Lenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Mobile Banking USSD Codes For All Banks in Nigeria and how to use them

The introduction of USSD codes (Unstructured Supplementary Service Data) has changed the Nigerian banking system completely. Today, mobile banking...

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...
- Advertisement -

Consumer and commercial segments responded strongly to government assistance, pushing 27% year-on-year growth for the industry

As families around the world struggled to stay productive in work and school during the first wave of the COVID-19 pandemic, economic hardship was buoyed by government assistance. Consumers, commercial clients, and schools scrambled to purchase mobile productivity devices once thought to be redundant, driving 27% year-on-year growth for notebook shipments, according to Strategy Analytics’ latest report.

Now up for debate is whether demand from the back-to-school and holiday seasons were pulled forward due to the pandemic or if this just the beginning of a new growth era for Notebook PCs.

Lenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020
Lenovo and HP Combined to Control 50% of Notebook PC Market (Graphic: Business Wire)

Chirag Upadhyay, Senior Research Analyst said, “The main reason for all vendors’ success in improving supply chain demand is by working closely with the channel and retail partners. Most vendors started the quarter by delivering panic buy/backlog orders which were held back in March due to the lockdown imposed on the majority of the countries. However, as the quarter progressed, all the vendors managed to fulfil customers’ requirements on time by working closely with channel partners (including retail) to deliver products more efficiently and in a timely manner.”

He continued, “There is definitely a risk of prolonged economic hardship and a downturn in demand in countries still dealing with the first wave of infections, but this pessimism could spread quickly if more countries enter the second wave of infections like Japan, Hong Kong, Australia.”

- Advertisement -
Read Also:  NCC Restate Reason for Strict Measures in Sim Card Replacement

Eric Smith, Director – Connected Computing added, “The biggest surprise of the quarter was the robust demand generated from consumers buying their own devices for work, studying, and play despite tough economic headwinds. Gaming proved to be an effective distraction in a physically isolated world.

Chromebooks, in particular, experienced high demand from schools and consumers to support e-learning efforts. How these behaviours develop during and after the pandemic will be closely studied to determine the direction of the notebook market long-term.”

Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions.

Read Also:  Sovereign Ratings Affirmed By S&P

Exhibit 1: Lenovo and HP Combined to Control 50% of Notebook PC Market1

Lenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020 - Brand Spur
Source: Strategy Analytics’ Connected Computing Devices service
1 All figures are rounded

- Advertisement -
Lenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020 - Brand SpurLenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020 - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Lenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020 - Brand SpurLenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020 - Brand Spur

Latest News

LASACO Assurance Completes Share Capital Reconstruction

We refer to our market bulletin of 1 February 2021 with reference number: NSE/RD/LRD/MB07/21/02/01, wherein the Market was notified...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Lenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020 - Brand SpurLenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020 - Brand Spur