Friday, March 17th 2023
PC Monitor Shipments Hit Record Low in Q4 2022, But Recovery Expected in 2024, According to IDC Tracker
Along with the struggling PC market, PC monitor shipments contracted 18.3% year over year in the fourth quarter of 2022 (4Q22) leading to an annual decline of 5.9% for the full year 2022, according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker. At just over 30.5 million units, the 4Q22 results marked the lowest fourth quarter volume since IDC began tracking the market in 2008. However, the setback was expected due to the challenging macro environment, which hit both consumer and commercial demand, and the results hewed close to the forecast of a 16.2% decline in fourth quarter shipments.
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. As a result of worsened economic conditions, IDC expects 2023 shipments to contract another 9.8% as lingering inventory and tepid demand weigh on the market. 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. Consumer and businesses are recalibrating their priorities, but we remain confident that much of the recently expanded installed base will be enticed to upgrade in the coming years."
IDC's Worldwide Quarterly PC Monitor Tracker gathers detailed market data in over 90 countries. The research includes historical and forecast trend analysis among other data.
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. As a result of worsened economic conditions, IDC expects 2023 shipments to contract another 9.8% as lingering inventory and tepid demand weigh on the market. 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. Consumer and businesses are recalibrating their priorities, but we remain confident that much of the recently expanded installed base will be enticed to upgrade in the coming years."
IDC's Worldwide Quarterly PC Monitor Tracker gathers detailed market data in over 90 countries. The research includes historical and forecast trend analysis among other data.
16 Comments on PC Monitor Shipments Hit Record Low in Q4 2022, But Recovery Expected in 2024, According to IDC Tracker
Edit: Judging by that forecast, it seems nothing new is expected in this area either.
i did not find any good bargain as that one for now ... but i might, as i need to replace my 32" full HD Toshiba TV for my HTPC which will in turn replace the 27" Full HD Philips monitor for my Mi TV Stick.
This isn't unlike other consumer electronics, but in the case of monitors, you can't really tell you're getting something cheap. They all look pretty much the same on the outside. Wth dude? That would turn the whole industry upside down :D
Currently still using the Eizo CX240 from 2012, simply because it has zero IPS-Glow.
My only logical way forward would be OLED if i want to avoid IPS Glow.
Oled would be great if they actually made monitors worth buying. Too bad everything under the Sun recently has been hijacked TV panels or curved monitors, or excessively high refresh rate for no reason.
Sad sad market.
Decided to open the wallet all the way to get something i actually enjoy.
Unless you’re buying a calibrated professional display for for 2k +, the higher end gaming monitors have some of the best image quality.
TLDR: that’s a bad generalization to make about “gaming” monitors.
IPS Glow cannot be fixed unless the manufacturer added a ATW Polarizer, which only really happens on $2000+ professional photo editing monitors these days.
Yep just pay a premium for same burn in
Hell I can buy cheap and have the same issue :cool: