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India shipped over 4 million PCs for the third quarter in a row: IDC Report

HP Inc. shipped over 1.4 million units in 1Q22, maintaining its lead in the overall PC market with a 33.8 percent market share.

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According to IDC’s quarterly report, India shipped over 4.3 million PCs, including desktops, laptops, and workstations, in the first quarter of 2022 with a YoY growth of 37.7%. Notebooks made up 3.1 million of the total number of PCs shipped. While the desktop category exceeded one million for the first time since 3Q2014.

As per the data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker consumer demand was sustained by a recovery in the government sector, and vendors’ channel inventory push aided the market’s optimism. People continued to purchase PCs for remote learning and working, and demand for PCs remained strong across segments. The government segment recovered significantly after the financial year ended in Q1 (Jan-Mar). Enterprise and SME purchases both increased by 47.2 percent and 31.7 percent year over year.

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Additionally, vendors attempted to obtain sufficient stock in anticipation of supply disruptions due to Chinese lockdowns. While online channels had a 13.4% share and grew by 17.5 percent year over year, offline channels saw a 41.4 percent increase.

Bharath Shenoy, Senior Market Analyst, PC Devices, IDC India said, “The consumer segment stayed positive as it witnessed an impressive 27.9% YoY growth. While e-tail channels experienced good traction, the relaxation of COVID-19 related restrictions led to a surge in retail footfall as an increased number of people started buying PCs from offline stores, thereby leading to a strong consumer quarter. Senior Market Analyst, PC Devices, IDC India. He added, “With schools and colleges opening up, vendors are likely to run back-to-school campaigns in Q2, which might extend consumer momentum. However, high inflation and rising device prices may dampen sentiment as consumers delay their purchases.”

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According to the IDC report HP Inc. shipped over 1.4 million units in 1Q22, maintaining its lead in the overall PC market with a 33.8 percent market share. In 1Q22, the company had its best consumer quarter ever, shipping nearly 650k units with a market share of 33.2 percent. With a 34.3 percent market share, it had a strong commercial quarter. HP had its best quarter ever thanks to strong demand for commercial desktops, the clearing of large backlog orders, and continued demand for its consumer notebooks.

Ketan Patel, MD, HP India Market said, “We sincerely thank our customers and partners for continuing to choose HP year after year. It is the trust that has helped us sustain our leadership in India’s PC market yet again. It gives us great satisfaction to empower the customers and enable them to engage digitally when they need the most- to work, learn, play and entertain. HP remains uniquely well-positioned on the back of a line-up that responds to the evolving needs of our customers. An upswing in the PC market, owing to the hybrid model of working and learning has prompted the future. With PCs becoming the most dependable tech tools, we at HP will continue our focus on consistent insights based innovation and introduce products to address the evolving best in class experience to users from all segments”.

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While in 1Q22, Dell Technologies came in second with a 19.4 percent market share and 22.6 percent year-over-year growth. While it was ahead of Lenovo in the commercial segment with a 24.2 percent share, it was a distant third in the consumer segment. With a share of 31.5 percent in the enterprise segment, the vendor came in second, owing to strong momentum from its global accounts.

Lenovo remained in third place behind Dell in 1Q22, with a 17.6 percent market share. The vendor grew by 20.5 percent year over year, primarily due to strong performance in the commercial segment. It had its second-best quarter among SMBs, shipping nearly 200k units and increasing by 37.5 percent year over year. On the other hand with a 9.8% market share in 1Q22, Acer Group remained in fourth place. The vendor grew 75 percent year over year, owing to strong demand for commercial desktops. It had its best commercial desktop quarter ever, shipping more than 200k units for the first time. The company also saw significant growth in commercial notebooks, with a YoY increase of 56.3 percent.

ASUS remained in fifth place with a 6.2 percent market share in 1Q22, having grown by a healthy 58.6 percent. The brand’s growth in the consumer segment was aided by consistent supplies and expansion into offline channels. It also made strides in the commercial sector, with a YoY increase of 67.4 percent.

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Komila Singh
Komila Singhhttp://www.gadgetbridge.com
Komila is one of the most spirited tech writers at Gadget Bridge. Always up for a new challenge, she is an expert at dissecting technology and getting to its core. She loves to tinker with new mobile phones, tablets and headphones.

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