PC Monitors Recorded First YoY Shipment Decline Since Pandemic Began: IDC
The global PC monitor market reached an “inflection point” in Q3 with the first year-over-year decline in shipments since COVID-19 lockdowns began in 2020's Q1, reported IDC on Friday. Vendors shipped just over 34.8 million monitors in Q3, a 7.2%…
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decline from the 2020 quarter, it said. Many emerging economies continued to show robust momentum, but the more-developed markets of North America and Western Europe had “sizable contractions” from a “softening in consumer demand,” it said. Supply and logistical challenges persisted from previous quarters, further impeding a market “that was already facing rising prices due to cost pressures,” said IDC. Dell maintained its global leadership with 22% share in Q3 to Lenovo’s 12.2%, and China’s TPV and HP were the quarter’s biggest underperformers, with year-over-year shipments declining 30.1% and 21%, respectively.