India's PC Market Declined for a Fourth Consecutive Quarter, Shipping 3.2 Million Units in 2Q23
August 17, 2023 | IDCEstimated reading time: 2 minutes
The India traditional PC market, inclusive of desktops, notebooks, and workstations, continued to struggle as it shipped 3.2 million units in 2Q23. Despite growing by 5.9% quarter-over-quarter (QoQ), it declined by 15.3% year-over-year (YOY) in 2Q23 (Apr-Jun), according to new data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
In 2Q23, all the product categories declined YoY. While the volume driver notebook category declined by 18.5% YoY, the desktop category, which had been on a growth trajectory until last quarter, also declined by 7.0% YoY. Both the consumer and commercial segments were in the red, declining by 17.0% and 13.8% YoY respectively.
The education and government segments continued to drive the PC market while the enterprise segment continued to struggle. Government-driven education projects for a few states like Madhya Pradesh, Gujarat, and Tamil Nadu propelled the education segment, which grew by 43.7% YoY. The fulfillment of several state high court orders helped the government segment grow by 8.2% YoY. Premium notebooks (>US$1,000) declined by 30.7% YoY primarily due to very limited enterprise orders. However, there was some optimism as the premium notebook category witnessed a strong 39.0% QoQ growth. The online channel declined by 15.8% YoY but has started picking up and is expected to do well in next quarter.
“The India consumer PC segment has started showing signs of recovery as market sentiment is improving. Despite a YoY double-digit decline, it clocked a strong double-digit QoQ growth. PC vendors successfully ran college campaigns and got good traction. The improved performance of their e-tail channels has also provided much needed respite to the consumer segment,” said Bharath Shenoy, Senior Market Analyst, IDC India.
Top 5 Company Highlights: 2Q23
HP Inc. led the market with a share of 31.1% in 2Q23 anda strong showing in both the consumer and commercial segments. While strong demand for gaming notebooks and good traction in brand stores helped the vendor to hold a share of 29.5% in the consumer segment, strong demand in government and education segments helped the vendor to hold a commercial share of 32.6%. It also witnessed a YoY growth of 9.5% in the SME segment.
Lenovo stood second with a share of 16.2% but declined by 30.2% YoY. It was third in both the consumer and commercial segments with a share of 13.0% and 18.9% respectively. The vendor, however, was second behind HP in the SME segment with a share of 25.8%.
Dell Technologies stood third with a share of 15.3%. The vendor was marginally ahead of Lenovo in the commercial segment as it held a share of 19.1% but held a meagre 11.0% share in the consumer segment. The vendor focused on profitability and stayed away from tenders where aggressive pricing is required. Also, it shipped lower volume as it restored channel inventory to a healthy level.
Acer Group stood fourth with a share of 11.4%. The vendor is faring much better in the desktop category as it came second behind HP with a share of 21.9%. It led the commercial desktop category with a share of 29.8% driven by increased demand from the government segment. It also witnessed strong demand in the consumer segment which eventually helped the vendor to grow in the total market by 8.2% YoY.
ASUS held fifth position with a share of 7.2%. With strong offline channel expansion, the vendor continued to do well in the consumer segment as it came second behind HP and ahead of Lenovo with a share of 14.8%.
Suggested Items
IDTechEx Discusses Low-Loss Materials: The Enabler of Future Connected Vehicles?
05/06/2024 | IDTechExFuture connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience. Not only will drivers get access to more navigation and entertainment options, but they will also gain access to safety technologies that will potentially reduce accidents, improve congestion, and reduce emissions globally by allowing vehicle safety systems to communicate with each other and with city traffic infrastructure.
HBM Prices to Increase by 5–10% in 2025, Accounting for Over 30% of Total DRAM Value
05/06/2024 | TrendForceAvril Wu, TrendForce Senior Research Vice President, reports that the HBM market is poised for robust growth, driven by significant pricing premiums and increased capacity needs for AI chips.
Tablet Shipments Show Signs of Recovery in Q1 2024
05/06/2024 | IDCAfter more than two years of decline, worldwide tablet shipments posted modest year-over-year growth of 0.5% in the first quarter of 2024 (1Q24), totaling 30.8 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
Industrial PC Market Size to Record $1.75 Billion Growth from 2023-2027
05/03/2024 | PRNewswireThe global industrial pc market size is estimated to grow by USD 1.75 billion from 2023 to 2027, according to Technavio. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of almost 6.29% during the forecast period.
Real Time with… IPC APEX EXPO 2024: Direct Imaging Equipment and Quad-wave DLP Light Engine Technology
05/03/2024 | Real Time with...IPC APEX EXPOGuest Editor Kelly Dack and MivaTek's Brendan Hogan delve into the company's innovative technologies, including direct imaging equipment and quad-wave DLP light engine technology. They highlight the benefits of direct imaging, compensation, and DART technology.