Impacted by consumer market softening to an all-time low, shipments fell 20.8 per cent per cent sequentially from 2.52 million units in the October-December 2015 period, the report by research firm IDC said.
HP reclaimed the top spot with market share of 25.1 per cent in the PC market, followed by Dell (23.6 per cent), Lenovo (19.7 per cent) and Acer (11.8 per cent) in the reported quarter.
"For the first time in last four years, the overall consumer market has dipped to an all-time low in terms of unit shipment," IDC India Senior Market Analyst Client Devices Manish Yadav told PTI.
"While the quarter started with positive sentiment, the actual buying did not keep up. However, this is quite normal during the budget announcement period and vendors are now hoping for a seasonal turnaround in Q2 2016," he added.
For the year ahead, Yadav said: "With seasonality factors and various macro-economic indicators looking positive, the industry is up for a period of stability after a volatile 2015 and early 2016. This sense of optimism seems to be rubbing off on the Indian consumer, which will increase the consumption in near future".
"While the policy direction laid by the government indicates a positive momentum going forward, it will be crucial to firm up the implementation strategy as well," Yadav said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
