My India First

My India First

HP: India PC market data largest quarter ever: How HP, Dell, Lenovo and others fared

The Indian conventional PC market, which incorporates desktops, notebooks and workstations, reached 4.5 million items within the third quarter of 2023 (3Q23), making it the most important quarter ever, a report mentioned. The shipments had been up 14% year-over-year (YoY) because the pocket book class grew by 13.1% YoY, whereas the desktop class grew by 19.3%.
In line with the Worldwide Knowledge Company (IDC) Worldwide Quarterly Private Computing Gadget Tracker, whereas the industrial phase was flat, the patron phase grew by 26.3% YoY.
It mentioned {that a} portion of the Gujarat training mission materialised in 3Q23 helped in driving the training phase’s progress of 117.5% YoY. Moreover, the e-commerce channel grew 26.4% YoY after 4 consecutive declines as e-tailers equipped for pageant gross sales.
“The buyer phase noticed robust traction in 3Q23 after a difficult previous 4 quarters. In August, the Authorities of India declared a compulsory requirement of import licenses for PCs from October thirtieth,” mentioned Bharath Shenoy, senior analysis analyst, IDC India.
The choice, nonetheless, was later placed on maintain however distributors shipped vital channel stock to keep away from any dangers of provide shortages or value hikes, Shenoy mentioned, including that this helped them to make sure ample provides for pageant season gross sales.
High 5 firm highlights
HP led the market with a share of 29.4%, topping the charts in each the industrial and shopper segments with shares of 34.3% and 25.9% respectively. It noticed good traction within the training and authorities segments, which helped the seller develop by 33.5% YoY within the industrial phase.
Lenovo grabbed the second spot with a share of 17% however its shipments fell 8.8% YoY. Lenovo, nonetheless, fared nicely within the desktop class with a YoY progress of 32.5% in 3Q23.
Dell Applied sciences was on the third spot with a share of 14.6% with a YoY progress of three.8%. The seller was marginally behind Lenovo within the industrial phase with a share of 20.8% whereas it witnessed a 68.5% YoY progress within the shopper phase.
Asus moved to fourth place with a share of 12.5% and the Taiwanese firm had its largest shopper quarter ever because it shipped greater than 5,00,000 items within the phase for the primary time. It loved a 42.9% YoY progress within the shopper phase whereas its industrial phase grew by 69.9% YoY.
Acer slid to fifth place behind Asus with a share of 11.6% regardless of a powerful YoY progress of 20.9%. Whereas the seller witnessed a 6.7% YoY decline within the industrial phase, its shopper phase grew by 75.7% YoY.
“Up to now few months, the PC market has seen a considerable channel push within the shopper phase and to some extent within the SME phase as nicely. The distributors are actually targeted on rising their native meeting combine as authorities and training initiatives are anticipated to want regionally assembled units,” mentioned Navkendar Singh, affiliate vp, Units Analysis, IDC India, South Asia & ANZ.
He added that this may give an additional increase to the federal government and training segments and the enterprise phase is predicted to say no by over 20% YoY in 2023.



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