Odisha News Hour

The Indian PC market shrank 6.6% in 2023, with HP & Lenovo holding the largest market shares, according to IDC

<p>According to a new research released on Tuesday, India’s conventional PC industry—which includes desktops, laptops, and workstations—shipped 13.9 million units in 2023, a 6.6% decrease from the previous year. HP dominated the market.</p>
<p><img decoding=”async” class=”alignnone wp-image-426074″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-the-indian-pc-market-shrank-6-6-in-2023-with-hp-amp-lenovo-holding-the-largest-mar.jpg” alt=”theindiaprint.com the indian pc market shrank 6 6 in 2023 with hp amp lenovo holding the largest mar” width=”1004″ height=”669″ title=”The Indian PC market shrank 6.6% in 2023, with HP & Lenovo holding the largest market shares, according to IDC 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-the-indian-pc-market-shrank-6-6-in-2023-with-hp-amp-lenovo-holding-the-largest-mar.jpg 510w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-the-indian-pc-market-shrank-6-6-in-2023-with-hp-amp-lenovo-holding-the-largest-mar-150×100.jpg 150w” sizes=”(max-width: 1004px) 100vw, 1004px” /></p>
<p>The International Data Corporation (IDC) reports that whereas workstations and laptops decreased by 11% and 14%, respectively, over the previous year, the desktop category increased by 6.7%.</p>
<p>According to Bharath Shenoy, Senior Research Analyst at IDC India, “low market sentiments following the pandemic led to reduced consumer demand, resulting in a steep shipment correction in the second half of 2022 and the first half of 2023.”</p>
<p>Following a sluggish first half, the market as a whole recovered in the second half of 2023 (2H23), growing by 12.9% (year over year). The fourth quarter of 2023 (4Q23) had a year-over-year growth of 11.4%, driven by increases in desktop and notebook PC sales of 16.8% and 9.9%, respectively.</p>
<p>According to the survey, HP topped the charts in both the commercial and consumer divisions, with shares of 33.6 percent and 29.4 percent, respectively, and dominated the market with a share of 31.5 percent last year.</p>
<p>Lenovo came in second place with a 16.7% share, followed by Dell Technologies in third place with a 15.5% share. Dell Technologies had a sharp fall of 24.5% (year over year) in 2023.</p>