Market Research Future (MRFR) has published a cooked research report on the “Global Gaming Monitors Market” that contains information from 2018 to 2032. The Gaming Monitors market is estimated to register a CAGR of 6.80% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Gaming Monitors market— Samsung Electronics Co., Ltd., LG Electronics, Dell Inc., ASUSTek Computer Inc., GIGA-BYTE Technology Co., Ltd., AOC Global, Micro-Star INT'L CO., LTD., CORSAIR, and BenQ Corportation.
The global Gaming Monitors market is accounted to register a CAGR of 6.80% during the forecast period and is estimated to reach USD 17.2 Billion by 2032.
The market for gaming monitors includes all businesses involved in manufacturing and selling displays made specifically for playing video games. To improve gaming experiences, these monitors frequently have fast refresh rates, quick response times, and cutting-edge display technologies. The industry is being propelled by the rising demand for realistic and powerful game displays.
The global gaming monitors market has been segmented based panel type, screen size, sales channel, and end user.
On the basis of Panel Type, the market is segmented into IPS Panel, TN Panel, and VA Panel. TN panel segment dominated the global market in 2022. This is because of the benefits offered, such as the rapid response times, low refresh rates, minimum input lag, and negligible motion blur.
Based on Screen Size, the global Gaming Monitors market has been segmented into Less than 27 Inch, 27-32 Inch, and More Than 32 Inch. Less than 27 Inch segment dominated the global Gaming Monitors market in 2022. Benefits of small gaming models, such as their rapid refresh and reaction rates, are what propel the market.
Based on Sales Channel, the global Gaming Monitors market has been segmented into Online Stores and Offline Stores. Online segment dominated the global Gaming Monitors market in 2022. This is because it offers a broad choice of goods with thorough descriptions and characteristics.
Based on End User, the global Gaming Monitors market has been segmented into Commercial and Consumers. Consumers segment dominated the global market in 2022. The rise in gaming enthusiasts and the demand for gaming displays in developing nations are to blame for this.
The global Gaming Monitors market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Gaming Monitors market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Gaming Monitors market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Gaming Monitors market comprises of Middle East, Africa, and Latin America.
The North America Gaming Monitors Market dominated this market in 2022 (45.80%) High-end gaming displays that cost more than USD 900 through offline channels are in high demand in the region. Compared to Canada's USD 3.05 billion, the US gaming market was predicted to be worth USD 36.92 billion overall. Around 19% of the global gaming market comes from the U.S., and demand is anticipated to be high during the projected period.
Moreover, In 2022, the Europe Gaming Monitors market held a sizable market share. The country's expanding gaming market, which has the appropriate blend of software and hardware makers and growing internet infrastructure, is anticipated to have a big impact on the region's demand for gaming displays.
Additionally, From 2023 to 2032, the Asia Pacific gaming monitors market is anticipated to rise significantly. This is a result of the area's significant market expansion potential. Businesses in this sector have a tonne of potential as a result of the massive digitalization that has occurred over the last several years in the digital ecosystem. One of several nations renowned for its culture of internet gaming is South Korea.
Furthermore, the rest of the world's Gaming Monitors market is divided into the Middle East, Africa, and Latin America. The demand for high-performance gaming displays in the region is met by the Latin America Gaming Monitors Market. In order to give an immersive gaming experience, the industry offers monitors with features including high refresh rates, quick response times, and innovative display technologies. It is fueled by the expanding gaming industry and growing standard of living in the area.
Key Findings of the Study