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Where’s HP in the PC Market Now?

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HP’s market share improved in 2016

Market research firm IDC estimated worldwide PC shipments of 70.2 million units in 4Q16, a fall of 1.5% YoY (year-over-year). Annual shipments also fell 5.7% YoY to 260 million units in calendar 2016.

HP continued to be the second-largest PC manufacturer in calendar 2016 and 4Q16. Its shipments rose for the third consecutive quarter, climbing 6.6% YoY in 4Q16. The firm shipped over 15 million units—its largest level since 4Q14. In 2016, HP’s shipments rose 1.3% YoY.

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In comparison, global shipments fell 5.7% YoY in calendar 2016 and 1.5% YoY in 4Q16. This means HP’s unit shipments continued to rise despite the declining market. PC shipments have been in a steady decline over the past few quarters, driven by low demand and coupled with maturing markets in developed economies.

Major players in the PC segment

Notably, China’s (FXI) Lenovo (LNVGY) remained the market leader in the PC space, with a market share of 22.4% in 4Q16. It was followed by HP (HPQ) and Dell, with shares of 21.7% and 15.7%, respectively.

In 2016, the MacBook (AAPL) came in fifth place globally, with a 9.8% YoY fall in shipments. Lenovo saw its shipments fall 3.0% in 2016 to 55.0 million units, and HPQ held onto second place globally, with a share of 20.9%, followed by Dell and Asus at 15.7% and 7.4%, respectively.

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