Global Monitor Market (2021 to 2030) - COVID-19 Impact and Recovery - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Monitor Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global monitor market as it emerges from the COVID-19 shut down.

The global monitor market is expected to grow from $183.39 billion in 2020 to $197.49 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $221.74 billion in 2025 at a CAGR of 2.9%.

Companies Mentioned

• Dell Technologies Inc.
• HP Inc.
• TPV Technology Limited
• Lenovo Group Limited
• Samsung Group
• LG Electronics Inc.
• Apple Inc.
• Acer Inc.
• AsusTek Computer Inc.
• BenQ Corporation
• ViewSonic Corporation Inc.
• AOC International
• NEC Display Solutions
• Microsoft
• Alienware
• MSI
• Chuntex Electronics Co. Ltd.
• Eizo Corporation
• Gechic Corporation
• Hannspree Europe Holdings B.V.
• iiyama Corporation
• Planar Systems Inc.
• Qisda Corporation
• Tatung Company

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider monitor market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The monitor market section of the report gives context. It compares the monitor market with other segments of the monitor market by size and growth, historic and forecast.

The monitor market covered in this report is segmented by type into cathode-ray tube (CRT); liquid crystal display (LCD); light-emitting diode (LED) and by application into gaming; business/commercial; personal.

In June 2018, Sharp Corporation, a Japan-based company that designs and manufactures electronic products acquired Toshiba for an undisclosed amount. The acquisition, which involves the transfer of 80.1% of outstanding shares from Toshiba to Sharp, not only allows Sharp access to the PC market but under the umbrella of Foxconn, the company can also be able to manufacture devices more cheaply. Toshiba, a Japanese multinational engineering and electronics conglomerate corporation.

The growing internet penetration is expected to fuel the growth of the monitors market in the forecast period. Globally, according to Internet World Stats, around 4.83 billion people are using the internet, as of June 2020, which is about 62% of the world's overall population. The number of internet users is increasing by more than 6% annually. From June 2019 to June 2020, over 295 million new users arrived online, leading to average growth of around 800,000 new users per day. Globally, more than three-quarters of the world's larger economies of internet users go online via desktops and laptops. Therefore, the growing internet penetration drives the growth of the monitor market.

The increasing demand for smartphones is expected to hamper the growth of the monitor market in the forecast period. Smartphones can now be the main computing devices, and the efficiency disparity between laptops and smartphones continues to grow as consumers update their smartphones more quickly than their laptop computers. Latest smartphones even perform better than laptops now. According to a research commissioned by Samsung, an approximate 4.3 billion smartphones were in use worldwide by the end of 2017 (three times the number of laptops) and the people using smartphones is projected to continue to rise by 9% each year and reach 7.2 billion by 2023. Therefore, the increasing demand for smartphones restraints the growth of the monitor market.

For more information about this report visit https://www.researchandmarkets.com/r/9zb7ez