PC Sales have increased in the past few years and are expected to continue to grow in the coming years. In fact, Agency Hackers Solarwinds Bug To, PC sales were up nearly 27% over the past year and the company estimates they will rise by 15% in the next few years.
PC Sales Up 15% in 2021
In 2021, PC sales will grow 15% over 2020, according to Canalys. This is not the best news for PC makers, but it is not the worst. However, the growth will not be sustained in 2020.
One major reason for the decline in PC sales is consumer weakness. A rise in inflation is also taking a toll on consumer spending, as is the fear of a recession. Education demand may also taper.
Another big factor is chip shortages. Intel’s client computing group lost 25% of revenue in the second fiscal quarter 2022. Its notebook chip sales were down 40%. Chip shortages will continue through the rest of the year, according to Canalys.
IDC has a mixed outlook on the PC market. It says the overall PC market has returned to pre-pandemic levels. While it acknowledges that consumer demand is slowing down, it does not single out smaller firms. The firm predicts that revenue in the monitor, accessory, and technology products industries will continue to grow.
PC Sales Up 27% Over 2019
PC sales have been booming in recent years, and the industry is expected to continue that trend for another decade. But there is one problem that could be putting the market into decline: a shortage of chips.
Chips are necessary to power many of the features of modern computers. The shortages have prevented some people from buying new computers this year. However, they are expected to ease up in the second half of 2022.
Overall, PC sales grew 27% in the fourth quarter. This is the second consecutive quarter that shipment growth has exceeded growth in the previous quarter.
Demand for PCs has been driven by a number of factors. For example, PCs are being used more in developed markets, and there is an increasing prevalence of PC ownership in families. These factors are likely to continue, and demand for PCs should continue through the rest of the year and into 2022.
Another reason for the booming PC industry is the end of support for Windows 7. Microsoft has announced that it will no longer support Windows 7 by the end of this year, and businesses are now investing in new PCs and other hardware.
According to IDC and Canalys, the PC industry may have had a bump in the road, but it’s still on track to record another stellar year. One of the bigger movers and shakers in the PC space, HP, reported sales of 74.2 million units, up a healthy 6.7 percent over last year’s figure. Likewise, Samsung and Dell each recorded shipments of 18.6 million and 36.4, respectively. Despite the overall PC lag, manufacturers are making up for lost time by releasing newer models and more aggressive promotional activities. Some retailers are even clearing inventory ahead of the holiday rush. That’s a big deal in an industry where supply chain issues are commonplace.
While it’s not always easy to pick winners in a crowd, there are a few notable exceptions. Apple’s M2 Macbook and Samsung’s Galaxy S7 are two of the best performers, although they did not make the grade in the company’s recent sales performance report. In addition, Lenovo, Acer, and Dell all rolled out noteworthy products and services.
Trends in PC Sales
PC sales have seen a period of rapid growth in the past couple years, but they are not yet out of the woods. The recent lockdown in China has slowed business operations and reduced demand across all markets. However, there are some hopeful trends in PC sales that should continue.
While the market has been slowing for months, it appears that the trend is likely to reverse in the next year. According to IDC, PC shipments will increase in 2020 by 13.1%. In addition, tablet shipments are projected to grow from 19 million units in 2010 to 140 million in 2025.
However, IDC predicts that the public sector will reduce PCD consumption by 20.3% in 2022. This reduction is due to a slow economy and rising inflation.
For commercial and consumer users, the PC market is still robust despite slowing markets. A Canlys Research study shows that growth will accelerate in the last quarter of 2020.