NEW DELHI : The pandemic-led shift to remote work, which fuelled massive demand for PCs and laptops in the last two years, is starting to fade.
Analysts and IT industry experts expect sales to weaken further due to a slump in consumer demand driven by inflationary pressures.
This, in turn, will force brands to cut prices of consumer laptops and offer either discounts or bundled offers for commercial deals. “PC refresh happens in cycles.
We are past the highest cycle which was during covid-19. That sort of growth cycle will not happen again. The double-digit decline will continue for the next 2-3 quarters," said Tarun Pathak, research director at Counterpoint Research.