255.5 million by 2022.

Global 2 in 1 Laptops Market - Geographical Analysis

North-America dominates the Global 2 in 1 Laptops Market with the largest market share accounting for a greater revenue pocket. The region is further expected to grow over its previous growth records by 2023. The growth attributes to the factors such as the augmenting uptake of cloud technology and connected space that allows users to detach the laptop from one application and use it for another. Moreover, professionals from the sectors like security, manufacturing, police, fire, and many enterprises demand for the sturdy detachable laptops. This demand, in turn, drives the growth of the detachable laptops.

Owing to the rising IT technology and growing population with the increasing demand for detachable laptops; the Asia-Pacific market for 2 in 1 Laptops is expected to grow at a substantial CAGR during 2017 to 2023. Among other APAC countries, Japan accounts for the largest contributor to the regional market growth owing to the presence of many semiconductor & electronic component manufacturing companies coupled with the augmenting uptake of detachable laptops from the education sector for schools, universities, and colleges.

While the European market for 2 in 1 Laptops is expected to grow at a considerable CAGR during the review period (2017-2023).

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Intended Audience
- Technology investors
- Integrated device manufacturers (IDMs)
- Original equipment manufacturers (OEMs)
- Research/Consultancy firms
- Cloud solution provider
- System Integrators
- External Service Providers (ESPs)
- Consumers

About Market Research Future
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