Gaming laptop market has ballooned from $1 billion to over $12 billion in the past five years
We already knew that gaming laptops have been steadily growing in sales, but we had no idea of its skyrocketing market cap. During Nvidia's investors call earlier this month, the green chipmaker revealed that the gaming laptop market had expanded by over 10x in just five years to reach over $12 billion USD by the end of 2018. Nvidia leveraged the impressive numbers to ensure its investors that the consumer GPU market is at a healthy spot even if the cryptocurrency market has been cooling off. The company will be expanding its portfolio of Max-Q laptops this year to drive even more sales.
The outlook for gaming laptops also seems bright. According to an Intel press briefing on 9th gen Core H-series at GDC last week, the company is projecting a 19 percent YoY growth in gaming laptop sales for 2019. Intel is certainly ready to invest even more money on gamers with its impending discrete GPU solution coming next year.
More and more OEMs have been creating their own families of gaming laptops over the past few years to grab a piece of the lucrative pie. The Lenovo Legion series, for example, was born from the IdeaPad Y series while the current Dell G series was originally part of Dell's Inspiron series. HP has revived its Omen brand as well to cater to enthusiast gamers.
Sales of traditional laptops and Ultrabooks have been falling in contrast to the growing gaming market. Tablets, convertibles, and 2-in-1 solutions are becoming decent alternatives for many home users.