Excessive Demand for Premium Notebooks in India, Market Evaluation Suggests
PC shipments in India reached an all-time excessive within the third quarter (Q3) of 2024, an evaluation by a market analysis agency reveals. HP maintained its lead from the final quarter within the total PC class, which contains desktops, notebooks, and workstations, with over 1,000,000 shipments. Festive gross sales had been attributed to the rising demand for premium notebooks which value over $1000 (roughly Rs. 84,000), translating into a rise of seven.6 p.c year-on-year (YoY). In the meantime, the patron section witnessed a decline in comparison with the identical interval final yr, regardless of distributors providing aggressive reductions on merchandise.
PC Shipments in India in Q3 2024
In keeping with an Worldwide Knowledge Company (IDC) report, PC shipments in India elevated 0.1 p.c to 4.492 million models in Q3 2024 from 4.486 million models in Q3 2023. This info comes from IDC’s Worldwide Quarterly Private Computing Gadget Tracker, which notes that business and enterprise segments registered growths of 4.4 p.c YoY and 9.6 p.c YoY, respectively. The decline within the client section is reported to be natural and marginal, contemplating distributors didn’t overstock in Q3 2024.
Desktop shipments declined by 8.1 p.c YoY. Nonetheless, different classes comparable to notebooks and workstations noticed marginal development of two.8 p.c YoY and a couple of.4 p.c YoY, respectively. Premium notebooks additionally witnessed a excessive demand with a rise of seven.6 p.c in comparison with the identical interval final yr.
HP led the PC market in India in Q3 2024 with a market share of 29 p.c, delivery 1.3 million models. The report notes that its strongest demand was seen within the enterprise section which grew by 30.2 p.c YoY. This, coupled with necessities for the corporate’s client notebooks, helped it obtain its third-biggest quarter ever. In the meantime, Lenovo had an total market share of 17.3 p.c and its business section registered a 20.3 p.c share, with enterprise orders and good momentum within the Small and Medium-Sized Enterprise (SMB) section being attributed because the contributing elements.
Acer Group was tied for the third spot with Dell Applied sciences with a 14.6 p.c market share. Asus grabbed the fifth place with a market share of 9.7 p.c however skilled a decline of twenty-two.3 p.c YoY.
