Revenue of top-tier IT distributors in North America increased 5.6 percent to $19.3 billion in Q2 2022, a report from IDC said.
Personal Computing retained the largest share of the product mix at 22.4 percent despite a decline of 2.4 percent. Consumer Electronics sale surged 146 percent in Q2 driven by Mobile Phone sales.
Notebook sales revenue contracted 2.5 percent in Q2 2022 to $2.9 billion. Peripherals & Accessories that benefit from rising PC sales also continue to see growth, with docking stations, PC Monitors, and Gaming Devices/Controllers sales increasing 20 percent or better year over year.
Mobile Phone revenue reached $529 million in Q2 2022, a significant jump from $104 million in Q1 2022. The triple digit year-over-year growth was driven by strong Samsung unit volumes coupled with an average selling price (ASP) increase for Samsung of 98 percent.
Software product group continues to hold the second largest share of the product mix. Storage Software has seen double-digit growth for five straight quarters. Storage Software revenue increased 27.7 percent.
The Data Replication and Protection market has been a stable and consistent driver of this trend with double-digit growth for over three years. Software-Defined Storage has been gaining momentum and recently returned to 50 percent share within the Storage Software category.