Global PC Market Sees 15% Revenue Growth Despite Decline in Notebook Shipments

In the context: Since the beginning of 2020, PC sales have been steadily increasing, mainly due to the growth caused by the Covid-19 pandemic. With millions of consumers working from home, the demand for both personal and work computers has skyrocketed. However, this trend is finally starting to slow down and even reverse – at least to some extent.

As of Q1 2022, global desktop and laptop shipments have declined. dropped by three percent, compared to the all-time high of the first quarter of 2021 of 82.4 million people. This year, that number has dropped to around 80.1 million. HP was the hardest hit in this regard, shipping about 15.8 million units in the first quarter of 2022, compared to the 19.2 million they managed to move in the previous year.

Lenovo is next in line, with deliveries down about two million from a year ago (from 20.3 million to 18.3 million). Other major PC and laptop vendors, including Dell, Apple, Asus and Others, posted modest shipment growth, but it wasn’t big enough to offset a broader decline driven by lower relative performance from HP and Lenovo.

There are several potential reasons for these changes, but tech research firm Canalys says short-term price increases (driven by, among other things, the conflict in Ukraine) and a natural slowdown as the world adjusts to life amid a global pandemic. main contributors. The ongoing shortage of chips is certainly not helping either, as the supply of components cannot keep up with demand, further pushing up prices and pushing consumers to wait and see.

With all these hurdles in mind, Canalys still believes that the PC industry as a whole will remain strong through the end of the year; at least in the corporate and IT sectors. More than 50% of active devices are “over four years old,” the research firm notes, meaning that mass “device upgrades” are likely to happen sooner rather than later.

Indeed, despite falling shipments in the notebook sector, overall PC industry revenue growth last year was more than 15 percent, reaching a total of $70 billion. This was partly due to a 12 percent increase in desktop PC shipments, although sales of such machines still pale in comparison to their notebook counterparts, with the former accounting for 16.8 million of total shipments versus the latter’s 63.2 million.

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