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Mini PCs Market Outlook - 2030
Mini PCs, also known as minicomputers or mid-range computers, are a variant of computers that possess most of the features and capabilities of a large computer but is smaller in physical size. A Mini PC is a small-sized, inexpensive, low-power, legacy-free desktop computer designed for basic tasks such as web browsing, accessing web-based applications, document processing, and audio/video playback. Mini PCs or small form factor PCs can be much more powerful, being equipped with high-end laptop components or mid-range desktop components.
Minicomputers have all the features of large size computers and some are more powerful than conventional desktops, making them a highly-touted solution in the modern workplace. The storage capacity, high processing power, and low maintenance costs of Mini PCs give them the ability to handle more than simply routine tasks. They rise above being small in size, offering a wide range of benefits to enterprises and users. All these factors are assisting the growth of mini PCs market share globally.
The global mini PCs market is segmented on the basis of type, application, industry vertical and region. Based on type, the market is divided into smartphone, tablet PCs, iPads, and desktop mini PCs. In terms of application, the market is categorized into gaming, commercial office, media & entertainment, and others. On the basis of industry vertical, the market is divided into healthcare, retail, education & training, banking, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global mini PCs industry include Acer, Apple, Asus, Dell, HP, Intel, Lenovo, Elitegroup, ASRock, Hasee. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global mini PCs market.
COVID-19 Scenario Analysis
Top Impacting Factors
The increase in workforce mobility, low power consumption, and small form factor allow for much “cleaner” displays. Also, the mini PC can be attached to the back of the screen to make the space wire free and uncluttered these are the benefits due to which the digital signage and other sectors are adopting the mini PCs in their work. However, the lack in upgradability and optical drive, small screen size and less storage capacity hinder the Mini PCs market opportunity. Contrarily, investments in automations, increasing gaming industry, companies changing traditional PCs with new mini PCs present new opportunities for the Mini PCs market growth.
New Product Launches to Flourish the Market
New products that contain improved capabilities have been launched by the leading market players. The personal computer market started with desktop PCs such as the MITS Altair, Apple II and IBM PC. There are a range of mini PC products on the market today. Many are powered by the latest Intel Core i5 or i7 processors, giving a great performance in a small form factor PC.
Intel Core processors and Microsoft Windows 10 have been optimized to work better together. Mini PCs with the latest Intel Core processors and Windows 10 Pro offer improved performance and security features compared with older computers, enabling employees to remain productive and businesses to stay In last year i.e. 2020 the apple has launched mini pc named “Apple Mac mini” which is the best version of apple’s compact desktop computer. As one of the first Macs outfitted with Apple's M1 processor, it offers a lot of power at a more affordable price than ever before.
Surge in Usage in IT Space and Industrial Applications
Mini PCs are rapidly emerging as the cost-effective computing solution for business needs across the industry domain. Total Cost of Ownership (TCO) is the major advantage Mini PCs offer over traditional desktops, hence becoming popular in the corporate sector. As the name suggests, Mini PCs save on a lot of space and power consumption, which drastically brings down the overhead cost of maintaining the system.
Hence, industries, who want to keep their IT expenditure in check, prefer Mini PCs. Industries such as Education, and Healthcare are the biggest buyers of Mini PCs. Similarly, industries which run fixed internet-based applications such as Digital Signage or Digital displays are other potential buyers of such solutions. The rising awareness about the utility of Mini PCs is also boosting the demand across the industry verticals. Thus, prominent IT vendors have come up with a wide range of Mini PCs to address the rising demand for the small form factor solutions.
While the Desktop business is experiencing several highs and lows, Mini PCs seems to be a rising business for PC vendors. The market is huge and there are many untapped areas where Mini PCs can be positioned effectively. Therefore, leading PC vendors such as Intel, ECS, and Asus are betting big on this business. Intel NUC, ECS LIVA, Asus MiniVivo PC and Mini Stick PC are few of the popular models that have already created a lot of buzz in the market and are expected to trigger the demand in the coming days.
Key Benefits of the Report
Questions Answered in the Mini PCs Market Research Report
Mini PCs Market Report Highlights
Aspects | Details |
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By Type |
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By Application |
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By Industry Vertical |
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By Region |
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Key Market Players | Intel, Elitegroup, Apple, HP, Hasee, Lenovo, Asus, ASRock, Acer, Dell |
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