Shipment term

Global PC market sees revenue rise 15% despite lower laptop shipments

In context: Since the start of 2020, PC sales have steadily increased, thanks in large part to growth spurred by the Covid-19 pandemic. With millions of consumers working from home, demand for personal and business computers has exploded. However, this trend is finally starting to slow down and even reverse – a little, anyway.

In the first quarter of 2022, global shipments of desktop and laptop computers decreased by three percent, down from the all-time high in the first quarter of 2021 of 82.4 million. This year, that number has dropped to around 80.1 million. HP was the hardest hit in this regard, shipping around 15.8 million units in Q1 2022 compared to the 19.2 million they managed to move the previous year.

Lenovo is next, with shipments down about two million year over year (from 20.3 million to 18.3 million). Other major PC and laptop vendors including Dell, Apple, Asus and “Other” all saw minor increases in shipments, but these weren’t large enough to offset the broader drop caused. by the weaker relative performance of HP and Lenovo.

There are several potential reasons for these changes, but technology research firm Canalys says short-term price increases (caused by the conflict in Ukraine, among other issues) and slowing natural growth as the world s adapting to life in the midst of a global pandemic are two main contributors. The current chip shortage certainly isn’t helping either, with component supply not meeting demand, driving up prices even further and pushing consumers into a “wait-and-see” mindset.

With all of these hurdles in mind, Canalys still believes the PC industry as a whole will remain strong throughout the year; at least in the corporate and IT sectors. As the research firm notes, more than 50% of active devices are “over four years old,” meaning a widespread “device refresh” is likely to happen sooner rather than later.

Indeed, despite plummeting laptop shipments, the PC industry saw overall revenue growth of more than 15% last year, reaching $70 billion in total. This is partly explained by a 12% increase in desktop computer shipments, although sales of these machines remain weak compared to their portable counterparts: the former account for 16.8 million of total shipments, against 63 .2 million for the latter.