2021 gave a lot of people hope that the pandemic might not have been the economy killer that so many feared it might be. In spite of the fact that this is the case, it seems that the year was a one off, and current projections estimate that many different sectors of the tech industry will experience a contraction. IDC just put out a report that details that decline in PC and tablet shipments around the world.
According to IDC, PC shipments have already gone down by nearly 13% this year, or 12.8% to be precise. Tablet sales have also decreased by around 6.8%, which takes a lot of the steam out of last year’s solid growth. With all of that having been said and now out of the way, it is important to note that neither of these products will see shipments recover and regain their 2021 heights until at least the middle of the decade.
The report also revealed that shipments will continue to decline through 2023. It is only in 2024 that growth might be seen again if the projections being made hold out that long. Much of this decline in shipments is occurring due to a saturation of the new demand that arose in the educational sector with all things having been considered and taken into account. Consumer and enterprise demand is being hampered by inflation because of the fact that this is the sort of thing that could potentially end up giving them less money to work with.
The short to mid term projections for these two products seem to suggest that 2021 may have been a one off. Consumers are also reacting negatively to bearish markets, since poorly performing investments will make them hesitate to splurge on a new PC or tablet.
Despite the meager recovery projected for 2024, it seems like PC and tablet shipments will remain rather stagnant until at least 2025. We will have to wait and see what the second half of the decade has in store, but chances are that the economic headwinds will have calmed down by then which may spark rapid growth again.
Read next: Apple Search Sees Increased Ad Spend For User Acquisition
According to IDC, PC shipments have already gone down by nearly 13% this year, or 12.8% to be precise. Tablet sales have also decreased by around 6.8%, which takes a lot of the steam out of last year’s solid growth. With all of that having been said and now out of the way, it is important to note that neither of these products will see shipments recover and regain their 2021 heights until at least the middle of the decade.
The report also revealed that shipments will continue to decline through 2023. It is only in 2024 that growth might be seen again if the projections being made hold out that long. Much of this decline in shipments is occurring due to a saturation of the new demand that arose in the educational sector with all things having been considered and taken into account. Consumer and enterprise demand is being hampered by inflation because of the fact that this is the sort of thing that could potentially end up giving them less money to work with.
The short to mid term projections for these two products seem to suggest that 2021 may have been a one off. Consumers are also reacting negatively to bearish markets, since poorly performing investments will make them hesitate to splurge on a new PC or tablet.
Despite the meager recovery projected for 2024, it seems like PC and tablet shipments will remain rather stagnant until at least 2025. We will have to wait and see what the second half of the decade has in store, but chances are that the economic headwinds will have calmed down by then which may spark rapid growth again.
Read next: Apple Search Sees Increased Ad Spend For User Acquisition
