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HP, Dell Challenge Lenovo's Worldwide Dominance In The Incredible, Shrinking PC Market

The global PC market fell to its lowest level in 10 years, driven by weak demand and price increases to memory and SSD shortages. Here are five takeaways from the shrinking PC market.

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Consumers Aren't Buying New PCs

Consumers who still buy PCs are holding onto their machines longer, putting off replacing them until they have to, while others have "abandoned the PC market altogether," for mobile devices and 2-in-1s, Gartner said. Still, the PC remains the primary work device for business customers, even if they too put off new PC purchases for longer than they have in the past.

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