GLOBAL NOTEBOOK MARKET ANALYSIS
Increasing penetration of smartphones is one of the major challenges for growth of the market
Increasing penetration of smartphones is one of the major challenges for growth of the market. According to the Coherent Market Insights analysis, the number of smart phone users was 2.5 billion in 2016 and it has grown up to 2.38 billion in 2017, globally. Advancement in technology in smartphones have enabled devices to offer same services as laptop, tablets, and notebooks. Several benefits offered by smartphones over notebooks are compact size, light weight, and easy mobility, which have increased its adoption over other devices. Therefore, these factors are responsible for hindering growth of the notebook market over the forecast period.
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