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Hybrid (2 in 1) Laptops Market By Screen Size (10. 1 Inches, 11.6 Inches, 12 Inches/12.5 Inches, 13.3 Inches/13.5 Inches, 14.0 Inches, 15.6 Inches, 17.3 Inches), By Distribution Channel (Online Channel, Exclusive Stores, Electronic Stores), By Age Group (Below 15 Years, 15 Years-24 Years, 25 Years-45 Years, 46 Years-60 Years, Above 60 Years) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Summary
Table Of Content

Industry Outlook

The global market for hybrid (2 in 1) laptops stood at US$ 8,882.7 Mn in 2017 and expected to reach US$ 15,375.8 Mn by 2026, growing at a CAGR of 6.4% during the forecast period of from 2018 to 2026. North America dominated the market in 2017 and expected to retain its leading position throughout the forecast period. However, Asia Pacific identified as the fastest growing market during the forecast period.

2 in 1 laptops, also known as hybrid laptops or convertible laptops designed to function as a laptop as well as a tablet, according to the preference of the consumers. These laptops are manufactured keeping the versatility factor in mind, allowing the consumers to choose the desired use of the device as per their preference. The display screen of a 2 in 1 laptop can be rotated to 360 degrees, or can be detached to take the form of a tablet as and when required. Convertible laptops are gaining rapid acceptance among the working populace and gradually replacing tablets due to superior performance. Tablet lacks the features of a laptop such as faster processor speed, and better storage capacities among others, thus making them inappropriate for the working populace who would require a hand held device for their daily work that would complement their need for mobility. On contrary, performance factor has paved the way for 2 in 1 laptops, as these devices are made by combining the performance of a notebook and a tablet consequently leading to surge in demand for 2 in 1 laptops across the world. Aggressive research & development activities by major manufacturers of 2 in 1 laptops, leading to frequent product launches is also one of the key factors driving the growth of the market. In August 2018, Dell launched a series of laptops, expanding its XPS, Vostro and Inspiron range. The launch catering to the convertible laptop sector includes Inspiron 7000 2 in 1 laptops, Inspiron 5000 2 in 1 laptops, and Dell Inspiron Chromebook 2 in 1 laptop.

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Market Synopsis: Value

13.3 Inches/13.5 Inches Laptops Emerged as Dominating Segment by Screen Size in 2017, and Expected to Continue the Trend throughout the Forecast Period

Based on screen size, 13.3 inches/13.5 inches 2 in 1 laptops dominated the market in 2017, followed by 12/12.5 inches and 14 inches laptops. 13 inches, 14 inches, and 12inches/12.5 inch laptops are highly preferred by the working populace due to their lightweight and easy usability. 12 to 14 inches laptops are a balance between portability and usability. These laptops weigh below 2 kilograms; offers better specifications compared to 10.1 and 11.6 inches laptops and are less cumbersome compared to 15.6 and 17.3 inches laptops. Further, Dell launched a series of convertible laptops in August 2018, which covers the 13.3 inches and 14 inches category laptops with superior features such as 8th generation processors, 4K ultra high display (UHD) screens, aluminum exteriors, fingerprint sensors and pen support among others. These laptops can also be operated as a tablet with ease.

Online Channel is Expected to Generate the Fastest Growth During the Forecast Period

Robust growth in e-commerce industry has led several manufacturers operating in the hybrid (2 in 1) laptops market to expand their distribution channel by operating online which would allow them to expand their geographical reach. E-commerce industry sales grew from US$ 1.39 trillion in 2014 to US$ 1.92 trillion in 2016 and expected to cross the US$ 4 trillion mark by the end of 2020. Shopping through smartphones have witnessed robust growth as consumers are increasingly using their mobile devices for shopping activities. Owing to increasing competition in the online space, major companies such as Amazon and Rakuten among others are resorting to heavy marketing and promotional activities, such as offering heavy discounts in order to gain maximum customer attraction.

Online sale of laptops crossed the US$ 2 Bn mark in 2016 with Dell, Asus, Hewlett-Packard and Lenovo together capturing more than 50% of the sales. Further, Amazon, and Dell ranked as the top online retailers for the sale of laptops. However, the electronic stores segment accounted for the major market share due to high consumer preference for this mode of channel as majority of the consumers prefer to examine physically the laptops and its features before purchasing.

25 -45 Years, by Age Group Dominated the Market and Expected to Continue the Trend in the Future

Based on age group, the 25-45 years segment accounted for the major market share in 2017 and expected to retain market dominance throughout the forecast period as this age group represents the prime working population. The manufacturers of convertible laptops have designed their products keeping in mind the need and preference of the consumers by way of combining the features of a tablet; such as the touchscreen, and that of a laptop such as faster processors, and storage space among others. Growing disposable income of the working population aged 25-45 years coupled with rising penchant towards premium products are key factors fuelling the demand for convertible laptops for this segment. Further, the growing trend of BYOD (Bring Your Own Device) is another key factor driving the demand for convertible laptops. BYOD is a growing trend in corporate sector where the organizations allow their employees to use their own devices to work and use the company’s data and enterprise system.

However, the 15 -24 years segment expected to grow at a faster pace during the forecast period due to rising adoption of 2 in 1 laptops among the college going population. Rapid penetration of 2 in 1 laptops in educational institutions is fuelling market growth, which is a key factor driving the demand for such laptops among the 15 -24 years segment. Dell, one of the key players operating in the 2 in 1 laptops market is targeting large corporations such as government organizations and educational sectors since these sectors allow larger inflow of profits and supported by dedicated account managers and sales representatives.

Emerging Nations Expected to Drive Future Demand for Hybrid (2 in 1) Laptops

The global market for hybrid (2 in 1) laptop is dominated by North America followed by Europe in 2017. High purchasing power of consumers is one of the key factors driving the growth of the hybrid (2 in 1) laptops market in these regions. Rising consumer demand for mobility and flexibility is also among the key factors responsible for the growth of the hybrid (2 in 1) laptops market in North America and Europe. Several colleges in U.S. have implemented the strategy of offering laptops to graduate students, the prices of which are mostly included in the course fee. This has helped the market for hybrid (2 in 1) laptops in North America to take a proper shape. Penetration rate of laptops in U.K. is the highest in age groups ranging from 15-60 Years. Laptops have become an essential tool for study & work in the country and their presence in households and offices has witnessed a steady increase every year. Rising demand for such devices among the younger population is one of the key factors fuelling market growth of hybrid (2 in 1) laptops in U.K.

Emerging regions such as Asia Pacific and Latin America expected to drive the future market growth of hybrid (2 in 1) laptops. Factors such as rapid urbanization, increasing working population and higher purchasing powers are some of the key factors that will drive the future demand for hybrid laptops. However, the demand for such laptops in developing nations is still in a nascent stage due to their high price, which urges the consumers to opt for their alternatives, i.e. conventional laptops. Further, high demand for pre-owned devices in countries such as India is another key factor restraining the market growth of hybrid (2 in 1) laptops in the country, as price sensitive consumers would prefer to buy a pre-owned 2 in 1 laptop at a lower price rather than paying retail price for the same.

In January 2018, Lenovo launched a series of new chromebooks and laptops aimed at the educational institutions. These laptops have passed a series of tests such as drop tests up to 2.46 feet and spill tests up to 330 ml. Further, these laptops also conform to the U.S. Military Standard, also called as MIL-SPEC. The portfolio is inclusive of Lenovo Yoga, Chromebook and 300e among others. These are convertible 2 in 1 laptops, which comes with a stylus pen for the touchscreen. These factors expected to contribute to the growing demand for hybrid laptops in the coming years.

Product Development is one of the Key Strategies of the Companies operating in the 2 in 1 Laptops Market

Notable players operating in the global hybrid (2 in 1) laptops market include The Hewlett-Packard Company, Dell, Lenovo Group Ltd., AsusTek Computer Inc., Acer Inc., Toshiba Corporation, Microsoft Corporation, Samsung, Japan Industrial Partners Inc., and AWOW among others.

In January 2018, Toshiba Corporation launched its line of business class mobile computing solutions featuring the latest 8th Generation Intel® Core™ vPro™ processors. The Portege X20W laptop is a convertible 2 in 1 laptop featuring a 12.5 inch display and offers the functionality of a laptop and tablet combined together and powered by the 8th generation Intel® Core™ vPro™ processor along with Windows 10. The laptop is 15.4 mm thin and features a 360-degree hinge in order to offer flexibility in terms of usage.

Historical & Forecast Period

Our study analyzed each market segment during the period from 2016 to 2026 with 2017 as the base year. Forecast period between 2018 and 2026 considered for the CAGR calculation.

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Report Scope

The report enlightens the thorough outline of global hybrid (2 in 1) laptops market by categorizing the market in different segment given below:

This research report describes leading continents and their major countries, along with profiles of key players operating in overall market and their planned developments. Our report further defines the overall market dynamics such as drivers, challenges, and opportunities prevalent in the market to understand global 2 in 1 laptops market more explicitly. Our in-depth quantitative and quantitative analysis of each segment up to country level highlights revenue pockets and investment opportunities in the market.

Key questions answered in this report

Who are the major distributors, dealers, and traders operating in the hybrid (2 in 1) laptops market?
What are the largest screen size, distribution channel, and age group segments in the market during the forecast period from 2018 to 2026?
Which are the fastest growing segments in the market for the forecast period?
What are the current market trends in the hybrid 2 in 1 laptops market and valuable opportunities for the players?
How are the regulatory frameworks affecting the global as well as regional markets?
Which are the key players operating in the global market and the strategies adopted by them?
What is the market size and trend in emerging and developed markets?

Chapter 1 Preface 15
1.1 Report Scope and Description 15
1.1.1 Study Purpose 15
1.1.2 Target Audience 15
1.1.3 USP and Key Offerings 15
1.2 Research Scope 16
1.3 Research Methodology 17
1.3.1 Phase I – Secondary Research 17
1.3.2 Phase II – Primary Research 18
1.3.3 Phase III – Expert Panel Review 18
1.3.4 Approach Adopted 18
1.3.4.1 Top-Down Approach 18
1.3.4.2 Bottom-Up Approach 19
1.3.5 Assumptions 20
1.4 Market Segmentation 20

Chapter 2 Executive Summary 21
2.1 Market Snapshot: Global Hybrid (2 in 1) Laptops Market 22
2.1.1 Global Hybrid (2 in 1) Laptops Market, by Screen Size, 2017 (Mn Units) (US$ Mn) 24
2.1.2 Global Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2017 (Mn Units) (US$ Mn) 24
2.1.3 Global Hybrid (2 in 1) Laptops Market, by Age Group, 2017 (Mn Units) (US$ Mn) 25
2.1.4 Global Hybrid (2 in 1) Laptops Market, by Geography, 2017 (Mn Units) (US$ Mn) 25

Chapter 3 Market Dynamics 26
3.1 Introduction 26
3.2 Market Dynamics 27
3.2.1 Market Drivers 27
3.2.1.1 Frequent Product Developments by Leading Manufacturers Fuelling Market Growth 27
3.2.1.2 Growing E-commerce Industry Fuelling Market Growth of 2 in 1 Laptops 28
3.2.2 Market Restraints 29
3.2.2.1 High Price of Hybrid (2 in 1) Laptops 29
3.2.3 Market Opportunities 30
3.2.3.1 Emerging Nations are Expected Drive Future Growth of Hybrid (2 in 1) Laptops Market 30
3.3 Attractive Investment Proposition, by Geography, 2017 31
3.4 Market Positioning of Key Players, 2017 32

Chapter 4 Global Hybrid (2 in 1) Laptops Market, by Screen Size 33
4.1 Overview 33
4.1.1 Global Hybrid (2 in 1) Laptops Market Value Share, by Screen Size, 2017 & 2026 (Value, %) 34
4.1.2 Global Hybrid (2 in 1) Laptops Market, by Screen Size, 2016 – 2026 (Mn Units) (US$ Mn) 34
4.2 10. 1 Inches 35
4.2.1 Global Hybrid (2 in 1) Laptops Market, by 10. 1 Inches, 2016-2026 (Mn Units) (US$ Mn) 36
4.3 11.6 Inches 37
4.3.1 Global Hybrid (2 in 1) Laptops Market, by 11.6 Inches, 2016-2026 (Mn Units) (US$ Mn) 37
4.4 12 Inches/12.5 Inches 38
4.4.1 Global Hybrid (2 in 1) Laptops Market, by 12 Inches/12.5 Inches, 2016-2026 (Mn Units) (US$ Mn) 38
4.5 13.3 Inches/13.5 Inches 39
4.5.1 Global Hybrid (2 in 1) Laptops Market, by 13.3 Inches/13.5 Inches, 2016-2026 (Mn Units) (US$ Mn) 39
4.6 14.0 Inches 40
4.6.1 Global Hybrid (2 in 1) Laptops Market, by 14.0 Inches, 2016-2026 (Mn Units) (US$ Mn) 40
4.7 15.6 Inches 41
4.7.1 Global Hybrid (2 in 1) Laptops Market, by 15.6 Inches, 2016-2026 (Mn Units) (US$ Mn) 41
4.8 17.3 Inches 42
4.8.1 Global Hybrid (2 in 1) Laptops Market, by 17.3 Inches, 2016-2026 (Mn Units) (US$ Mn) 42

Chapter 5 Global Hybrid (2 in 1) Laptops Market, by Distribution Channel 43
5.1 Overview 43
5.1.1 Global Hybrid (2 in 1) Laptops Market Value Share, by Distribution Channel, 2017 & 2026 (Value, %) 44
5.1.2 Global Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Mn) 44
5.2 Online Channel 45
5.2.1 Global Hybrid (2 in 1) Laptops Market, by Online Channel, 2016 – 2026 (Mn Units) (US$ Mn) 46
5.3 Exclusive Stores 47
5.3.1 Global Hybrid (2 in 1) Laptops Market, by Exclusive Stores, 2016 – 2026 (Mn Units) (US$ Mn) 47
5.4 Electronic Stores 48
5.4.1 Global Hybrid (2 in 1) Laptops Market, by Electronic Stores, 2016 – 2026 (Mn Units) (US$ Mn) 48

Chapter 6 Global Hybrid (2 in 1) Laptops Market, by Age Group 49
6.1 Overview 49
6.1.1 Global Hybrid (2 in 1) Laptops Market Value Share, by Age Group, 2017 & 2026 (Value, %) 49
6.1.2 Global Hybrid (2 in 1) Laptops Market, by Age Group, 2016 – 2026 (Mn Units) (US$ Mn) 50
6.2 Below 15 Years 51
6.2.1 Global Hybrid (2 in 1) Laptops Market, by Below 15 Years, 2016 – 2026 (Mn Units) (US$ Mn) 51
6.3 15 Years-24 Years 52
6.3.1 Global Hybrid (2 in 1) Laptops Market, by 15 Years-24 Years, 2016 – 2026 (Mn Units) (US$ Mn) 52
6.4 25 Years-45 Years 53
6.4.1 Global Hybrid (2 in 1) Laptops Market, by 25 Years-45 Years, 2016 – 2026 (Mn Units) (US$ Mn) 53
6.5 46 Years-60 Years 54
6.5.1 Global Hybrid (2 in 1) Laptops Market, by 46 Years-60 Years, 2016 – 2026 (Mn Units) (US$ Mn) 54
6.6 Above 60 Years 55
6.6.1 Global Hybrid (2 in 1) Laptops Market, by Above 60 Years, 2016 – 2026 (Mn Units) (US$ Mn) 55

Chapter 7 Global Hybrid (2 in 1) Laptops Market, by Geography 56
7.1 Overview 56
7.1.1 Global Hybrid (2 in 1) Laptops Market Value Share, by Geography, 2017 & 2026 (Value %) 57
7.1.2 Global Hybrid (2 in 1) Laptops Market, by Geography 2016 – 2026 (Mn Units) (US$ Mn) 57
7.2 North America 58
7.2.1 North America Hybrid (2 in 1) Laptops Market, by Screen Size, 2016 – 2026 (Mn Units) (US$ Mn) 59
7.2.2 North America Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Mn) 60
7.2.3 North America Hybrid (2 in 1) Laptops Market, by Age Group, 2016 – 2026 (Mn Units) (US$ Mn) 61
7.2.1 North America Hybrid (2 in 1) Laptops Market, by Country, 2016-2026, (Mn Units) (US$ Mn) 62
7.3 Europe 63
7.3.1 Europe Hybrid (2 in 1) Laptops Market, by Screen Size, 2016 – 2026 (Mn Units) (US$ Mn) 63
7.3.2 Europe Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Mn) 64
7.3.3 Europe Hybrid (2 in 1) Laptops Market, by Age Group, 2016 – 2026 (Mn Units) (US$ Mn) 65
7.3.4 Europe Hybrid (2 in 1) Laptops Market, by Country/Region, 2016-2026 (Mn Units) (US$ Mn) 66
7.4 Asia Pacific 67
7.4.1 Asia Pacific Hybrid (2 in 1) Laptops Market, by Screen Size, 2016 – 2026 (Mn Units) (US$ Mn) 68
7.4.2 Asia Pacific Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Mn) 69
7.4.3 Asia Pacific Hybrid (2 in 1) Laptops Market, by Age Group, 2016 – 2026 (Mn Units) (US$ Mn) 70
7.4.4 Asia Pacific Hybrid (2 in 1) Laptops Market, by Country/Region, 2016-2026 (Mn Units) (US$ Mn) 71
7.5 Latin America 72
7.5.1 Latin America Hybrid (2 in 1) Laptops Market, by Screen Size, 2016 – 2026 (Mn Units) (US$ Mn) 72
7.5.2 Latin America Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Mn) 73
7.5.3 Latin America Hybrid (2 in 1) Laptops Market, by Age Group, 2016 – 2026 (Mn Units) (US$ Mn) 74
7.5.4 Latin America Hybrid (2 in 1) Laptops Market, by Country/Region, 2016-2026 (Mn Units) (US$ Mn) 75
7.6 Middle East & Africa 77
7.6.1 Middle East & Africa Hybrid (2 in 1) Laptops Market, by Screen Size, 2016 – 2026 (Mn Units) (US$ Mn) 77
7.6.2 Middle East & Africa Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Mn) 78
7.6.3 Middle East & Africa Hybrid (2 in 1) Laptops Market, by Age Group, 2016 – 2026 (Mn Units) (US$ Mn) 79
7.6.4 Middle East & Africa Hybrid (2 in 1) Laptops Market, by Region, 2016-2026 (Mn Units) (US$ Mn) 80

Chapter 8 Company Profiles 82
8.1 Acer Inc. 82
8.2 AsusTek Computer, Inc. 84
8.3 AWOW 85
8.4 Dell 86
8.5 Japan Industrial Partners, Inc. (Vaio) 87
8.6 Lenovo Group Ltd. 88
8.7 Microsoft Corporation 89
8.8 Samsung 90
8.9 The Hewlett Packard Company 91
8.10 Toshiba Corporation 92

List of Figures

FIG. 1 Global Hybrid (2 in 1) Laptops Market: Research Methodology 17
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach 19
FIG. 3 Global Hybrid (2 in 1) Laptops Market Segmentation 20
FIG. 4 Global Hybrid (2 in 1) Laptops Market, by Screen Size, 2017 (Mn Units) (US$ Mn) 24
FIG. 5 Global Hybrid (2 in 1) Laptops Market, by Distribution Channel, 2017 (Mn Units) (US$ Mn) 24
FIG. 6 Global Hybrid (2 in 1) Laptops Market, by Age Group, 2017 (Mn Units) (US$ Mn) 25
FIG. 7 Global Hybrid (2 in 1) Laptops Market, by Geography, 2017 (Mn Units) (US$ Mn) 25
FIG. 8 Attractive Investment Proposition, by Geography, 2017 31
FIG. 9 Global Market Positioning of Key Hybrid (2 in 1) Laptop Manufacturers, 2017 32
FIG. 10 Global Hybrid (2 in 1) Laptops Market Value Share, by Screen Size, 2017 & 2026 (Value, %) 34
FIG. 11 Global Hybrid (2 in 1) Laptops Market, by 10.1 Inches, 2016 – 2026 (Mn Units) (US$ Mn) 36
FIG. 12 Global Hybrid (2 in 1) Laptops Market, by 11.6 Inches, 2016 – 2026 (Mn Units) (US$ Mn) 37
FIG. 13 Global Hybrid (2 in 1) Laptops Market, by 12 Inches/12.5 Inches, 2016 – 2026 (Mn Units) (US$ Mn) 38
FIG. 14 Global Hybrid (2 in 1) Laptops Market, by 13.3 Inches/13.5 Inches, 2016 – 2026 (Mn Units) (US$ Mn) 39
FIG. 15 Global Hybrid (2 in 1) Laptops Market, by 14.0 Inches, 2016 – 2026 (Mn Units) (US$ Mn) 40
FIG. 16 Global Hybrid (2 in 1) Laptops Market, by 15.6 Inches, 2016 – 2026 (Mn Units) (US$ Mn) 41
FIG. 17 Global Hybrid (2 in 1) Laptops Market, by 17.3 Inches, 2016 – 2026 (Mn Units) (US$ Mn) 42
FIG. 18 Global Hybrid (2 in 1) Laptops Market Value Share, by Distribution Channel, 2017 & 2026 (Value, %) 44
FIG. 19 Global Hybrid (2 in 1) Laptops Market, by Online Channel, 2016 – 2026 (Mn Units) (US$ Mn) 46
FIG. 20 Global Hybrid (2 in 1) Laptops Market, by Exclusive Stores, 2016 – 2026 (Mn Units) (US$ Mn) 47
FIG. 21 Global Hybrid (2 in 1) Laptops Market, by Electronic Stores, 2016 – 2026 (Mn Units) (US$ Mn) 48
FIG. 22 Global Hybrid (2 in 1) Laptops Mahybrid-2-in-1-laptops-marketrket Value Share, by Age Group, 2017 & 2026 (Value, %) 49
FIG. 23 Global Hybrid (2 in 1) Laptops Market, by Below 15 Years, 2016 – 2026 (Mn Units) (US$ Mn) 51
FIG. 24 Global Hybrid (2 in 1) Laptops Market, by 15 Years-24 Years, 2016 – 2026 (Mn Units) (US$ Mn) 52
FIG. 25 Global Hybrid (2 in 1) Laptops Market, by 25 Years-45 Years, 2016 – 2026 (Mn Units) (US$ Mn) 53
FIG. 26 Global Hybrid (2 in 1) Laptops Market, by 46 Years-60 Years, 2016 – 2026 (Mn Units) (US$ Mn) 54
FIG. 27 Global Hybrid (2 in 1) Laptops Market, by Above 60 Years, 2016 – 2026 (Mn Units) (US$ Mn) 55
FIG. 28 Global Hybrid (2 in 1) Laptops Market Value Share, by Geography, 2017 & 2026 (Value %) 57

Frequently Asked Questions

What is the size of Hybrid (2 in 1) Laptops Market?

The market for Hybrid (2 in 1) Laptops is expected to reach US$ 6.56 Bn in 2028.

What is the Hybrid (2 in 1) Laptops Market CAGR?

The Hybrid (2 in 1) Laptops market is expected to see significant CAGR growth over the coming years, at 15.0%.

What is the Forecast period considered for Hybrid (2 in 1) Laptops Market?

The report is forecasted from 2019-2027.

What is the base year considered for Hybrid (2 in 1) Laptops Market?

The base year of this report is 2021.

Who are the major players in this market?

Capgemini S.A., EMC Corporation, Hitachi, Ltd., Hewlett-Packard, IBM Corporation, Newgen Software, Inc., Cisco Systems, Inc., SAP SE, SAS Institute, Tata Consultancy Services Ltd. are some of the major players in the global market.

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