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Wednesday, 19 January 2022

Omicron Impact on Dual Screen Laptop Market Is Forecast To Reach $2.9 Billion By 2027

 

Dual Screen Laptop Market Growth & Trends

The global dual screen laptops market size is expected to reach USD 2.9 billion by 2027, expanding at a CAGR of 3.9% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Increasing adoption of dual screen laptops in gaming sector is expected to drive the market over the forecast period. Considering the growing demand from gaming industry, market players are focusing on launching double display laptops specifically for gaming purpose. For instance, ASUSTeK Computer Inc. announced that the company will launch its ROG Zephyrus Duo 15 dual display gaming laptop in the second half of 2020.

Rising disposable income coupled with rising inclination towards technological adoption in developing economies is anticipated to fuel market growth over the next seven years. Dual display laptops offer various benefits for businesses over other devices such as tablets, desktops, and single display laptops. They reduce the need for having multiple display desktops which are used to increase the employee’s productivity at work. The secondary display in these laptops can be used as a writing pad which eliminates the need for tablets.

Lack of awareness among people about the benefits of double screen laptops is anticipated to impede market growth. However, market players are taking initiatives and are investing to promote their product offerings. Furthermore, with companies such as Dell Inc. and Microsoft Corporation set to launch their dual display laptops in 2020, the market is projected to rise over the forecast period.

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Dual Screen Laptops Market Report

Dual Screen Laptop Market Report Highlights

  • The 13” to 14.9” segment is projected to witness a CAGR of over 2.5% from 2020 to 2027. Laptops under this segment are available at affordable prices as compared to other laptops and fulfill the business requirements of end users
  • The more than USD 1,500.0 segment held a market share of 53.6% in 2019. This is attributable to the high price of the products currently available in the market
  • In Asia Pacific, the market is expected to witness a CAGR of 5.7% over the forecast period. This upsurge is attributed to various growth strategies adopted by market players in growing economies in the region.

Dual Screen Laptop Market Market Segmentation

Grand View Research has segmented the global dual screen laptop market on the basis of screen size, price, and region:

Dual Screen Laptop Screen Size Outlook (Revenue, USD Million, 2019–2027)

  • Up to 12.9"
  • 13" to 14.9"
  • More than 15"

Dual Screen Laptop Price Outlook (Revenue, USD Million, 2019–2027)

  • Up to USD 1,500
  • More than USD 1,500