Global Monitor Market
Information Technology

Understanding Key Drivers and Growth Opportunities in the Monitor Market: Trends and Market Size Insights

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Major Innovations Are Driving the Accelerated Growth of the Monitor Market?

The rise in internet usage is predicted to propel the monitor market’s expansion over the projected period. The growing reliance on the internet for professional, academic, and recreational purposes has spurred a demand for bigger and better-quality monitors. For instance, as highlighted in a 2022 report by the International Telecommunication Union (ITU), a United Nations agency based in Switzerland, the number of internet users worldwide reached roughly 5.3 billion, accounting for 66% of the global population in 2022. This figure marks a 6.1% increase from 2021. Consequently, the rising internet usage stimulates the expansion of the monitor market.

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#What Growth Opportunities Will Drive the Monitor Market’s CAGR Through 2034?

There has been a consistent expansion in the size of the monitor marketplace over the recent past. The market is expected to increase from a worth of $70.75 billion in 2024 to an estimated $74.11 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.7%. The upward trajectory during the prior period is largely due to factors such as the surge in computer usage and digital transformation, growth in businesses and office environments, changing patterns of entertainment consumption, advancements in education and e-learning, as well as the evolution of multimedia content production.

In the forthcoming years, the monitor market is projected to experience consistent expansion, with its worth anticipated to hit $87.22 billion in 2029, growing at a compound annual growth rate (CAGR) of 4.2%. This growth during the forecast period can be associated with factors like emerging remote and hybrid working models, enhanced gaming experiences, progression in classroom technologies, increased media streaming and content consumption, as well as specialized professional applications. Some of the significant trends expected during this forecast period are usb-c connectivity and singular-cable solutions, ergonomic design characteristics, frameless and slender bezels, adaptive sync, variable refresh rate, and features friendly to remote work.

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What Are the Most Significant Market Trends Transforming theMonitor Market?

Leading firms in the monitor market, such as Dell, are launching state-of-the-art 4K monitors featuring IPS Black technology to mitigate the limitations of conventional IPS panels and expand their international market presence. The IPS Black technology is a next-generation form of In-plane switching (IPS) panel that provides better color and contrast. For example, in April 2022, Dell, a US tech firm, introduced its new 4K monitors – 27″” U2723QE and 31.5″” U3223QE, boasting IPS Black technology. This tech is designed to merge the benefits of IPS panels with superior dark tones for enhanced color and contrast. It is set to resolve the common problem of IPS glow, offering superior contrast and bringing IPS panels closer to the “perfect” black of OLEDs. The goal of IPS Black technology is to solve such issues, generating deeper blacks similar to those seen in OLED technology.

What Are the Top Market Players Propelling the Growth of theMonitor Industry?

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

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Which Primary Segments of the Monitor Market Are Driving Growth and Industry Transformations?

The monitor market 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 Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Monitor Market?# Market?

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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