PC market experiences "sharpest decline in nine years"

PC market experiences "sharpest decline in nine years"

-

The PC market has experienced its “sharpest decline in nine years” during Q2 2022, according to the latest report from research firm Gartner.

As reported by Eurogamer, PC shipments declined 12.6% during Q2 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 behind this drop:

“The decline we saw in the first quarter of 2022 has accelerated in the second quarter, driven by the ongoing geopolitical instability caused by the Russian Invasion of Ukraine, inflationary pressure on spending and a steep downturn in demand for Chromebooks.

“Supply chain disruptions also continued, but the major cause of PC delivery delays changed from component shortages to logistics disruptions. Enterprise buyers continued to experience longer PC delivery times than usual, but the lead times began to improve by the end of the second quarter, partially because key cities in China reopened in the middle of the quarter.”

Looking at data for various PC vendors, only Apple experienced growth in its shipments during Q2 2022, with sales up 9.3% year-on-year. HP is the vendor that experienced the sharpest decline, with shipments down 27.5%. The company with the biggest market share, Lenovo, also saw a 12.5% drop in shipments year-on-year.

The EMEA region was the one that was most impacted by the market decline, with PC shipments dropping 18% year-on-year, and laptop shipments decreasing 20%.

Separately from the Gartner data, a report from DFC Intelligence highlighted the slow growth of the PC market in 2021, with sales only up 2% to $37 million globally.

DFC noted that this remained 20% higher than pre-pandemic levels though, and predicted stagnant growth over the next three years.

It added that Tencent and NetEase were the largest PC game publishers “with combined 2021 revenue up 10% to $9.6 billion.”

Read More

Latest news

Will Smith’s ‘Emancipation’: What the Critics Are Saying

The review embargo for Antoine Fuqua’s much-talked about escaped slave drama Emancipation lifted on Wednesday evening and early critics’...

‘Emancipation’ Review: Will Smith Leads Antoine Fuqua’s Propulsive but Shallow Slave Drama

Lately, I’ve been examining my deep ambivalence toward slave movies — an attitude motivated by a suspicion of Hollywood’s...

Will Smith Returns to Red Carpet for ‘Emancipation’ Premiere: “Poetic Perfection” to Have a Movie Like This

Will Smith’s Emancipation press tour rolled through Los Angeles on Wednesday as the Oscar-winning actor turned up to support...

Zoe Saldaña Says She “Felt Artistically Stuck” While Working on Film Franchises for Past 10 Years

Zoe Saldaña is reflecting on the major tentpole projects that have helped define her career since the late 2000s....
- Advertisement -spot_img

Lionsgate Film, Distribution Chiefs Talk Possible Studio Business Spinoff, Starz Rebrand

Lionsgate hasn’t unveiled any megadeal, but top executives at the Hollywood studio talked up the benefits of potentially spinning...

50 Cent’s G-Unit Sneakers Rivaled Air Jordan At Their Peak, Says Reebok CEO

50 Cent’s G-Unit sneaker was such a cultural phenomenon that its success rivaled that of Air Jordan at its...

Must read

- Advertisement -spot_imgspot_imgspot_imgspot_img

You might also likeRELATED
Recommended to you