CHART: India's PC market slumped 15.3% YoY in Q2 2023, marking four YoY declines in a row
The traditional PC market in India, encompassing desktops, notebooks, and workstations, faced ongoing challenges, shipping 3.2 million units in Q2 2023. This performance indicates a significant 15.3% YoY decline, marking the fourth consecutive annual decline. But despite a YoY double-digit decline, it clocked a strong 5.9% QoQ
The traditional PC market in India, encompassing desktops, notebooks, and workstations, faced ongoing challenges, shipping 3.2 million units in Q2 2023.
This performance indicates a significant 15.3% YoY decline, marking the fourth consecutive annual decline. But despite a YoY double-digit decline, it clocked a strong 5.9% QoQ growth, as reported by the International Data Corporation (IDC).
The year-on-year decline reverberated across all product categories during the quarter, all experiencing year-over-year declines. The notebook category, a volume driver, dropped by 18.5% YoY, while the desktop category, previously on a growth trajectory, also saw a decline of 7.0% YoY. Both the consumer and commercial segments were affected, with declines of 17.0% and 13.8% YoY, respectively.
Per vendor performance, HP led the market with a 31.1% share, aided by strong demand in both consumer and commercial segments, including gaming notebooks. Lenovo trailed in the second spot with a 16.2% share but experienced a substantial 30.2% YoY decline, as the Techloy chart below shows.
