Global PC monitor market shipments fell 17.1% year-on-year in Q2 2023: IDC latest data released

News from this site on September 27, research organization IDC released data showing that in the second quarter of 2023, global PC monitor market shipments decreased by 17.1% year-on-year to 29.9 million units, slightly exceeding the market expected, but the display market has still not recovered to 2019 levels.

Monitor sales have slowed down after a surge from 2020 to 2022, the report said. All regions shrank compared with the previous year, with North America and Western Europe seeing the most pronounced declines. IDC has lowered its full-year PC monitor shipment forecast for 2023, predicting a 10.3% decline.

▲ Picture source IDC, the same below

According to manufacturer data, Dell, TPV, HP, Samsung and Lenovo are 2023 The top five brands in the display market share in the second quarter of 2020. However, we note that due to fierce market competition, other brands have also exceeded 30% market share

IDC expects a recovery in 2024 as consumer demand recovers and enterprises switch to Windows 11 PCs, Stimulate the purchase of office monitors. However, this rebound will be gradual, with sales expected to not exceed 2019 levels by 2025. IDC predicts that after 2025, the market will stabilize due to a larger installed base due to hybrid work models and continued growth in gaming monitors.

IDC also stated that the display market landscape has also undergone lasting changes, from a market mainly driven by business to one that is increasingly driven by consumers. affected market. Commercial display sales accounted for 61% in 2019. However, due to the rise of hybrid work models, declining office usage, and the increasing popularity of gaming and larger monitors, IDC now expects commercial share to remain unchanged, declining to approximately 53% for the foreseeable future %

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