July 01, 2021
According to the report titled ‘Global Dual-Screen Laptops Market Size study, by Size (Up to 12.9???, 13??? to 14.9??? and more than 15???), Price (Up to USD 1,500 and more than USD 1,500) and Regional Forecasts 2020-2027’ available with Market Study Report, global dual-screen laptops market, valued at USD 2.4 billion in 2019, is anticipated to reach USD 3.26 billion by the year 2027, recording 3.9% CAGR during 2020-2027.
Enhanced productivity with the ability to multitask, in consort with rise in demand for technically advanced systems, and pouring investments for launching new product line are propelling the growth of global dual-screen laptops market.
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Dual-screen laptops have two screens connected to same processing unit. The primary screen is used for standard computational activities and secondary screen is used for editing, drawing, writing, sketching and gaming, enabling accuracy and multitasking.
With lockdowns and social-distancing norms imposed due to COVID-19 pandemic, companies have adopted work-from-home culture, which will boost the demand for dual-screen laptops as employees seek convenience with higher productivity.
On the downside, lack of awareness about the product among users, and dearly costing are the restraints hampering the growth of global dual-screen laptops market.
Based on screen size, the market is divided as upto 12.9 inches, 13-14.9 inches, and over 15 inches. In terms of price, worldwide dual-screen laptops industry is segmented as upto USD 1500, and more than USD 1500.
Regionally, North America held sizeable market share in the recent past, owing inclination of consumers towards online gaming.
Parallelly, Asia Pacific dual-screen laptops industry is touted to exhibit substantial CAGR during the forecast period. The report cites that presence of renowned manufacturers namely Lenovo Group Limited and ASUSTek Computer Inc. in the region is impelling the regional market share.
The competitive landscape of global dual-screen laptops is fabricated by companies namely Dell Technologies Inc., Microsoft Corporation, Intel Corporation, Apple Inc., ASUSTeK Computer Inc., Hewlett Packard Development Company L.P., Mobile Pixels Inc., Xiaomi Corporation, and Lenovo Group Ltd. among others.