After two years of decline, the worldwide traditional PC market returned to growth during the first quarter of 2024 with 59.8 million shipments, growing 1.5% year over year, according to analyst firm IDC.
Even though both HP and Lenovo’s share grew especially in the commercial segment, Acer remained unhinged at the top with consistent demand coming from the consumer segment.
The high-water mark for wearables came in 2020 and 2021 with volumes reaching record levels. The next two years saw the aftermath of that success as demand began to wane and shipments steadily declined.
The countries which managed to capture growth for ink cartridges were Bangladesh, Vietnam, India, the Philippines, Malaysia, and Thailand mainly because of the replacements of older machines bought before the pandemic.
Transsion took the top spot, growing 98.3% annually and accounting for over one-third of total shipments in 2023 as the company reached a new high with all three sub-brands positioned in the ultra low-end segment.
For calendar year 2023, worldwide tablet shipments totaled 128.5 million units, a decline of 20.5% compared to 2022 and the lowest annual volume since 2011.
A sort of shifting of power at the top of the largest consumer electronics market was driven by an all-time high market share for Apple and a first time at the top.