Gaming Monitor Shipments Up By 116% In 2020 To 18.4M Units; Projected To Grow To 26M In 2021
Gaming hardware orders and shipments set record highs in 2020 as people were forced to stay indoors and find alternative forms of entertainment. An estimated 18.4M units of gaming monitors were shipped in 2020, a more than 116% increase from 2019.
Gaming Monitor Shipment More Than Doubled In 2020 – 18.4M Units
Gaming monitors differ from regular monitors in that they are capable of high-performance and are classified as such if a monitor has a refresh rate of at least 100HZ. Due to the Covid-19 pandemic and the lockdowns, it forced upon nations, demand for such monitors increased dramatically in 2020.
A total of 18.4M gaming monitors were shipped in 2020 compared to just 8.5M in 2019 – a 116% YoY increase. The momentum built from 2020 is expected to continue into 2021 with gaming monitor shipments projected to grow a further 40.76% and reach 25.9M units shipped.
Popular computer hardware brand MSI experienced the highest growth among leading brands registering a 114% YoY increase in gaming monitor shipments. Asus had the highest YoY growth for monitor shipments (both gaming and non-gaming) among leading brands, buoyed by a 108% YoY increase in gaming monitor shipments. AOC/Philips also recorded triple-digit growth with a 102% YoY growth owing to the strong performance of their curved gaming monitors.
Curved Monitors Also Gaining In Popularity – 24% YoY Growth
Halfway through 2020, forecasts showed that the shipment of curved monitors also increased significantly for the year. It was estimated that 12.9M units of curved monitors were shipped in 2020, a 24% increase from the 10.4M units that were sold in the year prior. A further 11.3M units of curved monitors are projected to be shipped in 2021.
“2020’s pandemic caused a significant spike for the entire gaming industry and gaming monitor brands took full advantage. Monitors as a whole experienced tremendous growth as people’s homes became an extension of their offices during the pandemic while gaming monitors particularly reached new heights. Expect this momentum to carry over the next few years as hybrid work models become a more permanent fixture in the corporate world.” - Rex Pascual