Lenovo ranks first! China's workstation sales fell 7.4% year-on-year in the first quarter of 2023

Lenovo

China’s Workstation Market Performance in Q1 2023

According to IDC’s latest report, the overall PC market in China witnessed a sharp decline of 27.4% year-on-year in the first quarter of 2023. Despite this, the workstation segment fared better with a relatively moderate decline of 7.4%. The report also forecasts a recovery in the second half of 2023, driven by economic recovery and advancements in digital media, AI, scientific computing, and design. IDC predicts that the annual shipments of workstations in China will reach 958,000 units in 2023, marking a 9.5% year-on-year increase.

China’s workstation shipments in the first quarter of 2023 (Source: IDC)

Lenovo Maintains Market Leadership

Lenovo workstation market has continued to lead China’s workstation market, securing a 42.8% market share in Q1 2023. Despite the overall market decline, Lenovo’s dominance remains strong, outperforming other key competitors. Dell and HP, two of the other major players in the workstation market, also experienced shifts in their market positions. Dell saw a decline in its market share, while HP experienced growth.

IDC’s predictions suggest that the workstation market will stabilize and grow starting in the latter half of 2023. The compound annual growth rate (CAGR) for China’s workstation market shipments is expected to reach 6.1% over the next five years.

Mobile Workstations Perform Better

The data also reveals that mobile workstations performed relatively better in Q1 2023, with a year-on-year decrease of only 5.2%. Mobile workstations are expected to make up 33.4% of the overall workstation market by the end of 2023, signaling an ongoing demand for portable, high-performance computing solutions.

The Future of China’s Workstation Market

IDC remains optimistic about the future of China’s workstation market. The forecasted increase in workstation demand is tied to growing sectors such as digital media, AI, and scientific computing. As Lenovo maintains its top position in the market, the company is poised to benefit from this projected growth.

Conclusion

Despite a challenging start to 2023, Lenovo remains the leader in China’s workstation market. As the market recovers, Lenovo’s continued focus on innovation and meeting the evolving needs of the commercial sector will likely keep it at the forefront. With IDC predicting a 9.5% increase in workstation shipments by the end of the year, Lenovo and its competitors are set to experience growth in the coming months.

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