The worst quarter for PC monitor sales since records began😬
, of course. IDC said the contraction was expected on two counts. First, the patchy global economic environment. Second, an inevitable downturn following a spike in shipments to meet pandemic driven demand for work-at-home and gaming hardware.
IDC predicts 2023 will actually be worse again overall with a further 9.8% contraction before the market recovers in 2024. Taken in the round and looking at IDC's graph, the dip in 2022 and 2023 is pretty mild, especially when you consider the big spike during the pandemic. So, let's not panic. 120 million PC monitors are still going to find homes in 2023. The world is still spinning. Incidentally, if you were wondering who the big names in PC monitors are, IDC has numbers for that, too. Dell is by far the biggest player, with around 22.5% of the market, with HP second on about 12% and Samsung, Lenovo and TPV close behind.
Of course, that's the whole PC monitor market, not just gaming panels. Anywho, a bit of a dip is not a huge surprise. And as we recently discovered with
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