Surface Computing Market to Reach $225.6 Billion by 2027

Strategic Insights -

The surface computing market has been growing significantly, driven by increasing demand for computers and innovative product launches. According to a report by ReportLinker, the global surface computing market grew from $47.38 billion in 2022 to $64.96 billion in 2023 at a compound annual growth rate (CAGR) of 37.1%. The market is expected to reach $225.6 billion by 2027, with a CAGR of 36.5%. This growth is attributed to the adoption of surface computing technology in various industries, including automotive, education, entertainment, finance, government, healthcare, and hospitality.

Key Takeaways:

  • The surface computing market grew from $47.38 billion in 2022 to $64.96 billion in 2023, representing a CAGR of 37.1%.
  • The market is expected to reach $225.6 billion by 2027, with a CAGR of 36.5%.
  • North America was the largest region in the surface computing market in 2022, followed by Asia-Pacific.
  • The fastest-growing region in the forecast period is Asia-Pacific.
  • The main types of surface computing are flat and curved displays, with flat displays being the most popular.
  • Increasing demand for computers is driving the growth of the surface computing market.
  • Product innovation is a key trend gaining popularity in the surface computing market.
  • Major companies operating in the surface computing market are focusing on developing innovative solutions to strengthen their position in the market.
  • Microsoft Corporation launched its first surface laptop studio computer in September 2021, featuring a new haptic trackpad and Surface Slim Pen 2.
  • Advanced Micro Devices Inc. partnered with Microsoft Corporation in April 2021 for an undisclosed amount.
  • The countries covered in the surface computing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Statistics:

  • The global surface computing market grew from $47.38 billion in 2022 to $64.96 billion in 2023, representing a CAGR of 37.1%.
  • The market is expected to reach $225.6 billion by 2027, with a CAGR of 36.5%.
  • 348.8 million PCs were shipped worldwide in 2021, up 14.8% from 202 million.
  • Worldwide shipments of Traditional PCs reached 92.7 million units during the fourth quarter of 2021 (4Q21), representing a 1.0% increase over the same quarter in 2020.

Sources:

  • ReportLinker.com
  • International Data Corporation (IDC)
  • Microsoft Corporation
  • Advanced Micro Devices Inc.