Global Ultrabooks Market 2015 Is to Grow at a CAGR of 73.1 % by 2022: Industry Research Report

Deerfield Beach, FL -- (SBWIRE) -- 04/29/2016 -- Global Ultrabooks Market is poised to reach $131 billion by 2022 growing at a CAGR of 73.1% during the forecast period 2015 to 2022. Technological and financial support from intel corporation joined with demand from business users segment will drive growth of the market. The soaring prices of Ultrabooks compared to notebooks and tablet PCs is a key market challenge for manufacturers. In 2015, Ultrabooks are predicted to account for more than 40 percent of global notebook PC shipments. Notebooks seem to be a dying breed in the developed countries though they are popular in growing economies. This is due to additional features such as becoming thinner, lighter and more powerful.