Friday, September 2nd 2022
Worldwide Shipments of PCs and Tablets Forecast to Decline in 2022 and 2023 Under Challenging Market Conditions, According to IDC
Tumultuous times are ahead for the PC and tablet markets according to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. Global shipments of traditional PCs are forecast to decline 12.8% in 2022 to 305.3 million units while tablet shipments will fall 6.8% to 156.8 million. Inflation, a weakening global economy, and the surge in buying over the past two years are the leading causes for the reduced outlook.
Further contraction is also expected in 2023 as consumer demand has slowed, the education demand has been largely fulfilled, and enterprise demand gets pushed out due to worsening macroeconomic conditions. The combined market for PCs and tablets is forecast to decline 2.6% in 2023 before returning to growth in 2024.
"Though demand is slowing, the outlook for shipments remains above pre-pandemic levels," said Jitesh Ubrani, research manager for IDC Mobility and Consumer Device Trackers. "Long-term demand will be driven by a slow economic recovery combined with an enterprise hardware refresh as support for Windows 10 nears its end. Educational deployments and hybrid work are also expected to become a mainstay driving additional volumes."
"With economic headwinds gaining speed, we expect worsening consumer sentiment to result in further consumer market contractions over the next six quarters," added Linn Huang, research vice president, Devices & Displays. "Economic recovery in time for the next major refresh cycle could propel some growth in the outer years of our forecast. Though volumes won't hit pandemic peaks, we expect the consumer market to drive towards more premium ends of the market."
Further contraction is also expected in 2023 as consumer demand has slowed, the education demand has been largely fulfilled, and enterprise demand gets pushed out due to worsening macroeconomic conditions. The combined market for PCs and tablets is forecast to decline 2.6% in 2023 before returning to growth in 2024.
"With economic headwinds gaining speed, we expect worsening consumer sentiment to result in further consumer market contractions over the next six quarters," added Linn Huang, research vice president, Devices & Displays. "Economic recovery in time for the next major refresh cycle could propel some growth in the outer years of our forecast. Though volumes won't hit pandemic peaks, we expect the consumer market to drive towards more premium ends of the market."
4 Comments on Worldwide Shipments of PCs and Tablets Forecast to Decline in 2022 and 2023 Under Challenging Market Conditions, According to IDC
This is a very optimistic decline in my opinion. We are not looking at a slight economic downturn in 2023, but expecting it to be a fairly major one. In any case, the PC and tablet market have always been on the decline before COVID 19 hit us. The lockdowns worldwide basically revived sales to an incredible level, and so they should not expect any increase in sale anytime soon as the demand starts to normalize. For many, their cell phones have negated the need for a PC or tablet since cell phones have reach a point that they are powerful enough and with screen that are big enough to be used comfortably. Thus, I expect cell phone sales to drop but at a slower rate. The decline is largely attributed to unimpressive improvements over the years, and increasing prices in my opinion.