With shipments reaching 66.4 million units, the worldwide PC market sees 1% YoY growth in 3Q24. Lenovo leads while businesses rush to upgrade to Windows 11!
The global PC market records a year-on-year (YoY) shipment growth of 1% in Q3 2024, achieving the annual growth for the fourth consecutive quarter, according to the data from Canalys.
As per the report, total desktops, notebooks, and workstations shipments increased annually by 1.3% to 66.4 million units in Q3. Notably, notebook shipments, including mobile workstations, rose 2.8% to 53.5 million units in the same time frame, while desktop shipments, including desktop workstations, declined by 4.6% to 12.9 million units.
Furthermore, strong growth is anticipated in the next year as a significant portion of the Windows PC installed base needs refreshing before the end of Windows 10 support in October 2025.
In terms of vendors, Lenovo led the market in Q3 2024, shipping 16.5 million units with a 3% year-on-year growth. HP followed with flat growth, shipping 13.5 million units globally. Dell retained third place but saw a 4% annual decline to 9.8 million units. Asus achieved the highest growth among top vendors, with a 16% increase, while Apple rounded out the top five with 5.1 million Macs shipped.
Ishan Dutt, Principal Analyst at Canalys, noted that despite modest growth in Q3, the PC market recovery is gaining momentum, with positive signals for stronger performance ahead.
Additionally, demand from businesses has surged, driven by the urgency to upgrade to Windows 11 and avoid extended support fees. Commercial procurement is expected to remain high, with 54% of surveyed channel partners anticipating growth in their PC business in the second half of 2024.
Dutt also highlighted that introducing new AI PC processors from Intel, AMD, and Qualcomm further enhances the appeal of upgrading older PCs. While consumer demand has weakened, significant promotional activity during the 2024 holiday season will likely support modest growth.
