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Display Monitor Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Display Monitor
The increased demand for remote work and learning is expected to spur the growth of the display monitor market. With the rise of high-speed internet, people are working and learning from home, relying on display monitors for productivity, multitasking, video conferencing, and more. For example, in April 2023, the US Bureau of Labor Statistics reported that the percentage of establishments with employees working remotely full-time increased from 37.4% in 2021 to 42.2% in 2022. Additionally, 30% of EU internet users engaged in online courses in 2023. This growing trend is driving the demand for display monitors.
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How will the growth rate of the display monitor market shape industry trends by 2034?
The display monitor market has grown steadily in recent years. It will increase from $156.94 billion in 2024 to $164.6 billion in 2025, at a CAGR of 4.9%. Growth drivers include shifts in consumer preferences toward larger screens, innovations in energy efficiency, demand for immersive gaming experiences, improved color accuracy and contrast ratios, the integration of ergonomic features, and the rise in multimedia content consumption across various devices.
The display monitor market is forecast to reach $196.43 billion by 2029, growing at a CAGR of 4.5%. Factors such as the demand for healthcare imaging, smart home integration, and augmented reality contribute to this growth. Trends include a demand for eco-friendly models, curved and ultra-wide screens, higher resolutions, portable and foldable displays, and AI-driven functionalities.
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What trends are poised to drive the future success of the display monitor market?
Companies in the display monitor market are innovating with products like gaming monitors to improve gaming experiences. For instance, Samsung Electronics launched the Odyssey Neo G9 in August 2023, a 57-inch ultra-wide gaming monitor with a VA-type LCD panel and 7680 x 2160 resolution. Its ultra-wide screen is unique in size and format, offering an immersive experience unlike other aspect ratios.
Which primary segments of the display monitor market are driving growth and industry transformations?
The display monitor market covered in this report is segmented -
1) By Technology: Liquid Crystal Display (LCD), Organic Light-Emitting Diode (OLED), Micro-Light-Emitting Diode (LED), Direct-View Light-Emitting Diode (LED), Active Matrix Organic Light-Emitting Diode (AMOLED), Other Technologies
2) By Panel Size: Under 22.9 Inches, 23-26.9 Inches, 27-41.9 Inches, Above 42 Inches
3) By Display Color: Colored, Monochrome
4) By Application: Consumer, Automotive, Sports And Entertainment, Transportation, Retail, Hospitality, Banking, Financial Services, And Insurance (BFSI), Industrial And Enterprise, Education, Other Applications
5) By End-User: Residential, Small And Medium Enterprises, Large Enterprises
Subsegments:
1) By Liquid Crystal Display (LCD): Twisted Nematic (TN), In-Plane Switching (IPS), Vertical Alignment (VA), Advanced Fringe Field Switching (AFFS)
2) By Organic Light-Emitting Diode (OLED): White OLED (WOLED), RGB OLED, Flexible OLED
3) By Micro-Light-Emitting Diode (Micro-LED): Full-Array Micro-LED, Mini-LED Micro-LED
4) By Direct-View Light-Emitting Diode (Direct-View LED): Full-Color Direct-View LED, Monochrome Direct-View LED
5) By Active Matrix Organic Light-Emitting Diode (AMOLED): Super AMOLED, Ultra AMOLED, P-OLED (Plastic OLED)
6) By Other Technologies: Quantum Dot Display (QLED), E-Paper Display, Liquid Crystal On Silicon (LCoS)
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Which geographical regions are pioneering growth in the display monitor market?
Asia-Pacific was the largest region in the display monitor market in 2023. The regions covered in the display monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the display monitor market landscape?
Major companies operating in the display monitor market are Samsung Electronics Co. Ltd, Sony Corporation, Panasonic Corporation, Toshiba Corporation, BOE Technology Group, Applied Materials Inc., NEC Corporation, Sharp Corporation, LG Display Co. Ltd., Koninklijke Philips N.V., ASUSTeK Computer Inc., Tokyo Electron Limited, TCL Display Technology Holdings Limited, AU Optronics Corporation, Innolux Corp, Japan Display Inc., Planar Systems Inc., BenQ Corporation, Densitron Technologies Plc., Hannstar Display Corporation, Emerging Display Technologies Corporation, Novaled AG, Crystal Display Systems Ltd, Smart Infovision
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What Is Covered In The Display Monitor Global Market Report?
•Market Size Forecast: Examine the display monitor market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the display monitor market for a structured understanding.
•Key Players Overview: Analyze major players in the display monitor market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the display monitor market.
•Segment Contributions: Evaluate how different segments drive overall growth in the display monitor market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the display monitor market.
•Industry Challenges: Identify potential risks and obstacles affecting the display monitor market.
•Competitive Landscape: Review strategic developments in the display monitor market, including expansions, agreements, and new product launches.
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