Rebound Electronics Market Insights Q2 2024 - Flipbook - Page 3
enquiries@reboundeu.com
General Market Insight
Semiconductor Industry Market Outlook
Global PC Market Rebounds Strongly, Surpassing Pre-Pandemic Levels in Q1 2024, IDC Finds
The global traditional PC market achieved a notable 1.5% year-over-year growth in Q1 2024, totaling 59.8
million units, signaling a return to pre-pandemic volumes, reports IDC. After a 13.8% decline in 2023, driven
by tightened IT budgets and other factors, the market is expected to grow by 3.4% in 2024 as businesses
undertake long-overdue PC refresh cycles and embrace Windows 11. Despite challenges in China, where
desktop demand lagged, recovery was buoyed by robust performance in the Americas and EMEA regions.
Lenovo maintained leadership among the top 5 vendors, leveraging favorable year-over-year comparisons,
while the advent of AI-powered PCs sets the stage for future growth with premium offerings. Shipments
anticipated to surpass pre-pandemic levels reaching an estimated 285 million units by 2027.
Top 5 Companies, Worldwide Traditional PC Shipments, Market Share, and Y-O-Y Growth, Q1 2024
Company
1Q24 Shipments
1Q24 Market Share
1Q23 Shipments
1Q23 Market Share
Y-O-Y Growth
Lenovo
13.7
23.0%
12.7
21.6%
7.8%
HP Inc
12.0
20.1%
12.0
20.4%
0.2%
Dell Technologies
9.3
15.5%
9.5
16.1%
-2.2%
Apple
4.8
8.1%
4.2
7.1%
14.6%
Acer Group
3.7
6.2%
3.4
5.7%
9.2%
ASUS
3.6
6.1%
3.8
6.4%
-4.5%
Other
12.6
21.2%
13.3
22.6%
-5.0%
Total
59.8
100.0%
58.9
100.0%
1.5%
Preliminary results, shipments are in millions of units
Source: IDC Quarterly Personal Computing Device Tracker, April 8, 2024
Worldwide PC Device Forecast by Market Segment: Shipments, Y-O-Y Growth, and 2023-2027 CAGR
Segment
2023 Shipments
2023/2022 Growth
2027 Shipments
2027/2026 Growth
2023-2027 CAGR
Consumer
113.9
-14.8%
125.5
1.4%
2.4%
Education
29.6
-15.4%
35.0
0.8%
4.2%
Commercial
108.3
-12.2%
124.6
2.6%
3.6%
Total
251.8
-13.8%
285.0
1.8%
3.1%
Shipments in Millions
Source: IDC Worldwide Personal Computing Device Tracker, December 21, 2023
3
REBOUND ELECTRONICS
Liaise with your account manager for more information.
