Market players are continuously focusing on creating new designs and enhanced technology to improve their products and extend their consumer base.
DUBAI, USE / ACCESSWIRE / November 16, 2020 / Future Market Insights: The gaming monitors market will grow at a robust CAGR of 6% during the forecast period. The expansion can be mainly attributed to remarkable growth in gaming integration, prompted by advanced monitoring attributes presented by some of the prominent market players.
The majority of the market players offering support for connections for better connectivity, thereby assisting in market growth." concludes the FMI analyst.
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Key Highlights
- North America to account for lion's share, recording a promising CAGR of 4.9% during 2020-2030.
- Consumer end-user segments are anticipated to propel market growth.
- VA panel gaming monitors are touted to be the front runner throughout the forecast period.
- Online stores are projected to come out as the fastest-growing category in the global market.
- Screen Size of Fewer Than 27 inches remains preferred among users, exhibiting a CAGR of 6% over the projected period.
Drivers
- Rapid technological advancements in the game content and graphic processing units (GPUs) to pull in more users is boosting the demand.
- Speedy expansion in digital infrastructure owing to the accessibility of reasonably priced electronics gadgets along with low-cost data services to augur well for the market.
- A growing number of e-sports championships to offer several growth prospects over the forecast period.
Restraints
- Acquiring a high-performance gaming monitor generally costs higher, which might impact the market sales over the forecast period.
- Monitors with higher resolution only enhance the gaming experience, resulting in limited market growth.
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Coronavirus Impact on the Market
As majority of the individual we following stay at home orders to avert the spread of the virus, they were compelled to explore their interests. This ensued in surging demand for gaming monitors since it became one of the most preferred activities amid the lockdown. In this manner, substantial growth in the sales of gaming monitors kept a positive growth trajectory amid the crisis.
Competitive Landscape
Major companies in the global gaming monitor market are Samsung Electronics Co. Ltd., ASUSTeK Computer Inc., Dell Inc., AOC Systems Incorporated, HP, LG Electronics, Acer Inc., and Lenovo Group Limited. Companies are engaging in M&A to invest and collaborate in emerging regions to grow their customer base, advance the business, as well as to improve product offerings.
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About the Study
The study offers readers a comprehensive assessment of the gaming monitors market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights according to panel type (IPS panel, TN panel and VA panel), screen size(screens less than 27 inches, screens that are 27-32 inches and screens that are more than 32 inches), sales channel(online stores or offline stores), end user(consumer or commercial), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Display Technology Innovation / Development Trends
3.3. Key Success Factors
4. Gaming Monitors - Pricing Analysis
4.1. Pricing Analysis, By Product
4.2. Average Pricing Analysis Benchmark
5. COVID-19 Pandemic Crisis Impact Analysis
5.1. Impact of COVID-19 Pandemic Crisis on Gaming Monitors Market
5.1.1. Pre-COVID-19 Growth Analysis (2017-2019)
5.1.2. Post-COVID-19 Impact Analysis (2020 & beyond)
5.2. Expected Recovery Scenario (Short-term / Mid-term / Long-term)
5.3. Key Action Points for Gaming Monitors Vendors
6. Market Structure Analysis
6.1. Market Analysis by Tier of Companies
6.2. Market Concentration
6.3. Market Share Analysis of Top Players
6.4. Market Presence Analysis
6.4.1. Regional footprint by Players
6.4.2. Product footprint by Players
6.4.3. Channel footprint by Players
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About Future Market Insights
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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SOURCE: Future Market Insights