PC market touches the highest growth in 10 years

PC market

As per reports , the global PC market grew by 13% in the third quarter of 2020 as compared to the same period last year. The number rose to whopping 79.2 million units in the third quarter of 2020, as per Canalys. This was the biggest growth ever seen in the last 10 years, the tech market analyst Canalys said.

Over the course of the year 2020 till date, shipments in PC market saw a weak first quarter which was followed by a recovery in the second quarter. The recovery continued till third quarter. The overall sale of notebook shipments in PC market was 64 million units, which was very close to Q4 2011 sales (64.6 million). The demand in this category saw a surge due to the second wave of the COVID-19 pandemic which forced many employees to work remotely from their homes. Laptop and mobile workstation shipments rose 28.3% year over year and on the other hand, desktops and desktop workstations shipments saw a decline of 26%.

In terms of number of units sold, Lenovo stood at first place with a growth rate of 11.4% and its shipments reaching beyond 19 million units. HP earned the second spot with the growth rate standing at 11.9% and its shipments reaching 18.7 million units. Dell earned the third spot with its shipments reaching 12 million units but with a drop in growth rate of 0.5%. The fourth and fifth places were held by Apple (growth at 13.2%) and Acer (growth at 15%), both selling close to 6 million and 5 million units respectively in the PC market.

“Vendors, the supply chain, and the channel have now had time to find their feet and allocate resources towards supplying notebooks, which continue to see massive demand from both businesses and consumers,” Canalys said.

In second quarter, wherein the vendors were more focused on high- value markets, vendors have now been able to concentrate on the wider range of other countries as well. Also much support has been offered by the governments of many countries after a realization that PC access is very important to run the economic activities during this COVID times. Need to continue the education and learning remotely has also pushed the numbers high.

What’s in future for PC market?

“The lasting effects of this pandemic on the way people work, learn and collaborate will create significant opportunities for PC vendors in the coming years,” added Canalys. Looking at the changes that this pandemic has forced on us, the focus on differentiation in product portfolios for segments like education and gaming can definitely provide more opportunities for growth in this industry.

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