Global PC shipments continue to decline in 2023Q1
Market research firm IDC has just released its latest quarterly PC tracking data, indicating a continued decline in PC shipments during the first quarter of 2023, with 56.9 million units shipped—a 29% year-on-year decrease and lower than the previous quarter’s 67.2 million units. All manufacturers experienced declines of over 20%. IDC suggests weak demand, inventory excess, and a deteriorating macroeconomic environment contributed to the sharp decline in traditional PC shipments for Q1 2023.
Q1 2023 PC shipments also reflect a waning demand driven by the COVID-19 pandemic, with figures returning to pre-pandemic levels. The 56.9 million units shipped are lower than Q1 2019’s 59.2 million units and Q1 2018’s 60.6 million units. Although inventory levels have improved in recent months, they remain significantly higher than the healthy four-to-six-week level. Even with numerous discounts offered, high inventory levels for PC manufacturers and channels are expected to persist until mid-2023 and possibly extend into Q3.
Many PC manufacturers have adjusted their production plans for the remainder of the year, recently increasing orders for Chromebooks. Upgrading to the Windows 11 operating system is also anticipated to contribute to an increase in installed devices. Considering various factors, PC shipments are expected to resume growth by the end of this year.
IDC believes that by 2024, numerous aging devices will require updates, and if the economic situation improves, the market could experience substantial growth as consumers seek device upgrades, including schools and businesses potentially transitioning to the Windows 11 operating system. If major markets suffer from economic recession extending into the following year, recovery may prove more challenging.