Zhitong Finance APP learned that according to Canalys data, in the first quarter of 2022, the Indian personal computer market (including desktops, laptops and tablets) grew by 48%, with shipments reaching 5.8 million units, a new record of 5.3 million units in the third quarter o

Zhitong Finance APP learned that according to Canalys data, in the first quarter of 2022, the Indian personal computer market (including desktops, laptops and tablets) grew by 48%, with shipments reaching 5.8 million units, a new record, exceeding the record of 5.3 million units in the third quarter of 2021. Over the past six quarters, despite the huge pressure on global supply chains, the Indian market has grown by 44%, with shipments exceeding the 5 million mark for three consecutive quarters. The market currently accounts for 5% of global PC shipments, compared with just 3% two years ago. Among the personal computer shipments, laptops shipped the most, reaching 3.4 million units, with increasing by 36% year-on-year. Desktop shipments exceeded 880,000 units, a year-on-year increase of 64%. However, as government orders have resurgent after two years of disruption, tablet shipments grew the fastest among all PC categories, reaching 1.6 million units, a year-on-year increase of 69%.

Canalys Research Analyst Jash Shah said: "India's outstanding performance this quarter is mainly attributed to two points. First, despite India's large population, we must admit that its success in responding to the COVID-19 pandemic is undeniable. Although most countries in the world are lockdown, India has maintained an open policy as much as possible to help the economy recover , which has stimulated consumer demand for personal computers and other IT infrastructure. Second, India is working hard to achieve independent production of personal computers, although it is slow to develop, but firm. Of all the PCs sold in India, 18% It is made locally, which means that India is weakening due to the impact of China's black swan event and its demand for personal computer consumption is also increasing. While the global macroeconomic event has raised multiple concerns about whether this growth is sustainable and other global markets are expected to be weak, India will continue to maintain strong growth in the coming quarters. "

Shah added: "In 2022, the inflation problem continues to plague the market, with the average inflation rate over the past three months exceeding the 6%. RB India raises basic loan interest rates to cope with large-scale inflation, and may continue to increase in the second half of the year. In this case, debt companies can get less funds and will feel a heavy crisis. Consumers will reduce various expenses, and large, medium and small enterprises also tend to freeze budgets, stop recruitment and cut spending, which will have a chain reaction to IT procurement, which will affect personal computer demand. Canalys recommends that PC manufacturers be cautious when planning for the next few quarters. However, it is expected that the large-scale bidding and procurement carried out by the government for the education sector will boost the market to a certain extent. "

Manufacturers perform

HP (HPQ.US): in 2022 In the first quarter of 2019, it easily topped the list, with market share of accounting for 25%, and personal computer shipments increased by 42%, reaching 1.5 million units. The shipments of HP laptops and desktop computers are very good, with a market share of 34%, an increase of about 42%, and their total shipments exceed 1.9 times that of the second largest manufacturer. Over the past four quarters, HP has dominated the commercial personal computer market (including desktops, laptops, workstations and tablets), with an average market share of up to 32%. However, through strategic pricing and channel strategies implemented for the Indian personal computer market, HP has a strong momentum in the more competitive consumer segment, with a year-on-year growth of 29% and a market share of 23%. Additionally, HP's total shipments hit record highs thanks to its local manufacturing program and a variety of customized PC products for various market segments.

Lenovo (00992): (including tablets) ranked second overall in the first quarter of 2022, with a market share of 19%, and personal computer shipments reached 1.1 million units. Lenovo's shipments increased by 29% year-on-year, breaking the 1 million mark for three consecutive quarters. This is all thanks to Lenovo's outstanding performance in laptop and tablet shipments, with the year-on-year growth rates of at 26% and 53% respectively.Faced with growing laptop shipments, Lenovo combines these demands with market segments, its global supply chain digitalization initiatives, and major R&D investments. Lenovo believes that the Indian personal computer segments (especially private and public education) have greater development potential, so its Puducherry plant recently added a third production line, aiming to double the existing production capacity .

Acer : 's shipment volume in the Indian personal computer (including tablet computers) market exceeded 600,000 for the first time, accounting for 11% of the market share, replacing Dell , ranking fourth. In the first quarter of 2022, Acer shipped 626,000 units, a year-on-year increase of 256%, 1.7 times that of the fourth quarter of 2021. This is also due to Acer's overall outstanding performance in the Indian market. However, its tablet shipments increased by 1288% to 205,000 units in the first quarter of 2022, making it the fastest growing manufacturer of tablets this quarter. Acer's huge gains are all derived from its competitiveness in the government tender and its ability to provide a variety of locally produced high-quality personal computers.

Dell (DELL.US): ranked fourth in the first quarter of 2022 with more than 580,000 units shipped, accounting for 10% of the market share, a year-on-year increase of 9%. In the first quarter of 2022, its desktop shipments increased by 64.8% to 111,000 units. In addition, Dell has achieved sustained single-digit growth in all segments.

Samsung : 2022 ranked fifth in total shipments of personal computers (including tablets) in the first quarter of 2022. Samsung mainly promoted tablet computers in India, with shipments reaching 433,000 units in one quarter, a year-on-year increase of 31%. The increase in government bidding has led to a gradual increase in order volume, which has further boosted Samsung's shipments in the Indian market, so that Samsung can regain the top spot in tablet shipments with a market share of 28%.