Daily Management Review

Canalys expects global PC market to grow 8% in 2024 on the back of AI integration


According to research firm Canalys, incorporation of artificial intelligence technologies into new devices is expected to drive an 8% growth in the worldwide PC market next year.

Analysts of the company forecast that consumers will begin updating the gadgets they bought during the COVID-19 outbreak.

Furthermore, the impending end of support for the Windows 10 operating system will boost purchases. According to Canalys, many enterprise clients will begin moving to new devices as early as next year, even though Microsoft will stop supporting the OS in October 2025.

IDC, another research firm, projects a 3.4% increase in PC sales by 2024. Experts at the company expect that sales would reach 68.5 million units in the third quarter of 2023, 7.2% fewer than in the same period in 2020.

source: cnbc.com