Global PC shipments suffered a drop of 33% in Q1 2023
The first quarter of 2023 saw total shipments of desktops and notebooks decline 33% to 54 million units, representing the fourth consecutive quarter of double-digit annual declines, according to Canalys, a Singapore-based market researcher. Notebook shipments suffered a large decline, falling 34% year-on-year to 41.8 million units. Desktop shipments performed slightly better, undergoing a 28% decline to 12.1 million units.
Canalys expects Q1 2023 to represent the largest shipment decline for the worldwide PC market this year, with recovery to begin in the second half of this year and gather momentum in 2024.
“Most of the issues that plagued the industry in the second half of last year have extended into the start of 2023,” said Ishan Dutt, Senior Analyst at Canalys. “Channel partners have indicated that their inventory levels have been reducing but remain high in absolute terms. 39% of partners surveyed by Canalys in January 2023 reported having more than five weeks of PC inventory, with 18% reporting nine weeks or more. Meanwhile, demand across all customer segments remains dampened, with more pressure arising from further interest rate increases in the US, Europe, and other markets, where reducing inflation is a top priority. Consumers and businesses will remain cautious about outlays on new PCs in the short term, with significant market recovery only expected to kick in during the fourth quarter of 2023.”
Lenovo, with a market share of 24%, topped the market for shipments of desktops and notebooks but suffered a large annual decline of 30%, down 12.7 million units. HP claimed second place, undergoing a less dramatic drop of 24% to 12.0 million units of shipments. Third-placed Dell posted shipments of 9.5 million units, down 31% and falling below the 10.0-million-unit mark for the first time since Q1 2018. Apple faced the largest decline among the top five vendors, with total shipments of Macs dropping 46% to 4 million units.
Channel Impact®
While the near-term opportunity appears weak, channel partners will see relief in the form of a much larger post-Covid installed base, the transition to Windows 11, and both refresh and new demand from digital education in 2024 and beyond.
Stay in the Know
Keep tabs on what’s happening in the channel and the impact it will have on the partner community by subscribing to Channel Impact communications.
Recent News
Search Buzz
Buzz Categories