As per the revised report by Persistence Market Research, the global portable monitors market is expected to expand at an impressive CAGR of close to 16% over the forecast period (2021-2031).
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Though LED is the most widely used technology at present, the emerging trend of innovative display technologies such as OLED and 4K portable monitor display is catalyzing demand for portable monitors across countries. OLED display technology offers high image quality, low power consumption, and low response times, among other features. Also, 4K portable monitors are designed with innovative features such as touch and stylus support for Windows, Android, and others, 60Hz refresh rate, 1 to 2ms response time, and USB hub for power and expansion. Portable monitors offer various benefits such as easy setup and assembly, sleek design, and durability, as well as improved user performance, efficiency, and workflow.
Key Players:
The report has profiled some of the Important players prevalent in the global like – HP Inc., AsusTek Computer Inc., LG Electronics, Samsung Electronics Co., Ltd., Lenovo Group Limited, ViewSonic Corporation, AOC Systems Inc., Dell, Acer Inc. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Portable Monitor.
Key Takeaways from Market Study
- The South Asia & Pacific region is expected to create lucrative growth opportunities for players in the market, due to rise in digital IT infrastructure and changing manufacturing landscape in the region.
- Growing trend of cost-effective portable monitors along with technological advancements is creating new growth opportunities for end users.
- Key players in the market are focusing on acquisitions to complement their product portfolio, so as to cater to the needs of a variety of customers. Market participants are also focusing on providing products directly to end users to improve direct customer relations.
- The market in the U.S. is projected to expand at a CAGR of over 11% through 2031, while that in Germany at around 6%.
- Market growth in China, Japan, and India is expected to be much higher, at around 17%, 20%, and 26%, respectively.
- 14 inch – 20 inch portable monitors enjoy the most demand and are expected to hold a market share of over three-fourth in 2031.
- Sales of LED portable monitors will be the highest throughout the forecast period, with a market share of around 70% in 2031.
- Online sales of portable monitors to lend high impetus to market expansion over next ten years.
“Portable monitor manufacturers can increase revenue by upgrading existing facilities to enhance operational efficiency, reduce operating cost, and offer advanced features such as auto rotatable, lightweight, high resolution display, and high video quality,” says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Portable Monitor Market Manufacturers
Portable Monitor Market Distributors/Traders/Wholesalers
Portable Monitor Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Portable Monitor Market Report:
- The Portable Monitor Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Portable Monitor Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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