South Korea Laptop Market Overview, 2029

South Korea Laptop Market Overview, 2029

One of the main drivers of the market's current expansion in South Korea is the rising use of laptops for leisure activities, including gaming, streaming movies and TV episodes, and music. Accordingly, a promising market view is being provided by the increasing use of laptops due to the rise in remote work environments. In addition, the growing need for laptops is supporting the nation's market expansion since they offer excellent audio and visual capabilities as well as immersive entertainment experiences for users. In addition, students are using computers more frequently to participate in online learning. This is assisting in the market expansion, as is the growing use of laptops for productive work-related tasks. Furthermore, the expansion of the laptop industry in South Korea is being reinforced by technological advancements like as longer battery lives, better graphics, and quicker CPUs. In addition, the industry is being positively impacted by the growing public preference for laptops that are svelte, light, and visually appealing, as well as the growing need for portable electronic gadgets. Furthermore, industry investors are being presented with potential growth opportunities by the growing development of laptops that incorporate better security features like encryption and biometric authentication. Furthermore, the growing popularity of gaming laptops with strong GPUs and high-refresh-rate screens is driving the market expansion in South Korea. Similar to cellphones and other household goods, laptops have long been the primary products sold in Korea by Samsung Electronics and LG Electronics. However, affordable foreign brands have begun to catch on with local consumers in recent years. Taiwan's Asus leads the commercial laptop market, which is the first time Korean companies have lost ground to an international rival.

According to the research report ""South Korea Laptop Market Overview, 2029,"" published by Bonafide Research, the South Korea Laptop Market is projected to reach market size of more than USD 3.50 billion by 2029. South Korea's GDP per capita is high, which means that people there have more money to spend on consumer gadgets like laptops. Modern laptops are in high demand since Koreans are renowned for being tech-savvy and for embracing new technology early. The fast-paced lifestyle and reliance on public transportation make small, well-connected laptops increasingly desirable. Strong Wi-Fi and cellular options are prevalent on thin and light models. The strong gaming culture in South Korea fuels demand for high-end gaming laptops with potent graphics cards and bigger screens. Leading Korean companies like Samsung and LG are preferred by Koreans, who also show great brand devotion to well-known worldwide brands like Apple, Dell, and HP. The economy of South Korea is robust and flourishing. South Korean customers are able to afford to invest in high-quality laptops due to increased salaries and a culture that values technology. Laptop sales success can be attributed to these brands' reputations, marketing strategies, and high-quality products. The market for new laptop models may be driven by South Korean consumers' preferences, which include a penchant for svelte designs, cutting-edge features, and the newest technologies.

Based on by type the market can be categorized by traditional, 2-in1 laptop. Many professionals in South Korea continue to work in typical office environments, even though remote work is still relevant. Features like strong security, corporate software compatibility, and dependable performance for daily work may be of utmost importance to these users. Conventional laptops are frequently superior in these domains. High-end gaming computers are out of reach for some players. For individuals who are just starting out in gaming or prefer a more cheap option, traditional laptops with respectable processors and graphics can be a good substitute. Based on by application the market can be categorized by personal, business, gaming, others. Even while remote work is still common, a lot of Korean companies are implementing hybrid work models that need workers to alternate between their homes and offices. This increases the need for multipurpose laptops that are sufficiently powerful for work-related tasks and portable. For frequent travel and client meetings, professionals in a variety of industries in South Korea, especially in consulting, technology, and finance, need portable and dependable computers.

Based on By screen size the market can be categorized by Up to 10.9"" Inch, 11"" to 12.9"" Inch, 13"" to 14.9"" Inch, 15.0"" to 16.9"" Inch, More than 17"" Inch. In the South Korean laptop industry, the 11"" to 12.9"" inch segment also known as ""ultra-portable"" or ""ultra-mobile"" laptops is, in fact, seeing a rise in popularity. Because of its fast-paced lifestyle and densely populated cities, compactness and simplicity of carrying are highly desired in Korea. These laptops are convenient to travel with and are great for public transportation commutes. These 11- or 12-inch machines are used as backup devices by many Koreans who already own larger laptops or desktop computers for specialized tasks like note-taking, online browsing, email, or on-the-go entertainment. Based on by price the market can be categorized by up to USD 500, USD501 to USD 1000, USD 1001 to USD 1500, USD 1501 to USD 2000, above USD 2001. Certain laptops priced between $1,00 and $1,500 might come with dedicated graphics cards, giving users a device that can be used for gaming. The growing popularity of gaming, especially among younger customers, may lead to a rise in demand for laptops with gaming capabilities.

Considered in this report:
• Geography: South Korea
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report:
• South Korea Laptop market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type:
• Traditional
• 2-in1 laptop

By application:
• Personal
• Business
• Gaming
• Others
• Personal

By screen size:
• Up to 10.9"" Inch
• 11"" to 12.9"" Inch
• 13"" to 14.9"" Inch
• 15.0"" to 16.9"" Inch
• More than 17"" Inch

By price:
• up to USD 500
• USD 501 to USD 1000
• USD 1001 to USD 1500
• USD 1501 to USD 2000
• above USD 2001

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Laptop industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.One of the main drivers of the market's current expansion in South Korea is the rising use of laptops for leisure activities, including gaming, streaming movies and TV episodes, and music. Accordingly, a promising market view is being provided by the increasing use of laptops due to the rise in remote work environments. In addition, the growing need for laptops is supporting the nation's market expansion since they offer excellent audio and visual capabilities as well as immersive entertainment experiences for users. In addition, students are using computers more frequently to participate in online learning. This is assisting in the market expansion, as is the growing use of laptops for productive work-related tasks. Furthermore, the expansion of the laptop industry in South Korea is being reinforced by technological advancements like as longer battery lives, better graphics, and quicker CPUs. In addition, the industry is being positively impacted by the growing public preference for laptops that are svelte, light, and visually appealing, as well as the growing need for portable electronic gadgets. Furthermore, industry investors are being presented with potential growth opportunities by the growing development of laptops that incorporate better security features like encryption and biometric authentication. Furthermore, the growing popularity of gaming laptops with strong GPUs and high-refresh-rate screens is driving the market expansion in South Korea. Similar to cellphones and other household goods, laptops have long been the primary products sold in Korea by Samsung Electronics and LG Electronics. However, affordable foreign brands have begun to catch on with local consumers in recent years. Taiwan's Asus leads the commercial laptop market, which is the first time Korean companies have lost ground to an international rival. According to the research report "South Korea Laptop Market Overview, 2029," published by Bonafide Research, the South Korea Laptop Market is projected to reach market size of more than USD 3.50 billion by 2029. South Korea's GDP per capita is high, which means that people there have more money to spend on consumer gadgets like laptops. Modern laptops are in high demand since Koreans are renowned for being tech-savvy and for embracing new technology early. The fast-paced lifestyle and reliance on public transportation make small, well-connected laptops increasingly desirable. Strong Wi-Fi and cellular options are prevalent on thin and light models. The strong gaming culture in South Korea fuels demand for high-end gaming laptops with potent graphics cards and bigger screens. Leading Korean companies like Samsung and LG are preferred by Koreans, who also show great brand devotion to well-known worldwide brands like Apple, Dell, and HP. The economy of South Korea is robust and flourishing. South Korean customers are able to afford to invest in high-quality laptops due to increased salaries and a culture that values technology. Laptop sales success can be attributed to these brands' reputations, marketing strategies, and high-quality products. The market for new laptop models may be driven by South Korean consumers' preferences, which include a penchant for svelte designs, cutting-edge features, and the newest technologies. Based on by type the market can be categorized by traditional, 2-in1 laptop. Many professionals in South Korea continue to work in typical office environments, even though remote work is still relevant. Features like strong security, corporate software compatibility, and dependable performance for daily work may be of utmost importance to these users. Conventional laptops are frequently superior in these domains. High-end gaming computers are out of reach for some players. For individuals who are just starting out in gaming or prefer a more cheap option, traditional laptops with respectable processors and graphics can be a good substitute. Based on by application the market can be categorized by personal, business, gaming, others. Even while remote work is still common, a lot of Korean companies are implementing hybrid work models that need workers to alternate between their homes and offices. This increases the need for multipurpose laptops that are sufficiently powerful for work-related tasks and portable. For frequent travel and client meetings, professionals in a variety of industries in South Korea, especially in consulting, technology, and finance, need portable and dependable computers. Based on By screen size the market can be categorized by Up to 10.9" Inch, 11" to 12.9" Inch, 13" to 14.9" Inch, 15.0" to 16.9" Inch, More than 17" Inch. In the South Korean laptop industry, the 11" to 12.9" inch segment also known as "ultra-portable" or "ultra-mobile" laptops is, in fact, seeing a rise in popularity. Because of its fast-paced lifestyle and densely populated cities, compactness and simplicity of carrying are highly desired in Korea. These laptops are convenient to travel with and are great for public transportation commutes. These 11- or 12-inch machines are used as backup devices by many Koreans who already own larger laptops or desktop computers for specialized tasks like note-taking, online browsing, email, or on-the-go entertainment. Based on by price the market can be categorized by up to USD 500, USD501 to USD 1000, USD 1001 to USD 1500, USD 1501 to USD 2000, above USD 2001. Certain laptops priced between $1,00 and $1,500 might come with dedicated graphics cards, giving users a device that can be used for gaming. The growing popularity of gaming, especially among younger customers, may lead to a rise in demand for laptops with gaming capabilities. Considered in this report: • Geography: South Korea • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report: • South Korea Laptop market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type: • Traditional • 2-in1 laptop By application: • Personal • Business • Gaming • Others • Personal By screen size: • Up to 10.9" Inch • 11" to 12.9" Inch • 13" to 14.9" Inch • 15.0" to 16.9" Inch • More than 17" Inch By price: • up to USD 500 • USD 501 to USD 1000 • USD 1001 to USD 1500 • USD 1501 to USD 2000 • above USD 2001 The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Laptop industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.