The latest data from Canalys shows that in 2022, the personal computer market is going well. While shipments saw their first year-over-year decline since the first quarter of 2020, overall revenue growth was still over 15%.
Global desktop and laptop shipments fell 3% for the year to just 80.1 million units, Canalys data showed, amid major geopolitical impacts and weak consumer demand. However, the market was undersupplied, computer prices continued to rise, and consumer demand for high-priced PCs continued to increase, resulting in a market revenue of $70 billion.
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Moreover, notebook shipments shrank 6% year over year to just 63.2 million units, while desktop shipments rose 13% to 16.8 million units. Although shipments declined due to external shocks, solid buying and usage demand kept market revenue and long-term confidence high.
Rushabh Doshi, the principal analyst at Canalys, said: “The PC industry continues to grow revenue, so manufacturers and shareholders have reason to cheer. PCs are being used more frequently, for longer, and for more purposes than ever before. Computer ownership has grown significantly in the past two years, with more than 150 million new notebook and desktop computers between 2019 and 2021.
Even if customers are forced to delay purchases due to price increases in the short term, a large number of Device replacements is still inevitable, especially considering that more than 50% of devices are over four years old.
Meanwhile, consumer and education markets have stagnated, but business demand will remain strong this year. Office activities will resume To near pre-pandemic levels, combined with the need for higher-spec PCs for hybrid and remote workers to maximize productivity, this means that business IT spending will continue to rise in 2022.”
In the first quarter of 2022, Lenovo still ranked first in the personal computer market, with shipments reaching 18.2 million units, a year-on-year decrease of 10%. HP was firmly in second place, but suffered the biggest drop among the top five, with shipments down 18% year over year to 15.8 million units.
Dell ranked third, and achieved solid growth of 6% due to its focus on the commercial market, with shipments reaching 13.7 million units. Apple and Asus also enjoyed gratifying gains, with shipments increasing by 8% and 24%, respectively, ranking fourth and fifth. This marks the first time since the third quarter of 2017 that ASUS has secured a spot in the top five vendor rankings.
Ishan Dutt, the senior analyst at Canalys, said: “The first quarter of 2022 has brought a new round of headwinds to the PC market. Following last year’s highs, purchasing demand in the consumer and education markets is slowing naturally, and at the same time, major global events are slowing down.
The outbreak has hit the entire industry, with negative effects on both the supply and demand sides. The war in Ukraine has driven up prices for oil and gas, as well as commodities such as metals and food, fueling inflation in major markets. At the same time, in Shenzhen and Shanghai, etc.
In major Chinese cities, the coronavirus lockdowns have created new bottlenecks in manufacturing and distribution, at a time when manufacturers and distributors are starting to gain a foothold. Faced with these unresolved issues, as well as other possible black swan events, the industry must Get ready to overcome this new wave of challenges with the resilience of the past two years.”
