Last Updated: February 21, 2024, 09:15 IST
India’s PC market didn’t make a mark in final yr.
Despite progress in some classes, India’s PC market skilled an total decline in gross sales in 2023.
India’s conventional PC market (inclusive of desktops, notebooks, and workstations) shipped 13.9 million models in 2023, down 6.6 per cent (yr-over-yr), with HP main the market, a brand new report confirmed on Tuesday.
According to the International Data Corporation (IDC), the desktop class grew by 6.7 per cent (yr-over-yr), notebooks and workstations declined by 11.1 per cent (yr-over-yr) and 14 per cent (yr-over-yr), respectively.
“Low market sentiments after the pandemic led to reduced consumer demand, resulting in a steep shipment correction in the second half of 2022 and the first half of 2023,” mentioned Bharath Shenoy, Senior Research Analyst, IDC India.
The complete market rebounded within the second half of 2023 (2H23) with 12.9 per cent (yr-over-yr) progress after a weak first half. The fourth quarter of 2023 (4Q23) grew 11.4 per cent (yr-over-yr) as each desktops and notebooks grew by 16.8 per cent (yr-over-yr) and 9.9 per cent (yr-over-yr), respectively.
HP, which led the market, had a share of 31.5 per cent final yr because it topped the charts in each the industrial and shopper segments with shares of 33.6 per cent and 29.4 per cent. respectively, the report mentioned.
Lenovo secured second spot with a share of 16.7 per cent, whereas Dell Technologies stood third with a share of 15.5 per cent because it witnessed a steep decline of 24.5 per cent (yr-over-yr) in 2023.
