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    Desktop Monitors Market Growth Analysis

    Desktop Monitors Market Growth Analysis
    Report code - SR1281 Delivery - 2 Weeks
    Desktop Monitors Market Growth, Trends, Dynamics & Market Insights: 2021-2026
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    Market Insights

    The Desktop Monitors Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of 6.0% during the forecast period.

    What is a desktop monitor?

    A desktop monitor or a computer monitor is an output device that displays information in pictorial form. A monitor primarily comprises of visual display, casing, circuitry, and power supply. it's a device which shows pictures for computers. Monitors possess higher display resolution than televisions which makes it easier to work out smaller letters and fine graphics.

    Market Dynamics

    Increasing demand for consumer electronics such as computer peripherals such as desktop monitors in schools, colleges, offices, and personal computers is one of the key factors augmenting the market growth. Modern computer monitors also support high response time which is the time taken for the individual pixels to change color, which further boosts the product demand. Moreover, with the advent of new technologies such as USB type C, monitors are now able to streamline workstations and eliminate the need for costly desktop docking stations, which offers immense opportunities to the market players.

    The COVID-19 outbreak has positively influenced the desktop monitors industry. The pandemic has turned the lives of people worldwide, with the number of cases increasing rapidly which made people stuck in their homes with limited movement. The recent outbreak of COVID-19 and the announcement of lockdowns resulted in employees opting for work at home, which created a surge in demand and sale of computer peripherals, including monitors and laptops.

    Key Players

    Key players operating in the desktop monitors market are-

    • Samsung (South Korea)
    • LG (South Korea)
    • NEC Display Solutions (US)
    • BenQ (Taiwan)
    • Acer (Taiwan)
    • Asus (Taiwan)
    • HP (US)
    • Dell (US)
    • Lenovo Group Limited (Hong Kong)
    • Apple Inc. (US).

    Segment Analysis

    Application Trends

    The desktop monitors market is categorized into consumer & commercial, gaming, and others. The gaming 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 the advent of competitive gaming platforms, such as e-sports, which is considered to be a billion-dollar industry, and gaining traction of titles, such as Counter-Strike, Overwatch, Fortnite, and PUBG that can reach a refresh rate of as much as 240Hz to allow the screen to keep up with rapid movements of the players, which further bolsters the segment growth. 

    Regional Trends

    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 computer peripheral sectors. Also, most of the computer parts and hardware are predominantly manufactured from countries within Southeast Asia, including China, Taiwan, and South Korea, thereby proliferating the regional market growth.

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    Target Audience

    Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert-

    • Distributors
    • Suppliers
    • Manufacturers
    • Logistics organizations
    • Government bodies

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Desktop Monitors Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    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 the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.?

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The desktop monitors market is expected to witness an impressive growth of 6.0% CAGR in the foreseeable future.

    Samsung (South Korea), LG (South Korea), NEC Display Solutions (US), BenQ (Taiwan), Acer (Taiwan), Asus (Taiwan), HP (US), Dell (US), Lenovo Group Limited (Hong Kong), and Apple Inc. (US) are among the key players in the desktop monitors market.

    Increasing demand for consumer electronics such as computer peripherals is the key factor driving the growth of desktop monitors market.

    The gaming segment is expected to register a healthy CAGR in the desktop monitors market in the coming years.

    Asia-pacific is expected to grow at a substantial CAGR in the desktop monitors market during the next five years.