Top Market Shifts Transforming the Display Monitor Market Landscape: Key Insights

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What Is the Expected CAGR for the Display Monitor Market Through 2025?
Over the past few years, there has been a stable expansion in the display monitor market. It is projected to rise from $156.94 billion in 2024 to $161.9 billion in 2025, with a compounded annual growth rate (CAGR) of 3.2%. Factors contributing to this upturn during the historical period include consumers' preference inclination towards bigger screens, groundbreaking strides in energy efficiency, a boosted demand for captivating gaming experiences, advancements in color precision and contrast ratios, incorporation of ergonomics for superior user comfort, and the widespread usage of multimedia content across diverse gadgets.

What's the Projected Size of the Global Display Monitor Market by 2029?
In the subsequent years, the display monitor market is projected to witness consistent expansion. It is forecasted to reach $187.89 billion by 2029, with a compound annual growth rate (CAGR) of 3.8%. The predicted growth during this period is largely due to the expanded demand for healthcare and medical imaging, the integration of smart homes, advancements in augmented and virtual reality, lowering of prices, and enhanced accessibility. The forecast period also sees a trend towards increased demand for models that are eco-friendly and efficient in energy use, integrated with advanced features, higher resolution screens, the growing popularity of curved and ultra-wide screens, rising demand for portable and foldable displays, and the incorporation of AI-driven functionalities.

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Top Growth Drivers in the Display Monitor Industry: What's Accelerating the Market?
The display monitor market is poised for growth, driven by the escalating demand for remote work and learning. Remote work and learning entail performing occupational and educational tasks from home or elsewhere, usually facilitated by the internet and online tools. The rise in demand for such options can be attributed to the pervasiveness of high-speed internet and the convenience it allows. Display monitors play a key role in remote work and learning, augmenting productivity and engagement through larger, more vivid screens ideal for multitasking, video conferencing, and displaying intricate visual content in detail. For example, the US Bureau of Labor Statistics reported in April 2023 that 2022 saw the most substantial increase in establishments with employees working from home full time, jumping from 37.4% in 2021 to 42.2%. Additionally, Eurostat, the statistical office of the European Union based in Luxembourg, revealed in January 2024 that in 2023, 30% of EU internet users aged 16 to 74 claimed to have taken an online course or used digital learning resources in the three months leading up to the survey. This was a 2 percentage point increase from the 2022 figure of 28%. Among EU nations, the Netherlands led with 54% of internet users engaging in online learning, followed by Finland (53%), Sweden (48%), Spain (47%), and Estonia (45%). Consequently, the burgeoning demand for remote work and learning is spurring the growth of the display monitor market.

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Which Fast-Growing Trends Are Poised to Disrupt the Display Monitor Market?
Many leading businesses in the display monitor market are investing in technological advancements, particularly in gaming monitors, to elevate the quality of gaming experiences. Gaming monitors essentially constitute premium screens outfitted with high refresh rates, swift responsiveness, and techniques designed to amplify the gaming experiences by reducing screen tearing and lag, thereby ensuring seamless and more absorbing gameplay. To illustrate, Samsung Electronics, an electronics organization from South Korea, introduced the Odyssey Neo G9 57-inch gaming monitor in August 2023. The monitor is equipped with a 57-inch ultra-wide screen comparable to two 4K monitors placed together, incorporating a VA-type LCD panel boasting a resolution of 7680 x 2160 and a 1000R curvature. Due to its uniquely large 57-inch dimension derived from this ultra-wide format, it is unrivaled in comparison to other 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)

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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 2024. The regions covered in the display monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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