Surging Internet Usage Boosts The Global Monitor Market Emerges as a Core Driver of the Monitor Market in 2025

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What Will the Monitor Industry Market Size Be by 2025?
Over recent years, the monitor market has seen consistent growth. Its size is predicted to rise from $70.75 billion in 2024 to $74.11 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.7%. Factors such as the surge in computing and digitalization, broadening of offices and businesses, trends in entertainment consumption, advancements in education and e-learning, and the proliferation of multimedia content creation can be attributed to the growth witnessed in the historic period.

What's the Long-Term Growth Forecast for the Monitor Market Size Through 2029?
It is anticipated that the monitor market will experience consistent expansion over the coming years, reaching a value of $87.22 billion by 2029, registering a 4.2% compound annual growth rate (CAGR). The projected growth during this period can be credited to the adoption of remote and hybrid working models, advances in gaming, improvements in classroom technology, the rise in media streaming and content consumption, as well as specialized professional applications. From 2029 onwards, key industry trends such as usb-c connectivity, single-cable solutions, ergonomic design elements, slim, bezel-less constructions, adaptive sync and variable refresh rates, and remote work convenience features are expected to prevail.

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What Are the Key Growth Drivers Fueling the Monitor Market Expansion?
The anticipated expansion of the monitor market is likely to be accelerated by the increase in internet penetration. The demand for bigger and more advanced monitors is surging because of the heightened utilization of the internet for diverse purposes such as work, education, and leisure. To illustrate, a 2022 report from the International Telecommunication Union (ITU), a United Nations entity based in Switzerland, revealed that global internet usage hit approximately 5.3 billion individuals. This signifies that 66% of the global population in 2022 was connected to the internet, marking a 6.1% rise compared to 2021. Consequently, the monitor market's expansion is driven by the surge in internet usage.

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What Are the Key Trends Driving Monitor Market Growth?
Leading enterprises in the monitor market are pioneering the launch of high-tech monitors such as 4K monitors featuring IPS Black technology. This innovative technology addresses the inherent drawbacks of regular IPS panels and expands their international market footprint. IPS Black technology represents an advanced form of In-plane switching (IPS) panel which delivers enhanced color and contrast. An illustration of this is the introduction of new 4K monitors, 27"" U2723QE and 31.5"" U3223QE equipped with IPS Black technology by Dell, a U.S. tech giant, in April 2022. This technology seeks to amalgamate the benefits of IPS panels with amplified dark tones to improve color and contrast. It attempts to rectify the typical IPS glow problem and provides superior contrast, thus closing the gap with OLED's "perfect" blacks. In effect, IPS Black technology aims to correct these problems by providing the deep blacks similar to those offered by OLED.

How Is the Monitor Market Segmented?
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 Companies Are Leading the Charge in Monitor Market Innovation?
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

Which Regions Are Leading the Global Monitor Market in Revenue?
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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