IDC Report: India witnessed a record buying of notebooks with HP leading the overall PC market

India witnessed a record-buying of notebooks by the enterprises as millions of employees worked from home in the June quarter as HP led the overall traditional PC market once again with the 32.8 percent market share, a per latest International Data Corporation (IDC) report.

New Delhi: As per the IDC report, Lenovo shared in the second position despite witnessing a 62.7 percent decline in its overall shipments. HP's strong performance in the commercial segment was supported by a few large wins & helped the company to maintain its lead in the overall PC category.

IDC Report: India witnessed a record buying of notebooks with HP leading the overall PC market. Source: IDC report

According to the IDC ‘Worldwide Quarterly Personal Computing Device Tracker' the overall, Indian traditional PC market inclusive of desktops, notebooks and workstations declined by 37.3 percent year-over-year (YoY) in the second quarter.

Also, among the top five companies, HP was the only company to have a positive annual growth rate in the commercial segment, as its shipments grew 11.8 percent (YoY) in 2Q20.

Bharath Shenoy, Market Analyst, PC Devices, IDC India says, "Despite the supply and logistics challenges in the first half of the quarter, companies executed most of the large orders in 2Q20. Also, many companies shifted their employees to notebooks for the first time."

In the product categories, desktop PCs were the most impacted with a 46.4 percent decline but the discounting Lenovo's mega-deal of 1.1 million units with the Electronics Corporation of Tamil Nadu (ELCOT), notebooks grew 17.6 percent from the same time a year ago.

According to Jaipal Singh, Associate Research Manager, Client Devices, IDC India, as most of the big orders for business continuity planning have been more or less executed in the quarter gone by and the PC market is now expected to face challenges posed by the COVID-19 crisis with the looming economic situation.

"Enterprise buying will come back down to earth & SMB demand is expected to remain muted for some quarters," Singh said.

The consumer segment had a relatively small quarter since the market was operational for just 45 days due to nationwide lockdown in the first half of the quarter and however, strong demand from e-Learning was able to cover the gap to some extent.

The overall consumer segment saw a YoY decline of 21 percent but was able to recover from the previous quarter's low with 3.3 percent quarter-over-quarter (QoQ) growth in 2Q20.

Even the IDC report said, "Online buying played an important role in this quarter; as a result, vendors shipped almost one-third of their PCs to online channels."

(Inputs from Agencies)