Lenovo leads PC market, ahead of HP and Dell in third quarter

Lenovo is leading the global PC market in the third quarter of 2014, according to reports from IDC and Gartner.

The Chinese PC brand is ahead of both HP and Dell.

Yang Yuanqing, chairman & CEO, Lenovo, said: “Reaching the 20 percent mark in global PC share is a great milestone for Lenovo – and we got there even faster than expected.  While others have been looking for a game plan that works, we have been executing ours and the results speak for themselves.”

Lenovo said it is number 2 in the growing PC + tablet market and number 3 in global tablet sales and servers.

“We will soon be number 3 in worldwide smartphones. Even as our revenues approach $50 billion, Lenovo has remained consistent and nimble,” Yuanqing said.

IDC report on PC market share

According to IDC, the following is the PC market share of top vendors

PC shipments in Q3 2014 by IDC

IDC said Lenovo shipped 15.7 million units in Q3 2014.

The vendor managed to regain growth in Asia/Pacific (excluding Japan) as well as maintain its strong pace of expansion and growth in EMEA.

HP, the second largest PC vendor, shipped 14.7 million units. EMEA and mature markets continued to be the vendor’s primary sources of growth. Last-minute public sector notebook shipments also supported HP.

Dell shipped over 10 million units, growing 9.7 percent on the year, much of it based on a strong performance in notebooks in the U.S. and Asia/Pacific (excluding Japan).

Acer grew over 11 percent, in part due to low volume a year ago but also from the success of its Chromebooks and entry-level notebooks.

Apple moved into the number 5 position on a worldwide basis, slightly overtaking ASUS.

Lenovo retail shop in Delhi

The company’s steady growth, along with recent price cuts and improved demand in mature markets, has helped it to consistently outgrow the market.

IDC said worldwide PC shipments dipped 1.7 percent to 78.5 million units in the third quarter of 2014.

IDC said commercial PC purchases played a key role in many markets, with the top three vendors – Lenovo, HP, and Dell –showing solid growth.

Conversely, fierce competition and a spiral toward tablet-like prices helped to further consolidate the market. Shipments of entry systems, including Chromebooks, continued to inject an important source of volume and sustained improved consumer demand in certain markets.

Mature markets drove the market, with North America and parts of Europe seeing improvements across segments.

Though Windows XP migrations have slowed, an improved business outlook, tablet saturation in some markets, and expanded offerings of competitive notebooks have factored in recent positive trends.

Emerging regions as a whole proved disappointing, though stronger than expected consumer demand in Asia/Pacific, spurred by the continued expansion of entry-level portable PCs and helping to redirect consumer attention back toward PCs, provided a silver lining.

Gartner report on PC market share

According to Gartner, the following is the PC market share of top vendors

PC shipments in Q3 2014 by Gartner

Gartner said PC shipments decreased 0.5 percent to 79.4 million units.

For the first time, the sum of the top five vendors’ share reached two-thirds of the worldwide PC shipments.

Some vendors have already scaled back or have withdrawn from the PC business — namely, Sony and Samsung — and Toshiba joined them in Q3.

Gartner said Lenovo did especially well in EMEA as it achieved more than 40 percent growth over the third quarter last year. It also had year-over-year growth in Asia/Pacific, despite the region showing a decline overall.

Aryan B
editor@gizmolead.com

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