Following a challenging start to the year for the personal computing device industry, International Data Corporation (IDC) has lowered its forecast for global PC and Tablet shipments with volumes expected to reach 384.8 million in 2023, down 15.2% compared to last year.

The report attributed the lowered outlook to global macroeconomic indicators that have continued to impact consumer spending habits and delayed purchases by commercial buyers over the past few months.

Additionally, the increasing average selling prices (ASPs) that have risen dramatically as a result of component shortages, inflation, and logistics disruptions, are expected to impact the Consumer Segment, as consumers revert to pre-pandemic habits where the PC wasn't at the centre of their daily computing needs.

But, IDC expects the Commercial Segment to help the market rebound in 2024 with global volumes reaching 403.1 million during the year and growing to 425 million by the end of 2027 as seen in the Techloy chart below.