Laptops to grow 3.7 percent in PC market share by 2022 according to IDC
Analysts at market research firm IDC are sticking to their prediction of a shrinking PC market. The firm is forecasting a compound annual growth rate (CAGR) of -1.8 percent from now until the end of 2022. If accurate, worldwide PC shipments by 2022 would be just 378.3 million compared to 407 million in 2018.
Much of the anticipated decline can be attributed to the disappointing sales of slate tablet PCs. These traditional tablets are losing ground to detachable tablets like the Microsoft Surface series where removable keyboards are an option. Slate tablets and detachable tablets are expected to contract by 5.8 percent and grow by 7.8 percent CAGR, respectively, through 2022.
It's not all doom and gloom, however, as IDC is predicting a slight recovery in 2019 due to new products from Apple, Microsoft, Samsung, and Google. Flexible displays and mobile Nvidia Turing are anticipated to make a splash at CES 2019 next month to entice both general consumers and hardcore gamers.