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
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21 Comments on Gaming Monitor Market Faces Inaugural Downturn with 2022 Shipments Downgraded to 20.5 Million Units

#1
AdmiralThrawn
We stock 20 different monitors at work and are unable to get anything from Asus because they have no stock. IDK if they plan on launching new monitors in december but at the moment everything is backordered.
Posted on Reply
#2
TheLostSwede
News Editor
AdmiralThrawnWe stock 20 different monitors at work and are unable to get anything from Asus because they have no stock. IDK if they plan on launching new monitors in december but at the moment everything is backordered.
They haven't had anything really exciting for quite some time though.
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.
Posted on Reply
#3
AdmiralThrawn
TheLostSwedeThey haven't had anything really exciting for quite some time though.
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.
While true, there is a lot of brand bias for them people have. We sell more asus monitors than any other company. It is not even close. I would love to see more inovation from them though as they are falling behind.
Posted on Reply
#4
TheLostSwede
News Editor
AdmiralThrawnWhile true, there is a lot of brand bias for them people have. We sell more asus monitors than any other company. It is not even close. I would love to see more inovation from them though as they are falling behind.
Asus used to make a lot of interesting things when it comes to monitors, but these days, I fully agree, they're falling behind the competition.
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.
Posted on Reply
#6
awesomesauce
Good news! Maybe they will lower the prices this time
Posted on Reply
#7
Vayra86
5% up in 2023? That is rich. Let's keep it at ignorant optimism. As far as I know, stuff is still escalating, we think we've seen inflation, but war is still on the sidelines of many economies, not front and center, as is climate change. This can and in the case of climate certainly will, change. Meanwhile, its not like people are getting deeper pockets during this time. Growth? Lmao

I think that degrowth movement is a self fulfilling prophecy soon. Something's gonna give, its just that simple.
Posted on Reply
#8
ymdhis
It's almost as if there was a global event that forced people to stay home and buy new high-end gear for their own entertainment.
An event that has now ended and replaced with a recession and energy crisis, forcing people to buy less stuff.
Posted on Reply
#9
Luke357
Most people who wanted a gaming monitor already have a gaming monitor. I finally got one after using standard 1080p 60hz monitors for years but now that I have a nice monitor there is no need for a new one for atleast 7 years unless 27" 4K 240hz OLED screens become $300 (and if my graphics card can run it).
Posted on Reply
#10
ARF
I have a 24" 3840x2160 LG since 2018 and am happy with it..

Next is to buy a 3840x2160 15" OLED notebook.
Posted on Reply
#11
thewan
TheLostSwedeThey haven't had anything really exciting for quite some time though.
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.
While i know this is a post about gaming monitors, ASUS ProArt line have either really high end monitors, or cheaper and better specced budget creator monitors than the competition at the same price brackets, so maybe that is where they are putting their investment. They might've predicted that gaming monitors is going down and down so they didnt bother with anything new. Which is what your article ended up proving.
Posted on Reply
#12
TheLostSwede
News Editor
thewanWhile i know this is a post about gaming monitors, ASUS ProArt line have either really high end monitors, or cheaper and better specced budget creator monitors than the competition at the same price brackets, so maybe that is where they are putting their investment. They might've predicted that gaming monitors is going down and down so they didnt bother with anything new. Which is what your article ended up proving.
Possibly.
Posted on Reply
#13
ARF
I think they should stop the development of 1080p all together - relegating it to 60 Hz sub 100$.

The development should be in the sectors 1440p moar herz lol, 2160p and post-2160p going up to 4320p...
Posted on Reply
#14
Chrispy_
I'm waiting for Oddyssey G7 32" models to come down in price.
I want one but can't really justify the upspend over my existing high-refresh, curved VA, 32" screen.
Posted on Reply
#15
ModEl4
So 20.5 million units estimated shipments of gaming monitors in 2022 and 4% of them TN?
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?
Posted on Reply
#16
cvaldes
Luke357Most people who wanted a gaming monitor already have a gaming monitor.
New people are born every year. Monitors die. Technology advances. People graduate and get their first jobs.

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.
Posted on Reply
#17
Tek-Check
WhyBecauseReasonsGive me a 3840 x 1600 QD-OLED you cowards.
What we want is 3840x2160 or 5K/120 QD-OLED or IPS with better HDR. This needs to happen with adaption of DisplayPort 2.0.

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.
Posted on Reply
#18
Unregistered
No improvement makes sense, low resolution, ancient technology, high prices.
Posted on Edit | Reply
#19
Nater
Shit on Asus all you want, and I just did in another thread (that new Raptor Lake PC), but they're the only game in town with a 31.5" 4K IPS monitor under $400. We bought one for work to try it, and the screen is fine for what we do, and much better PPI/screen size fit than the 28" monitors we have now. Waiting for them to go on sale again (got it for $304 on Amazon NIB) and we're going to get 2 or 3 more units.

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. :)
Posted on Reply
#20
ModEl4
NaterShit on Asus all you want, and I just did in another thread (that new Raptor Lake PC), but they're the only game in town with a 31.5" 4K IPS monitor under $400. We bought one for work to try it, and the screen is fine for what we do, and much better PPI/screen size fit than the 28" monitors we have now. Waiting for them to go on sale again (got it for $304 on Amazon NIB) and we're going to get 2 or 3 more units.

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. :)
In Europe we have also the Lenovo L32p-30 with nearly same specs at 3/4 the cost of Asus VP32UQ.
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
Posted on Reply
#21
Chrispy_
Dumb question:

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.
Posted on Reply
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