The global Chromebooks Market size is expected to reach USD 44.27 Billion in 2028 and register a revenue CAGR of 8.0% over the forecast period, according to the latest report by Reports and Data. Rising demand for technologically advanced and budget-friendly devices from students is driving market revenue growth. Chromebooks are fundamentally lightweight substitutes for laptops/tablets that function on ChromeOS, a Linux-based operating system, which uses Chrome browser for its operations.

Chromebook offers benefits such as cost-effective software. Various single users and enterprises employ G-Suite, which is a combined set of cloud-native cooperation, secure, and productivity app with the capability to manage essential computing requirements smoothly and seamlessly such as email, calendar, chatting, word processing, and spreadsheets, among others, at a very low rate of USD 6.0 per month for the basic package. Apart from G Suite, cost-effective or free browser-based substitutes can also be used such as the free online version of Microsoft Office or entry-level plan of Office 365 that offer users with email facility and cloud-based storage in addition to Word, Excel, OneNote, and PowerPoint, among others.

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Key Players:

Key participants include Lenovo, HP, Asus, Dell, Google, Samsung, Acer, Huawei, Toshiba, and Sony, among others.

Further key findings from the report suggest:

• By product type, Chromebook laptops contributed to the largest market share in 2019. These laptops make extensive use of cloud-computing as compared to traditional laptops and offer advantages such as the software applications that are not required to be saved or run on the built-in storage space of the device. This assists in speed and performance enhancement, improve pupil accomplishment, increases student's enthusiasm and engagement amongst students, and better teacher-student interactions.
• By screen type, the non-touchscreen held a larger market share in 2019. These kinds of screens are cheaper, doesn't put added stress on batteries, leading to faster charge drainage, and are lighter in weight than touchscreens.
• By application, the corporate sector is likely to grow at a rate of 10.1% in the forecast period. Chromebooks are beneficial for business usage, particularly as more and more business software move towards mobile apps and web clients such as apps offered on Google Play.
• North America contributed to the largest market share in 2019 and is likely to grow at a rate of 7.9% in the forecast period. The market dominance of the region is owing to the widespread usage of students in the schools', colleges, universities. In the year 2017, over 60.0% of the demand for Chromebooks was from the education sector.
• In April 2020, ASUS made an announcement about the introduction of the ASUS Chromebook Flip C436, which presents a striking and stylish convertible form factor, highlighting a frameless NanoEdge touchscreen to make the most out of the available display size.

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Market Segmentation:

Product Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

• Chromebook Laptops
• Chromebook Convertibles
• Chromebook Tablets

Screen Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

• Touchscreen
• Non-Touchscreen

Application Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

• Education Sector
• Corporate Sector
• Others

Regional Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Benelux
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa

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Objective of Studies:

• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment by application, product type and sub-segments.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Chromebooks market.

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