18 Sep 2017
FRAMINGHAM, Mass, September 18, 2017 – Worldwide monitor shipments totaled 28.5 million units in 2Q17, according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker. While the shipment total represented a 6.4% decline over the prior year, some of the market softness can be attributed to a strong 2Q16, presenting the most recently closed quarter with a challenging comparison. However, market consternations pervade. For starters, the 28.5 million units shipped also represents a sequential decline of 1.2%, the first sequential decline for a second calendar quarter since 2014. A sequential decline in a mid-quarter is typically the outcome of digestion of excess inventory, which is troubling given that 1Q17 also opened in the red. Still, optimism abounds, particularly around replacements of old monitors approaching end of life. Strong back-to-school and holiday seasons should prop the market up, and as such, IDC has revised its forecast for the second half of 2017 from a decline of 2.8% to a decline of 1.7%.
"IDC expects the global monitor market will continue to decline at rates around 2% year over year from 2018 through 2020. However, the second quarter proved better than forecast overall, with Japan, Western Europe, and Central & Eastern Europe recording strong year-over-year growth," said Maura Fitzgerald, senior research analyst, Worldwide Trackers.
IDC currently forecasts 117 million PC monitor units will be shipped for full year 2017 and expects to see a year-over-year decline of 2.2% in worldwide shipments to 27.8 million units in the second quarter of 2018. By 2020, worldwide shipments are expected to be less than 112 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, Second Quarter 2017
2Q17 Unit Shipments
2Q17 Market Share
2Q16 Unit Shipments
2Q16 Market Share
2. HP Inc.
Source: IDC Worldwide Quarterly PC Monitor Tracker, September 2017
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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 media, data and marketing services company that activates and engages the most influential technology buyers. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn.