PC Shipments Grow 3.8% To 14.4 Million In India Last Year: IDC Report
The growth in the Indian consumer PC market has been on an upward trajectory, driven by gaming and AI-powered PCs.
Even as shipments of personal computers grew 3.8% year-on-year to 14.4 million in 2024, International Data Corp.’s Navkendar Singh expects the Indian PC market to witness a low single-digit growth in 2025.
This growth will be despite many challenges, including a weakening rupee that can make devices costlier. This, in turn, can impact the price-sensitive small and medium businesses and consumer segments, according to Singh, who is associate vice president for devices research for IDC India, South Asia and ANZ regions.
The growth in the Indian consumer PC market has been on an upward trajectory, driven by gaming and AI-powered PCs.
According to IDC’s estimates, HP led the market with 30.1% market share in 2024 and 30% share in the December quarter, despite a decline of about 1% in annual and 1.8% in quarterly supplies.
Lenovo and Dell followed with market share of 17.2% and 16.1% in 2024 with year-on-year growth of 7.3% and 8.1%, respectively, according to the IDC Worldwide Quarterly Personal Computing Device Tracker report.
"The traditional PC market (inclusive of desktops, notebooks, and workstations) shipped 14.4 million units in 2024, up 3.8%YoY," the IDC statement said.
It noted that shipments of notebooks and desktops grew 4.5% YoY and 1.8% YoY, respectively. Workstation shipments recorded the highest growth at 10.9%.
The consumer segment in the Indian PC market is estimated to have grown 2.6% YoY in 2024 and 2.2% YoY in the December 2024 quarter, driven by the online sales.
"The demand for gaming notebooks has been robust, with double-digit growth in FY24. Also, since mid-2024, shipments of AI-powered notebooks increased substantially as the demand for relatively lower-end AI PCs powered by Intel Core Ultra processors and AMD Ryzen AI processors have seen a steady increase," IDC India and South Asia Research Manager Bharath Shenoy said.
Premium notebook shipments, priced over $1,000 (about Rs 86,660) grew 13.8% YoY in 2024, it added.
The commercial segment grew 5.1% YoY in FY24 and 11.1% YoY in the December 2024 quarter.
The demand from global enterprises and government departments, including government e-marketplace, led to growth in the enterprise and government segments by 10.6% YoY each in 2024, the statement said.
"The commercial PC market in India is on the upswing, driven by healthy refresh order books and momentum in public sector buying. The industry is expecting replacement demand to start coming in from this year, as 2020-21 purchases reach 3-4 years in age," Singh said.
In the fourth quarter of 2024, the total market grew 6.9% YoY, driven by a 9.6% YoY growth in the notebook category.
Taiwanese PC maker Acer's supplies recorded the highest annual growth of 27.7% on YoY basis clocking market share of 15.1% in 2024.
Asus topped the chart with a growth rate of 38.4% in the December quarter.
Lenovo clocked 18.5% share with 13.5% increase in shipments during the October-December period.
Dell clocked 18.1% share with 5.8% growth and Acer market share stood at 15.7% with 20% growth in YoY supplies in the December 2024 quarter.
(With PTI inputs)
