The global laptop market boomed in the second quarter and

The global laptop market boomed in the second quarter and is expected to return to pre-pandemic levels in 2024

The analysis company TrendForce has presented statistics on laptop shipments this year. The company saw a sharp increase in global notebook shipments in the second quarter and continued growth in the third quarter of the year, albeit at a significantly slower pace. However, analysts predicted a decline for the fourth quarter.

In the second quarter, global notebook shipments rose to 42.52 million units, up 21.6% from the previous quarter. However, 77.5 million laptops were sold in the entire first half of the year, which is 23.5% less than in the same period last year. With the economic outlook for the two most important laptop markets – the US and Europe – uncertain, TrendForce forecasts moderate shipment growth of 3.8% to 44.13 million units for the third quarter. Overall, analysts expect laptop shipments to reach 163 million units in 2023, down 12.2% year-on-year.

As market inventories have increased and expected inflationary pressures begin to stabilize, global laptop shipments could recover, TrendForce said. The analytics firm predicts year-over-year growth rates in 2024 will be between 2% and 5%, meaning shipments will be slightly above pre-pandemic levels.

The problems observed in China with the economic situation and the level of employment allow for a pessimistic assessment of the development of the laptop market. In contrast, the US experienced strong demand growth in 2023, although growth in 2024 is expected to be moderate. In Europe, we can expect consumer demand to pick up in the second half of the year, provided the overall economic climate improves. Finally, in Southeast Asia, deliveries are expected to increase amid a growing consumer segment, indicating an expected slight increase in custom model sales.

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Johnson Smith

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