Gaming Monitor Statistics 2024 By Revenue and Users

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Introduction

Gaming Monitor Statistics: As of reports, the global market size of gaming monitors is expected to reach above $18.40 billion by the end of 2033. In recent days, the demands of curved gaming monitors have enhanced their popularity around the world as they ensure a more pleasant viewing experience than others. After the effective implementation of technological features, this sector is experiencing enormous growth in gaming integration.

These Gaming Monitor Statistics include insights from various aspects that provide light on how fast the market is growing around the world in recent days. You may also like to read Gaming Keypad Statistics.

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By the end of 2023, the world’s gaming monitor market was expected to be worth $9.8 billion.
This market is set to grow to about $18.40 billion by the end of 2033.
It will grow at a rate of 6.5% every year from 2023 to 2033.
By 2025, curved gaming monitors alone are expected to make $1 billion, with the whole gaming monitor market reaching $11.26 billion.
Gaming monitors come with cool features like better graphics (HDR), G-Sync, FreeSync, and adjustable refresh rates.
North America is the biggest market, holding 40% of the global share.
The value of the gaming monitor market in the USA is expected to hit $2.47 billion by the end of 2023 and grow to $3.91 billion by 2033, with a yearly growth of 5%.
The VA panel type is the most popular in gaming monitors, expected to grow by 6.6% by the end of 2033.

(Source: idc.com)

By March 2023, companies shipped 17.3 million gaming monitors.
Between 2023 and 2027, the total number of gaming PCs and monitors is expected to increase from 58.8 million to 75.1 million.
In 2022, VA (Vertical Alignment) LCD monitors were the most popular, making up 51% of the market.

What is a Gaming Monitor?

Gaming monitors are designed for gamers to increase the performance level of video games. These monitors are designed in such a way that while playing game output generated by the graphics card and CPU results as well as possible The high refresh rate and low input lag both are the best features preferred by maximum users as they allow for quick changing of images without disturbing the game.

Facts on Gaming Monitor

In 2024, the worldwide market for gaming monitors is expected to reach $10.54 billion, growing 6.7% from 2023.
By 2028, the market value is expected to be $13.66 billion, and by 2030, it’s predicted to be $15.43 billion.
Growth rates for each year are 6.5% for 2028 and 6.2% for 2030.
The growth of the gaming monitor market is split into three parts: short-term, medium-term, and long-term.
From 2023 to 2026 (short-term), companies will focus a lot on creating new and improved gaming monitors.
Between 2026 and 2029 (medium-term), the growth will be driven by more people playing games online.
From 2029 onwards (long-term), there will be an increase in sales of very high-quality 8K gaming monitors.
Top gaming monitor brands include Acer, ASUS, BenQ, Dell, HP, LG, MSI, and Samsung.
The big companies making these monitors globally are Samsung Electronics, Dell, AOC Systems, LG Electronics, and Lenovo Group.

General Statistics

IDC reports predict a 10.8% increase in gaming monitor shipments by the end of 2023.
After the first half of 2023, gaming monitor companies are planning to focus on parts of the market that make more money.

(Source: idc.com)

The global gaming market is divided into gaming PCs and monitors.
In 2023, more people want gaming monitors, with a yearly growth rate of 7.7% expected from 2023 to 2027.
A normal gaming monitor costs about $300 and makes gaming better inside and outside the game.
In the US, you can find many gaming monitors on Amazon, with prices starting at $100.

Advantages of Gaming Monitor

The gaming monitor offers several advantages to users some effective points are discussed below:

Gaming monitors offer quick reaction times and high refresh rates like 144Hz and 240Hz.
They have less delay in receiving inputs, giving quick and sharp responses.
These monitors show clearer and more colorful images, with resolutions like 1440p or 4K.
They use Adaptive Sync technologies like AMD FreeSync and NVIDIA G-Sync to make gameplay smooth.
They also provide wide viewing angles, customizable gaming settings, and are designed for comfort.

By Region-Wise Analysis

In 2023, North America holds 40% of the world’s gaming monitor market.
This region’s gaming monitor market will grow by 5% every year from 2023 to 2033.
Europe’s gaming monitor market is also growing fast, with a 6% increase expected from last year to 2023.
By 2023, East Asia’s gaming monitor market will be worth $2.3 billion, and it will double to $4.65 billion by 2033.
The South Asia and Pacific region will see their gaming monitor market grow by 8.2% each year, reaching this rate by 2033.

By Country

The US gaming monitor market is set to grow from $2.47 billion in 2023 to $3.91 billion by 2033, at a 5% yearly growth rate.
Canada’s gaming monitor market will reach about $571.9 million by 2033, growing at 5.9% per year from 2023.
The UK gaming monitor market will be valued at $163.1 million.
In the UK, the most popular gaming monitors are between 27 inches and 32 inches, expecting a 6.6% growth rate from 2023 to 2033.
China’s gaming monitor market is expected to grow from $342.6 million in 2023 to over $649.17 million by 2033.
India’s gaming monitor market is predicted to increase from $108 million in 2023 to $253.53 million by 2033, with an 8% annual growth rate.

By Panel

(Resource: techpowerup.com)

In 2023, the market for monitor panels is mostly split between VA and IPS panels, each holding 48%, with TN panels at 2.4% and OLED panels at 1.6%.
VA panel gaming monitors are leading the market in 2023, valued at around $.75 billion.
By 2033, VA panel gaming monitors are expected to see a growth rate of 6.6% annually.
The TN panel gaming monitors are also expected to grow, reaching a 5.8% annual growth rate by 2033.

By Shipment Unit

(Resource: statista.com)

According to a report analysis of IDC Corporate, the shipments of gaming monitors are expected to grow 10.8% by the end of 2023.
According to Statista analysis, the worldwide gaming monitors shipment in 2023 resulted in 20.8 million units which has increased from last year.
As of the report analysis, the over shipment unit of gaming monitors around the world has increased by 5% from 2019 to 2023.

By Types

Gaming monitors come in four main types: Vertical Alignment (VA) LCD, In-Plane Switching (IPS) LCD, Twisted Nematic (TN) LCD, and OLED.
In 2022, VA LCD monitors had the biggest part of the market, with 51%.
Following VA, IPS LCD monitors had 43.4%, TN LCD monitors had 5%, and OLED monitors had 0.6% of the market.
By 2023, the share of OLED gaming monitors is expected to increase to 1.6%.

By Refresh Rate

(Resource: techpowerup.com)

According to the reports of Tech Power Up as of April 2023, the largest market share of 165 Hz – 180 Hz of gaming monitors accounted for 58%.
The next market distribution share of gaming monitor research rates is 120Hz – 160Hz is around 21%.
Furthermore, other gaming monitors research rates are followed by 200Hz and above (12%) and 100 Hz (9%).

By Company

The top 5 gaming monitor makers are Philips, ASUS, Acer, MSI, and Samsung.
Together, these companies will own about 50% of the market by the end of 2023.
Philips/AOC and ASUS alone will make up 30% of the market share.
These manufacturers are most popular in the Asia-Pacific area, holding a 45% share. Europe comes next with 28%, and North America with 18%.
In January 2023, Sony introduced a new gaming display called the Sony Inzone M3.
For gamers in India, Samsung released the latest Odyssey gaming monitors in February 2023.

By Source

(Source: emergenresearch.com)

Best Gaming Monitors of 2024

(Source: amazon.com)

Dell Alienware AW2721D (best 1440p gaming monitor)
These are around 27-inch, deliver excellent performance, and are available at Amazon’s cost of $720.

(source: amazon.com)

Asus ROG Swift PG32UQX (best 4K gaming monitor)
These are easily available at Amazon which are a bit expensive around $2,999 but are the best gaming monitor.

(Source: amazon.com)

Dell Alienware AW3423DW (best ultra-wide gaming monitor)
This provides speedy performance, and ultra-wide OLED, and is available at Amazon ($996), and Dell (1,299).

(Source: amazon.com)

Asus ROG Swift PG259QNR (best 1080 gaming monitor)
This enables great color accuracy, supports HDR, and refreshes rates of 360 Hz.
This monitor at easily available at Amazon and costs around $399.

Conclusion

As of today, after completing the article on Gaming Monitor Statistics it can be stated that these monitors are designed in such a way that they enable better graphics and processing along with larger screen field and superior screen resolution. After lots of research, it is expected that by the end of 2030, the global gaming monitor market size will turn up to $21.50 billion by the end of 2030.

This article includes important facts, advantages, market share, companies, applications, etc. Are you a gaming geek? Still not using a gaming monitor, then I recommend you go for it once and hope all the above information will help in understanding the topic effectively.