Market Insights Consumer Consumer Electronics Computing

Laptops - Laos

Laos

Laos is a country that has seen significant growth in the Laptops market.
In 2024, the revenue in this market reached a substantial amount of US$15.7m.
Looking ahead, the market is projected to experience an annual growth rate of 7.20% from 2024 to 2029, according to the Compound Annual Growth Rate (CAGR).
When comparing the revenue generated globally, it becomes clear that in the United States takes the lead in the Laptops market.
In 2024, in the United States generated a staggering revenue of US$12,210.0m, surpassing other countries by a considerable margin.
To put the revenue figures into perspective, we can look at the per person revenues in relation to the total population.
In 2024, per person revenues in the Laptops market amounted to US$2.04, indicating the market's significance in providing economic opportunities.
Moving beyond revenue, let's take a closer look at the volume of laptops expected in the market.
By 2029, the volume is projected to reach 45.2k pieces units, representing a steady growth trajectory.
Specifically, in 2025, the Laptops market is estimated to show a volume growth of 5.5%.
To understand the volume's impact on individuals, we can examine the average volume per person in the Laptops market.
In 2024, each person is expected to have access to 0.0pieces laptops on average.
Overall, in Laos is witnessing impressive growth in the Laptops market, with significant revenues and an increasing volume of laptops.
The market's potential for further expansion presents exciting opportunities for both businesses and consumers in the country.
The demand for high-performance laptops in Laos has surged, driven by the growing tech-savvy population and increased access to digital education.

Key regions: India, Germany, United Kingdom, Brazil, United States

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on electronic and digital devices used privately either for entertainment (televisions, game consoles, smart speakers, etc.), communication (telephones, smartphones, etc.) or home-office activities (printers, copiers, etc.).

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, number of internet users, smartphone penetration rate, household number and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.