Analyzing Gaming Monitor Market: Global Industry Perspective and Forecast (2024 to 2031)

Executive Summary

Executive Summary:

The Gaming Monitor market research report provides a comprehensive analysis of the market conditions for gaming monitors. The report covers key players, developments, trends, and challenges in the market. The market is expected to grow at a CAGR of % during the forecasted period.

Market Trends:

Some key trends in the gaming monitor market include the increasing demand for high-resolution displays, the rise of eSports and gaming competitions, and the growing popularity of curved and ultra-wide monitors. Additionally, manufacturers are focusing on developing monitors with faster refresh rates and response times to cater to the needs of competitive gamers.

Geographical Spread:

North America (NA): The NA region is a key market for gaming monitors, driven by the presence of major gaming companies and a tech-savvy consumer base.

Asia-Pacific (APAC): APAC is witnessing rapid growth in the gaming monitor market due to the increasing popularity of gaming in countries like China, South Korea, and Japan.

Europe: Europe is a significant market for gaming monitors, with high demand for advanced display technologies and gaming peripherals.

USA: The USA is a major contributor to the gaming monitor market, with a large number of gamers and gaming enthusiasts driving demand for high-quality displays.

China: China is a key market for gaming monitors, with a growing gaming industry and a large consumer base.

In conclusion, the gaming monitor market is experiencing steady growth, fueled by advancements in display technologies and the growing popularity of gaming. Key regions like North America, Asia-Pacific, Europe, the USA, and China are driving the market forward, with a CAGR of 12.51% expected during the forecasted period.

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Market Segmentation:

This Gaming Monitor Market is further classified into Overview, Deployment, Application, and Region. 

In terms of Components, Gaming Monitor Market is segmented into:

• AOC/Philips
• ASUS
• Acer
• MSI
• Samsung
• Dell
• LG
• Lenovo
• HP
• HKC
• BenQ ZOWIE
• Viewsonic
• Razer
• Gigabyte
• SANC

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The Gaming Monitor Market Analysis by types is segmented into:

• 144Hz
• 165Hz
• 240Hz
• 360Hz
• Others

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The Gaming Monitor Market Industry Research by Application is segmented into:

• Online
• Offline

In terms of Region, the Gaming Monitor Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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Key Drivers and Barriers in the Gaming Monitor Market

Key drivers in the gaming monitor market include increasing demand for high-resolution displays, fast refresh rates, and low input lag for enhanced gaming experiences. The growing popularity of eSports and virtual reality gaming is also driving the market growth. However, barriers such as high costs of advanced gaming monitors, limited availability of compatible hardware, and intense competition from other gaming display technologies can hinder market growth. Additionally, challenges faced in the market include constantly evolving technology trends, rapid product obsolescence, and the need for continuous innovation to meet the demands of tech-savvy gamers. Meeting the needs of diverse gamer preferences and balancing performance with affordability are ongoing challenges in the gaming monitor market.

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Competitive Landscape

The competitive gaming monitor market is dominated by several key players, including Acer, ASUS, and BenQ ZOWIE. Acer is a Taiwanese multinational company that specializes in electronics and computer hardware. Founded in 1976, Acer has grown to become one of the world's largest PC manufacturers. The company's gaming monitor division has seen steady growth in recent years, with a focus on high-performance displays for competitive gaming.

ASUS, another Taiwanese company, has also established itself as a major player in the gaming monitor market. Founded in 1989, ASUS is known for its high-quality gaming products, including monitors, laptops, and peripherals. The company's Republic of Gamers (ROG) brand is popular among gamers for its cutting-edge technology and high refresh rates.

BenQ ZOWIE, a subsidiary of BenQ Corporation, is a well-known brand in the gaming monitor market. The company focuses on creating monitors specifically designed for eSports and competitive gaming. BenQ ZOWIE monitors are known for their low input lag, high refresh rates, and customizable settings for professional gamers.

In terms of market size, the global gaming monitor market was valued at around $ billion in 2020 and is projected to reach $3.8 billion by 2026, with a CAGR of 9.2%. The increasing popularity of eSports and competitive gaming has driven demand for high-performance monitors with fast refresh rates and low input lag.

While specific sales revenue figures for the aforementioned companies are not publicly disclosed, they are estimated to have a significant market share in the gaming monitor industry. Acer, ASUS, and BenQ ZOWIE are considered leaders in the market, with a strong presence in both the consumer and professional gaming sectors.

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