PUBLISHER: The Business Research Company | PRODUCT CODE: 1704153
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704153
A display monitor serves as an electronic tool to visually convey data, images, and video from a computer or other input sources. Typically featuring flat-panel display technology, it is employed across diverse environments, including desktops, laptops, and gaming systems, facilitating user interaction with digital content.
Display monitors primarily utilize technologies such as 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), among others. LCD technology operates through liquid crystals positioned between two layers of glass or plastic. Panel sizes for display monitors vary, falling into categories below 22.9 inches, 23-26.9 inches, 27-41.9 inches, and above 42 inches, with color display options including both colored and monochrome. These monitors find applications in numerous sectors, including consumer electronics, automotive, sports and entertainment, transportation, retail, hospitality, banking, financial services, and insurance (BFSI), industrial and enterprise, education, among others. They cater to a wide array of end-users, encompassing residential consumers, small and medium enterprises, and large enterprises.
The display monitor market research report is one of a series of new reports from The Business Research Company that provides display monitor market statistics, including display monitor industry global market size, regional shares, competitors with a display monitor market share, detailed display monitor market segments, market trends and opportunities, and any further data you may need to thrive in the display monitor industry. This display monitor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The display monitor market size has grown steadily in recent years. It will grow from $156.94 billion in 2024 to $164.6 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to shifts in consumer preferences towards larger screens, innovations in energy efficiency, the demand for immersive gaming experiences, improvements in color accuracy and contrast ratios, the integration of ergonomic features for enhanced user comfort, and the proliferation of multimedia content consumption across various devices.
The display monitor market size is expected to see steady growth in the next few years. It will grow to $196.43 billion in 2029 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to increasing demand for healthcare and medical imaging, smart home integration, augmented and virtual reality, price reductions, and increased accessibility. Major trends in the forecast period include a surge in demand for eco-friendly, energy-efficient models with advanced features, increasing adoption of curved and ultra-wide screens, a shift towards higher resolutions, a rise in demand for portable and foldable displays, and integration of AI-driven functionalities.
The growing demand for remote work and learning is expected to drive the expansion of the display monitor market. Remote work and learning involve performing professional and educational tasks from home or other locations outside traditional offices and classrooms, typically using online tools and the Internet. This trend has gained traction due to the widespread availability of high-speed internet and the flexibility it offers. Display monitors are essential for remote work and learning, as they improve productivity and engagement by providing larger, clearer screens for multitasking, video conferencing, and displaying detailed content. For example, in April 2023, the US Bureau of Labor Statistics reported a significant increase in teleworking, with the percentage of establishments where employees worked remotely full-time rising from 37.4% in 2021 to 42.2% in 2022. Additionally, according to Eurostat in January 2024, 30% of EU internet users aged 16 to 74 engaged in online courses or digital learning resources in 2023, marking a 2 percentage point increase from 2022. The Netherlands had the highest participation rate at 54%, followed by Finland (53%), Sweden (48%), Spain (47%), and Estonia (45%). Therefore, the increasing demand for remote work and learning is fueling the growth of the display monitor market.
Key players in the display monitor market are prioritizing technological innovation, particularly in gaming monitors, to enhance gaming experiences and immersion. Gaming monitors are specialized displays equipped with features such as high refresh rates, fast response times, and technologies to minimize screen tearing and lag, delivering smoother and more engaging gameplay. For instance, in August 2023, Samsung Electronics introduced the Odyssey Neo G9 57-inch gaming monitor, featuring an ultra-wide screen equivalent to two 4K monitors side by side, with a VA-type LCD panel, a resolution of 7680 x 2160, and a 1000R curvature, offering a unique gaming experience unparalleled by other aspect ratios.
In May 2024, Vedanta, an India-based diversified natural resources company, acquired AvanStrate for $78.3 million. This acquisition is in line with Vedanta's strategic objective of bolstering India's electronics manufacturing capabilities and supporting the country's path toward self-reliance in the sector. AvanStrate, a Japan-based company, specializes in glass substrates for TFT LCD panels, which are used in various electronic applications.
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
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.
The countries covered in the display monitor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The display monitor market consists of sales of hybrid computers, touchscreen functionality panels, light-emitting diode (LED) backlit monitors, and support structure stands. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Display Monitor Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on display monitor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for display monitor ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The display monitor market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.