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Rising Demand For Remote Work And Learning Fuels Growth In The Display Monitor Market: A Significant Driver Propelling The Display Monitor Market In 2025
Display Monitor
What Is the Display Monitor Market Size and Projected Growth Rate?
The display monitor market has grown steadily in recent years, expected to increase from $156.94 billion in 2024 to $164.6 billion in 2025, at a CAGR of 4.9%. Factors contributing to this growth include consumer preference for larger screens, advances in energy efficiency, the demand for immersive gaming, improved color accuracy, ergonomic features, and increased multimedia consumption across devices.
The display monitor market is expected to grow steadily, reaching $196.43 billion by 2029, at a CAGR of 4.5%. Growth is driven by demand in healthcare and medical imaging, smart home integration, augmented reality, price reductions, and better accessibility. Trends include eco-friendly, energy-efficient models, curved and ultra-wide screens, higher resolutions, portable and foldable displays, and AI-driven features.
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What Are the Major Segments in the Display Monitor Market?
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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What Are The Driving Display Monitor Market Evolution?
The growing demand for remote work and learning is expected to fuel the growth of the display monitor market. Remote work and learning have become more prevalent due to improved internet access and the flexibility they provide. Display monitors enhance productivity and engagement for remote workers and students. In April 2023, the U.S. Bureau of Labor Statistics noted a 4.8% increase in teleworking establishments, while Eurostat reported that 30% of EU internet users participated in online learning in 2023. The demand for remote work and learning is driving the display monitor market.
Which Firms Dominate The Display Monitor Market Segments?
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
What Trends Are Expected to Dominate the Display Monitor Market in the Next 5 Years?
Companies in the display monitor market are focusing on innovations like gaming monitors to enhance the gaming experience. Gaming monitors are designed with features like high refresh rates and low response times. For example, in August 2023, Samsung Electronics, a South Korea-based company, launched the Odyssey Neo G9, a 57-inch gaming monitor offering ultra-wide views and a high 7680 x 2160 resolution for improved gaming immersion.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Display Monitor Market?
2. What is the CAGR expected in the Display Monitor Market?
3. What Are the Key Innovations Transforming the Display Monitor Industry?
4. Which Region Is Leading the Display Monitor Market?
Why This Report Matters:
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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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