PC Monitors and Projectors Market Forecast Report 2028 – Impact of COVID-19, Distribution Channel Estimates, Vendor Landscape and Trend Analysis by Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global PC monitors & projectors industry research report offers thorough insights on type, global trend, regional demand and top companies. It also offers ready, data-driven answers to several industry-level questions.

The global PC monitors and projectors market size is expected to reach USD 28.5 billion by 2028, registering a CAGR of -0.96% over the forecast period, according to a new report by Million Insights. The declining sales can be credited to growing demand for laptops and smart phones in developed and developing economies.

The growing availability of advanced projector solutions with connectivity features and improved image quality may show some positive impact on the market over the forecast period. Additionally, increase in digitization has generated a strong demand for PC monitors and projectors amongst commercial and educational institutions. Also, online education plays a significant role in education institutions. Furthermore, emerging economies are taking numerous initiatives to implement digitization in country. Also, manufacturers are financing comprehensively in research and development initiatives to develop better products.

Request Absolutely Free Demo of PC Monitors And Projectors Market Report @ https://www.millioninsights.com/snapshots/pc-monitors-projectors-market-report/request-demo 

 

The market is also expected to advantage significantly from the augmented usage of projectors in the gaming industry. Also, market players are compelling numerous strategic initiatives to increase their consumer base and infiltrate the market deeper, particularly in the developing regions. Furthermore, governments are taking initiatives and reforms in energy efficient consumer electronics sector which have led to the noteworthy impact on the market.

The PC monitors type segment accounted for the largest revenue share of more than 85% in 2020. This growth is credited to the increasing demand for these products. PC monitors have advanced display screen resolution features, so they are majorly adopted in gaming application. They offer better experiences for graphical applications, office documents, and movie watching.

The online segment is expected to register the fastest CAGR from 2021 to 2028. This can be attributed to the usage and growing popularity of e-commerce platforms. Major manufacturers are partnering with online retailers intending to reach out to new buyers. Also, an increase in sales of PC monitors and projectors mainly through company-owned websites and other e-commerce platforms such as Amazon, Walmart, etc., is further projected to drive the growth of the online distribution channel segment in the coming years.

Asia Pacific led the global market in 2020 and accounted for the largest revenue share of more than 35.0%. This can be credited to the growing demand for PC monitors from developing countries, such as China, and Japan for gaming application. The increasing e-learning methods and work from home employment coupled with rising disposable income and middle-class population are chief factors propelling the demand for PC monitors and projectors. Many Chinese companies have entered the market with a partnership with e-commerce platforms to offer products at competitive pricing. This, in turn, is expected to drive the market in the region over the forecast period.

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/snapshots/pc-monitors-projectors-market-report 

 

PC Monitors And Projectors Market Report Highlights

• North America and Europe are expected to show slow growth from 2021 to 2028 owing to rising demand for PC monitors and projectors for commercial applications in region

• The PC monitor type segment contributed to the highest revenue share of more than 85.0% in 2020 due to rising demand for this type of PC monitors from developing regions for gaming solutions

• Asia Pacific dominated the market and accounted for the largest revenue share of over 35% in 2020 due to rising demand for PC monitors in developing countries

• The offline distribution channel held the largest revenue share in 2020 and accounted for more than 80.0% of the total revenue due to the development of the organized retail sales sector across the world

PC Monitors And Projectors Market Segmentation

Million Insights has segmented the global PC monitors & projectors market on the basis of type, distribution channel, and region:

PC Monitors & Projectors Type Outlook (Revenue, USD Million, 2017 – 2028)
PC Monitors
Projectors

PC Monitors & Projectors Distribution Channel Outlook (Revenue, USD Million, 2017 – 2028)
Offline
Online

PC Monitors & Projectors Regional Outlook (Revenue, USD Million, 2017 – 2028)
North America
U.S.

Europe
Germany
U.K.
France

Asia Pacific
China
Japan

Central & South America
Brazil

Middle East & Africa
South Africa

List of Key Players of PC Monitors And Projectors Market

Apple Inc.
Samsung Electronics Co. Ltd.
Dell Technologies
Hitachi, Ltd.
Lenovo
HP Inc.
Acer Group
Seiko Epson Corporation
BenQ Materials Corporation

Take a Glance at The Snapshots Available With Million Insights:

• Musical Instruments Market: The global musical instruments market size was valued at USD 18.58 billion in 2020 and is expected to expand at a CAGR of 5.3% from 2021 to 2028.

• Luxury Cars Market: The global luxury cars market size was valued at USD 13.4 billion in 2020 and is expected to expand at a CAGR of 6.7% from 2021 to 2028.

About Million Insights

Million Insights, is a market research and consulting company, provides syndicated as well as customized research reports and consulting services. We have a comprehensive marketplace, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/snapshots/pc-monitors-projectors-market-report