The sale of gaming monitors in Western Europe is projected to reach USD 642.6 million in 2023, compared to USD 606.4 million in 2022. The pace of progress for gaming monitor in Western Europe is promising, projected to exhibit a CAGR of 5.9% over the period from 2023 to 2033. By 2033, the sale of gaming monitor is expected to hit USD 1,159.1 million.
| Attributes | Details |
|---|---|
| Industry size for Western Europe in 2023 | USD 642.6 million |
| Expected Industry Size for Western Europe by 2033 | USD 1,159.1 million |
| Forecasted CAGR between 2023 to 2033 | 5.9% |
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Online stores are the dominant way in which gaming monitors are bought in Western Europe. For 2023, online stores are expected to account for 65.0% of the industry share by sales channel.
| Demand for Gaming Monitor in Western Europe Based on Sales Channel | Online Stores |
|---|---|
| Industry Share in 2023 | 65.0% |
Online stores not only provide convenience to consumers but also facilitate easy comparisons between different products. In a technologically advanced industry like gaming monitors, online-only product launches are common. Thus, the online sector is dominating the sales channel for gaming monitors in Western Europe.
VA panels are the preferred panel type in Western Europe. In 2023, VA panels are predicted to hold 55.4% of the industry share by panel type.
| Demand for Gaming Monitor in Western Europe Based on Panel Type | VA Panel |
|---|---|
| Industry Share in 2023 | 55.4% |
Advancements in frame rates are making consumers try out different panels like IPS panels. However, the VA panel remains the prevalent type of panel in Western Europe. VA panels are generally regarded to deal with contrast better and thus Western European consumers are buying VA panel gaming monitors.
| Countries | CAGR (2023 to 2033) |
|---|---|
| United Kingdom | 6.9% |
| Germany | 6.4% |
| France | 6.1% |
The United Kingdom is a highly lucrative place for gaming monitors. During the forecast period, gaming monitor demand in the United Kingdom is set to progress at an encouraging CAGR of 6.9%. Companies in the country are attracting consumers by offering discounts. For instance, the prominent player Currys regularly hosts online sales of gaming monitors at discounted prices
Germany is set to see sturdy growth in the gaming monitor industry, with a predicted CAGR of 6.4% for the forecast period. Germany is home to several manufacturing plants from prominent companies.
The country hosts several manufacturing plants operated by prominent companies, including Dell Technologies and Cherry Europe. The presence of these manufacturing plants is contributing to the increased sale of gaming monitors in the country.
France is another Western European country where the industry is expected to thrive. For the forecast period, the projected CAGR for the industry in France is a solid 6.1%. In recent times, the number of gamers in France have increased at a rapid pace.
It is claimed that about one-third of the population in this country at least plays video games or views gaming content. Thus, gaming monitor sales are going up in France.
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The gaming monitor scene in Western Europe is moderately fragmented. While established players with popular products have captured a sizable chunk of the industry, there is plenty of room for small-scale players.
Development in technology is the name of the game in Western Europe. As the resolutions and frame rates get better, there is jostling among the players to incorporate newer technology into products.
Recent Developments Observed in Gaming Monitor in Western Europe
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | USD 642.6 million |
| Projected Industry Size in 2033 | USD 1,159.1 million |
| Anticipated CAGR between 2023 to 2033 | 5.9% CAGR |
| Historical Analysis of Demand for Gaming Monitor in Western Europe | 2018 to 2022 |
| Demand Forecast for Gaming Monitor in Western Europe | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Key Insights for Gaming Monitor in Western Europe, Insights on Global Players and Leading Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western European Providers |
| Key Companies Profiled | Samsung Electronics Co. Ltd.; Dell Inc.; AOC Systems Incorporated; LG Electronics; Lenovo Group Limited; Acer Inc.; MICRO-STAR INTERNATIONAL CO. LTD.; Qisda Corporation; SCEPTRE Inc.; ViewSonic Corporation; Gigabyte Technology |
| Key Countries Profiled | United Kingdom, Germany, France, BENELUX, Sweden, Norway, Denmark, Italy, Spain |
The industry size of gaming monitor in Western Europe is estimated to be USD 642.6 million in 2023.
Gaming monitor is expected to develop at a CAGR of 5.9% over the period from 2023 to 2033 in Western Europe.
The rise of streaming and comfort in gaming equipment are two factors driving the demand in Western Europe.
VA panels are the preferred panel type in gaming monitors in Western Europe, with an expected industry share of 55.4% in 2023.
Online stores dominate the sales channel segment, with an expected industry share of 65.0% in 2023.
1. Executive Summary 2. Market Overview 3. Market Background 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Panel Type 5.1. IPS Panel 5.2. TN Panel 5.3. VA Panel 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Screen Size 6.1. Less than 27 inches 6.2. 27-32 inches 6.3. More than 32 inches 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 7.1. Online Stores 7.2. Offline Stores 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End-user 8.1. Consumer 8.2. Commercial 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. UK 9.2. Germany 9.3. Italy 9.4. France 9.5. Spain 9.6. Rest of Western Europe 10. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 11. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 12. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 13. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 14. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 15. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 16. Market Structure Analysis 17. Competition Analysis 17.1. Samsung Electronics Co. Ltd. 17.2. Dell Inc. 17.3. AOC Systems Incorporated 17.4. LG Electronics 17.5. Lenovo Group Limited 17.6. Acer Inc. 17.7. MICRO-STAR INTERNATIONAL CO. LTD. 17.8. Qisda Corporation 17.9. SCEPTRE Inc. 17.10. ViewSonic Corporation 17.11. Gigabyte Technology 18. Assumptions & Acronyms Used 19. Research Methodology
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Demand and Trend Analysis of Gaming Monitor in Western Europe
