NEW YORK, Feb. 28, 2024 /PRNewswire/ — The pc monitor market dimension is forecast to extend by USD 22.83 billion at a CAGR of 8.64% between 2023 and 2028. APAC is estimated to contribute 39% to the expansion of the worldwide market in the course of the forecast interval. The APAC area, with its huge inhabitants and growing tech adoption, is a serious marketplace for displays. Demand is surging in nations like China, Japan, India, South Koreaand Southeast Asia. Native and world monitor producers dominate the APAC market, with famend manufacturers reminiscent of Samsung, LG, Acer, Asus, Dell, and AOC providing numerous monitor choices. Moreover, the e-commerce sector considerably boosts market development by facilitating new product launches and offering shoppers with in depth selections, value comparisons, and straightforward buying. Uncover some insights available on the market dimension historic interval (2018 to 2022) and Forecast (2024 to 2028) earlier than shopping for the complete report -Request a Free pattern report
Technavio has introduced its newest market analysis report titled International Laptop Monitor Market 2024-2028
Report Protection |
Particulars |
Web page quantity |
167 |
Base yr |
2023 |
Historic interval |
2018-2022 |
Forecast interval |
2024-2028 |
Progress momentum & CAGR |
Speed up at a CAGR of 8.64% |
Market development 2023-2027 |
USD 22.83 billion |
Market construction |
Fragmented |
YoY development (%) |
7.78 |
Regional evaluation |
APAC, Europe, North America, South America, and Center East and Africa |
Performing market contribution |
APAC at 39% |
Key nations |
US, China, Japan, UK, and Germany |
Vendor Evaluation
Vendor Panorama – The laptop monitor market is fragmented, with the presence of a number of world in addition to regional distributors. A number of outstanding distributors that supply laptop displays out there are Acer Inc., Apple Inc., ASUSTeK Laptop Inc., BenQ Corp., Dell Applied sciences Inc., Exergen Corp., HP Inc., Huawei Applied sciences Co. Ltd., Koninklijke Philips N.V., Lenovo Group Ltd., LG Electronics Inc., Micro Star Worldwide Co. Ltd., OnePlus Know-how Co. Ltd., Razer Inc., Samsung Electronics Co. Ltd., Seiko Epson Corp., Toshiba Corp., TPV Know-how Co. Ltd., ViewSonic Corp., and Xiaomi Communications Co. Ltd. and others.
What’s New? –
- Particular protection on the Russia–Ukraine struggle; world inflation; restoration evaluation from COVID-19; provide chain disruptions, world commerce tensions; and danger of recession
- International competitiveness and key competitor positions
- Market presence throughout a number of geographical footprints – Sturdy/Energetic/Area of interest/Trivial – Purchase the report!
Vendor Choices –
• Acer Inc. – The corporate presents displays reminiscent of Acer Nitro VG270 M3, Acer K273E, Acer SA222Q LED backlight LCD monitor, and extra.
• Apple Inc. – The corporate presents displays with studio show and professional show XDR.
- ASUSTeK Laptop Inc. – The corporate presents displays reminiscent of TUF gaming, ProArt, ZenScreen and extra
Segmentation Evaluation
Phase Overview
Technavio has segmented the market based mostly on Utility (Client/business, Gaming, and Others), Kind (LCD monitor, LED monitor, CRT, and Others), and Geography (APAC, North America, Europe, Center East and Africaand South America).
- The market share development by the patron/business phase shall be vital in the course of the forecast interval. The buyer phase of the market contains displays used for private or enterprise use, together with gaming, multimedia, and workplace work. It encompasses displays utilized throughout varied sectors like places of work, colleges, hospitals, and authorities buildings. Choice standards embody dependability, vitality effectivity, ergonomic options, connectivity choices, and value concerns, catering to numerous wants. For insights on world, regional, and country-level parameters with development alternatives from 2018 to 2028 – Obtain a Free Pattern Report
Excessive Demand for Excessive-Decision Shows Drives Market Progress
Rising demand for high-resolution shows is notably driving the market development. As expertise progresses, shoppers search enhanced visible high quality and immersive experiences. Excessive-resolution displays are notably wanted in design and artistic fields the place correct colour illustration is essential. The surge in distant work has additional elevated the demand for such displays, offering professionals with snug and productive shows.
Rising Pattern: Adoption of Curved Screens
Curved displays present a heightened sense of immersion compared to normal flat-screen displays.
Environmental Considerations and Sustainability restricts the market development
Shoppers are more and more looking for environmentally pleasant choices as they grow to be extra conscious of the affect of digital waste and carbon emissions. Driver, Pattern & Challenges are the issue of market dynamics that states about penalties & sustainability of the companies, discover some insights from a free pattern report!
Analyst Assessment
The Market is witnessing vital development, pushed by developments in expertise and the growing demand for bigger shows. LED screens, TV units, and digital signage options are among the many high merchandise driving this market. The market can also be benefiting from the rise in distant work and the necessity for environment friendly laptop peripherals and shows in house places of work, universities, faculties, and places of work.
Technological progress has led to the event of displays with improved response instances, colour adjustment capabilities, and particular person pixels. This progress has additionally resulted within the introduction of USB Kind C connectivity and costly desktop docking stations, catering to the wants of recent workstations and computing environments. Moreover, the market is influenced by elements reminiscent of monitor ergonomics, complete dimension, weight, and vitality utilization, as shoppers more and more prioritize these facets of their buying selections.
Smartphones, laptops, and desktops play a vital function in driving the demand for laptop displays, reflecting the broader traits in shopper electronics and expertise utilization. The market presents quite a few development alternatives, particularly within the areas of digital gaming, aggressive gaming platforms, and e-sports. To remain aggressive, firms within the Laptop Monitor Market have to give attention to innovation and assembly the evolving wants of shoppers by way of expertise and show preferences.Obtain a Free Pattern Report
What are the important thing information lined on this Laptop Monitor Market report?
- CAGR of the market in the course of the forecast interval
- Detailed info on elements that may drive the expansion of the Laptop Monitor Market between 2024 and 2028
- Exact estimation of the scale of the Laptop Monitor Market dimension and its contribution to the market in give attention to the mum or dad market
- Correct predictions about upcoming traits and adjustments in shopper conduct
- Progress of the Laptop Monitor Market business throughout APAC, North America, Europe, Center East and Africaand South America
- A radical evaluation of the market’s aggressive panorama and detailed details about distributors
- Complete evaluation of things that may problem the expansion of Laptop Monitor Market distributors Technavio’s SUBSCRIPTION platform
Associated Studies
The Automotive Contact Display screen Management Programs Market Dimension is estimated to develop at a CAGR of 5.46% between 2022 and 2027.
The twin display laptops market dimension is estimated to develop at a CAGR of three.79% between 2022 and 2027. The market dimension is forecast to extend by USD 535.26 million.
ToC:
Government Abstract
Market Panorama
Market Sizing
Historic Market Sizes
5 Forces Evaluation
Market Segmentation by Utility
Market Segmentation by Kind
Market Segmentation by Geography
Buyer Panorama
Geographic Panorama
Drivers, Challenges, & Traits
Firm Panorama
Firm Evaluation
Appendix
About US
Technavio is a number one world expertise analysis and advisory firm. Their analysis and evaluation give attention to rising market traits and supply actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 experiences and counting, overlaying 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising shopper base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.
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SOURCE Technavio