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China Surpasses the U.S. to Become World's Largest PC Market

China Surpasses the U.S. to Become World's Largest PC Market

by CFO Innovation Asia Staff, 24 August 2011
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PC shipments in the China market have exceeded those of the United States in the second quarter of 2011 (2Q11), according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker.

 

Approximately 18.5 million units worth US$11.9 billion shipped in China during the quarter, compared to 17.7 million units worth US$11.7 billion in the U.S. China represented 22% of the global PC market's unit shipments compared to the US at 21%.

 

On a full year basis, IDC still expects the U.S. to remain the largest market in 2011, with 73.5 million units forecast to be shipped in the U.S. versus 72.4 million in China. Similarly, holiday season buying in the U.S. will likely keep it ahead of China in the fourth quarter, especially ass China's market contracts after its third quarter summer promotions.

 

IDC does not expect China to exceed the U.S. in full year shipments until 2012, when 85.2 million units are forecast to be shipped in China and 76.6 million units in the U.S.

 

"There are of course still risks ahead for China, including not just inflation but also the impact of economic conditions in the U.S. and Europe," says Kitty Fok, Vice President for Greater China Research at IDC. "But in the meantime, the Chinese government's 12th Five-Year Plan should help large enterprises in various infrastructure verticals to continue to move along, not to mention of course the ongoing efforts to increase consumer penetration in lower-tier cities."

 

"China's lead in the PC market is a huge shift that reflects the rising fortunes of emerging markets as well as the relative stagnation of more mature regions." say Loren Loverde, Program Vice President, Worldwide PC Tracker. "While the immediate economic circumstances in the US and other markets had a significant impact on the timing of China's move to the lead, they have not changed the trend, but accelerated it."

 

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