Lenovo Continues to Lead the Global PC Market Share

According to the latest data from Canalys, Lenovo continues to lead the global PC market. In the third quarter of 2024, Lenovo's global PC shipments reached 16.5 million units, a year-on-year increase of 3%, and its market share increased to 24.8%.

In the third quarter of 2024, the overall global PC market shipments increased by 1.3% year-on-year to 66.4 million units. Among them, the shipment of notebook computers increased the most, reaching 53.5 million units, a year-on-year increase of 2.8%. In contrast, the shipment of desktop computers declined, down 4.6% year-on-year to 12.9 million units. The market demand for portable computers remains strong, especially those equipped with advanced technology.

After Lenovo, HP and Dell ranked second and third in the global PC market, respectively. HP shipped 13.5 million units, the same as the same period last year, with a market share of 20.4%. Dell shipped 9.8 million units, a year-on-year decrease of 4%, with a market share of 14.8%. It is worth noting that Apple's shipments fell sharply by 17.5% in this quarter to only 5.1 million units, and its market share dropped to 7.7%, which was mainly due to Apple's shortcomings in product innovation and market demand. 

Note: Unit shipments in thousands. Percentages may not add up to 100% due to rounding.

Source: Canalys PC Analysis (sell-in shipments), October 2024

Lenovo launched a number of AI PC products in 2024 to meet the market demand for high-performance computing devices. These products have received positive feedback in the market, especially among enterprises and professional users. 

PCs purchased during the 2020-2021 epidemic have entered the update cycle, and the demand of individual and corporate users has been released, which has promoted the recovery of the market. AI PCs are considered to be the next key factor driving market growth. It is expected that by 2025, AI PC shipments will exceed 100 million units, accounting for 40% of total PC shipments.