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HP tops PC Market in India; IDC report

HP took the top spot with an overall market share of 28.8 percent in the India PC Market.

According to International Data Corporation (IDC), the overall PC shipment for Q3 2016 stood at 2.51 million units i.e. a quarter on quarter growth of 17.3 percent over Q2 2016 and year on year decline of 22.5 percent over Q3 2015

The overall consumer PC Market recorded 1.37 million units, a quarter on quarter growth of 31.0 percent over Q2 2016. According to Manish Yadav, Associate Research Manager, Client Devices, IDC India “With increased consumer confidence; backed by strong festive demand, decent monsoon and positive economic outlook, eventually drove the pockets of investment in the quarter”.

The commercial PC Segment recorded 1.13 million unit shipments in Q3 2016 i.e. a 4.1 percent quarter on quarter increase against Q2 2016. “With favourable domestic macroeconomic scenario spending from enterprises have been positive & anticipate improved spending in upcoming quarter as well” said Yadav.

HP took the top spot with an overall market share of 28.8 percent in the India PC Market. The vendor grew by 18.9 percent quarter on quarter over Q2 2016 owing to the partial execution of state owned education project and with increasing LFR (Large Format Retailer) and online presence during festive and back to college season the vendor recorded 20.0 percent growth in overall consumer market in Q3 2016.

“We sincerely thank our valued customers for their continued trust & support to help HP maintain its leadership position. Our unwavering commitment towards delivering amazing products and solutions to consumers and businesses that empower them to succeed in this digital age has helped us sustain the market leadership.” Said Ketan Patel, Sr. Director, Personal Systems, HP India “We will continue to fulfil our promises to our customers and enhance their experiences with our pioneering technology services.”

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