PMR’s research report covers extensive insights on market size (US$ Mn), projections, trends, dynamics, and recent developments in the portable monitor market for the forecast period of 2019 to 2029.
High adoption of portable computer peripherals in the commercial sector and availability of solutions integrated with innovative functionalities and features are the key factors propelling the growth of the global portable monitor market. Deployment of cost-effective portable monitors with USB connectivity is an ongoing trend in the global portable monitor market.
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- HP Inc.
- ASUS Computer International, Inc.
- ViewSonic Corporation
- AOC, LLC
- LG Electronics Inc.
- Dell Inc.
- Gechic Corporation
- Mobile Pixels
- Acer Inc.
- Toguard Electronics Co.
- HORI USA
- BenQ Corporation
High Adoption of Portable Computer Peripherals in Commercial Sector
The portable monitor market is being driven by the rising adoption of desktop and laptop computers by different commercial end users, such as business enterprises and government organizations, among others.
Over the past few years, most of the paper-based records have been archived into electronic storage media, which can be accessed by computers. This trend has increased the demand for portable monitors in various business and management processes.
With the ever-rising adoption of desktop and laptop computers across different industries, the demand for computer peripherals is expected soar substantially during the forecast period, which will, in turn, drive the global portable monitor market.
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Solutions Integrated with Innovative Functionalities & Features Driving Portable Monitor Demand
The growth of the global portable monitor market is primarily fuelled by the deployment of portable monitors with innovative functionalities and features such as USB connectivity, battery saving mode, and audio jack, among others. Currently, portable monitors are being deployed in sizes suitable for commercial as well as residential use.
These portable monitors feature high resolution display and video quality, thus increasing their attractiveness in the gaming community too. Also, portable monitors are also being integrated with touchscreen technology, which enhances user experience to a great extent.
The availability of different sizes and innovative features is estimated to accelerate the adoption of portable monitors during the forecast period.
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Deployment of Cost-effective Portable Monitors with USB Connectivity
Portable monitor manufacturers are deploying budget-friendly solutions that offer best compatibility with laptops. These portable monitors can be quickly and easily plugged into the end user’s laptop or personal computer via a USB. The provision of a secondary monitor improves productivity, as the end user has one more desktop to work on.
End users can also use portable monitors to display a single program on a full screen for presentations and conferences. Such solutions let primary devices such as laptops or PCs have more breathing room, no matter the end use. Manufacturers are integrating innovative features into their portable monitors that enable end users to use a multi-screen setup.
Some portable monitor manufacturers are deploying thin and lightweight models that offer the same functionalities as the full-sized variants.
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North America to Remain Dominant throughout Forecast Period
In terms of value, the portable monitor market in North America is estimated to offer the highest opportunity over the forecast period. The portable monitor market in the United States is estimated to dominate the global portable monitor market throughout the forecast period.
However, the market in Asia Pacific excluding Japan is estimated to record the highest growth rate over the forecast period. This growth can be attributed to the high demand for computer peripherals generated from the commercial sector in the region.
Manufacturers are striving to entice end users to procure smart & portable monitors and replace conventional desktop personal computers. Portable monitor solutions will also provide a budget-friendly computing environment for the gaming community, and facilitate a touchscreen setup for web browsing. Besides North America, which is the biggest market right now, manufacturers can look to countries in APEJ, from where there will be rapidly increasing demand for portable monitors over the coming years.
Portable Monitor Market: Segmentation
PMR’s research study on the global portable monitor market offers a detailed market segmentation, wherein, key segments have been discussed in detail. The segmentation of the portable monitor market has been offered on the basis of screen size, display, connectivity, end user, sales channel, and region. Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the study.
Portable Monitor Market: Key Questions Answered in Report
The research study on the portable monitor market offers inclusive insights about the growth of the market in the most comprehensible manner for the better understanding of users. Various insights offered in the report answer some salient questions that assist stakeholders in gauging all emerging possibilities in the market.
- How has the rapidly changing business environment acted as a major growth engine for the portable monitor market?
- What are the key trends that are constantly shaping the growth of the portable monitor market?
- Which are the prominent regions offering plentiful opportunities for the portable monitor market?
- What are the differential strategies adopted by key players to command a significant chunk of the global market share?