India PC market drops 6.6% in 2023: Prime 5 performers revealed |

0
11
India PC market drops 6.6% in 2023: Prime 5 performers revealed |

India’s conventional PC market (inclusive of desktops, notebooks, and workstations) shipped 13.9 million items in 2023, registering a drop of 6.6% on a year-over-year (YoY) foundation, a report mentioned. Whereas the desktop class grew by 6.7% YoY, notebooks and workstations declined by 11.1% YoY and 14% YoY, respectively.
Based on the Worldwide Information Company (IDC) Worldwide Quarterly Private Computing System Tracker, in 2023, the patron phase declined by 3.1% YoY and the industrial phase declined by 9.7% YoY as a result of diminished demand from enterprises.
Nonetheless, the training and authorities segments have been robust in 2023, rising by 80.5% and 18% respectively. As per the market analysis agency, the whole market rebounded within the second half of 2023 with 12.9% YoY progress after a weak first half.
“Low market sentiments after the pandemic led to diminished shopper demand, leading to a steep cargo correction within the second half of 2022 and the primary half of 2023,” mentioned Bharath Shenoy, senior analysis analyst, IDC India.
Within the fourth quarter of 2023 (4Q23), the shipments grew 11.4% YoY as each desktops and notebooks grew by 16.8% YoY and 9.9% YoY, respectively.
“Nonetheless, the choice on import rules, bettering market sentiment, and an aggressive push from distributors ensured a market restoration within the second half of 2023,” Shenoy added.
Prime 5 firm highlights
HP leads the market: HP led the market with 31.5% share and the corporate topped the charts in each the industrial and shopper segments with shares of 33.6% and 29.4%, respectively. The corporate benefited from the rising demand within the training and authorities segments. Good momentum throughout pageant gross sales helped the seller within the shopper phase.
Lenovo a distant second: Lenovo secured the second spot with a share of 16.7%. It witnessed a 17.8% YoY decline in shipments primarily as a result of a slowdown within the SMB phase and its minimal presence within the authorities and training house.
Dell Applied sciences stood third: Dell grabbed a market share of 15.5% because it witnessed a steep decline of 24.5% YoY in 2023 even because it continued to carry second place within the industrial phase with a share of 20% and held fourth place behind Lenovo within the shopper phase with a share of 10.8%.
Acer registers progress: Acer Group stood in fourth place with a share of 12.3%. The corporate grew by 16.1% YoY in 2023 because it held fourth place within the industrial phase with a share of 15.7% and fifth within the shopper phase with a share of 8.7%.
Asus shipped over one million items within the shopper phase in 2023, turning into the final entry within the prime 5. It grew 8.6% YoY with second place within the shopper phase behind HP with a share of 15.1%.