IDC: PC Market Shrinks 29% in Q1 on Weak Demand
The PC market had another disappointing quarter, with global shipments contracting 29% from a year ago according to the latest IDC report. Based on preliminary data, the total number of PCs sold in January-March totaled 56.9 million units, down 23.3 million units from the total for the first quarter of 2022. All top five vendors PCs are seeing double-digit declines, with Apple being the worst with a 40.5% gap between Q1 2022 and Q1 2023.
Market share of the top 5 PC companies in the first quarter of 2023
Lenovo remained the global leader in total shipments with 12.7 million units and a market share of 22.4%. HP came second with 12 million shipments and a 15.8% market share while Dell completed third place with 9.5 million shipments accounting for 13.7% of the market. Apple came in fourth place with 4.1 million shipments and a 7.2% market share while Asus was fifth with 3.9 million shipments and a 6.8% market share.
| Top 5 Traditional PC Companies, Global Shipments, Market Share and Year-over-Year Growth, Q1 2023 | |||||
| Supplier | Q1 2023 shipments (millions) | Q1 2023 market share | Q1 2022 shipments (millions) | Q1 2022 market share | Annual growth |
| Lenovo | 12.7 | 22.4% | 18.3 | 22.8% | -30.3% |
| HP | 12.0 | 21.1% | 15.8 | 19.7% | -24.2% |
| Dell | 9.5 | 16.7% | 13.7 | 17.1% | -31.0% |
| Apple | 4.1 | 7.2% | 6.9 | 8.6% | -40.5% |
| Asus | 3.9 | 6.8% | 5.6 | 6.9% | -30.3% |
| Others | 14.7 | 25.9% | 19.9 | 24.8% | -26.0% |
| Total | 56.9 | 100% | 80.2 | 100% | -29.0% |
| Notes: Percentages may not add up to 100% due to rounding Source: IDC Quarterly Personal Computing Device Tracker, April 2023 |
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The latest PC crisis was caused by persistently weak consumer demand, excess inventory and economic market instability. The coming months don’t look good for PC vendors, with IDC experts predicting a return to growth by the end of this year.
Source
Tech
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