India PC Market Grew 2.6% YoY in 1Q2024 with 3.07 Million Items Shipped

INDIA, 16 Might 2024 – In accordance with current information from the Worldwide Knowledge Company (IDC) Worldwide Quarterly Private Computing System Tracker, India’s conventional PC market (inclusive of desktops, notebooks, and workstations) shipped 3.07 million items in 1Q2024, up 2.6% year-over-year (YoY).

The desktop and workstation classes grew by 10.1% YoY and a couple of.7% YoY, respectively, and notebooks declined by 1.7% YoY. Even with diminished demand for notebooks, premium notebooks (>US$1,000) grew by a wholesome 21% YoY.

In 1Q2024, the patron phase grew by 4.4% YoY as a consequence of low volumes in 1Q23 and a few demand coming from e-tail channels throughout Republic Day gross sales in January. The industrial phase grew by 1.3% YoY on the again of 56.9% YoY progress within the authorities phase regardless of a decline in enterprise orders.

“The buyer phase had a 3rd consecutive quarter of YoY progress. Nevertheless, the demand softened from the excessive double-digit progress within the earlier two quarters to beneath 5% progress. Distributors centered on clearing stock, whereas a couple of distributors confronted cargo delays resulting in decrease than anticipated sell-in,” stated Bharath Shenoy, Analysis Supervisor, IDC India & South Asia.

High 5 Firm Highlights: 1Q24

HP Inc. led the market with a share of 30.1% in 1Q24 because it topped the charts in each industrial and client segments with shares of 32.4% and 26.9% respectively. HP continued to guide in each desktop and pocket book classes with 28.9% and 30.4% shares respectively. Nevertheless, its shipments declined by 8.8% YoY as a consequence of diminished enterprise orders and client cargo delays.

Dell Applied sciences was a distant second to HP Inc. with a share of 17.5% in 1Q2024. It, nonetheless, fared effectively in each industrial and client segments with a progress of 32.1% YoY and 20.7% YoY respectively. Dell had one among its finest quarters within the industrial desktop class transport 155k items, up 54% YoY, helped by authorities orders.

Acer Group stood third with a share of 15.4%. It did effectively within the industrial phase in each desktop and pocket book classes, rising by 19.9% YoY and 32.0% YoY, respectively. Its client phase grew by 51.7% YoY, pushed by good momentum in e-tail channels.

Lenovo stood fourth with a share of 15.1% and a decline of 1.3% YoY in 1Q2024. Whereas it was second behind HP within the client phase with a share of 13.5%, it stood fourth within the industrial phase with a share of 16.3%. The seller struggled within the authorities phase however fared effectively within the SMB phase, second behind HP with a share of twenty-two%, rising by 9.4% YoY.

Asus held fifth place with a 5.9% share and a YoY decline of 8.3%. It stood second within the client pocket book class forward of Lenovo, with a share of 16.5%. The seller centered on stock correction in 1Q2024.

Commenting on the outlook, Navkendar Singh, Affiliate Vice President, Gadgets Analysis, IDC Asia/Pacific, stated, “The PC Market in India is dealing with challenges within the industrial phase as a consequence of diminished PC procurement from the IT/ITES sector and world accounts which historically drive important volumes. The market is predicted to begin recovering by the tip of 2024 with refresh shopping for from the enterprise phase. The distributors have additionally fast-tracked the native meeting of economic notebooks, which is able to assist in lowering the imports within the subsequent few quarters.”

Notes:

• Shipments embody shipments to distribution channels or end-users. OEM gross sales are counted beneath the corporate/model beneath which they’re bought.

• Enterprise phase refers to all corporations with 500 and above staff, and SMBs are referred to corporations under 500 staff.

• Conventional PCs embody Desktops, Notebooks, and Workstations and don’t embody Tablets or x86 Servers. Removable Tablets and Slate Tablets are a part of the Private Computing System Tracker however aren’t addressed on this press launch.

-Ends-

For extra details about this report, please contact Bharath Shenoy , Analysis Supervisor, Gadgets Analysis at bshenoy@idc.com . For media inquiries, please contact Michael de la Cruz at mdelacruz@idc.com or Miguel Carreon at mcarreon@idc.com . You may as well observe IDC India’s Twitter and LinkedIn  pages for normal updates on IDC’s analysis & occasions.

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