IDC analysts noted a volume decline below 69 million units represents the lowest recorded volume since the first quarter of 2009.
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Analysts attributed a dimmer 2015 outlook to "economic and product changes," which "will create a head wind in the short term."
The PC market in the Asia-Pacific region continued to contract during 2014, but not as dramatically as it did in 2013, according to market analysis firm IDC.
The fourth quarter also gave way to the biggest market share difference between Lenovo and its routine closest competitor in second place, Hewlett-Packard.
Looking to snap up a new PC, tablet or free downloads? Check out this selection of the best deals we've seen so far.
There was also a shuffle on the leaderboard with Apple moving up into the top five vendors worldwide.
Just days after announcing job cuts in its global PC business, the Japanese hardware vendor says it will invest US$1 billion over the next five years in Southeast Asia and wants to double sales to US$7 billion.
Several recent forecasts have hinted at comebacks for the PC industry, but the latest IDC forecast maintains a much more conservative outlook.
According to IDC, the worldwide server market increased in Q2 as the enterprise undertakes server upgrades.
UPDATED: IDC figures aren't quite as hopeful as Gartner's latest pulse check on the PC industry.
The latest version of Disk Director gives PC enthusiasts and IT departments the tools to handle the latest hardware and software platforms.
The convertible device market that is expected to carry the PC market will remain flat in terms of market share through 2018, according to IDC.
The New Zealand PC market saw a 22 percent surge for the first quarter of this year, compared to the same period last year, recording the sale of 175,800 units for the quarter, according to IT market analysis firm, IDC.
The global market research firm adjusted its outlook for PC shipment declines toward the positive end of the spectrum -- but just by a smidge.
In the UK, tech sales staff -- not the customer -- often reign supreme, and this can be bad news for technology firms across the globe.
The global market intelligence firm described 2013's PC industry slump as "the most severe contraction on record."
The region marks its first annual double digit drop, dragged down by economic sluggishness in big emerging Asian markets, according to the research firm. Even top vendor Lenovo could not escape a slump in China.
Some of Poland's hardware companies are looking to start manufacturing PCs again, despite repeated proclamations the market is on life support. Is there life in the PC yet?
It's official. Linux gaming is going big time. Valve just announced more than a dozen new hardware Steam boxes from major gaming PC OEMs such as Alienware, Falcon Northwest, and Gigabyte
Some people are still in denial about the rise of the Linux operating system with the Chrome Web browser interface, Chrome OS, and its hardware: the Chromebooks. The experts say, however, it's the one segment of the PC market that's growing while everything else shrinks.
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