India’s PC market shrank by 11.7 percent in Q3, 2022, after growing for the past two years – The New Indian Express | Media Pyro

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With Express News Service

NEW DELHI: As telecommuting is building backlog in the country, the traditional PC (personal computer) market, after two consecutive years of growth, reported an 11.7% year-on-year (YoY) decline in Q32022 (July-Mid Autumn).

According to the International Data Corporation’s (IDC) Quarterly Global Computing Device Tracker report, every segment except government saw a decline, which grew 91.5% YoY as orders were completed, resulting in strong growth for third quarter in a row.

“India’s PC market, including desktops, notebooks, and workstations fell 11.7% YoY in Q32022 after eight consecutive quarters of growth despite strong shipments of 3.9 million units,” reads the report. According to the report, desktop and workstation categories grew by 23.4% and 17.6% YoY, respectively, while the notebook category fell by 19.5%. The consumer segment shipped 2.1 million units.

Online sales helped pick up momentum at the end of September. However, that was not enough to prevent a 10.9% YoY drop. While demand for premium notebooks (above $1,000) fell 28.5% YoY in the commercial segment, premium consumer notebooks grew 9.8%. Apple’s strong performance and good traction for ASUS gaming notebooks were the main drivers.

“With schools and colleges opening, consumer demand has been waning over the past few months as demand for distance learning has stalled. A weak currency has led to rising device costs and pricing pressure for vendors,” said Bharath Shenoy, market analyst, IDC India. In terms of companies, HP Inc. got. the best place in the market with a 23.9% share in 3Q22.

It shipped over 940,000 units. Lenovo overtook Dell for second place with a 21.9% share, thanks to online sales. Dell Technologies, with a 16% market share, slipped to third place. Acer was fourth with a 10.9% market share. ASUS retained fifth place with a 9.9% share.

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