Global PC shipments report growth for the second quarter, up by 3% in Q2 2024

• The global PC shipments have reported growth for the second consecutive quarter.
• The PC shipments increased by 3% year-on-year in Q2 2024, despite a slowdown in the Chinese market.
• AI is expected to play a key role in PC shipments in 2024 and 2025.

The global PC market continues to recover, recording the second consecutive quarter with growth after recording seven quarters of decline. Global personal computer or PC shipments have reported a year-on-year increase in Q2 2024.

According to a report by International Data Corporation (IDC), 64.9 million PCs were shipped in Q2 2024, registering a 3% year-on-year growth. While the rest of the markets recovered, China continued to lag behind. If the Chinese market is excluded, the year-on-year growth increased to 5%.

"Make no mistake, the PC market just like other technology markets faces challenges in the near term due to maturity and headwinds," said Ryan Reith, group vice president, IDC Worldwide Device Trackers.

"However, two consecutive quarters of growth, combined with plenty of market hype around AI PCs and a less sexy but arguably more important commercial refresh cycle, seems to be what the PC market needed,” Reith added.

Global PC shipments Q2 2024

Company	Q2 2024 shipments	Q2 2023 shipments	Growth
Lenovo	14.7	14.2	3.70%
HP	13.7	13.4	1.80%
Dell	10.1	10.3	-2.40%
Apple	5.7	4.7	20.80%
Acer	4.4	3.9	13.70%

Shipments in millions, Source: IDC

Lenovo, which has been the market leader for a while now continues to lead the market, with 14.7 million devices shipped in Q2 2024, up from 14.2 million devices shipped in Q2 2023, registering a growth of 3.7%.

Among the top five companies, Apple recorded the highest growth at 20.8%, shipping 5.7 million devices in Q2 2024, up from 4.7 million devices in Q2 2023.

The only company in the top five that has recorded a decline is Dell, which shipped 10.1 million devices in Q2 2024, down from 10.3 million devices shipped in Q2 2023.

Q2 2024 PC shipments market share

Company	Market share
Lenovo	22.70%
HP	21.10%
Dell	15.50%
Apple	8.80%
Acer	6.80%

Source: IDC

The top five companies account for nearly 75% of the market share, with the top two companies accounting for nearly 44% of the market share.

"The market has also moved past the rock bottom pricing brought about by excess inventory last year, signifying growth in average selling prices due to richer configurations and reduced discounting,” said Jitesh Ubrani, research manager, IDC's Worldwide Mobile Device Trackers.

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