Normalising consumer demand amid supply chain disruption

The computer industry experienced an unexpected comeback in 2020 and 2021 with global shipments reaching levels not seen since 2014. The pandemic forced educational institutions, public administration and corporates to fast-forward their adoption of remote work and invest tens of billions of dollars into new hardware, with annual computer shipments jumping from a low of 412 million units in 2019 to a high of 516 million units in 2021, amounting to a total turnover of US$360bn. 

Since Q3 2021, global computer shipments have been declining on a year-on-year basis. While the industry attributed much of the decline to supply chain issues in H2 2021, signs of softer demand began to materialise in Q1 2022 where leading manufacturers had mixed fortunes and total shipments is expected to decline by 5-10% to around 465-490 million units for the full year. Where does the sector go from here? Download our report today to find out key sector risks and opportunities across the Asia Pacific region.