Carlos Alcaraz defeated seven-time champion Novak Djokovic to claim his first Wimbledon title on Sunday, shattering the Serb's dream of a record-equalling 24th Grand Slam crown.

World number one Alcaraz recovered from dropping the first set and saving a set point in the second to win 1-6, 7-6 (8/6), 6-1, 3-6, 6-4 after four hours and 42 minutes on Centre Court.

It was a second major for the 20-year-old Spaniard following his US Open title last year as he became Wimbledon's third youngest men's champion.

The result will also spark feverish speculation over the start of a generational shift, with 36-year-old Djokovic carrying the torch of the 'Big Three' now that Roger Federer is retired and Rafael Nadal is sidelined, perhaps permanently.

Australian Open and French Open champion Djokovic had been bidding to equal Federer's record of eight Wimbledon titles, match Margaret Court's all-time mark of 24 Slams and become the All England Club's oldest men's champion.

When he won his first major at the Australian Open in 2008, Alcaraz was still three months shy of his fifth birthday.

"You inspire me a lot," Alcaraz told Djokovic after becoming the third Spanish winner of the title, following in the footsteps of Manuel Santana in 1966 and Nadal in 2008 and 2010.

"I started playing tennis watching you. Since I was born you were already winning tournaments. It is amazing," he added with a smile after firing 66 winners past the Serb, off-setting his 45 unforced errors.

Djokovic was playing in his ninth final at Wimbledon and 35th at the majors, while for Alcaraz it was just a second in the Slams following his US Open triumph.

"What a quality at the end of the match when you had to serve it out," said Djokovic, who had been chasing a fifth successive Wimbledon crown. (AFP)