Portable Monitor Market Size to Reach US$ 2,079.5 million by 2033

According to the Market Statsville Group (MSG), the global portable monitor market size is expected to grow from USD 231.3 million in 2022 to USD 2,079.5 million by 2033, growing at a CAGR of 22.1% from 2023 to 2033

the portable monitor market refers to the industry involved in the production, distribution, and sale of compact and lightweight displays that can be easily connected to various devices such as laptops, smartphones, gaming consoles, and more. Portable monitors serve as secondary displays, providing users with additional screen real estate and enhancing productivity, entertainment, and gaming experiences when working remotely or on the go.

Here are some key aspects and dynamics of the portable monitor market:

Remote Work and Flexibility: The rise of remote work and the need for flexible work setups have driven the demand for portable monitors. They allow users to create dual-screen workstations wherever they are, improving multitasking and efficiency.

Gaming and Entertainment: Portable monitors cater to gamers who want a larger display while traveling or for multiplayer setups. They are also used for media consumption, enabling a better viewing experience compared to small laptop screens.

Business Travel: Professionals who frequently travel for business benefit from portable monitors, which enable them to have a more productive workspace even in hotel rooms or remote locations.

 

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Portable Monitor Market Dynamics

The portable monitor market has been undergoing dynamic changes driven by technological advancements, shifting work patterns, and evolving consumer preferences. Here are the key dynamics that have been influencing the portable monitor market:

Remote Work and Hybrid Work Models: The global shift towards remote and hybrid work models has significantly increased the demand for portable monitors. Professionals working from home or alternate locations require additional screen space to enhance productivity and multitasking capabilities.

Increased Productivity: Portable monitors cater to individuals who require dual or extended displays for tasks such as coding, design, video editing, data analysis, and content creation. The added screen real estate leads to improved efficiency and reduced toggling between applications.

Growth of Gig Economy and Freelancing: The rise of the gig economy, freelancing, and remote freelancing has led to a higher number of people needing versatile work setups. Portable monitors offer these workers the flexibility to create efficient workspaces anywhere.

Gaming and Entertainment: Portable monitors have found a niche in the gaming community, providing an immersive gaming experience for enthusiasts who want larger displays for their gaming consoles or laptops while traveling.

Mobile Productivity: Business travelers and professionals on the go benefit from portable monitors to set up a more productive workspace in hotel rooms, airports, or cafes.

 

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Market Segmentation Analysis

The study categorizes the global Portable Monitor market based on equipment type, technology, type, installation method, distribution channel, application, and regions.

By Connectivity Type Outlook (Sales, USD Million, 2019-2033)

VGA connectivity

USB connectivity

HDMI connectivity

By Screen Type Outlook (Sales, USD Million, 2019-2033)

LCD

LED

By Screen Size Outlook (Sales, USD Million, 2019-2033)

Under 14 Inch

14 Inch - 20 Inch

Above 20 Inch

By Sales Channel Outlook (Sales, USD Million, 2019-2033)

Online/E-commerce

Retail Stores

By End User Outlook (Sales, USD Million, 2019-2033)

Residential

Commercial

Government Offices

By Region Outlook (Sales, Production, USD Million, 2019-2033)

North America (Mexico, Canada, US)

South America (Peru, Brazil, Colombia, Argentina, Rest of Latin America)

Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)

Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)

The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

 

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REGIONAL ANALYSIS, 2023

Based on the region, the global Portable Monitor market has been analyzed and segmented into five regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

North America has been a prominent market for Portable Monitors due to high consumer spending on electronics and a strong demand for home entertainment systems. The United States, in particular, has a large market for Portable Monitors, driven by the popularity of streaming services and the desire for immersive audio experiences.

The Asia Pacific region, including countries like China, Japan, and South Korea, has witnessed substantial growth in the Portable Monitor market. Factors contributing to this growth include the rising disposable income, increasing urbanization, and the growing popularity of home theater systems among consumers in the region.

 

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Major Key Players in the Portable Monitor Market

The global Portable Monitor market is fragmented into a few major players and other local, small, and mid-sized manufacturers/providers, they are –

Asus

Dell

HP (Hewlett-Packard)

Lenovo

Acer

AOC

Philips

ViewSonic

LG Electronics

BenQ

Samsung

MSI (Micro-Star International)

EPI (Envision Peripherals Inc.)

Gechic Corporation

GAEMS (Gaming and Entertainment Mobile Systems)

Lepo