Press release
Sales Scenario of Global Portable Monitor Market to Remain Positive Through 2031
Market Overview
The study of market analysis of the Portable Monitor Market focuses on the key elements and the market dynamics of a specific market within that industry. Portable Monitor Market study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
As per the revised report by Persistence Market Research, the global portable monitors market is expected to expand at an impressive CAGR of close to 16% over the forecast period (2021-2031).
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Though LED is the most widely used technology at present, the emerging trend of innovative display technologies such as OLED and 4K portable monitor display is catalyzing demand for portable monitors across countries. OLED display technology offers high image quality, low power consumption, and low response times, among other features. Also, 4K portable monitors are designed with innovative features such as touch and stylus support for Windows, Android, and others, 60Hz refresh rate, 1 to 2ms response time, and USB hub for power and expansion. Portable monitors offer various benefits such as easy setup and assembly, sleek design, and durability, as well as improved user performance, efficiency, and workflow.
Key Players:
The report has profiled some of the Important players prevalent in the global like - HP Inc., AsusTek Computer Inc., LG Electronics, Samsung Electronics Co., Ltd., Lenovo Group Limited, ViewSonic Corporation, AOC Systems Inc., Dell, Acer Inc. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Portable Monitor.
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Key Takeaways from Market Study
The South Asia & Pacific region is expected to create lucrative growth opportunities for players in the market, due to rise in digital IT infrastructure and changing manufacturing landscape in the region.
Growing trend of cost-effective portable monitors along with technological advancements is creating new growth opportunities for end users.
Key players in the market are focusing on acquisitions to complement their product portfolio, so as to cater to the needs of a variety of customers. Market participants are also focusing on providing products directly to end users to improve direct customer relations.
The market in the U.S. is projected to expand at a CAGR of over 11% through 2031, while that in Germany at around 6%.
Market growth in China, Japan, and India is expected to be much higher, at around 17%, 20%, and 26%, respectively.
14 inch - 20 inch portable monitors enjoy the most demand and are expected to hold a market share of over three-fourth in 2031.
Sales of LED portable monitors will be the highest throughout the forecast period, with a market share of around 70% in 2031.
Online sales of portable monitors to lend high impetus to market expansion over next ten years.
"Portable monitor manufacturers can increase revenue by upgrading existing facilities to enhance operational efficiency, reduce operating cost, and offer advanced features such as auto rotatable, lightweight, high resolution display, and high video quality," says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Portable Monitor Market Manufacturers
Portable Monitor Market Distributors/Traders/Wholesalers
Portable Monitor Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
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