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Report Overview

The India laptop market size reached a value of more than USD 6.82 Billion in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching a value of around USD 10.29 Billion by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

  • Reportedly, 95% of consumers  in India read online reviews before making a purchase and 58% say they would pay more for a high review score product.

  • According to reports, in 2024 , global spending on consumer electronics is expected to decline by around USD 5 billion this year.

  • India's PC market saw  a 30.1% decline in the 2023 March quarter, with shipments dropping to almost 3 million units compared to the previous year.

Competitive Landscape

Some of the major players are increasingly expanding manufacturing facilities to align with the Make in India movement

 

Company Name Year Founded Headquarters Products/Services
Lenovo Group Limited 1984 Hong Kong Provides consumer electronics such as laptops, tablets, desktops, business solutions, personal computers, software solutions, and infrastructure solutions
Dell Inc. 1984 United States computers, gaming PCs, workstations, monitors, desktops, and related products
HP Development Company L.P. 1998 United States Delivers computer systems, adapters, laptops, monitors, chargers, desktops, and printers
HCL Technologies Limited 1976 India Offers services including digital transformation, engineering, remote infrastructure management, IT consulting, and software development

 

Other key players in the India laptop market are ASUSTeK Computer Inc., Apple Inc., Acer Inc., Samsung Electronics Co., Ltd., Micromax Informatics, and Lava International Limited, among others.

 

Companies in the India laptop market are developing and expanding through a variety of strategies, tailored to meet the increasing demand, technological advancements, and changing consumer preferences. To align with the Indian government's push for 'Make in India' and recent policy changes aimed at boosting domestic manufacturing, companies are setting up or expanding their manufacturing units in India. This not only helps in reducing costs associated with import tariffs but also aligns with government incentives for local production.

India Laptop Market Report Snapshots

India Laptop Market

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the laptop market in India reached a value of over USD 6.82 Billion.

The market is projected to grow at a CAGR of 4.20% between 2025 and 2034.

The market is expected to witness a healthy growth in the forecast period to reach around USD 10.29 Billion by 2034.

The major market drivers include increasing digitisation, rising purchasing power of consumers, availability of low-cost laptops, and widespread usage of laptops.

The key trends prevalent in the market are the increasing demand from SMEs and large enterprises, the growing prevalence of online education and remote working, innovations and development activities, and the presence of a large number of key players.

The primary product types for laptops are traditional and 2-in-1 laptops.

The different end uses of laptops are personal, business, and gaming, among others.

The key players in the market are Lenovo Group Limited, Dell Technologies, Inc., HP Development Company L.P., HCL Technologies Limited, ASUSTeK Computer Inc., Apple Inc., Acer Inc., Samsung Electronics Co., Ltd., Micromax Informatics, and Lava International Limited, among others.

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