Soaring Demand Set to Propel Display Monitor Market to $196.43 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Display Monitor Market Through 2025?
The market size of display monitors has experienced consistent expansion over the past few years. It is expected to rise from $156.94 billion in 2024 to $164.6 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.9%. The growth in the previous period can be credited to numerous factors including, change in consumer preference toward larger screens, advancements in energy efficiency, increased demand for immersive gaming, betterment in contrast ratios and color accuracy, incorporation of ergonomic attributes for improved user convenience, and multiplied consumption of multimedia content on diverse devices.

What's the Projected Size of the Global Display Monitor Market by 2029?
Expectedly, the display monitor market is anticipated to experience continuous growth in the next few years, reaching the benchmark of $196.43 billion in 2029 with a compound annual growth rate (CAGR) of 4.5%. The catalyst for this growth during the projection period is likely to be the amplified demand for medical and healthcare imaging, smart home incorporation, augmented and virtual reality, price cuts, and improved accessibility. The estimate period is set to see major trends such as an uptick in demand for energy-efficient, eco-friendly models boasting innovative features, an escalated adoption of ultra-wide and curved screens, a preference for higher resolutions, an increase in the demand for portable and foldable displays, and the inclusion of AI-powered features.

View the full report here:
https://www.thebusinessresearchcompany.com/report/display-monitor-global-market-report

Top Growth Drivers in the Display Monitor Industry: What's Accelerating the Market?
The display monitor market is anticipated to expand due to the escalating shift towards remote working and learning. The concept of remote work and learning, where job assignments and education-related activities are managed from home or places other than traditional offices and classrooms using internet-based tools, has significantly grown. The increased availability of broadband internet combined with the versatility of this model has contributed to the rising popularity. Display monitors play a key role in this by offering larger and clearer screens that support multitasking, video meetings, and detailed content display. For instance, the US Bureau of Labor Statistics stated that the steepest rise in establishments opting for a completely remote workforce happened in 2022, when the ratio rose from 37.4% in 2021 to 42.2%. Additionally, in January 2024, Eurostat, the Luxembourg-based statistical unit of the European Union, pointed out that around 30% of EU internet users aged between 16 and 74 participated in an online course or accessed digital learning material in the previous three months of 2023, marking a gain of 2 percentage points from 2022 (28%). Among the EU nations, the highest percentage of internet users engaging in online learning was reported in the Netherlands (54%), followed by Finland (53%), Sweden (48%), Spain (47%), and Estonia (45%). Thus, the surging demand for remote work and learning is a strong driving force behind the growth of the display monitor market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16038&type=smp

What Trends Will Shape the Display Monitor Market Through 2029 and Beyond?
Leading businesses in the display monitor sector are placing a strong emphasis on technological innovation, such as the development of gaming monitors, to amplify gaming immersion and experiences. These gaming monitors are specifically designed with high refresh rates and swift response times. They leverage advanced technologies to reduce screen tearing and lag, thus guaranteeing an uninterrupted and more absorbing gaming session. For example, Samsung Electronics, an electronics company based in South Korea, introduced the 57-inch Odyssey Neo G9 gaming monitor in August 2023. With a 57-inch ultra-wide screen that is equivalent to two 4K monitors placed side by side, it uses a VA-type LCD panel that provides a 7680 x 2160 resolution and a 1000R curvature. The exclusive 57-inch size occurs due to this ultra-wide format, setting it apart from other monitors with different aspect ratios.

What Are the Main 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)

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16038&type=smp

Which Top Companies are Driving Growth in the Display Monitor Market?
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

Which Regions Will Dominate the Display Monitor Market Through 2029?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16038

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.