Computers and memory market are all set to bounce back next year, continuing a revival observed in recent months, iSuppli said said Monday. 

PC shipments are expected to grow 11.4 percent this year, the first double-digit growth in two years. And the market is seeing revenue rise for the first time since the boom period of 2000, with growth expected at 12.1 percent, the research firm said.

In 2004, PC shipments likely to see a 14.3 percent rise and revenue a14.8 percent increase, iSuppli said. Looking further ahead, it expects revenue to grow during the 2002 to 2007 period at a compound annual rate of 11.1 percent, while shipments are forecast to increase by 10.7 percent. Between 1998 and 2002, by comparison, PC revenue fell by 3.5 percent on a compound basis, and shipments rose only 8.6 percent.

The upturn is being driven by corporate IT purchases as well as strong interest among consumers, particularly a preference for notebooks because of falling prices and Wi-Fi compatibility. In emerging markets like China, consumer sales are on the increase, iSuppli said.

Gartner, meanwhile, recently said it expects worldwide PC shipments to reach 164.3 million units in 2003, a 10.9 percent increase from the previous year's numbers. But Gartner thinks the uptake among business buyers remains low, except in Europe.

By: DocMemory
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