India PC market to grow 2.6% in Q1 2024, HP leads with over 30% market share

HP Omen Transcend

HP Omen Transcend | Photo credit: Special Arrangement

The Indian personal computer (PC) market shipped 3.07 million units in Q1 2024, up 2.6% year-on-year (y-o-y), International Data Corporation (IDC) noted. It includes desktops, notebooks and workstations.

The desktop and workstation categories grew by 10.1% year-on-year and 2.7% year-on-year, respectively, and notebooks fell by 1.7% year-on-year. However, premium notebooks (>$1,000) grew at a healthy 21% year-over-year.

In Q1 2024, the consumer segment grew 4.4% YoY due to low volumes in Q1 2023 and some demand from e-tail channels. The commercial segment grew 1.3% year-on-year on the back of 56.9% year-on-year growth in the government segment despite a decline in corporate orders.

Brand-wise, HP led the market with a 30.1% share in Q1 2024 as it topped the charts in both the commercial and consumer segments with shares of 32.4% and 26.9% respectively.

(For today’s best tech news, subscribe to our tech newsletter Today’s Cache)

HP leads both the desktop and notebook categories with 28.9% and 30.4% shares respectively. However, its shipments fell 8.8% year-over-year due to reduced corporate orders and delays in consumer shipments.

Dell was second with a 17.5% share. In commercial and consumer segments, it achieved growth of 32.1% year-on-year and 20.7% year-on-year respectively. Dell had one of its best quarters in the commercial desktop category, shipping 155,000 units, up 54% year-on-year, helped by government orders.

Acer was third with a share of 15.4%. It performed well in the commercial segment in both the desktop and notebook categories, growing 19.9% ​​year-on-year and 32.0% year-on-year respectively. Its consumer segment grew by 51.7% YoY, driven by good momentum in e-tail channels.

Lenovo came in fourth with a 15.1% share and a 1.3% year-over-year decline. While it was second to HP in the consumer segment with a 13.5% share, it was fourth in the commercial segment with a 16.3% share. The vendor struggled in the government segment but fared well in the SMB segment, second only to HP with a 22% share, growing 9.4% year-over-year.

Asus took fifth place with a 5.9% share and a year-on-year decline of 8.3%. It was second in the consumer notebook category ahead of Lenovo with a 16.5% share.

“The consumer segment had a third consecutive quarter of year-over-year growth. However, demand slowed from the high double-digit growth of the previous two quarters to below 5% growth. Suppliers focused on clearing inventory, while a few suppliers faced delays in shipment, leading to lower-than-expected sales, said Bharath Shenoy, head of research, IDC India and South Asia.

Check Also

Missing Bangladesh ruling party MP found murdered in India: Minister | News about crime

Anwarul Azim Anar of the Awami League went missing on May 13, a day after …

Leave a Reply

Your email address will not be published. Required fields are marked *