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Key Trends Shaping the Future Monitor Market From 2025-2034

03-12-2025 05:00 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Monitor

Monitor

What industry-specific factors are fueling the growth of the monitor market?
The monitor market is projected to grow due to the expanding internet usage in the forecast period. The surge in internet usage for tasks such as work, education and entertainment has resulted in a demand for bigger and better-quality monitors. For instance, a 2022 publication by the Switzerland-based United Nations agency International Telecommunication Union (ITU) stated that worldwide internet penetration equivalent to 66% of the global population was achieved, touching approximately 5.3 billion people. This showed a growth increase of 6.1% from 2021. Thus, the increasing internet usage influences the expansion of the monitor market.

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What Is the projected market size and growth rate for the monitor market?
In recent years, there has been a consistent expansion in the monitor market size. The market is predicted to escalate from $70.75 billion in 2024 and reach $74.11 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.7%. Factors such as the surge in computing and digitalization, the proliferation of offices and businesses, shifts in entertainment consumption patterns, the progression in education and e-learning, as well as multimedia content production have been instrumental in propelling the historic period growth.

Anticipations are for the monitor market size to experience consistent growth in the coming years. The value is projected to reach $87.22 billion in 2029, with a compound annual growth rate (CAGR) of 4.2%. The surge during the forecast period is likely due to the adoption of remote work and hybrid models, enhancement in gaming experiences, development in classroom technologies, an increase in media streaming and content consumption, and specific professional applications. Key trends expected during the forecast period encompass usb-c connectivity and single-cable solutions, ergonomic design aspects, frameless and slim bezels, adaptive sync and variable refresh rate, and remote work facilitated features.

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What new trends are reshaping the monitor market and its opportunities?
Prominent businesses in the monitor market are launching high-tech monitors like 4K monitors with IPS Black technology to overcome the known limitations of conventional IPS panels and expand their international market presence. IPS Black technology is an advanced version of In-plane switching (IPS) panel offering superior color and contrast. In an example from April 2022, the American tech firm Dell unveiled its new 4K monitors 27"" U2723QE and 31.5"" U3223QE, both equipped with IPS Black technology. This innovation aims to integrate the benefits of IPS panels with enhanced dark tones, thereby improving color and contrast. This cutting-edge technology aims to resolve the typical IPS glow issue and provides better contrast, narrowing the disparity with OLED's perfect blacks. The main goal of IPS Black technology is to alleviate these problems and deliver deeper blacks similar to those offered by OLED.

What major market segments define the scope and growth of the monitor market?
The monitor market covered in this report is segmented -

1) By Type: Cathode-ray tube (CRT, Liquid Crystal Display (LCD), Light-Emitting Diode (LED)
2) By Resolution: 1366*768, 1920* 1080, 1536*864, 1280*720, 1440*900, Other Resolutions
3) By Application: Gaming, Business/Commercial, Personal

Subsegments:
1) By Cathode-Ray Tube (CRT): Standard CRT Monitors, Flat-Screen CRT Monitors
2) By Liquid Crystal Display (LCD): Twisted Nematic (TN) LCD, In-Plane Switching (IPS) LCD, Vertical Alignment (VA) LCD
3) By Light-Emitting Diode (LED): LED Backlit LCD Monitors, OLED Monitors, Mini LED Monitors

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Which region dominates the monitor market?
Asia-Pacific was the largest region in the monitor market in 2024. North America is expected to be the fastest-growing region in the global monitor market report during the forecast period. The regions covered in the monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the monitor industry growth?
Major companies operating in the monitor market include 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

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What Is Covered In The Monitor Global Market Report?

•Market Size Forecast: Examine the monitor market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the monitor market for a structured understanding.
•Key Players Overview: Analyze major players in the monitor market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the monitor market.
•Segment Contributions: Evaluate how different segments drive overall growth in the monitor market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the monitor market.
•Industry Challenges: Identify potential risks and obstacles affecting the monitor market.
•Competitive Landscape: Review strategic developments in the monitor market, including expansions, agreements, and new product launches.

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