PC Recovery Continues as the Market Grows 3% in the Second Quarter, According to IDC
July 09 2024 - 11:00AM
Business Wire
The Traditional PC market delivered its second quarter of growth
following seven consecutive quarters of decline. According to
preliminary results from the International Data Corporation (IDC)
Worldwide Quarterly Personal Computing Device Tracker, worldwide
shipments reached 64.9 million units in the second quarter of 2024
(2Q24), representing year-over-year growth of 3.0%. While the
overall market benefited from favorable comparisons to 2023, weak
results in China continued to hold the market back. Excluding
China, worldwide shipments grew more than 5% year over year.
"Make no mistake, the PC market just like other technology
markets faces challenges in the near term due to maturity and
headwinds," said Ryan Reith, group vice president with IDC's
Worldwide Device Trackers. "However, two consecutive quarters of
growth, combined with plenty of market hype around AI PCs and a
less sexy but arguably more important commercial refresh cycle,
seems to be what the PC market needed. The buzz is clearly around
AI, but a lot is happening with non-AI PC purchasing to make this
mature market show signs of positivity."
In recent months, most of the industry players have laid out
their initial strategies for AI PCs focusing primarily on the
component side and the potential of the commercial market. While
IDC believes the commercial market has the biggest short-term
upside for AI in the PC industry, the consumer story has yet to be
told in full. All eyes are on Apple to drive that message later
this year with anticipated product launches, but it shouldn't be
overlooked that Qualcomm, Intel, and AMD are all likely to make
noise around both consumer and commercial AI PCs.
"Outside the commercial refresh cycle, promotional activity from
consumer-oriented brands and channels have helped bolster the
segment," said Jitesh Ubrani, research manager with IDC's Worldwide
Mobile Device Trackers. "The market has also moved past the rock
bottom pricing brought about by excess inventory last year,
signifying growth in average selling prices due to richer
configurations and reduced discounting."
Top 5 Companies, Worldwide Traditional
PC Shipments, Market Share, and Year-Over-Year Growth, Q2 2024
(Preliminary results, shipments are in millions of units)
Company
2Q24 Shipments
2Q24 Market Share
2Q23 Shipments
2Q23 Market Share
2Q24/2Q23 Growth
1. Lenovo
14.7
22.7%
14.2
22.5%
3.7%
2. HP Inc.
13.7
21.1%
13.4
21.3%
1.8%
3. Dell Technologies
10.1
15.5%
10.3
16.4%
-2.4%
4. Apple
5.7
8.8%
4.7
7.5%
20.8%
5. Acer Group
4.4
6.8%
3.9
6.2%
13.7%
Others
16.3
25.1%
16.5
26.1%
-1.1%
Total
64.9
100.0%
63.1
100.0%
3.0%
Source: IDC Worldwide Quarterly Personal
Computing Device Tracker, July 9, 2024
Notes:
- Traditional PCs include Desktops, Notebooks, and Workstations
and do not include Tablets or x86 Servers. Detachable Tablets and
Slate Tablets are part of the Personal Computing Device Tracker but
are not addressed in this press release.
- Shipments include shipments to distribution channels or end
users. OEM sales are counted under the company/brand under which
they are sold.
In addition to the table above, a graphic illustrating the
worldwide market share of the top 5 PC companies over the previous
five quarters is available by viewing this press release on
IDC.com.
IDC's Worldwide Quarterly Personal Computing Device Tracker
gathers detailed market data in over 90 countries. The research
includes historical and forecast trend analysis among other data.
For more information, or to subscribe to the research, please
contact Jackie Kliem at 508-988-7984 or jkliem@idc.com.
About IDC Trackers
IDC Tracker products provide accurate and timely market size,
company share, and forecasts for hundreds of technology markets
from more than 100 countries around the globe. Using proprietary
tools and research processes, IDC's Trackers are updated on a
semiannual, quarterly, and monthly basis. Tracker results are
delivered to clients in user-friendly Excel deliverables and
on-line query tools.
Click here to learn about IDC's full suite of data products and
how you can leverage them to grow your business.
About IDC
International Data Corporation (IDC) is the premier global
provider of market intelligence, advisory services, and events for
the information technology, telecommunications, and consumer
technology markets. With more than 1,300 analysts worldwide, IDC
offers global, regional, and local expertise on technology, IT
benchmarking and sourcing, and industry opportunities and trends in
over 110 countries. IDC's analysis and insight helps IT
professionals, business executives, and the investment community to
make fact-based technology decisions and to achieve their key
business objectives. Founded in 1964, IDC is a wholly owned
subsidiary of International Data Group (IDG), the world's leading
tech media, data, and marketing services company. To learn more
about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC
and LinkedIn. Subscribe to the IDC Blog for industry news and
insights.
All product and company names may be trademarks or registered
trademarks of their respective holders.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240709421139/en/
Jay Chou jchou@idc.com +1 650-350-6464
Bryan Ma bma@idc.com +65 6829-7733
Ryan Reith rreith@idc.com +1 508-935-4301
Michael Shirer press@idc.com +1 508-935-4200