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Global PC Market Posts Record Growth, Lenovo & HP Top Performers

After years of slow-to-no growth, the global PC market (desktops, notebooks and workstations) grew by 4.7% over the third quarter of 2019 to 70.9 million units, which is the highest level of growth for the sector since Q1 2012.

According to the new analyses report by Canalys, Lenovo topped the list with 24.4% market share and over 17.3 million shipments, followed closely by HP who saw a 23.6% market share and shipping over 16.7 million units.

Dell came in third place with 17% market share and over 12 million shipments, with Apple claiming 7.6% market share and over 5.3 million units shipped, and Acer rounding out the top five with 6.9% market share and over 4.9 million shipments.

The growth in demand has been attributed to multiple factors, including Windows 10 upgrades and an increase of seasonal inventory stock for the upcoming holiday period, as well as global macroeconomic conditions, especially between the US and China.

Despite these strong numbers, Canalys does warn that this could be only a short-term boost and things could begin slowing down again as early as Q1 2020.

According to Canalys, in volatile regions, PC vendors and channels were forced to take precautionary measures to hedge against future disruption.

“In the US, for example, another round of tariffs is scheduled to take effect on US$37 billion worth of Chinese made notebooks and tablets,” Canalys noted.

“As a result, leading PC vendors are pumping up production orders, and channel partners are building inventory ahead of the December 15 deadline.”

“This impact will not last forever, but in the short-term it has benefitted the PC supply-chain, which saw a positive performance that is likely to extend into Q4.”

“The PC market high is refreshing. However, there is a limit to how quickly leading vendors can ramp production.”

In terms of strong performing markets, Canalys highlights Japan and the US as the strongest, while Europe, the Middle East and Africa were some of the weakest regions, with the report attributing the low numbers to Europe’s uncertainty related to Brexit.

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