The PC market is down in a "best decline in 20 years" as the price has risen

The PC market is down in a "best decline in 20 years" as the price has risen ...

PC deliveries across the globe have experienced the most significant decrease since Analyst firm Gartner began monitoring the market in the mid-1990s.

According to the analyst''s statistics, PC shipments totaled 68 million units in the third quarter of 2022, a 19.5% decrease from the third quarter of 2021.

Sales have dropped for a while now, bringing this back for the fourth quarter of a year over year globally.

Why the drop?

As many consumers had purchased new PCs in the last two years, Mikako Kitagawa, the director analyst at Gartner, explained the drop to a lack of need.

Geopolitical and economic constraints contributed to increased variety of IT expenditure, and PCs were not at the top of the priority list, according to the author.

According to Gartner, the EMEA PC market fell by 26.4% year over year in the third quarter, making 17 million units the largest decline among all regions. This is the third negative quarter for the EMEA PC market following a spike at the start of the epidemic.

Multiple factors have resulted in significant disturbance in the EMEA PC market, including challenging macroeconomic conditions, decreased business and consumer demand, and high inventory, according to Kitagawa.

Through year-to-year comparisons, many PC vendors in the first two quarters of this year, which negatively impacted global shipments shuttered operations in Russia.

The US PC market fell by 17.3 percent in the third quarter of 2022, the fourth quarter of year-over-year shipment.

The overall US market was reduced as a result of declining laptop sales, but the desktop market was modest growth driven by increased demand among businesses as well as public sector purchases.

Kitagawa emphasized inflation as the biggest concern on the US market, but said smaller businesses are showing moderate optimism about macroeconomic conditions.

PC sales decline does not seem to have impacted manufacturers equally. Acers sales experienced the worst drop out of any of the manufacturers, with a 23.7% decrease in the year on year.

Lenovo and HP, who both produced a.8 percent increase, and a.3 percent increase in sales.

Apples sales remained steady by far the best out of any of them, dropping just 4.8 percent.