HP Retains High Spot as Indian PC Shipments Develop 7.1 % YoY in Q2 2024: Report

HP retained its place on the high of the Indian PC market amidst an ongoing progress in shipments within the second quarter of 2024, as per a report. India has reportedly recorded a 7.1 % year-over-year (YoY) progress in Q2 2024, noting a rise in cargo quantity in all three classes — desktop, pocket book, and workstation. The three classes grew 5.9 %, 7.4 %, and 12.4 % YoY, respectively. The report highlighted that an elevated demand in each on-line and offline channels resulted within the progress.

Indian PC Shipments Rose in Q2 2024

According to a report by market analysis agency International Data Corporation (IDC), India’s PC market famous a cargo of three.39 million items within the second quarter of the continuing 12 months. This is 7.1 % larger than the shipments in the identical quarter final 12 months. The report discovered that the Q2 2024 witnessed a rise in client demand by 11.2 %, which required extra items to be fulfilled.

Indian PC Shipments Q2 2024
Photo Credit: IDC

The demand was reportedly seen in each the web in addition to the offline channels. The report additionally mentions that the e-commerce channel grew by a major 22.4 % YoY. The industrial section famous a minor enhance of three.5 % YoY, which was largely pushed by an elevated demand within the small and medium-sized companies (SMB) and enormous enterprise segments. It witnessed a progress of 12.4 % and 33.1 % YoY, respectively.

HP retained the highest spot in each industrial and client segments, capturing 33.5 % and 29.7 % of the market. The firm additionally dominated the pocket book class and clocked a market share of 34.4 %. As per IDC, the expansion was a results of elevated demand for client notebooks and a few key enterprise orders.

Lenovo and Dell Technologies consolidated the second and the third place when it comes to market share. The former captured 17.5 % of the market whereas the latter may solely handle 14.8 % share. Notably, Dell misplaced 0.5 % share of the market in comparison with Q2 2023. IDC stories that Lenovo carried out nicely within the SMB section registering a progress of 16.5 % YoY, whereas Dell primarily discovered progress within the client section.