4K Gaming Monitors Market Size, Share, Growth, and Industry Growth by Refresh Rate (144Hz, 120Hz, and 60Hz), By Screen Size (27-Inch, 32-Inch, 43-Inch, 55-Inch, and Others), Regional Forecast To 2032

Updated On: 08 April 2024

4K Gaming Monitors Market REPORT OVERVIEW

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The global 4K gaming monitors market size was USD 9413 million in 2022 and market is projected to touch USD 25083 million by 2032, exhibiting a CAGR of 10.8% during the forecast period

The global 4K gaming monitors market size are gaming monitors that are designed to have an output of the graphics card and CPU to make it look good. 4K resolution of the gaming device refers to image resolution used in the image. They offer a resolution of 3840 pixels’ x 2160 lines that is higher than 1080p HD. They are ultra-high definition monitors which support 4K resolution which is 4 times the count of 2K projection.  

The growing demand for 4K gaming monitors is due to increasing interests in gaming industry such tournaments, races, and matches. Increasing number of e-games and tournaments is expected to boost the market. With advanced resolution and core wireless technology and emergence of smart games is anticipated to drive the market demand for such high resolution monitors. The demand is also gaining traction due to ease of purchasing gaming monitors through e-commerce websites and provides a variety of product options.  

COVID-19 Impact: Online Sales to Support Market Performance

The COVID-19 pandemic effects are being felt on a global level, the global 4K gaming monitors market is strikingly impacted. In 2020, COVID-19 has had a negative impact on many markets. Several countries went into lockdown. With the sudden pandemic, all kinds of businesses observed disruptions. With many restrictions in the pandemic, different types of markets were negatively impacted. The COVID-19 pandemic forced people to stay at home and indoors due to lockdown. Announcement of lockdown made people opt for work from home or stay at home. Due to this there has been a surge in the demand for video gaming which has propelled the demand for gaming monitors simultaneously. The sales for such monitors was propelled through online retail and e-commerce sites. There has been increased sale in computers, peripherals, monitors, and laptops. Such demand influenced the demand for gaming monitors with high resolution to have steady sales.  

LATEST TRENDS

"Progression in Digital Infrastructure to Propel Market Growth"

Growing digital infrastructure is estimated to progress the growth of the global 4K gaming monitors market. Trend for gaming has been in attention for some time and this has increased the demand for high resolution gaming monitors. Gaming has been one of the attractive ventures and more people are getting attracted to it. Advanced monitoring and gaming integration introduced by the market players is anticipated to drive the market demand. Companies investing in research activities to develop technologically advanced products and bringing innovations in the gaming monitors. Investments by the companies for constant modifications and innovations in the market is expected to inflate the market demand and propel market growth. Such development of advanced digital infrastructure is expected to pose an opportunity and is predicted to drive the demand for the market. 

4K Gaming Monitors Market SEGMENTATION

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• By Type

Based on refresh rate; the market is divided into 144Hz, 120Hz, and 60Hz.

120Hz is the leading part of the type segment. 

• By Application

Based on the screen size; the market is divided into 27-inch, 32-inch, 43-inch, 55-inch, and others.

DRIVING FACTORS

"Technological Advancements in Gaming Monitors to Inflate Market Demand"

The global 4K gaming monitors market growth is projected to rise due to rising technological advancements. Graphics Processing Units (GPU) technology and content of the games goes under constant improvements that require monitors to be more attractive for the users. Presence of the key players have been aiming more on the graphics card, memory work, and hard drive for creating a balanced ecosystem for gaming. Other improvements such as gaming monitors with high graphics enhancements are also responsible for having a different gaming experience. It enables better color, contrast, brighter highlights, darker shadows, and deeper saturation.  

"Growing Interest in Online Gaming to Widen Demand  "

The popularity and interest in online gaming tournaments, matches, and races is expected to boost the market. There have been numerous online games and tournaments. Increasing penetration of the internet has enabled to widen the consumer base for online gaming. This has propelled sales of 4K gaming monitors and manufacturers are anticipated to have a steady demand. Such growing adoption of online gaming is anticipated to drive the demand for the market.

RESTRAINING FACTORS

"High Prices to Obstruct Market Growth"

There are a number of factors that can push the growth of the market. Restraining factors such as high prices of gaming monitors. High prices of such gaming monitors makes it difficult for consumers to buy them. High performance has high prices which makes the reach limited. This factor is expected to reduce the demand for the product in the market.

4K Gaming Monitors Market REGIONAL INSIGHTS

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"Asia Pacific to Lead Market Due to Presence of Large Number of Active Game Players"

Asia Pacific holds the largest part of the global 4K gaming monitors market share due to the large number of active game players. Due to the large number of players in the region, it has created a large market for gaming consoles in the region. Growing potential of home monitors in developing countries such as China, South Korea, Australia, and Japan. They are primary hotspots for gaming and are driving the demand for high resolution gaming monitors. Presence of majority of market players is expected to drive the market demand.

KEY INDUSTRY PLAYERS

"New Product Launches by Key Players to Boost Market Performance"

The report delivers information about the list of market players and their working in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• LG (South Korea)
• ASUS (Taiwan)
• Philips (Netherlands)
• Acer (Taiwan)
• AORUS (Singapore)
• Dell (U.S.)
• Samsung (South Korea)

INDUSTRIAL DEVELOPMENT

March 2022: Philips has released two new monitors for console gaming and PC. The two high-end monitors; 27M1F5500P and 27M1F5800 have 27-inches and high resolution and refresh rates. These features make them ideal for fast-paced competitive gaming. 

REPORT COVERAGE

This research profiles a report with widespread studies that take into an explanation of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.