Market Intelligence & Consulting Institute (MIC) has recently released our latest five-year forecast value pack, which delivers MIC's comprehensive research findings for the global notebook PC, desktop PC, server, motherboard, Wi-Fi connected device, and smartphone industries for the period 2024-2028.
When it comes to the global PC market, global PC shipments are expected to reach 246.1 million units in 2024 and 265.5 million units in 2025, up 8.3% year-on-year. The compound annual growth rate (CAGR) is estimated at 2.7% for the period 2024-2028.
Despite resolving excess inventory in the desktop PC supply chain and achieving healthier inventory levels, the market remained impacted by sluggish global economic conditions and high inflation rates, leading to sustained weak consumer demand for PC products. Nevertheless, the global desktop PC market is expected to rebound in 2024. Facing the ongoing global economic downturn, the notebook PC market witnessed another subdued year in 2023. Nevertheless, following two consecutive years of declining demand, manufacturers in the notebook PC supply chain are optimistic about a rebound in 2024, driven by the replacement demand from post-COVID-19 consumers.
Meanwhile, the global server market in 2024 is expected to experience a resurgence driven by factors such as generative AI and fine-tuning large language models (LLMs) for enterprises. The demand for AI servers is projected to continue rising, leading to a potential recovery in the global server market.
Global Desktop PC, Notebook PC, and Server Shipment Volume, 2022-2028
Note 1: GR = Year-on-Year Growth Rate
Note 2: DT product values include the number of AIO PCs
Source: MIC, August 2024
With global inflation pressures easing, global PC shipments are expected to return to positive growth in 2024, following two consecutive years of decline. This rebound will be driven by a wave of corporate upgrades. In 2025, AI PCs, benefiting from more integrated software and hardware, will be a key force in driving the industry's recovery.
About Market Intelligence & Consulting Institute (MIC):
Established in 1987, Market Intelligence & Consulting Institute (MIC) is a division of III (Institute for Information Industry), a major government think tank, and one of the leading IT research institutes in Taiwan. MIC specializes in industry and market research. With over three decades of experience, MIC provides valuable insights and data-driven recommendations to assist businesses in making informed decisions.
To know more about this topic, please visit: Global Desktop PC Market Forecast, 2024 - 2028, Global Notebook PC Market Forecast, 2024 - 2028, Global Server Market Forecast, 2024 - 2028, Global Five-Year Market Forecast 2024-2028: PCs, Servers, Motherboards, Wi-Fi Connected Devices, and Smartphones
For future receipt of press releases, please subscribe here
To know more about MIC research findings, please access our website.
For future inquiry, please contact MIC Public Relations
If you prefer not to receive notifications, please click here to unsubscribe