Worldwide PC Shipments Declined 16.6% in Second Quarter of 2023 : Gartner

• 12 Jul 2023
• TM Team
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Worldwide PC shipments totalled 59.7 million units in the second quarter of 2023, a 16.6% decrease from the second quarter of 2022, according to preliminary results by Gartner, Inc. After seven consecutive quarters of year-over-year decline, the PC market is showing initial signs of stabilization, including sequential growth from the previous quarter.

“The rate of decline in the PC market has slowed, indicating that shipment volumes may have reached their lowest point,” said Mikako Kitagawa, Director Analyst at Gartner. “There has been progress in reducing PC inventory after more than a year of issues, supported by a gradual increase in business PC demand. Gartner expects that PC inventory will normalize by the end of 2023, and PC demand will return to growth starting in 2024.”

The top vendors in the worldwide PC market remained unchanged in the second quarter of 2023, with Lenovo maintaining the No. 1 spot in shipments with 24% market share.

Lenovo's year-over-year shipments declined again this quarter but grew sequentially. EMEA and Asia Pacific were challenging regions for Lenovo, but the company had only moderate declines in Latin America and North America.

HP shipments fell only slightly in the second quarter, ending a string of consecutive double-digit declines. Laptop shipments grew modestly but were offset by a decline in desktop shipments. The U.S. laptop market was robust for HP, with double-digit year-over-year growth.

Dell exhibited its fifth consecutive quarter of decline, with shipments down across most key regions. Asia Pacific was the most challenging market for Dell, where shipments decreased faster than the regional average. Dell did relatively well in the U.S. desktop market, maintaining the top vendor position.

“PC component prices and availability have improved drastically, helping stabilize vendor profitability despite the pricing pressure to clear inventory,” said Kitagawa. “However, as the PC market begins to recover and component demand increases, the favorable price conditions for memory and SSD storage that PC vendors have enjoyed are coming to an end.”