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Despite the Decline, Lenovo Tops Global PC Market in Q4 2021

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Lenovo’s worldwide PC shipments fell nearly 12 percent in the fourth quarter (Q4) of 2021, the first period of year-over-year decline since the first quarter of 2020. Still, with a 24.6 percent market share, Lenovo remained the top vendor in the global PC market, according to a Gartner report.

The decline was due to the slowed US market, weak Chromebook demand, and supply chain issues that impeded Lenovo’s ability to supply PCs to enterprise customers.

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These factors also contributed to HP’s 4 percent year-over-year decline. However, HP’s decline was tempered by robust Asian-Pacific market growth.

HP, with a 21.1 percent share, was second, followed by Dell, with a 19.5 percent global market share in Q4.

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Worldwide PC shipments totaled 88.4 million units in the fourth quarter of 2021, a 5 percent decrease from the fourth quarter of 2020.

This is the first year-over-year decline following six consecutive quarters of growth. For the year, PC shipments reached 339.8 million units in 2021, a 9.9 percent increase from 2020, said the report.

“A sharp decline in the US PC market, caused by ongoing supply chain issues and the collapse in demand for Chromebooks, drove this quarter’s slowdown,” said Mikako Kitagawa, research director at Gartner. “This likely signifies the end of the massive and unexpected growth in PC demand triggered by the pandemic.

The top three vendors in the worldwide PC market remained unchanged in the fourth quarter of 2021.

Dell gained market share this period after notching a fifth consecutive quarter of growth.

Shipment volume exceeded 17 million units for the first time in the company’s history, led by strong performance in Latin America, EMEA, and the Asia Pacific.

“The pandemic significantly changed business and consumer PC user behaviour, as people had to adopt to new ways of working and living,” said Kitagawa.

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