PC monitor shipments are expected to decrease 9.8 percent in 2023 as a result of worsened economic conditions.
PC monitor shipments dropped 18.3 percent to 30.5 million units in the fourth quarter of 2022 leading to an annual decline of 5.9 percent for the full year 2022.
Top suppliers of PC monitors are Dell Technologies, HP, Lenovo, TPV and Samsung during the fourth quarter of 2022.
PC monitor shipments in 2024 should see a slight recovery that will lift shipment volumes above pre-pandemic levels as inventory improves. Beyond 2024, IDC expects further stabilization based on the larger installed base that was created by hybrid work and the growth in gaming monitors.
“Monitors will remain an afterthought for many buyers in the short term,” said Jay Chou, research manager for IDC’s Worldwide Client Device Trackers. “Annual volume had averaged about 125 million before COVID-19, then shot up to over 135 million for each of the past three years. It will take a while for the dust to settle.”
After an unprecedented expansion during earlier periods of the pandemic, driven by work from home and gaming needs, consumer monitor demand began to slow. Commercial monitor purchases also were affected as economic sentiments deteriorated in the latter part of 2022.