Impact on the laptop market due to Coronavirus.


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Uploaded on Oct 13, 2020

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PPT on Impact on the laptop market due to Coronavirus.

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Impact on the laptop market due to Coronavirus.

Impact on the laptop market due to Coronavirus INTRODUCTION The sudden surge in demand for laptops triggered by work from home (WFH) culture and online learning, has pushed up prices of new and refurbished laptops by 30-40%. Source: deccanherald.com DEMAND OF LAPTOP In the last three months, prices of refurbished laptops have gone up by Rs 5,000 to 8,000, depending on the configuration. New laptops powered by Intel processors have seen an average price rise of Rs 12,000 to Rs 15,000. Source: deccanherald.com INCREASE IN PRICE The cost of a 4-year old refurbished Dell Latitude laptop with i5 processor which was Rs 16,000 three months ago, is now 25,000. A Lenovo T450 business laptop is now sold at Rs 24,000 from Rs 16,000 to Rs 18,000 before the lockdown. Source: The Guardian WORK FROM HOME There was a sudden spike in demand for laptops in early April as companies adopted work from home. While MNCs are buying new laptops, smaller organizations are looking for refurbished laptops. Source: The Verge ONLINE CLASSES The demand dropped in May and picked up again in early June as schools resumed with online classes. Source: deccanherald.com GAMING LAPTOPS Branded players have seen good traction for laptops, chrome books, and gaming laptops among others as most people are at home and gaming has become an alternative to outdoor activities. Source: deccanherald.com SHORTAGE IN LAPTOPS Laptops are being preferred over desktops due to mobility and connectivity. This has led to shortage in laptops and unprecedented demand for refurbished laptops. Source: The Economic Times INDIVIDUAL DEVICES PCs have become essential and consumers are looking for individual devices instead of one shared device among family members. Enterprises and home users are looking for devices that enable mobility, security and connectivity. Source: Blooberg CUSTOMER SEGMENT The surge in demand comes from those who are upgrading their laptops to be used for work from home purposes, which is the new segment that never existed before. This has resulted in a spike in sales of laptops in the mainstream segment Source: Nextiva COVID-19 IMPACT In India, PC shipments for the first quarter reached only 1.8 million due to the nationwide lockdown, according to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. Lenovo secured the third position with a market share of 20 per cent. Source: The Economic Times