2020 Was the Strongest Growth Year on Record for PC Monitors, According to IDC

Notes: Data for all companies are reported for calendar periods.

"Many of the same trends from earlier in the year continued in the holiday quarter," said Jay Chou, research manager for IDC's Quarterly PC Monitor Tracker. "Amidst the surging demand, production has had issues so some markets remain short of stock and we can expect more fulfillments for back orders through much of this year. Beyond 2021, we believe the market will settle into a faster replacement cycle that is based on a higher attach rate to notebooks and a more active usage model inside the home."

Looking ahead, IDC expects component shortages to last at least through the first half of 2021. Changes in work style will also lead to shifts in the market's customer mix and geographic focus. IDC expects both hybrid work and the popularity of gaming to drive continued strength in the consumer market that will complement a recovery in commercial spending as office occupancy improves. On a geographic basis, the U.S. overtook China as the biggest market in 2020 and will likely remain the largest market going forward. IDC expects North America and Europe will help drive the global market to grow 8.7% in 2021, then cool by 2022 as the monitor market finishes the 2020-2025 forecast with a compound annual growth rate (CAGR) of 0.4%.

A graphic illustrating IDC's forecast for worldwide PC monitor shipments and year-over-year growth is available by viewing this press release on IDC.com.

IDC's Worldwide Quarterly PC Monitor Tracker gathers detailed market data in over 90 countries. The research includes historical and forecast trend analysis among other data.

About IDC Trackers
IDC Tracker products provide accurate and timely market size, company share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly Excel deliverables and on-line query tools.

For more information, or to subscribe to the research, please contact Kathy Nagamine at 650-350-6423 or knagamine@idc.com.

Click here to learn about IDC's full suite of data products and how you can leverage them to grow your business.

About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group ( IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.

All product and company names may be trademarks or registered trademarks of their respective holders.



Contact:

Jay Chou
jchou@idc.com
650-350-6464

Michael Shirer
press@idc.com
508-935-4200



« Previous Page 1 | 2             



Review Article Be the first to review this article


Featured Video
Latest Blog Posts
The Open Geospatial Consortium BlogThe OGC Blog
by The Open Geospatial Consortium Blog
OGC appoints three new members to its Board of Directors
Jobs
GIS Manager for Union County NC at Monroe, California
Assistant Engineer. for Alameda County CA at Oakland, California
Programmer Analyst IV/ DO for City of Houston at Houston, Texas
Order Fulfillment & Sales Support for One-Compass Suite of Companies at Denver, Colorado
Manager, Remote Sensing Sales for One-Compass Suite of Companies at Denver, Colorado
GIS Supervisor for Sanborn at Colorado Springs, Colorado
Upcoming Events
GEO Business at ExCel London United Kingdom - May 19 - 20, 2021
FOSSGIS-Konferenz 2021 at OST - Ostschweizer Fachhochschule Campus Rapperswil Oberseestrasse 10 Rapperswil Switzerland - Jun 6 - 9, 2021
GI_Forum 2021 | re.connecting spatially at Salzburg Austria - Jul 5 - 9, 2021
InterDrone 2021 at Hyatt Regency Dallas TX - Aug 10 - 12, 2021
University of Denver GIS Masters Degree Online



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise