The market analysis agency Canalys released a report that the global personal computer market experienced a sharp decline in demand in the third quarter of 2022. Businesses were more cautious in spending on IT, and weakness in the consumer and education markets intensified, with total desktop and notebook shipments down 18% to 69.4 million. Unfavorable macroeconomic and industry factors, including high inflation, rising interest rates, and large channel inventories, have dampened momentum in the PC market, which is likely to persist into 2023. Laptop shipments were the most affected, down 19% year over year to 54.7 million units. Due to less reliance on consumer spending, desktop shipments were relatively stable, totaling 14.7 million units, down 11% year over year.
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