Canalys forecast India’s PC and tablet market to grow 14% in 2024

The Indian PC market (including desktops, notebooks and tablets) grew 4% year on year in Q4 2023, with 4.3 million units shipped. This growth was primarily driven by a 27% increase in desktop shipments, which reached 884,000 units. Notebooks grew more modestly, by 3% to 2.3 million units, while tablet shipments suffered a 9% decline, with 1.1 million units shipped. Despite this quarterly growth, PC shipments fell by 11% overall in 2023. But we anticipate a strong rebound in 2024, with all three categories expected to see robust growth. Tablets are predicted to be the main driver of this growth, with an impressive 24% year-on-year increase.
“At the tail end of 2023, India’s PC market faced high inventory levels in the channel, driven by a supply push due to fears of import restrictions,” said Canalys Analyst Ashweej Aithal. “With the government subsequently easing these restrictions, vendors focused primarily on inventory correction. Successful efforts here helped support a second consecutive quarter of shipment growth. But there is now strong optimism for market recovery in 2024 across all customer segments. The 2023 holiday season already showed positive signs related to consumer sentiment toward discretionary spending. In the commercial space, the specter of recession had...