Strong Growth Ahead: Monitor Market Size To Grow At Arecord 4.2% Cagr By 2029

The Monitor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Monitor Market?
The steady expansion of the monitor market has been observed in the past few years. An ascension from $70.75 billion in 2024 to $74.11 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%, is projected. The notable expansion during the historic period can be linked to factors such as the surge in computing and digitalization, growth in office and business sectors, trends in entertainment consumption, developments in education and e-learning, and the rise of multimedia content creation.

The market size for monitors is predicted to experience stable growth in the coming years, expanding to a worth of $87.22 billion in 2029, with a compound annual growth rate (CAGR) of 4.2%. Factors contributing to the growth during the projection period include the adoption of remote work and hybrid models, enhancements in gaming experiences, development of classroom technologies, increased media streaming as well as content consumption, and the use of specialised professional applications. Key trends for the forecast period are predicted to be usb-c connectivity with single-cable solutions, ergonomically designed features, frameless and slim bezels, adaptive sync with variable refresh rates, and features that support remote work.

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What Are the Different Monitor Market Segments?
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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What Are the Primary Drivers Shaping the Monitor Market?
The anticipated expansion of the monitor market is expected to be fueled by the rise in internet utilization during the forecast period. As the internet is increasingly used for professional, academic, and recreational activities, there is an escalating demand for broader and higher-quality monitors. For example, the International Telecommunication Union (ITU), a United Nations agency based in Switzerland, reported in 2022 that the global internet user base had reached approximately 5.3 billion, accounting for 66% of the total world population in 2022, indicating a 6.1% increase from the previous year. As such, the surge in internet accessibility is propelling the growth of the monitor market.

Which Companies Are Leading in the Monitor Market?
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

What Are the Major Trends Shaping the Monitor Market?
Leading corporations in the monitor market are launching state-of-the-art monitors like 4K monitors with IPS Black technology to tackle the recognized limitations of conventional IPS panels and expand their worldwide market penetration. The term IPS Black technology denotes a sophisticated variant of the In-plane switching (IPS) panel promising better color and contrast. For instance, Dell, an American technology firm, launched its new 4K monitors 27"" U2723QE and 31.5"" U3223QE in April 2022, equipped with IPS Black technology. This technology is designed to amalgamate the benefits of IPS panels with improved darker shades for better color and contrast. The new system endeavors to resolve the conventional IPS glow problem and provides superior contrast, thus narrowing the contrast difference with OLED's "perfect" blacks. The objective of IPS Black technology is to solve such issues, supplying deeper black levels similar to those provided by OLED.

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What Are the Top Revenue-Generating Geographies in 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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Monitor Market?
2. What is the CAGR expected in the Monitor Market?
3. What Are the Key Innovations Transforming the Monitor Industry?
4. Which Region Is Leading the Monitor Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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