The PC market revenue grew more than 15 percent in the first quarter of 2022 to $70 billion thanks to increase in PC prices in a supply-starved market and consumers’ demand costly PCs, Canalys report said.
The PC makers achieved substantial increase in revenue despite worldwide shipments of desktops and notebooks fell 3 percent annually to 80.1 million units against a backdrop of major geopolitical turmoil and softening consumer demand.
Notebook shipments dropped 6 percent to 63.2 million units, while desktop numbers grew 13 percent to 16.8 million units, Canalys said.
Meanwhile, IDC said PC shipment fell 5.1 percent to 80.5 million PCs during the quarter. The PC volume in Q1 2022 marks the seventh consecutive quarter where global shipments surpassed 80 million, a feat not seen since 2012. IDC reports do not reveal PC revenue. Canalys is the only few research agencies that talk about PC revenue growth.
GROWTH DRIVERS
# People are using their PCs more often, for longer and for a range of tasks
# More than 50% of active devices are more than four-years old
# Commercial demand will remain strong
“The resumption of workplace activity at close to pre-pandemic levels coupled with hybrid and remote workers needing higher-specified PCs to maximize productivity means business IT expenditure will remain elevated in 2022,” Canalys Principal Analyst Rushabh Doshi said in a news statement.
Lenovo remained the top vendor in the PC market in Q1 2022 with shipments of 18.2 million units, for an annual decline of 10 percent.
HP held on to second place but suffered the largest decline of the top five vendors, its shipments falling 18 percent year on year to 15.8 million units.
Dell posted growth of 6 percent, with its shipments reaching 13.7 million units on the back of its strong commercial focus.
Apple and Asus also enjoyed growth, increasing shipments by 8 percent and 24 percent and taking the fourth and fifth positions respectively. This marks the first quarter in which Asus has secured a spot in the top five vendor rankings since Q3 2017.
