Thursday, September 29th 2022
Gaming Monitor Market Faces Inaugural Downturn with 2022 Shipments Downgraded to 20.5 Million Units
According to the latest TrendForce research, shipments of gaming monitors are in decline for the first time since the product category was launched to market, with 2022 estimates lowered to 20.5 million units, a 10% drop YoY. The primary reasons for this downgrade are intensifying inflation in Europe and spiking interest rates in North America which have upset and displaced demand for consumer electronics products. In addition, delays in launching high-end graphics cards has also led some e-sports consumers to consider postponing purchases.
According to TrendForce, judging from the market share of flat and curved gaming monitors, curved gaming surfaces accounted for approximately 41% of the market in 2021. In 2022, this share will increase to 44% and is expected to have a chance to reach 46% in 2023. In addition to an increased supply of curved monitor panels and their high price-performance ratio, growth in the market share of Ultra-Wide products is also one of the reasons for the rise of curved products.In terms of gaming monitor panel types, VA accounted for approximately 48% of shipments in 2021, IPS was next at 43%, and TN captured 9%. In 2022, the market share of TN will continue to shrink and it is estimated at only 4%, while VA will have the opportunity to soar to 52% as long as panel pricing is competitive. It is worth mentioning, after Samsung Display (SDC) launched QD-OLED and LG Display (LGD) launched White OLED e-sports monitor panels, OLED e-sports products began to emerge in 2022 and its market share is expected to reach 0.4% this year. In addition, monitor brands have successively joined in the launch of OLED products and the market share of this category is expected to reach 2% in 2023.
Looking forward to the gaming monitor market in 2023, if the types of panels supplied and models launched by brands continue to diversify while the overall LCD monitor market shrinks as expected, there will still be opportunities to maintain shipment growth. TrendForce believes that the M-type product strategy will help the gaming monitor market to grow against trend. First of all, low-end gaming products will be made more affordable by lowering specifications and costs, narrowing the price differential between these products and general-use monitors. In addition, a 100 Hz product line can be added to replace the preceding 75 Hz e-sports market. The high-end market continues to develop e-sports products featuring new technology such as QD-OLED, OLED, and Mini LED, while simultaneously enhancing consumers' user experience to focus consumers on e-sports products when purchasing monitors and promote e-sports monitor market share.
Source:
TrendForce
According to TrendForce, judging from the market share of flat and curved gaming monitors, curved gaming surfaces accounted for approximately 41% of the market in 2021. In 2022, this share will increase to 44% and is expected to have a chance to reach 46% in 2023. In addition to an increased supply of curved monitor panels and their high price-performance ratio, growth in the market share of Ultra-Wide products is also one of the reasons for the rise of curved products.In terms of gaming monitor panel types, VA accounted for approximately 48% of shipments in 2021, IPS was next at 43%, and TN captured 9%. In 2022, the market share of TN will continue to shrink and it is estimated at only 4%, while VA will have the opportunity to soar to 52% as long as panel pricing is competitive. It is worth mentioning, after Samsung Display (SDC) launched QD-OLED and LG Display (LGD) launched White OLED e-sports monitor panels, OLED e-sports products began to emerge in 2022 and its market share is expected to reach 0.4% this year. In addition, monitor brands have successively joined in the launch of OLED products and the market share of this category is expected to reach 2% in 2023.
Looking forward to the gaming monitor market in 2023, if the types of panels supplied and models launched by brands continue to diversify while the overall LCD monitor market shrinks as expected, there will still be opportunities to maintain shipment growth. TrendForce believes that the M-type product strategy will help the gaming monitor market to grow against trend. First of all, low-end gaming products will be made more affordable by lowering specifications and costs, narrowing the price differential between these products and general-use monitors. In addition, a 100 Hz product line can be added to replace the preceding 75 Hz e-sports market. The high-end market continues to develop e-sports products featuring new technology such as QD-OLED, OLED, and Mini LED, while simultaneously enhancing consumers' user experience to focus consumers on e-sports products when purchasing monitors and promote e-sports monitor market share.
21 Comments on Gaming Monitor Market Faces Inaugural Downturn with 2022 Shipments Downgraded to 20.5 Million Units
What's available is overpriced compared to the competition and not by just a little bit, but by so much that Asus is no longer an option imho.
Not sure why people would favour Asus over other monitor brands though, as it's not as if Asus is a company that's truly well known for making great monitors.
I think that degrowth movement is a self fulfilling prophecy soon. Something's gonna give, its just that simple.
An event that has now ended and replaced with a recession and energy crisis, forcing people to buy less stuff.
Next is to buy a 3840x2160 15" OLED notebook.
The development should be in the sectors 1440p moar herz lol, 2160p and post-2160p going up to 4320p...
I want one but can't really justify the upspend over my existing high-refresh, curved VA, 32" screen.
That's 820.000 TN based gaming monitors.
From a quick search, the only QHD TN monitors with 2ms GtG response or less and above 165Hz, are HP Omen X 27 & Lenovo Legion Y27gq-25 (maybe also the AOC Agon AG273QZ)
All the others are 144Hz-165Hz and there are plenty IPS/VA QHD 144Hz alternatives, so most of the 820.000 must be 1080p isn't it?
Some people buy cheap monitors and decide later than they want something better.
There are always new customers. There is always something better just around the corner.
Unfortunately, Nvidia decided not to offer DP 2.0 ports on 4000 cards and should condemned for it, as it does not motivate monitor vendors to speed-up modernisaiton of monitors. Intel has just launched A770 with three DP 2.0 ports at 40 Gbps and AMD will launch RDNA3 GPUs with similar if not full size ports.
I can't get the boss to go for $600+ proper 4K 30"+ IPS monitor. Next bet after the Asus is one of the LG monitors at just over $400, but it's white, and I never want to be mistaken for a MacTard. :)
4K IPS
white-LED, flicker-free, blue light filter
HDR10, 10bit (8bit+2bit)
Adaptive Sync, AMD FreeSync (40-60Hz via DisplayPort
slim bezel, USB-C Power Delivery (75W), mechanical keys, webcam-Mounting, security lock (Kensington)
1x HDMI 2.0, 1x DisplayPort 1.2, 1x USB-C 3.0 with DisplayPort 1.2
USB hub Out 4x USB-A 3.0
USB hub In 1x USB-C 3.0 with DisplayPort 1.2
Is curved IPS dead? I had one 5+ years ago and loved it but I upgraded for something with an actual contrast ratio. Now they don't seem to be easy to find.