PC monitor

The recovery came after five consecutive quarters of annual declines while the market was focused on clearing excess inventory from the pandemic era.

Although the market slightly exceeded expectations by reaching just over 29.9 million units, it still fell short of pre-Covid levels observed in the second quarter of 2019, signaling that recovery remains a work in progress following the surge in volume witnessed from 2020 to 2022.

Along with the struggling PC market, PC monitor shipments contracted 18.3% year over year in the fourth quarter of 2022 (4Q22) leading to an annual decline of 5.9% for the full year 2022, according to research firm IDC.

With 143.6 million units shipped globally, 2021 also stood as the best performing year since 2012, when volume was 150.3 million.

After five consecutive quarters of year-over-year shipment growth, the global PC monitor market hit an inflection point in the third quarter of 2021 (3Q21), registering the first year-over-year decline in shipments since global lockdowns began in the first quarter of 2020 (1Q20), according to research firm IDC.

The growth rate and unit volume were the fastest and largest numbers recorded since IDC began tracking this market in 2016.