HP retained its place on the high of the Indian PC market amidst an ongoing development in shipments within the second quarter of 2024, as per a report. India has reportedly recorded a 7.1 p.c year-over-year (YoY) development in Q2 2024, noting a rise in cargo quantity in all three classes — desktop, pocket book, and workstation. The three classes grew 5.9 p.c, 7.4 p.c, and 12.4 p.c YoY, respectively. The report highlighted that an elevated demand in each on-line and offline channels resulted within the development.
Indian PC Shipments Rose in Q2 2024
In response to a report by market analysis agency Worldwide Knowledge Company (IDC), India’s PC market famous a cargo of three.39 million models within the second quarter of the continued yr. That is 7.1 p.c greater than the shipments in the identical quarter final yr. The report discovered that the Q2 2024 witnessed a rise in client demand by 11.2 p.c, which required further models to be fulfilled.
Indian PC Shipments Q2 2024
Picture Credit score: IDC
The demand was reportedly seen in each the web in addition to the offline channels. The report additionally mentions that the e-commerce channel grew by a major 22.4 p.c YoY. The industrial section famous a minor improve of three.5 p.c YoY, which was largely pushed by an elevated demand within the small and medium-sized companies (SMB) and huge enterprise segments. It witnessed a development of 12.4 p.c and 33.1 p.c YoY, respectively.
HP retained the highest spot in each industrial and client segments, capturing 33.5 p.c and 29.7 p.c of the market. The corporate additionally dominated the pocket book class and clocked a market share of 34.4 p.c. As per IDC, the expansion was a results of elevated demand for client notebooks and a few key enterprise orders.
Lenovo and Dell Applied sciences consolidated the second and the third place by way of market share. The previous captured 17.5 p.c of the market whereas the latter may solely handle 14.8 p.c share. Notably, Dell misplaced 0.5 p.c share of the market in comparison with Q2 2023. IDC experiences that Lenovo carried out effectively within the SMB section registering a development of 16.5 p.c YoY, whereas Dell primarily discovered development within the client section.
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