Press release
Monitor Market: Swift Growth to $87.22 Billion by 2029 at 4.2% CAGR, Propel by Technological Advancements
Monitor Market Insights
What Is The Projected Market Size Of The Global Monitor Market And Its Growth Rate?
The global Monitor market landscape shows a promising future:
• The market size expanded from $70.75 billion in 2024 to $74.11 billion in 2025, at a CAGR of 4.7%.
• Factors like computing and digitalization boom, entertainment consumption trends, business expansion, and educational advancements played a significant role in this historic growth.
• Projected to reach $87.22 billion by 2029, the market would grow at a steady CAGR of 4.2%.
• Future growth is linked with remote work, advanced gaming experiences, media streaming and content consumption, and specialized professional applications.
What Is Driving The Growth In The Monitor Market?
The global Monitor market is primarily driven by increasing internet penetration. Online activities for work, education, and entertainment have created a demand for larger and better-quality monitors. In 2022, ITU reported that the global internet population reached 5.3 billion, a 6.1% increase over 2021. Such a growing user base contributes significantly to the monitor market's expansion.
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Who Are the Key Players Driving Monitor Market Growth?
The global monitor market growth is credited to the following key players:
• Samsung Electronics Co. Ltd.
• LG Electronics Inc.
• Dell Technologies Inc.
• HP Inc.
• Lenovo Group Limited
• Acer Inc.
• ASUS Computer International
• AOC International
• BenQ Corporation
• ViewSonic Corporation
• MSI (Micro-Star International Co., Ltd.)
• Koninklijke Philips N.V.
• NEC Display Solutions
• EIZO Corporation
• Sony Corporation
• Apple Inc.
• Toshiba Corporation
• Fujitsu Limited
• Hannspree Europe Holdings B.V.
• Sharp Corporation
• Hisense Group
• VIZIO Inc.
• Planar Systems Inc.
• Sceptre Inc.
• Westinghouse Digital LLC
• Elecrow
• DoubleSight Displays
• GIGABYTE Technology Co. Ltd.
• Chimei Innolux Corporation
What Are The Key Trends In The Monitor Market?
The key trends reshaping the future of the global Monitor market include:
• USB-C connectivity and single-cable solutions
• Ergonomic design features
• Frameless and slim bezels
• Adaptive sync and variable refresh rate
• Remote work-friendly features
What Are The Segments Of The Global Monitor Market?
The global Monitor market is divided into the following segments:
• By Type: Cathode-ray tube (CRT), Liquid Crystal Display (LCD), Light-Emitting Diode (LED)
• By Resolution: 1366*768, 1920* 1080, 1536*864, 1280*720, 1440*900, Other Resolutions
• By Application: Gaming, Business/Commercial, Personal
Which Region Leads The Monitor Market?
Asia-Pacific held the largest share of the monitor market in 2024, with North America being the fastest-growing region. The Monitor market report covers regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Monitor Market Global Market Report?
- Market Size Analysis: Analyze the Monitor Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Monitor Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Monitor Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Monitor Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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