In November last year, the Indian PC market, which includes desktops, workstations and notebooks, had a record shipments of 4.5 million units, despite the global shortage of chips. But, according to the latest report from research firm International Data Corporation (IDC), this is the first time the Indian PC market has collapsed below four million shipments in the past four quarters.
The report also suggests that demand in Indian markets over the April-June 2022 period was quite strong and saw 17.8% year-over-year growth. While notebooks continued to drive demand with over 2.6 million units sold, the desktop segment is no different with over a million units sold.
“Online channels have dwindled in the past few quarters. While the high influx into offline channels led to a positive quarter for consumers, growth slowed as schools started opening, thus leading to a reduction in the demand for distance learning, “Bharath said in a press release. Shenoy, Senior Market Analyst, PC Devices, IDC India.
But suppliers are betting on opening colleges and hope that back-to-college promotions coupled with online sales starting late in the third quarter will help restore momentum.
Top 5 PC Providers in India
Although HP Inc experienced a marginal decline in overall sales figures, the company continues to lead the market accounting for 30.8% of total shipments in the second quarter of 2022. The manufacturer performed well in the commercial notebook category thanks to its government agreements and some pending corporate orders.
Dell Technologies also managed to maintain its position as the second most popular PC vendor in the country with a market share of 21.6%. Similar to HP Inc, the company performed particularly well in the commercial segment, but suffered in the consumer market.
Lenovo took third place with 19.6% market share with an impressive 38.8% year-over-year growth in the consumer segment. That said, the company has lost some momentum in the commercial segment due to order delays. In fourth place follows the Acer Group which holds a market share of 8.9%. The company grew 66.7% in the commercial desktop category.
Coming in fifth place, ASUS maintained its position in the market, accounting for 6.1% of total shipments in the second quarter. However, the company experienced 53.3% year-over-year growth, thanks to offline expansion and games that helped it maintain momentum.