Desktop Monitors Market, by Type (CRT, LCD, LED), Application (Consumer & Commercial, Gaming, Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).
Desktop Monitors Market, by Type (CRT, LCD, LED), Application (Consumer & Commercial, Gaming, Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).
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"The global desktop monitors market is expected to witness impressive growth of 6.0% CAGR in the foreseeable future."
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 a higher display resolution than televisions which makes it easier to work out smaller letters and fine graphics.
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 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 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:
"Thegaming segmentaccounted for the largest market share."
The desktop monitors market is categorized into consumer & commercial, gaming, and others. Thegaming 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
"Asia Pacificaccounted for the largest market share."
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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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?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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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.?
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Detailed profiling of additional market players (up to three players)
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Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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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.
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.
