India’s PC Market Shrinks For Fourth Consecutive Quarter: IDC Report – News18

Published: August 19, 2023
HP led the market in the second quarter of 2023, holding a share of 31.1%

HP led the market within the second quarter of 2023, holding a share of 31.1%

Despite rising by 5.9 per cent quarter-over-quarter (QoQ), India’s PC market skilled a 15.3 % decline year-over-year (YOY) in 2Q23.

India’s conventional PC market, together with desktops, notebooks, and workstations, confronted challenges because it dispatched solely 3.2 million models in the course of the second quarter of 2023 (2Q23), in line with new report from International Data Corporation (IDC).

Despite rising by 5.9 per cent quarter-over-quarter (QoQ), India’s PC market skilled a 15.3 % decline year-over-year (YOY) in 2Q23 (Apr-Jun), as indicated by IDC’s Worldwide Quarterly Personal Computing Device Tracker.

As per IDC, in the course of the second quarter of 2023 (2Q23), all product classes witnessed a year-over-year (YoY) decline.

“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. ,” mentioned Bharath Shenoy, Senior Market Analyst, IDC India.

According to the report, HP led the market within the second quarter of 2023 (2Q23), holding a share of 31.1 per cent. It showcased a robust efficiency in each the buyer and business segments. Lenovo secured the second spot with a 16.2 per cent share however skilled a 30.2 per cent YoY decline.

Dell Technologies adopted in third place with a 15.3 per cent share. Acer Group claimed the fourth place, contributing an 11.4 per cent share. ASUS maintained the fifth rank with a 7.2 per cent share.

With robust offline channel growth, the seller continued to do properly within the shopper phase because it got here second behind HP and forward of Lenovo with a share of 14.8 per cent, the report famous.

Also, the pocket book class, a big quantity driver, noticed an 18.5 per cent YoY lower, whereas the desktop class, beforehand on a progress path, additionally declined by 7.0 per cent YoY. Both shopper and business segments skilled reductions, with shopper dropping by 17.0 per cent and business by 13.8 per cent YoY, the report mentioned.

The training and authorities segments continued to drive the PC market whereas the enterprise phase continued to battle. Government-driven training initiatives for a number of states like Madhya Pradesh, Gujarat, and Tamil Nadu propelled the training phase, which grew by 43.7 per cent YoY.

Source web site: www.news18.com