The PC market will grow only 4.3 percent in 2009 – an outlook iSuppli said Wednesday it cut by nearly two-third.
The research firm had previously forecast 11.9 percent worldwide growth in shipments. The global economic landscape has changed dramatically and financial turmoil means there is less money to spend on computers, said Matthew Wilkins, principal analyst.
ISuppli said it sees desktop PC shipments declining about 5 percent and notebooks growing about 15 percent.
The firm also sees growth resuming in 2010. It projects the market will be up 7.1 percent. It had previously anticipated 2010 growth of 9.4 percent.
The market had shown annual growth of about 10 percent over the past five years.