Market Overview:
A computer monitor is an electronic device that presents visual information in the form of text and graphics. It comprises a visual display, circuitry, housing, and a power source. In modern monitors, a thin film transistor liquid crystal display with LED backlighting is typically used, replacing older technologies such as the cathode ray tube (CRT) and Plasma displays. The computer monitor market includes various types of monitors, such as LCD, LED, OLED, and CRT, with different screen sizes, resolutions, and other features. Monitors are used in various applications, including desktop computers, laptops, gaming consoles, televisions, and professional displays for industries such as healthcare, education, and entertainment.
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Market Dynamics:
Driver:
The increasing demand for larger screen sizes and higher resolutions is one of the primary drivers of the computer monitor market. As a result, manufacturers are investing in new technologies such as 4K, 8K, and OLED displays to meet this demand and provide better visual experiences. Overall, the demand for larger and higher-resolution monitors is expected to remain strong, driven by the growth of multimedia content and the need for better visual experiences in various applications. As a result, the computer monitor market is likely to continue growing in the coming years.
Opportunities:
The increasing use of computers for personal, commercial, and gaming purposes has led to the development of new technologies aimed at reducing eye strain caused by prolonged screen time. Monitors with flicker-free backlights and anti-glare screen coatings, as well as those that incorporate low-blue light technology, are becoming increasingly popular among consumers due to their potential to prevent headaches and other issues related to prolonged screen time. Manufacturers that can offer these features have the opportunity to attract a wide customer base and create a lucrative market.
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Key Prominent Players in The Computer Monitor Market
- Dell Technologies Inc.
- Asustek Computer Inc.
- Samsung Group
- Apple Inc.
- TPV Technology Limited
- HP Inc.
- LG Electronics Inc.
- Acer Inc.
- Qasida Corporation and other major players.
Segmentation of The Computer Monitor Market
By Type
- LCD monitor
- LED Monitor
- Plasma Monitor
- OLED Monitor
- CRT
By Size
- Small
- Large
By Shape
- Curved
- Straight
By Application
- Consumer/Commercial
- Gaming
Regional Analysis of Computer Monitor market:
The APAC region is anticipated to have the highest share of the computer monitor market over the forecast period attributed to the growing gaming, IT, and other sectors in this region. As the majority of the workforce worked from home, more employers began to offer work-from-home stipends or the option of having home office expenses paid up to a specific amount. India, China, Japan, and Australia have a huge working population in IT, and other industrial sectors that require computer monitors. Moreover, the growing craze of multi-player PC games and the trend of online streaming have created a huge demand for computer monitors that have high graphics thus, supporting the growth of the market in this region.
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Recent Industry Developments in the Computer Monitor market:
- In May 2024, Apple announced M4, the latest chip delivering phenomenal performance to the all-new iPad Pro. Built using second-generation 3-nanometer technology, M4 is a system on a chip (SoC) that advances the industry-leading power efficiency of Apple silicon and enables the incredibly thin design of iPad Pro. It also features an entirely new display engine to drive the stunning precision, color, and brightness of the breakthrough Ultra Retina XDR display on iPad Pro.
- In January 2024, Atturra partnered with Sydney-based startup MyCISO to underpin its managed service for security program management in the education and commercial sectors. The MyCISO SaaS platform is designed to power and deliver assessments and management of security programs.
The report covers exhaustive analysis on:
- The market size and industry growth rate of the global and regional market across various segments
- Based on extensive primary and secondary research this report provides comprehensive and granular data
- Key technological advancements and market trends that shape the market
- Brand dynamics and distribution trends in order to effectively plan strategies in the forecast period 2024-2032
- Key companies operating in the Global Computer Monitor market and their market share
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