Though demand and the global economy remain subdued, PC shipments have increased in each of the last two quarters, slowing the rate of annual decline and indicating that the market has moved past the bottom of the trough.
Although the market slightly exceeded expectations by reaching just over 29.9 million units, it still fell short of pre-Covid levels observed in the second quarter of 2019, signaling that recovery remains a work in progress following the surge in volume witnessed from 2020 to 2022.
This growth came at the expense of overall market value as average selling prices (ASPs) fell due to increased competition and discounting by retailers seeking to reduce excess inventory.
The DICT said the Philippines in recent years has been grappling with a notable increase in cybersecurity threats, driven by the ever-evolving digital landscape.
The year-on-year decline in inkjet and laser products can be ascribed to reduced demand from Asia-Pacific customer groups in all segments except small offices and very large businesses.
Transsion, whose brands include Tecno and Inifinix, took a sizeable lead, accounting for 38% of total shipments in 2Q23 and retaining the top spot for two consecutive quarters.
The top five vendors (in alphabetical order) were AWS, Google, Microsoft, Salesforce, and SAP, which captured more than 40% of the total market share in 2022.
IDC said it expects the quantum computing market will continue to experience slower growth until a major quantum hardware development that leads to a quantum advantage is announced.
Demand for tablets continued to be weak in the quarter and most of the top vendors recorded double-digit declines as consumer confidence and purchasing power remained low.
