Shipments of PCs and tablets will decline globally in 2022-23

According to new research, tablet sales will shrink 6.8% to 156.8 million in 2022, while classic PC shipments are expected to decrease 12.8% to 305.3 million units.

According to the IDC analysis, the main reasons for the lowered prognosis include rising prices, a slowing global economy, and the recent spike in consumer spending.

As consumption slows, education need is substantially met, and enterprise want is driven out owing to deteriorating economic indicators, more shrinkage is also anticipated in 2023.

According to the analysis, the market for PCs and tablets as a whole is expected to contract 2.6% in 2023 before increasing again in 2024.

According to Linn Huang, research vice president, Devices and Displays, he stated that with financial challenges picking up speed, there is a prediction that deteriorating buyer mood to culminate in even more commercial market reductions over the next six quarters and some increase in the outlying years of the prediction may be caused by the economy picking up just in time for the next significant refresh cycle. Despite the fact that volumes won’t reach epidemic highs, it is anticipated that buyer demand will shift toward the more expensive edges of the market.