Factors Influencing Demand and Supply Economic

Introduction: According to Ferguson, "Demand is said to be the quantities of a commodity that the consumers will be able to buy at each possible price during a given period, other things being equal. For some years now, portable computers prices have been steadily falling throughout the face of demand increase.

This essay will concentrate on individual determinant factors of Supply and Demand in the portable Computers market, but this report was prepared using in-depth market analysis. Looking at the yearly prices and sales of Portable Computer system, various laptop suppliers are being considered in this report. The descriptions of certain factors influencing Demand and Supply of portable computer, diagrams are provided to determine the future of the market. Different articles and websites provided good assistance which was located in college library.

Research Methodology: The mode of the research is qualitative.

Research Instruments: Books, Internet, classroom lectures and research articles

Main Body: as of 2008, the total number of Portable PC in use globally has reaches billions, while another was expected to arrive in 2015. Mature laptop markets like in the USA, European states, and Japanese cities accounted for about 59% of global installed Portable Computer systems. Rising markets were projected to triple their installation of Portable Computer around 2014 and will take 75% of billions in Portable Computer. Now about 185million Portable Computer (16percent of existing installation base) are projected to be replaced and 40million will be drop in 2009. The whole installation base system grew 13% yearly.

Factors influencing Demand and Supply of Portable Computers; Laptop Computers prices has been on the decline year in year out as more competitions enters the market with new and innovative products and brainstorming visions in research and development are progressing. Meanwhile, there’s an increasing demands, but if the price got so high the demand for portable Computers would be less.

Request for Portable Computers and all its accessories have gradually been on the increase. Many developers competing in the market as at today are giving services in laptop, desktop PCs and various network servers. The illustration below gives insight of the increase and decrease in demand:

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The law of the application requires quantity to moves to opposite’s direction of the price, the effects are observed in a downward level of a demand curve. Most requests of portable computers have kept increasing because of various aggressive innovative competitors, researchers and developers. An intensive commercial on newsletters, radio, Television media and the web has helped to increase the demand for Portable Computer and accessories. Developers have been trying to launch a product with the latest innovations to participate with the market with competitors. Portable Computers are now mostly in all area of defense organization, medical laboratory etc., people will demand for electronic innovations and technological developers in future.

Portable computer are becoming popular in communities and the world and for a many of reasons. The right designated considerations to what someone will look for in purchasing a portable computer. Still, insight obtain will make buyers make more accurate and informed consideration when going for a computer with a personal need and desires. Firstly, the most rational decision when buying laptops is that it is the buyer’s choice to choose. Laptop computer are design to be smaller and more portable.

Various changes in technologies will continue to affect the outlook of the computer market during the coming years. New innovative demand for cheap ultra slim laptops named netbooks will be created by the new competitions like ASUSTek and then forced corporations to change their mode of business to succeed. Technologies like cloud hosted on virtual desktops will change the requirements for the Laptop markets so many competitive products with similar or more enhanced innovative function can affect the stable and unstable request for the product. Since the portable computer market represents different segments of the wider market, the data describing the market is also very important in analysis of the portable computer market. In Accordance to the Law of demand, if certain price of a product increases, it is required then that substitute innovation will increase, but if the laptop price goes high then the demand for portable computer will rise as well as we can observe below: