The worldwide market for PC monitors grew 5.0% year over year in the fourth quarter of 2019 (4Q19), according to preliminary results from International Data Corporation’s (IDC) Worldwide Quarterly PC Monitor Tracker. Global shipments exceeded expectations, reaching just over 33.2 million, a number last exceeded in the fourth quarter of 2014.
The holiday quarter capped an impressive run for monitors in 2019 with annual growth for the full year reaching 1.5%. Like the PC market, monitor momentum was boosted by business device refresh projects that further consolidated the market, with the top 3 players – Dell, HP, and TPV, holding nearly 50% of the market in 2019. In addition, other factors were in play that further helped the market. Screen sizes continued to grow – 2019 marked the first year in which 23.8-inch screens overtook 21.5-inch as panel suppliers and OEMs alike focused on marketing bigger sizes. Strong gaming monitor adoption also helped to lift the consumer segment to its first growth year since 2010.
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Top Companies, Worldwide PC Monitor Shipments, Market Share, and Year-Over-Year Growth, |
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|
Company |
4Q19 |
4Q19 |
4Q18 |
4Q18 Market |
4Q19/4Q18 |
|
1. Dell Technologies |
7,237 |
21.8% |
6,784 |
21.5% |
+6.7% |
|
2. HP Inc. |
5,027 |
15.1% |
4,568 |
14.4% |
+10.1% |
|
3. TPV |
4,293 |
12.9% |
3,737 |
11.8% |
+14.9% |
|
4. Lenovo |
3,926 |
11.8% |
3,998 |
12.6% |
-1.8% |
|
5. Samsung |
2,578 |
7.8% |
2,154 |
6.8% |
+19.7% |
|
Others |
10,154 |
30.6% |
10,381 |
32.8% |
-2.2% |
|
Total |
33,215 |
100.0% |
31,623 |
100.0% |
+5.0% |
|
Source: IDC Quarterly PC Monitor Tracker, March 2020 |
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Notes:
- Data for all companies are reported for calendar periods.
Looking ahead, IDC believes the market faces short-term challenges that will take several quarters to play out. The end of most commercial PC Windows 10 migration efforts means monitors will see a slowdown after the past two years of growth. In addition, the deteriorating situation due to the COVID-19 virus has introduced a new set of inhibitors that will negatively impact both supply and demand. Ongoing events in China will remain disruptive to the monitor supply chain as a whole and is likely to extend through the first half of 2020. Demand in China and other regions is also suppressed but global shipments should slightly improve in the second half of 2020, with 2021 showing a rebound in volume.
“Even as the monitor supply chain moves toward recovery, challenges remain with certain component shortages, such as backlights, as well as labor and logistics issues,” said Jay Chou, research manager for IDC’s Quarterly PC Monitor Tracker. “At the same time, concerns are quickly shifting from supply constraints to overall demand contraction across multiple markets. As more cities face the prospect of lockdowns and movement restrictions, another casualty will be brick and mortar retail channels that have long been ceding share. OEMs should take time to further assess their online strategy.”
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Worldwide PC Monitor Shipments Forecast and Year-Over-Year Growth, Q4 2019 (shipments are |
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|
2018 |
2019 |
2020 |
2021 |
2020/2019 |
|
Dec. 2019 Forecast |
123,308 |
123,732 |
118,526 |
114,428 |
-4.2% |
|
Mar. 2020 Forecast |
123,308 |
125,171 |
116,172 |
116,307 |
-7.2% |
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Source: IDC Quarterly PC Monitor Tracker, March 2020 |
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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.
For more information, or to subscribe to the research, please contact Kathy Nagamine at 650-350-6423 or knagamine@idc.com.
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About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world’s leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.
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