Gaming Monitors Market is Predicted to Expand Rapidly at a CAGR of 6.5% from 2023 to 2033 | Report by FMI

The gaming monitors market is anticipated to be worth US$ 9.8 billion in 2023 and rise to US$ 18.40 billion by 2033. The global market recorded a CAGR of 6.5% from 2023 to 2033.

Professional gamers’ expanding need for gaming monitors, the popularity of gaming competitions, and the rise of e-sports are the key growth factors of the market. In the upcoming years, market growth is anticipated to be fueled by increased consumer demand for high-display quality and gaming experiences, as well as rising disposable income among consumers.

Companies are emphasizing the production of displays with 4K and 8K resolution as the demand for higher-resolution panels increases. As businesses work to give players the best possible image quality, this trend is anticipated to continue.

The emergence of ultra-wide monitors is another well-liked trend in gaming monitors. These displays can provide a substantially broader field of view and often have a 21:9 aspect ratio. For those who desire a greater view of their surroundings in games like first-person shooters, this can be ideal.

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Key Takeaways

• By 2033, the United States is likely to dominate the gaming monitors market, with a size of US$ 3.91 billion and a CAGR of 5%.
• The gaming monitors market was significantly expanding, with a size of US$ 9.28 billion in 2022.
• The market shows amazing opportunities due to higher sales of VA panels, and expects a Y-o-Y growth of 6.5% in 2023.
• The market in China is anticipated to expand at an adequate CAGR of 6.6% by 2033.
• In 2023, Germany is likely to expand in the gaming monitors market, with a size of US$ 130 million.
• By 2033, the gaming monitors sector is likely to increase in Canada, with a size of US$ 579.1 million.
• The market in the United Kingdom is anticipated to expand at an adequate CAGR of 6.9% by 2033.
• Based on the panel type, the VA panel segment led the market CAGR of 6.6% by 2033.
• Based on end users, the consumer continues to dominate the sector during the forecast period, with a CAGR of 6.5%.
• Based on the sales channel, the online segment continues to dominate the sector during the forecast period, with a CAGR of 6.8%.

Key Strategies in the Industry

More manufacturers are now competing in the market and creating higher-quality goods as a result of the growing demand for gaming monitors. As a result, gaming monitors are now more reasonably priced. The gaming monitors industry is anticipated to develop as a result of the growing gaming population and the demand for improved gaming experiences.

In order to provide a better gaming experience, businesses are also making significant investments in the development of new technologies, like high dynamic range (HDR) and quantum dot (QD) technology.

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Key players

• Samsung Electronics Co. Ltd.
• Dell Inc.
• AOC Systems Incorporated
• LG Electronics
• Lenovo Group Limited
• Acer Inc.
• MICRO-STAR INTERNATIONAL CO. LTD.

Recent Developments

• In 2020, AOC released a gaming monitor with cutting-edge features. The company debuted the Agon AG273QCG, a gaming monitor with a curved design, a 1 ms response time, and a refresh rate of up to 165 Hz, in June 2020.
• The Odyssey G7 and G9 curved gaming displays from Samsung, which use Quantum Dot technology to produce vivid colors and deep blacks, were just released. The CHG90 from Samsung, a curved QLED gaming monitor with a 32:9 aspect ratio and 144 Hz refresh rate, is also available.

Key Segments

By Panel Type:

• IPS Panel
• TN Panel
• VA Panel

By Screen Size:

• Less Than 27 Inch
• 27-32 Inch
• More Than 32 Inch

By Sales Channel:

• Online Stores
• Offline Stores

By End User:

• Commercial
• Consumers

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• The Middle East & Africa (MEA)