Global PC shipments record growth in sixth straight quarter

Global PC shipments marked their sixth consecutive YoY growth in the third quarter of 2021 with 84.2 million units shipped. The growth was recorded despite the ongoing component shortages and other supply constraints.

However, the 9.3% YoY growth during the quarter implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since the third quarter of 2020. In addition, most OEMs and ODMs are not seeing any shrinking gap between orders (demand) and shipments (supply).

In the third quarter of 2021, the global PC supply chain remained constrained due to component shortages related to power management IC, radio frequency, audio codec and others. According to Counterpoint Research, there is no solution to the prevailing demand-supply mismatch till mid-2022. ODMs are still pulling in chips inventory to tackle any downside risks. Besides, unstable global logistics and manufacturing site shutdowns in Southeast Asia and China add more uncertainties to PC supplies.

PC demand remained solid during the quarter. Commercial PC demand is gradually heating up while consumer PC momentum is decelerating. Chromebook turned out to be the biggest drag during the quarter, as both government and education orders were largely fulfilled in the first half, in addition to the increasing availability of COVID-19 vaccines and reopening of offices and schools across the world. We believe Chromebook demand will not disappear, just take a break this year.

 Global PC Shipments by Vendor, Q3 2021

Counterpoint Research - Global Q3 2021 brand shipment numbers and YoY growth

Lenovo was in first place again in the third quarter with a 23.9% market share after shipping 20.1 million units, slightly above the the second quarter number mainly due to its operational flexibility. HP’s 20.5% share and 6% YoY decline were largely due to Chromebook slowdown as well as component shortages. Dell had a 30% YoY growth in the third quarter due to a relatively lower base and its commercial/premium product focus. Apple’s shipments grew 11% YoY in the third quarter of 2021 riding on the replacement demand for the M1 Mac. Asus shipments were boosted by both consumer and commercial segments. The brand took fifth place in the third quarter beating Acer, which recorded a 3% YoY growth due to Chromebook slowdown.
Counterpoint Research - Global Q3 2021 brand shipment share mix

(Visited 8 times, 1 visits today)

Advert:




Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.