IDC: Philippine PC Market declined in Q4 2022

The Philippine PC market decreased by 18.5% quarter over quarter and fell by 48.9% year over year sitting at 464,000 units in Q4 of 2022. This is according to the International Data Corporation’s (IDC) Worldwide Quarterly Personal Computing Device Tracker.

“The market declined across notebooks and desktops. Household consumption was largely fulfilled and refocused on other spending activities geared toward the holiday season. Macroeconomic pressures further drove inventory rationalization among vendors,” according to IDC Philippines Associate Market Analyst Jeeno Velasco.

Velasco added that demand for desktops for company workers required to report back to work should have increased shipments for the corporate sector but this didn’t pan out. He cited rising inflation, higher interest rates, and a looming recession as the possible reasons for the decline in shipments.