Market research firm Technavio recently released a report stating that the global computer monitor market is expected to increase by $22.83 billion (approximately 1643.76 billion RMB) from 2023 to 2028, with a compound annual growth rate of 8.64%.
The report predicts that the Asia-Pacific region is expected to contribute 39% to the global market growth. With a large population and increasing use of technology, the Asia-Pacific region is a major market for monitors, with countries such as China, Japan, India, South Korea, and Southeast Asia showing a significant increase in demand.
Well-known brands such as Samsung, LG, Acer, ASUS, Dell, and AOC offer a variety of monitor options. The e-commerce industry has also promoted the release of new products, providing consumers with a wide range of choices, price comparisons, and convenient purchasing methods, greatly driving market growth.
The report highlights the increasing consumer demand for high-resolution monitors, which has significantly boosted market growth. With technological advancements, consumers are seeking higher visual quality and immersive experiences. High-resolution monitors are particularly popular in the design and creative fields, and the surge in remote work has further increased the demand for such monitors.
Curved monitors have become a new consumer trend, offering a more immersive experience compared to standard flat monitors.
Post time: Mar-28-2024