Indian PC Market Grew 13% In Q3, 2011: Gartner
Indian personal computer market (including desktop as well as laptops and netbooks) witnessed 13 per cent increase over the third quarter of 2010 rising to nearly 3.15 million units in the third quarter of 2011, according to research firm Gartner.
"This growth was primarily driven by the mobile PC market which grew 29 per cent year-on-year in the third quarter of 2011. A number of festivals helped drive demand in the consumer market in India," said Vishal Tripathi, principal research analyst at Gartner.
The growth in the third quarter of 2011 is pretty impressive even in comparison to the previous two quarters. India's PC market grew only 2.5 percent year on year (Y-o-Y) in April-June (Q2, 2011) and grew only 6.2 percent in Jan-March (Q1, 2011).
Additionally, all the major multinational PC vendors experienced double-digit growth in shipments in the third quarter of 2011 (they accounted for more than half of the total PC shipments in Q3, 2011). Shipments from Dell, HP, Lenovo and Acer (the top 4 vendors) represented 51.1 percent of the market while local vendor HCL accounted for 5.6 percent of PC shipments in Q3. Incidentally, HCL was the only vendor in the top 5 that registered a Y-o-Y decline in shipments in the third quarter.
Here's a table showing the individual market share of PC vendors in Q3, 2011
"The consumer segment accounted for 55 percent of PC shipments. However, we should not expect the same success to be replicated in the fourth quarter," cautioned Tripathi who said after the festive season demand there will be sluggishness in the market.