Global PC shipments fall 29% to 65.4 million units in Q4 2022 Lenovo leads vendor shipments, followed by HP then Dell
The global PC market ended 2022 on a low, with total desktop and laptop shipments falling 29% to 65.4 million units in the fourth quarter. It was the fourth straight decline, as holiday season spending has eased in a deteriorating economic environment. Total shipments for the 2022 full year thus reached 285.1 million units, down 16% from the high number reached in 2021, when all end-user segments peaked in demand.
Lenovo secured the top spot in the PC market in Q4 2022, with total shipments of 15.5 million units, down 29% from the previous year. It was also the largest shipping supplier for the whole of 2022, posting 68.1 million units while experiencing a 17% decrease from 2021. HP ranked second , its shipments also declined by 29% in the fourth quarter to reach a total of 13.2 million units. Throughout 2022, shipments fell by 25% to 55.2 million units. Dell, which sits in third place, suffered the biggest decline among major vendors in the fourth quarter, with shipments down 37% to 10.8 million units. However, thanks to its sales force in early 2022, its total shipments fell by 16% to reach 49.7 million units. Apple finished fourth, both in the fourth quarter and for the full year, and ended 2022 with shipments of 27.2 million Macs, down 6%, while Asus finished the top 5 with a moderate drop of 4% from 2021 shipments.
“The average selling price (ASP) across many channels has also fallen as excess channel supply in recent months has fueled discounts in a bid to stimulate demand.said Jitesh Ubrani, research director for IDC mobility and consumer device tracking.Despite these efforts, inventory management of finished PCs and components will remain a key issue in the coming quarters and has the potential to impact further ASPs.“
Despite this, shipment volumes have remained good relative to the pre-pandemic period, with total shipments for 2022 7% higher than 2019. Laptops saw an even bigger decline, falling 30% to 51.4 million units in the fourth quarter of 2022 and 19% to 223.8 million units. units for a full year. Desktop prices did slightly better, seeing a 24% drop to 14.1 million units in Q4 and a 7% drop to 61.3 million units for all of 2022.
Supply-side activity suggests that many major vendors enter 2023 with a cautious outlook, but the consensus is that parts of the PC market could return to growth by the end of 2023, with the overall market expected to follow suit. The commercial segment has several drivers of growth, including the upcoming end of support for Windows 10 and a refresh cycle being built, while the consumer market remains a replacement card for 2023 and beyond.
“The consecutive quarter’s declines certainly paint a grim picture for the PC market, but it’s all about perceptionsaid Ryan Reith, vice president of IDC’s Worldwide Consumer Device Tracker and Mobility group.2021 has approached historic levels for PC shipments, so any comparison would be wrong. There’s no doubt that the ups and downs of the PC market will go down in history, but there are still plenty of opportunities ahead. We strongly believe the market has the potential to recover in 2024 and we also see a lot of opportunities throughout the remainder of 2023.“
Source: IDC, Canalys
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Global PC shipments fell 19.5% in the third quarter of 2022
Global traditional PC shipments reached 92.7 million units in the fourth quarter of 2021