PC Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

“The PC Market is poised to grow by USD 72.75 million during 2022-2026, accelerating at a CAGR of 8.17% during the forecast period”

Technavio market report provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 15 vendors. Furthermore, this report extensively covers PC market segmentation by distribution channel (business-to-business and business-to-consumer) and geography (APAC, North America, Europe, South America, and MEA).  The market report also offers information on several market vendors, including Acer Inc., Apple Inc., ASUSTeK Computer Inc., Dell Technologies Inc., HP Inc., Lenovo Group Ltd., Microsoft Corp., Micro Star International Co. Ltd., Samsung Electronics Co. Ltd., and Sony Group Corp. among others.

What will the PC Market Size be During the Forecast Period?

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Parent Market Analysis

Our Technavio Research categorizes the report belonging to Technology Hardware, Storage and Peripherals Industry for the market. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions.

PC Market: Key Drivers, Trends, and Challenges

Technavio Research categorizes the global PC Market belonging to the Technology Hardware and Equipment Industry. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forecast year.

The market is extremely competitive with all sizes of businesses, including large, medium, and small-sized companies vying to monopolize the market. The tremendous development in various fields such as product innovations and new product launches by manufacturers operating in the market will drive the growth further.

Key PC Market Driver

• The increasing use of laptops in educational institutions is one of the key factors driving the global PC market growth.
• The demand for PCs has increased in schools and university classrooms owing to factors such as low costs, wireless access, and convenience.
• The adoption of virtual technologies to access online courses on platforms such as Coursera, edX, and Udemy will lead to an increase in the demand for laptops, which is driving the market. Moreover, educational institutions are providing laptops to their teachers to improve efficiency of teachers and to help students with their learning. All these factors will positively impact the growth of the market in focus during the forecast period.

Key PC Market Challenge

• One of the key challenges to the global PC market growth will be the tendency to buy devices with lower configurations.  
• The continuous developments in education software will require updated hardware solutions to meet the various software requirements.
• The majority of users would not have adequate knowledge and training in the functionalities of systems which will retain them to choose high-end configuration devices. All these key factors are expected to impede the growth of the global PC market during the forecast period.

Who are the Major PC Market Vendors?

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading market vendors such as

 

• Acer Inc.
• Apple Inc.
• ASUSTeK Computer Inc.
• Dell Technologies Inc.
• HP Inc.
• Lenovo Group Ltd.
• Microsoft Corp.
• Micro Star International Co. Ltd.
• Samsung Electronics Co. Ltd.
• Sony Group Corp.

 

Market Overview

The parent global IT spending market covers revenue generated from the sales and subscription of IT services, communications services, cloud services, IT hardware, and IT software. The global IT spending market was valued at $5.16 trillion in 2021 and is expected to grow at a moderate pace. Technavio calculates the global IT spending market size based on various IT solutions spending by various end-user industries such as healthcare, banking, financial services, and insurance (BFSI), retail, transportation, media and entertainment, and construction, among others.

PC Market Value Chain Analysis

In this report, we provide extensive information on the value chain analysis for the market. Our data covers all key stages of a market flow and provides a complete understanding of all aspects of the market logistics value chain. This includes an end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies.

Which are the Key Regions for PC Market?

35% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for PC in APAC. Market growth in this region will be faster than the growth of the market in South America and MEA.

The demand for PC is increasing in APAC due to the rise in the IT sector. For instance, in the second quarter of 2021, PC shipments have increased by more than 500,000 in the region. The growth in the volume of shipments is due to the increasing demand for PCs from the consumer and commercial sectors. Companies such as Hewlett-Packard Development Company, L.P., Dell Technologies Inc., and Lenovo Ltd. hold a major share of the PC sales in India. Companies such as Acer are also looking to increase their revenue by targeting casual gamers in the region. The demand for PCs from small and medium-sized enterprises (SMEs) is also increasing in the region due to the rollout of the Goods and Services Tax (GST), which requires businesses to keep records of various transactions. Hence, companies such as Acer Inc. have tied up with Tally to ensure that their devices are enabled for GST-related computations. This, in turn, enhances the growth of the market in the region. 

What are the Revenue-generating Distribution Channel Segments in the PC Market?

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The PC market share growth by the business-to-business segment will be significant during the forecast period. The use of PCs such as laptops and desktops has increased in corporate offices during the COVID-19 situation due to work from home scenario from 2020 compared to previous years. A fixed PC enables employees to work at an assigned workstation. The use of video conferencing halls in offices is also increasing, requiring different types of PCs like laptops and desktop computers. Another important reason for the growth witnessed in this sector is the rise of automation. Business units no longer go for manual recording for data compilation. Hence, they have replaced them with PCs. Startups are sprouting every day with the expanding global economy, which means more workspaces will need more PCs. This trend will also drive the business-to-business sector of the global PC market during the forecast period.

The report provides a near-term to long-term perspective on the trends and forecasts horizon for the market. It offers an overview of the key market drivers and restraints, enabling precise identification of key opportunities in each region over the coming years.

You may be interested in:

Mini PCs market -The market share is expected to increase to USD 19.83 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.04%.

Industrial PC market - The market share is expected to increase by USD 1.42 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6%.

PC as a Service market - The market share is expected to increase by USD 70.23 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 35.26%.

PC Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 8.17%
Market growth 2022-2026	$ 72.75 million
Market structure	Fragmented
YoY growth (%)	7.55
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 35%
Key consumer countries	US, China, UK, Japan, and India
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Acer Inc., Apple Inc., ASUSTeK Computer Inc., Dell Technologies Inc., HP Inc., Lenovo Group Ltd., Microsoft Corp., Micro Star International Co. Ltd., Samsung Electronics Co. Ltd., and Sony Group Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this PC Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive the growth during the next five years
• Precise estimation of the size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of pc market vendors

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