Global Gaming Laptop Market 2017-2021
About Gaming Laptop
Previously, gamers were restricted to board games and associated video games. The growing introduction and popularity of PCs and electronic devices and the increasing adoption of the Internet have led to the development and commercialization of gaming. With the rapid adoption of gaming as a profession, the gaming laptop market is growing exponentially in the current market scenario. Gaming laptops are portable personal computers that are designed to play video games as an alternative to gaming consoles. They are usually purchased by gaming enthusiasts who are either hardcore gamers or professional gamers.
Technavio’s analysts forecast the global gaming laptop market to grow at a CAGR of 21.49% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gaming laptop market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of gaming laptops.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Gaming Laptop Market 2017-2021
Technavio recognizes the following companies as the key players in the global gaming laptop market: Acer, ASUS, Dell, MSI, and ORIGIN PC.
Other Prominent Vendors in the market are: AORUS, CLEVO, Eluktronics, EVGA, Gigabyte Technology, HP, Lenovo, Razer USA, and XOTIC PC.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is increasing penetration of VR headsets. The gaming market is one of the first markets where advanced technologies are incorporated. One such trend in the gaming market is the increasing adoption of VR headsets. VR provides a simulated environment through the combination of VR hardware and software due to which it provides the closest real-life experience among all other devices.”
According to the report, one driver in market is growing popularity of e-sports. Through e-sports, people can enjoy gaming by participating in competitions globally. The viewership of e-sports is increasing with their growing popularity. This is because e-sports create an environment where viewers can have an experience like playing games in real life. This type of sports, on a large scale, is one of the most popular sports entertainment events in the world. The popularity of e-sports is increasing and will continue to grow during the forecast period as well. Gamers participating in e-sports are already getting huge prize money. The highest paid gamer at the fifth edition of The Internationals, which was an electronic sports Dota 2 championship tournament of 2015, was paid nearly equal amounts to the squad member of the third-placed team at FIFA World Cup 2014.
Further, the report states that one challenges in market is high cost of gaming laptops. R&D expenses involved in developing new and improved versions of games is very high. This increases the price of the latest game software and applications. Hence, vendors sell these games at high prices, where the extra cost should be borne by buyers. However, due to the high price of gaming laptops, their adoption rate may experience a stagnant-to-low growth. The average cost of gaming laptops is $1,700, which can go beyond $4,000. Thus, gamers adopt freeware games and applications as an alternative or wait for the price of gaming laptops to decline. This will decrease revenues of vendors and will increase the threat of withdrawal from the market. Hence, vendors must continuously improve the technology and gaming experience to maintain stability and sustainability of their customer base.
Acer, ASUS, Dell, MSI, ORIGIN PC, AORUS, CLEVO, Eluktronics, EVGA, Gigabyte Technology, HP, Lenovo, Razer USA, and XOTIC PC.
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