PC market sees ‘biggest decline in nine years’
The PC market saw its “biggest decline in nine years” in the second quarter of 2022, according to the latest report from research firm Gartner.
As reported by Eurogamer, PC shipments fell 12.6% in the second quarter of 2022 compared to the same period last year, for a total of 72 million units shipped.
Mikako Kitagawa, research director at Gartner, explained the geopolitical and economic reasons for this decline:
“The decline we saw in the first quarter of 2022 accelerated in the second quarter, due to the continued geopolitical instability caused by the Russian invasion of Ukraine, inflationary pressures on spending and a sharp decline of demand for Chromebooks.
“Supply chain disruptions have also continued, but the main cause of PC delivery delays has shifted from component shortages to logistical disruptions. partly because key cities in China reopened mid-quarter. »
Looking at data from various PC vendors, only Apple saw shipment growth in the second quarter of 2022, with sales up 9.3% year-over-year. HP was the vendor that saw the biggest decline, with shipments down 27.5%. The company with the largest market share, Lenovo, also saw a 12.5% decline in year-over-year shipments.
The EMEA region was the hardest hit by the market decline, with PC shipments falling 18% year-on-year and laptop shipments down 20%.
Independent of Gartner’s data, a report by DFC Intelligence highlighted the PC market’s slow growth in 2021, with sales up just 2% to $37 million worldwide.
DFC noted that this remained 20% above pre-pandemic levels, however, and forecast stagnant growth over the next three years.
He added that Tencent and NetEase were the largest PC game publishers “with combined 2021 revenues up 10% to $9.6 billion.”