Lenovo and HP lost market share in PC business

Lenovo and HP have lost market share in PC business during the third quarter of 2021, Canalys report indicated.
PC business growth in Q3 2021 - Canalys
Dell Technologies and Apple have increased their PC market share in Q3.

Dell Technologies has increased its PC market share to 18.1 percent in Q3 2021 vs 15 percent in Q3 2020.

PC market share of Apple increased to 9.3 percent in Q3 2021 vs 8.5 percent in Q3 2020.

Lenovo’s PC market share decreased to 23.5 percent in Q3 2021 vs 24.1 percent in Q3 2020.

HP’s PC market share dropped significantly to 20.9 percent in Q3 2021 vs 23.3 percent in Q3 2020.

The global PC market growth dropped 5 percent in Q3 2021, with shipments of desktops and notebooks, including workstations settling at 84.1 million units.

Despite demand, PC business suffered a series of blows, making it extremely hard to facilitate supply. Vendors and channel partners are still having difficulty fulfilling orders as backlogs persist. Notebooks and mobile workstation shipments grew 3 percent to 67.4 million units, while shipments of desktops and desktop workstations rose 12 percent to 16.6 million units.

Lenovo led the market with 19.8 million units shipped, for a modest increase of 2.5 percent year-on-year. HP maintained second position, but underwent a 5.7 percent decline, with a drop off in Chromebook shipments to the US playing a major role in the downslide.

Third-placed Dell was the big winner, posting the highest growth at 26.7 percent with over 15 million units shipped and a market share gain of over 3 percent from a year ago. Apple and Acer rounded out the top five with healthy growth of 14.4 percent and 5.7 percent respectively, with the former also enjoying a market share gain.

“Hybrid work models will be an important part of the new normal post-COVID-19 and will require PC vendors to enhance product portfolios and go-to-market strategies, as faster processors, better cameras and anytime-anywhere connectivity take centre-stage,” said Rushabh Doshi, Research Director at Canalys.

SMBs and Enterprises are also likely to focus on ease of procurement, security and device management as they move to sustain these new policies for the long term. PC demand is expected to be robust from SMBs as various industries race to make up for lost time, and consumer spending shifts onto categories that were otherwise restricted during the lockdown, mainly tourism and travel.

LATAM, EMEA and Asia Pacific (excluding Japan) registered annual growth in shipments of 17 percent, 16 percent and 13 percent respectively. North America (US and Canada) saw total shipments fall by more than 9 percent. Japan saw the worst decline as PC shipments fell by close to 30 percent.

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