Advancements in technology and rise in demand for more advanced viewing experience and higher resolution screens are factors driving growth of the portable monitor market.
Market Size – USD 110.8 Million in 2019, Market Growth – CAGR of 25.2%, Market Trends – Imposition of lockdown during COVID-19 pandemic.
The global Portable Monitor Market is expected to reach a market size of USD 670.5 Million by 2027 and register a high revenue growth rate during the forecast period, according to a latest report by Reports and Data.
Growing demand for portable monitors in the gaming industry is a key factor fueling growth of the market. Portable monitors are available in different sizes and have been designed for the target audience of movie watchers, gamers, social media professionals, and those who need second screen experience. These monitors are cost-effective and offer high-resolution display quality, which increases their attractiveness in the gaming sector. These monitors are also integrated with touchscreen technology, which enhances user experience.
Portable monitors are energy-efficient, and easy to handle and carry around. They do not take much space, which is another driving factor for growth of the portable monitor market. However, high cost of portable monitors is restraining growth of the market.
The COVID-19 impact:
The COVID-19 pandemic has negatively impacted growth of the portable monitor market. The lockdown across manufacturing facilities has hampered production of portable monitors. The market has been witnessing increased growth after the COVID-19 pandemic lockdown was lifted, and is being driven significantly by the work-from-home trend.
Key participants include Dell Inc., HP Inc., AOC, LLC, ASUS Computer International, Inc., LG Electronics Inc., Gechic Corporation, Acer Inc., ViewSonic Corporation, BenQ Corporation, and Samsung Electronics Ltd.
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Further key findings in the report
- OLED portable monitor is brighter, thinner, and more energy-efficient. Revenue from the OLED segment is registering steady growth, but this could have been significantly higher if high cost was not a factor.
- USB connectivity feature enables additional display to MAC or PC. USB monitors enable IT departments to improve their productivity without additional cost. Portable monitors with USB are ideal for customer check-outs and kiosks as they allow merchants to configure dual displays at point of purchase.
- The online segment revenue is increasing at a rapid rate due to growth in the e-Commerce industry. The COVID-19 pandemic has spurred online shopping to restrict human contact and maintain social distancing norms. Growing trend of work from home has also resulted in increasing demand for and ordering of portable monitors through online channels.
- Asia Pacific market revenue is forecast to a comparatively high CAGR due to rapid economic development in developing economies and increasing disposable income among consumers in countries in the region. Rapid industrialization and growth in the corporate sector are also contributing to market growth.
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For the purpose of this report, Reports and Data has segmented the global portable monitor market on the basis of display, screen size, connectivity, end-use, sales channel, and region:
Screen Size Outlook (Revenue, USD Million; 2017-2027)
- Under 14 Inch
- 14 Inch – 20 Inch
- Above 20 Inch
Display Outlook (Revenue, USD Million; 2017-2027)
- Liquid-crystal display (LCD)
- Light-emitting diode (LED)
- Organic Light-Emitting Diode (OLED)
Connectivity Outlook (Revenue, USD Million; 2017-2027)
- Video Graphics Array (VGA)
- Universal Serial Bus (USB)
- High-Definition Multimedia Interface (HDMI)
End-use Outlook (Revenue, USD Million; 2017-2027)
- Residential
- Commercial
- Industrial
Sales channel Outlook (Revenue, USD Million; 2017-2027)
- Retail Stores
- Online
Regional Outlook (Revenue, USD Million; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Portable Monitor Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
….
Chapter 11. Competitive Landscape
11.1. Market Revenue Share By Manufacturers
11.2. Manufacturing Cost Breakdown Analysis
11.3. Mergers & Acquisitions
11.4. Market positioning
11.5. Strategy Benchmarking
11.6. Vendor Landscape
Chapter 12. Company Profiles
12.1. Dell Inc
12.1.1. Company Overview
12.1.2. Financial Insights
12.1.3. Technology Insights
12.1.4. Strategic Initiatives
12.2. HP Inc
12.2.1. Company Overview
12.2.2. Financial Insights
12.2.3. Technology Insights
12.2.4. Strategic Initiatives
12.3. ASUS Computer International, Inc
12.3.1. Company Overview
12.3.2. Financial Insights
12.3.3. Technology Insights
12.3.4. Strategic Initiatives
12.4. LG Electronics Inc
12.4.1. Company Overview
12.4.2. Financial Insights
12.4.3. Technology Insights
12.4.4. Strategic Initiatives
12.5. Gechic Corporation
12.5.1. Company Overview
12.5.2. Financial Insights
12.5.3. Technology Insights
12.5.4. Strategic Initiatives
Continue….
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