In 2023, the laptop PC market volume in the UK stood at 15.153 million units. The market has shown considerable fluctuation over the years. The data indicates a general decline from 2013 until 2017, a period marked by a significant drop in 2017. However, since 2018, the market has seen a slight return to growth, with intermittent fluctuations.
Year-on-year variation over the last two years shows a decline of -0.73% in 2022 followed by a growth of 1.22% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years (2019-2023) was 1.38%.
Future trends to watch for:
- Forecasts suggest a moderate growth trend, with the market predicted to reach 16.015 million units by 2028.
- Key growth drivers include technological advancements, increasing remote work, and hybrid learning environments.
- Challenges such as market saturation and economic factors could impact future growth.