The PC market has been on a gradual decline for the past years now as the consumer upgrade cycle continues to shrink. However, a new report by IDC suggests that the traditional computer industry of India showed positive signs of growth with a year-on-year increase of 8.2 percent in the first quarter of 2018.
The analyst firm recorded total shipments of nearly 2.32 million PCs of which 1.08 million were from the consumer market and the rest from businesses. However, compared to the previous quarter, the numbers fell by 9.9 percent. “The general economic and employment scenario continues to remain pessimistic, which has impacted the consumer spending,” added Manish Yadav, Associate Research Manager, Client Devices, IDC India.
HP reclaimed the pole position with more than a quarter (28.6%) of the entire share sustaining a remarkable 7.5 percent sequential rise. IDC says its growth was primarily “driven by strong consumer-focused initiatives, widespread retail presence and continued focus on gaming systems which has injected growth for the vendor in the category.”
It was followed by Dell at 23.2% whose sales plummeted by a whopping 26.1 percent since the fourth quarter of last year and lastly, Lenovo at 21.7% with a 16.9 percent quarter-on-quarter growth. The report further predicts a rise in the coming months as companies release products with more “innovative form factors” such as convertibles, hybrid notebooks, and more. The Gaming industry is expected to gain a boost as well thanks to the availability of cheaper options.