21 Jun 2016
FRAMINGHAM, Mass, June 21, 2016 – The total worldwide PC monitor market shipped more than 29 million units in the first quarter of 2016 (1Q16), up 0.5% year over year but a decrease of 5.7% compared to the previous quarter, according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker.
"IDC expects the global monitor market will continue to decline at rates around 3% year over year from 2018 through 2020. However, there should be some pockets of growth along the way, as illustrated by the Middle East & Africa region, which experienced its second sequential gain in a row, recording 3.8% quarter-over-quarter growth in 1Q16," said Maura Fitzgerald, senior research analyst, Worldwide Trackers.
IDC currently forecasts 114 million PC monitor units will be shipped for full year 2016 and expects to see a year-over-year decline of 7.4% in worldwide shipments to 27.1 million units in the first quarter of 2017. By 2020, worldwide shipments are expected to be less than 100 million units as the adoption of mobile devices at lower price points is expected to continue.
Worldwide PC Monitor Unit Shipments, Market Share, and Year-over-Year Growth, First Quarter 2016
1Q16 Unit Shipments
1Q16 Market Share
1Q15 Unit Shipments
1Q15 Market Share
2. HP Inc.
4. LG Electronics
Source: IDC Worldwide Quarterly PC Monitor Tracker, June 2016
This chart is intended for public use in online news articles and social media. Instructions on how to embed this graphic are available by clicking here.
About IDC Trackers
IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad. The IDC Tracker Chart app is also available for Android Phones and Android Tablets.
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 subsidiary of IDG, the world's leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC.