Australia PC Market Declined by 9.8% to 4.2 Million Units in 2023
March 13, 2024 | IDCEstimated reading time: 1 minute
According to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, Australia’s traditional PC market )inclusive of desktops, notebooks, and workstations) declined by 9.8% to 4.2 million units in 2023. The desktop and notebook categories declined by 9.7% and 10.4% respectively, whereas workstations grew by 7.2%.
In 2023, the consumer segment declined by 15.2% due to higher interest rates and inflationary pressure. The commercial segment declined by 4.9% due to reduced demand from the government, VLB, and SMB sectors. However, the education segment grew by 18.4% because of strong demand for Windows- and Chrome-based devices.
In 4Q23, the consumer segment grew by a nominal 4.5% year-on-year (YoY) on the back of multiple sales events: Christmas, Boxing Day, Black Friday, and Cyber Monday. Also, the decision to temporarily halt interest rate hikes helped momentarily. The commercial market, on the other hand, declined by 5.4% YoY in 4Q23 due to cautious enterprise spending and project delays. Contrasting this trend, the education segment grew by a healthy 40.7% YoY, driven by demand for Windows-based devices.
“Consumer spending is under stress because of increasing living expenses and unfavorable interest rates. The commercial segment has also slowed down due to market uncertainties, resulting in project delays and budgetary constraints,” says Sharmishtha Bhatt, Senior Research Analyst, IDC Australia.
Suggested Items
RTX's Pratt & Whitney Canada and Angola's TAAG Airlines sign Fleet Management Program Agreement for PW150A Engines
05/01/2024 | RTXPratt & Whitney Canada and TAAG Angola Airlines E.P., Angola's state-owned airline, have signed a six-year Fleet Management™ Program (FMP) agreement. The engine maintenance services cover the airline's PW150A engines which power their fleet of Dash 8-400 regional turboprops.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
Celestica Announces Q1 2024 Financial Results
05/01/2024 | CelesticaCelestica Inc., a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended March 31, 2024 (Q1 2024).
U.S. Companies Invest Heavily in Robots
04/30/2024 | IFRManufacturing companies in the United States have invested heavily in more automation: total installations of industrial robots rose by 12% and reached 44,303 units in 2023. Number one adopter is the car industry followed by the electrical and electronics sector.
IMI Championing Collaborative Partnerships
04/30/2024 | IMIIntegrated Micro-electronics, Inc. (IMI) held its virtual 2024 Annual Stockholders Meeting at Fairmont Hotel Makati on Thursday, 25 April 2024.