PC market posts another quarter of double-digit growth in Q3

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As the global pandemic rages on and many countries around the world enter the second wave of Covid-19 infections, continuity of business and online schooling remain at the forefront of every economy.

This led to double-digit growth in the traditional PC market, comprised of desktops, notebooks, and workstations, as global shipments grew 14.6% year over year to 81.3 million units in the third quarter of 2020 (3Q20), according to analyst firm IDC.

“Consumer demand and institutional demand approached record levels in some cases,” said Jitesh Ubrani, research manager for IDC’s Mobile Device Trackers. “Gaming, Chromebooks, and in some cases cellular-enabled notebooks were all bright spots during the quarter. Had the market not been hampered by component shortages, notebook shipments would have soared even higher during the third quarter as market appetite was yet unsatiated.”

Unfortunately, shortages of multiple components, such as processors, panels, and other subcomponents, led to missed opportunity for many vendors, according to IDC.

“The PC industry rode into the third quarter with a sizeable backlog of unfulfilled orders,” said Linn Huang, research vice president for devices and displays at IDC. “And it appears the quarter will end under the same auspices. Given that the shortages have been due more to a shortfall of business planning than a technical glitch, we do not anticipate a sudden surge in capacity. Consequently, this backlog will likely carry into 2021.”

In Asia-Pacific excluding Japan (APeJ) market, the traditional PC market posted a single-digit increase in the region with results coming in above IDC’s forecast.

Shipments were driven by inventory replenishments and strong demand for notebooks as end-users across the region continued to purchase devices for work from home, online learning, and entertainment purposes.

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