Question

Hp laptop

Size of market                                                                                                                      

Industry Insights

Growth rate of market Report

Answer 1

Hewlett-Packard Company (HP)

Hp is the American multinational information technology company headquartered in Palo alt, California. it developed and provided a wide variety of hardware components as well as software and related service to consumers, small and medium sized business and large enterprises, including customers in the government, health and education sector. in 1999, split into two companies: one retaining the original company name, the others name Agilent technologies. the first product line of hewett Packard test and measurement equipment, went to Agilent technologies, while HP retained focus on its later products including computers and printers. in 2015, Hp again split into two separate companies, Hp Inc. and Hewlett Packard Enterprise.

En.m.wikipedia.org. Hewlett packard-Wikipedia,https://en.m.wikipedia.org/wiki/Hewlett-Packard

Market size of HP

Global laptop sale totaled $101.3 billion in 2017, with 161.6 million units shipped worldwide. the market was dominated by six large PC manufactures : HP, Lenovo, Dell, Apple, Asus, and Acer. companies like Toshiba, MSI, Microsoft and Samsung also ranks high. according to a study conducted by Grand View Resercher, global laptop sale are estimated to expand at a compound annual growth rate of jut .4% through 2025. unit shipment are projected to rise at a CAGR of 1% to be registered during the same period. in 2017 Hp hit a milestone, shipping 40 million units despite a general decline in the global laptop sale. the figurs represented a 10.5% increase over 2016. HP lost the lead by a thread in 2018, most market watchers agree, aquirring 21.7% of global share compared to Lenovos 22.5%.

Combined Desktop/Laptop Market Share in US IN 2018

1. Hp - 30%
2. Dell - 24%
3. Lenovo - 14%
4. Apple - 12%
5. Acer - 8%
6. Asus - 4%

Fortunly.com.Laptops by the Number : Market Shares and more,https://fortunly.com/blog/lap-top.market-share/#gref

HP Market Geowth

In the first quarter of 2020, HP market share of global PC shipments stood at 20.5%, marketing HP the second largest PC vendor overall behind only Lenovo. HP's PC market share has mostly increased since 2012, reflecting an overall trend of consolidation within the PC market. the combined share of global PC shipments of the three major vendors in the in the market has rise from around 40% in 2020.

In addition to consolidating, the total unit sales of personal computers have declined over the past decade as well. Hp hs responded to this by building up its products offering for gamers, as this lucrative section of consumers upgrade their unites fairly frequently and spend significant sums of money on their computers.

HP Market share of PC unis shares of shipment worldwide from 2018 to 2020 by quarter

Q1 20 - 215%

Q4 19 - 22.8%

Q3 19 - 22.4%

Q2 19 - 22.2%

Q1 19 - 21.5%

Q4 18 - 22.2%

Q3 18 - 21.7%

Q2 18 - 21.9%

Q1 20 -20.7%

Statista.com.HP Inc PC market share 2011-2020,https://www.statista.com/statistic/298967/pc-shipment-worldwide-hp-market-share/