Large Screen Monitor Market Analysis | 2021-2026

Market Insights

"The global large screen monitor market estimates a healthy growth rate of 5.8% CAGR during the forecast period."

A screen display monitor is a device that's designed to display video output from computers. Display monitors are widely employed in many computer devices, signage, among others. an oversized screen monitor can help to hide an even bigger screen which may reduce clutter and display the content effectively and clearly.

Strong adoption of interactive displays and signage by end-user from the commercial sector and rising demand for 4K and 8K high-resolution commercial-grade large-screen displays from the healthcare, education, and sports & entertainment are likely to boost the market growth. In addition, significant technological developments and advancements related to large screen monitors coupled with growing investments by developing countries in public infrastructure and real estate development projects further augment the industry growth.

The COVID-19 outbreak has moderately affected the large screen monitor industry. The pandemic has turned the lives of people worldwide, with the number of cases increasing rapidly. Rising coronavirus cases across the globe resulted in stringent social distance and lockdown norms across the globe, which led to supply chain disruption, thus affecting the product demand. COVID-19 not only impacted the operations of the various large screen monitor companies but also affected the businesses of their suppliers. The fail in export shipments and slow domestic demand for large screen monitor products in comparison to pre-COVID-19 levels is also anticipated to negatively impact and slightly stagnate the demand for large format displays in short term.

Key Players

Key players operating in the large screen monitor market are:

• Large Screen Displays (US)
• AOC (Taiwan)
• Barco (Belgium)
• Samsung (South Korea)
• LG (South Korea)
• Philips (Netherlands)
• NEC Display Solutions (US)
• BenQ (Taiwan)
• Acer (Taiwan)
• Asus (Taiwan).

Segment's Analysis

Application Insights

"The commercial segment accounted for the largest market share."

Based on application, the large screen monitor market is categorized into personal and commercial. The commercial segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. This is mainly attributed to increased activity of brand and offers advertisements by several organizations which are largely deploying large screens of various sizes in shopping malls and retail stores, further bolstering the segment growth. 

Regional Trends

"Asia Pacific accounted for the largest market share."

By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly ascribed to the rising adoption of new technologies and advancements in the retail and infrastructure sectors. Also, increased infrastructure developments, growing foreign investment in several sectors, such as transportation, retail, healthcare, hospitality, utility, education, and manufacturing, and government spending in improving public and private infrastructure and services further proliferate regional market growth

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This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

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