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Europe Computer Monitor Market Size (2024 - 2029)

The Europe Computer Monitor Market is experiencing growth driven by the increasing demand for larger and more ergonomic displays, influenced by the rise in remote work and the popularity of virtual gaming. Technological advancements and the shift from CRT to LCD monitors have significantly impacted monitor ergonomics, including size, weight, and energy efficiency. The market's expansion is further supported by the growing IT industry and the competitive landscape, where companies strive to offer advanced technologies at competitive prices. The introduction of innovations like USB Type C is also enhancing workstation efficiency, contributing to the market's development.

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Market Size of Europe Computer Monitor Industry

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Europe Computer Monitor Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR (2024 - 2029) 2.24 %
Fastest Growing Market Europe
Largest Market Europe
Market Concentration Low

Major Players

Europe Computer Monitor Market Major Players

*Disclaimer: Major Players sorted in no particular order
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Europe Computer Monitor Market Analysis

The Europe Computer Monitor Market is expected to register a CAGR of 2.24% during the forecast period.

With the increasing trend of working from home, there has been an increase in demand for computer accessories, such as monitors and laptops.

  • Computing has evolved dramatically worldwide due to technological advancements and the introduction of startling and inventive items on the market. It has resulted in the need for extensive and better screens that focus on monitor ergonomics, such as total size, weight, and energy usage, among other things. The growing popularity of virtual gaming is also propelling the business forward.
  • People's spending on computers and displays has increased drastically as the IT industry has grown. The market's growth is fueled by increased technology usage to stay productive, communicate, enjoy, and study through larger displays. The emergence of competitive gaming platforms such as e-sports and the rising popularity of virtual gaming drive demand and growth in the Computer Monitor Market. High industry competition among businesses to embrace better technologies to give users more modern monitors at the lowest feasible price is challenging to overcome in the market.
  • Furthermore, by introducing new technologies such as USB Type C, displays may simplify workstations and eliminate the need for expensive and trouble-prone desktop docking stations by providing less clutter and more excellent dependability.
  • The introduction of LCD substantially altered monitor ergonomics, including total size, weight, and energy usage, among other things, once displays migrated from technology based on the cathode ray tube to LCD. CRT monitors have been phased out, and LCD monitors dominate the market.

Europe Computer Monitor Industry Segmentation

A monitor is an electronic visual computer display that includes a screen, circuitry, and the case in which that circuitry is enclosed. Older computer monitors used cathode ray tubes (CRT), which made them large, heavy, and inefficient. There are three types of monitors. They are CRT, LCD, and LED.

Europe computer monitor market is segmented by resolution (1366x768, 1920x1080, 1536x864, 1440x900, 1280x720, other resolutions), by type (LCD monitor, LED monitor, CRT, others), by application (consumer and commercial, gaming), and by country (Germany, United Kingdom, France, Rest of Europe).

The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Resolution
1366x768
1920x1080
1536x864
1440x900
1280x720
Other Resolutions
By Type
LCD Monitor
In-Plane Switching (IPS)
Twisted Nematic (TN)
Vertical Alignment (VA)
LED Monitor
CRT
Others (QLED, Plasma, etc.)
By Application
Consumer and Commercial
Gaming
Other Applications
***By Country
Germany
United Kingdom
France
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Europe Computer Monitor Market Size Summary

The Europe Computer Monitor Market is experiencing a steady growth trajectory, driven by the increasing demand for computer accessories like monitors, spurred by the rise in remote work and the burgeoning interest in virtual gaming. Technological advancements have significantly transformed the computing landscape, leading to a preference for larger and more ergonomic displays that enhance user experience. The shift from cathode ray tube (CRT) monitors to LCD technology has been a game-changer, offering improved ergonomics in terms of size, weight, and energy efficiency. The market is further propelled by the popularity of competitive gaming platforms such as e-sports, which demand high-performance monitors with features like high refresh rates and low response times. Manufacturers are also innovating to address issues like eye strain, incorporating technologies such as Low Blue Light and flicker-free backlights to enhance user comfort during prolonged usage.

Germany is poised to capture a significant share of the market, bolstered by its robust manufacturing base for computer hardware and the increased demand for monitors due to the pandemic-induced shift towards remote activities. The country's growing interest in online gaming competitions and increased internet penetration are key factors driving market expansion. Major players like Dell Technologies Inc., HP Development Company L.P., and Lenovo Group Limited are actively launching new products to capture market share, focusing on enhancing refresh rates and response times to cater to gaming enthusiasts. The competitive landscape is marked by continuous innovation, with companies introducing advanced features and technologies to meet the evolving needs of consumers. The market's growth is further supported by the introduction of high-resolution displays and the decreasing costs of 4K monitors, making them more accessible to a broader audience.

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Europe Computer Monitor Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Supply Chain Analysis

    4. 1.4 Assessment of the Impact of COVID -19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Resolution

      1. 2.1.1 1366x768

      2. 2.1.2 1920x1080

      3. 2.1.3 1536x864

      4. 2.1.4 1440x900

      5. 2.1.5 1280x720

      6. 2.1.6 Other Resolutions

    2. 2.2 By Type

      1. 2.2.1 LCD Monitor

        1. 2.2.1.1 In-Plane Switching (IPS)

        2. 2.2.1.2 Twisted Nematic (TN)

        3. 2.2.1.3 Vertical Alignment (VA)

      2. 2.2.2 LED Monitor

      3. 2.2.3 CRT

      4. 2.2.4 Others (QLED, Plasma, etc.)

    3. 2.3 By Application

      1. 2.3.1 Consumer and Commercial

      2. 2.3.2 Gaming

      3. 2.3.3 Other Applications

    4. 2.4 ***By Country

      1. 2.4.1 Germany

      2. 2.4.2 United Kingdom

      3. 2.4.3 France

Europe Computer Monitor Market Size FAQs

The Europe Computer Monitor Market is projected to register a CAGR of 2.24% during the forecast period (2024-2029)

Dell Technologies Inc, HP Development Company, L.P., TPV Technology Co., Ltd., Lenovo Group Limited and ASUSTeK Computer Inc. are the major companies operating in the Europe Computer Monitor Market.

Europe Computer Monitor Market Report Snapshots

Europe Computer Monitor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)