Global PC market set for 8% growth next year, says Canalys

According to the latest Canalys forecasts, worldwide PC shipments are on the verge of recovery following seven consecutive quarters of decline. The market is expected to return to growth of five per cent in Q4 2023, boosted by a strong holiday season and an improving macroeconomic environment.

Looking ahead, full-year 2024 shipments are forecast to hit 267 million units, landing eight per cent higher than in 2023, helped by tailwinds including the Windows refresh cycle and emergence of AI-capable and Arm-based devices, the research firm said.

“The global PC market is on a recovery path and set to return to 2019 shipment levels by next year,” said Canalys analyst Ben Yeh. “The impact of AI on the PC industry will be profound, with leading players across OEMs, processor manufacturers, and operating system providers focused on delivering new AI-capable models in 2024.”

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Jim Love, Chief Content Officer, IT World Canada

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