The renowned IT research company named Verified Market Research has predicted in its latest report a positive boost for the gaming laptop sector in the next 5 years. Even though the report claims year-on-year growth up to 2027, the growth in the next five years is unprecedented.

There are many factors that are coming together to promote a big boost for this segment of the laptop industry. Manufacturer-friendly regulations, increased investment and the popularity of professional gaming have created a wonderful environment to support the growth of this industry.

Major gaming laptop players set for growth after 2020

Significant growth is projected for major gaming laptop makers like Dell, Acer, HP, Razer, Lenovo, Asus and many others. Growth is also predicted for household as well as commercial users, which shows potential for investment in various product categories. Therefore, anyone looking for the best gaming laptop under 600 dollars or the most high-performing laptop for professional gamers will expect to find specialized laptops for their gaming needs.

The biggest growth has been projected in the traditional markets like North America and Europe, while positive demand is also seen in Japan, Middle East and other major Asian markets. Between 2020 and 2026, the size of the gaming laptop market in the US is expected to be $17.8 billion compared to $11 billion in 2020, meaning a growth rate of more than 7%. Similar growth is expected in China, another important market for the industry. From sales of 100 billion RMB in 2019, the market is likely to double in size by 2022. Similarly, the gaming laptop market in India has seen consistent growth of more than 40% per annum since 2017, and is expected to grow by at least 30% every year up to 2027. This suggests that the future of the gaming laptop industry is in Asia, or more broadly, in the APAC region.

Rise in gaming events promote growth in gaming laptop sales

Another positive trend is the increasing number of gaming championships that are being held all over the world, such as League of Legends, StarCraft II World and World Cyber Games championships, and many others. This is creating new demand in emerging markets like India, Thailand and even Africa due to the popularity of these games.

The major trend is the growing segmentation within the industry as it continues to expand in the coming years. It is predicted that the market will be dominated by price segments and will be grouped by need. The main segments are amateur or hobby gamers, professional gamers, and high-level gamers. Another segmentation basis would be the market for components, such as screen size, RAM capacity, processor speed and of course price.

Expansion of international manufacturing facilities

Another predicted trend is the growth in manufacturing facilities. Traditional manufacturing zones in the US, Mexico and China are coming to a saturation level. Due to this, manufacturers are shifting to low-cost destinations with untapped capacity. New production centres in India, Thailand, Vietnam and other countries is expected to bring down the cost of production by 10-15%, making gaming laptops more affordable for gamers in emerging economies.

Challenges faced by the industry 

There are a couple of challenges that could affect the rosy growth of this sector in the coming years. For starters, the effects of Covid may affect the productivity of gaming laptop factories in the next few years. However, the lockdown situation might stimulate even more demand for this product since people have more leisure time to participate in such games at home.

High number of layoffs and persistent unemployment levels may reduce disposable income that people could spend on purchases of new gaming laptops, thereby creating new demand for the second-hand gaming laptop segment. Nonetheless, the future of the gaming laptop looks bright based on the statistical data and analytical projections produced in this report.

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By TS Newswire

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