IDC: Philippine PC Market Fell 24.2% YoY in 2023, Education Projects to Drive Double-Digit Growth in 2024

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For more information, contact:

• Roben Victor Dispo  Email: roben.dispo@idc.com
• Miguel Carreon  Email: mcarreon@idc.com
• Michael De La Cruz  Email: mdelacruz@idc.com

METRO MANILA, 01 April 2024 – According to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, the Philippine PC market declined 24.2% year-on-year (YoY) with shipments reaching 1.89 million units in 2023.

“Despite the improved results in 4Q23 with a 10.5% annual increase recorded in that specific quarter, 2023 PC market registered a substantial decline of 24.2% with shipments saturated in the first half of the year reeling from low demand in the market followed by vendors prioritizing inventory management in the second half of the year”, says Roben Dispo, Associate Research Analyst, Devices Research, IDC Philippines.

Note: The "Company" represents the current parent company (or holding company) for all brands owned and operated as subsidiary.

The government sector experienced a sharp decrease in purchases during the first half of 2023 due to many procurement-related difficulties. As these challenges were resolved, it resulted in the surge in deals during the second half of 2023. Meanwhile, the private sector remained cautious about purchases, reflecting a negative outlook for the year. This cautious stance extended to the consumer market, which witnessed a decline in demand parallel with the decelerating trend in household spending.

Even though both HP Inc and Lenovo’s share grew especially in the commercial segment, Acer remained unhinged at the top with consistent demand coming from the consumer segment.

“Although inventory levels are still being managed carefully, vendors are likely to remain cautious amidst economic uncertainties and soft demand. Nevertheless, shipments are forecasted to rebound by 26.5% this year with growth driven by the education sector, as more than 490K laptops are expected to be delivered to the DepEd Computerization Program (DCP) via multiple deals which were announced since the end of last year,” Dispo added.

To know more about the IDC Worldwide Quarterly Personal Computing Devices Tracker, please contact Roben Dispo at roben.dispo@idc.com. For media queries, please contact Michael de la Cruz at mdelacruz@idc.com     or Miguel Carreon mcarreon@idc.com.

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About IDC 

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDCAP and news and insights.

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