Education was the only segment to grow in 2022, thanks to government initiatives and sizable education projects in India, Korea, Malaysia, Taiwan, and the Philippines.
Along with the struggling PC market, PC monitor shipments contracted 18.3% year over year in the fourth quarter of 2022 (4Q22) leading to an annual decline of 5.9% for the full year 2022, according to research firm IDC.
IDC said ink tank products are increasing in prominence with a growing trend of SMEs and SOHOs shifting their preference from entry level laser to ink tank, whereas demand for ink cartridge continues to see a downtrend with shrinking home printing usage.
The Philippine PC market decreased by 18.5% quarter over quarter (QoQ) and fell by 48.9% year over year (YoY) sitting at 464,000 units in the fourth quarter of 2022, according to research firm IDC.
The pendulum for AR/VR headsets swung the other way through the course of 2022 as global shipments declined 20.9% year over year to 8.8 million units, according to new data from research firm IDC.
Both Samsung and Cherry Mobile continued to dominate the tablet market space accounting for more than half of the total annual shipments the last three years since the pandemic started in 2020.
For the full year 2022, the tablet market saw a decline of 3.3% year over year, ending two years of solid growth although shipments remain well above pre-pandemic levels.
2022 ended with shipments of 1.21 billion units, which represents the lowest annual shipment total since 2013 due to significantly dampened consumer demand, inflation, and economic uncertainties.
