The size of the personal computers (PC) market in India shrunk 15.2 per cent year-on-year (y-o-y) in 2016 to 8.58 million units from 10.12 million in 2015, analyst firm International Data Corporation said.
The sharp drop in sales is attributed to subdued consumer demand during the first half of the year and cash crunch following demonetisation of high-value currency notes in November.
Market leader HP India furthered its lead over Dell, despite market shares of both the firms growing during the year. While HP held 28.4 per cent of the market in 2016, up from 25.4 per cent in 2015,