Improving demand helps Indian PC mkt grow 23.6% in Q2: IDC

Written by PTI | New Delhi | Updated: Aug 28 2014, 11:36am hrs
Helped by improving demand in the consumer and commercial segments, the PC market in India grew 23.6 per cent to 2.55 million units in the April-June period over the previous quarter, according to research firm IDC.

Even though the market registered a year-on-year decline of 27.8 per cent from 3.53 million units in Q2 2013, IDC said the PC market looks to recuperate in due course of time.

The overall India PC shipments in Q1 this year stood at 2.06 million units.

"The market remained upbeat buoyed by business purchases, as well as channel intake of low priced PCs at the end of the (April-June 2014) quarter," IDC said.

The commercial PC segment registered quarter-on-quarter growth of 34.5 per cent over Q1 2014.

"A clear mandate in elections signalled a mark of recovery in the economy. Against last calendar year, business prospects are expected to remain moderately better in the coming six months," IDC India Market Analyst (Client Devices) Manish Yadav said.

The consumer PC market recorded 1.16 million units, growing 12.8 per cent q-o-q over Q1 2014.

"The overall sentiments have picked up and IDC observes improved discretionary spending from consumers across devices. It is expected to have a positive influence on the market as we enter the festival season starting Onam," Yadav added.

HP emerged as the numero uno player with 29.5 per cent share in the Indian PC market, helped by the execution of large education deals in the state government of Tamil Nadu.

"HP's innovation engine has produced an exciting range of devices and solutions over the last six months that address these needs, with a clear focus towards the increasing mobility trend," HP India VP and GM (Printing and Personal Systems) Rajiv Srivastava said.

Dell captured the second spot with a market share of 19.1 per cent, while Lenovo ranked third in the tally with 13.9 per cent share in the quarter.

"IDC anticipates increase in consumer spending both as a result of seasonality owing to festive buying and cautious end user spending on high end smart phones. This indeed was driving away wallet share in the recent past," IDC India Research Manager (Client Devices) Kiran Kumar said.

The annual budget announced by the new government reveals a positive outlook for business, and IDC expects this to influence the near term prospects on enterprise IT spending, Kumar added.