The PC market sent a disappointing quarter, with global shipments shrinking 29% year over year according to the latest IDC a report. Based on preliminary data, the number of PCs sold in January-March totaled 56.9 million units, which is 23.3 million units less than the total in the first quarter of 2022. All of the top five PC vendors are experiencing double-digit declines with an underperformance Apple for the worst, with a difference of 40.5% between the first quarter of 2022 and the first quarter of 2023.
Market share of the top 5 PC companies in the first quarter of 2023
Lenovo maintained its global lead in total shipments at 12.7 million units and a market share of 22.4%. “HP” came in second place with 12 million shipments and a market share of 15.8%, while “Dell” came in third place with 9.5 million shipments, or 13.7% of the market. Apple ranked fourth with 4.1 million shipments and a 7.2% market share, while Asus ranked fifth with 3.9 million shipments and a 6.8% market share.
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Top 5 Traditional PC Companies, Global Shipments, Market Share, Annual Growth, Q1 2023 |
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| vendor | First Quarter 2023 Shipments (in Millions) | Q1 2023 Market Share | First Quarter 2022 Shipments (in Millions) | Q1 2022 Market Share | annual growth |
| Lenovo | 12.7 | 22.4% | 18.3 | 22.8% | -30.3% |
| HP | 12.0 | 21.1% | 15.8 | 19.7% | -24.2% |
| Dale | 9.5 | 16.7% | 13.7 | 17.1% | -31.0% |
| apple | 4.1 | 7.2% | 6.9 | 8.6% | -40.5% |
| Asus | 3.9 | 6.8% | 5.6 | 6.9% | -30.3% |
| others | 14.7 | 25.9% | 19.9 | 24.8% | -26.0% |
| the total | 56.9 | 100% | 80.2 | 100% | -29.0% |
| Notes: Sum of percentages may not add up to 100% due to rounding Source: IDC Quarterly Personal Computing Device Tracker, April 2023 |
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The recent PC slump was caused by continued weak consumer demand, excess inventory, and an unstable economic market. The coming months aren’t looking good for PC vendors, with IDC experts predicting a return to growth by the end of this year.
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