Surging Internet Usage Boosts The Global Monitor Market: Transformative Forces Shaping the Monitor Market Landscape in 2025

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What Will the Monitor Industry Market Size Be by 2025?
The size of the monitor market has seen a consistent increase in recent years. From 2024 to 2025, it is expected to rise from $70.33 billion to $72.72 billion, with a compound annual growth rate (CAGR) of 3.4%. This growth in the historical period can be credited to the surge in computing and digitalization, expansion of office and business infrastructures, trends in entertainment consumption, advancements in education and e-learning, and the evolution of multimedia content creation.

What's the Long-Term Growth Forecast for the Monitor Market Size Through 2029?
Presumptions for the monitor market size suggest a consistent upward trajectory for the coming years. Forecasts predict a growth to $84.23 billion by 2029, with a Compound Annual Growth Rate (CAGR) projected at 3.7%. The anticipated growth during the forecast period is linked to the rise in remote work and hybrid models, the evolution in gaming technologies, gradual changes in classroom technology, increased media streaming, and content consumption, as well as specialized professional applications. Additionally, major trends that will mark the forecast period encompass usb-c connectivity, single-cable solutions, features promoting ergonomic design, frameless and slim bezels, adaptive sync, variable refresh rates, and features attuned to remote work.

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What Are the Key Growth Drivers Fueling the Monitor Market Expansion?
The anticipated surge in internet usage is projected to boost the expansion of the monitor market during the predicted timeframe. The escalating utilization of the internet for occupational, educational, and recreational purposes has resulted in an increased demand for larger and better-quality monitors. For example, a report published by the International Telecommunication Union (ITU), a Switzerland-based United Nations agency, indicated that in 2022, the worldwide internet usage extended to an approximate 5.3 billion individuals, accounting for 66% of the global population in 2022, indicating a 6.1% increase from 2021. Consequently, the escalating internet penetration propels the monitor market's development.

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What Are the Key Trends Driving Monitor Market Growth?
Leading businesses in the monitor market are launching high-tech monitors like 4K monitors integrated with IPS Black technology to overcome the limitations of conventional IPS panels and expand their worldwide market presence. IPS Black technology is a superior form of In-plane switching (IPS) panel delivering enhanced color and contrast. For instance, Dell, an American tech firm, unveiled new 4K monitors 27" U2723QE and the 31.5" U3223QE in April 2022, equipped with IPS Black technology, designed to merge the benefits of IPS panels with improved dark hues, fostering improved color and contrast. This innovative technology is aimed at addressing the classic IPS glow problem and offers superior contrast, narrowing down the difference with OLED's "perfect" blacks. This IPS Black technology is projected to correct these issues, producing deeper blacks reminiscent of what OLED provides.

How Is the Monitor Market Segmented?
The monitormarket 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 Companies Are Leading the Charge in Monitor Market Innovation?
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

Which Regions Are Leading the Global Monitor Market in Revenue?
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.

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