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South Korea Computer Monitor Market Size, Share, Analysis: By Type: LCD Monitor, LED Monitor, CRT, Others; By Size: Small, Large; By Application: Commercial, Gaming, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
South Korea Computer Monitor Market Size
The South Korea computer monitor market is projected to grow at a CAGR of 5% between 2024 and 2032.
South Korea Computer Monitor Market Outlook
- South Korea is expected to become the largest display panel manufacturer by 2027.
- Government financing (worth 900 billion won) and private sector investments (worth 65 trillion won) are expected to aid the market.
- Gaming monitors are expected to constitute a major portion of the market share.
South Korea Computer Monitor Market Growth
South Korea currently occupies a 37% share in the global display market. This share is further expected to increase to 50% by 2027.
The increasing demand for OLED gaming monitors is one of the key market trends. This is attributed to the adoption of various cutting-edge technologies, such as the Variable Refresh Rate and the Black Frame Insertion, which minimise motion blur and provide a better wide viewing angle and response speed. The robust demand for IT-oriented OLEDs is expected to grow significantly as major market players shift towards manufacturing less-commercialised displays (20–40-inch) for a detailed gameplay experience. This is expected to aid the market growth.
The South Korean government is planning to invest 550 million won in the private sector for boosting its competitiveness and incentivising the production of batteries and display systems. It has also proposed a 7% appraisal in tax deduction rate for large corporations investing in chip manufacturing facilities. This is expected to influence the market growth favourably, with companies such as Samsung making long term investment plans (worth $3.14 billion) to boost the domestic production capabilities for OLED display panels and becoming a leading manufacturer of them globally.
South Korea Computer Monitor Industry Segmentation
South Korea Computer Monitor Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- LCD Monitor
- LED Monitor
- CRT
- Others
Market Breakup by Size
- Small
- Large
Market Breakup by Application
- Commercial
- Gaming
- Others
South Korea Computer Monitor Market Share
On the basis of type, the market can be divided into LCD Monitor, LED Monitor, and CRT, among others. LED monitors are expected to dominate the demand over the forecast period because of its fast response speed, high quality images, eco-friendly construction, and high durability. They are well-suited for outdoor uses and can be designed in different shapes (such as flat, curved, or square).
Leading Companies in the South Korea Computer Monitor Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
- Apple Inc.
- Samsung Electronics Co., Ltd.
- LG Corporation
- Dell Inc.
- ASUSTEK Computer Inc.
- HP Inc.
- ViewSonic Corporation
- BenQ Corporation
- Acer Inc.
- Razer Inc
- Others
The market players are manufacturing both small and large sized monitors to cater to the rising demand for advanced display technologies.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Size |
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| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Computer Monitor Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Computer Monitor Historical Market (2018-2023)
8.3 Asia Pacific Computer Monitor Market Forecast (2024-2032)
8.4 Asia Pacific Computer Monitor Market Breakup by Country
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 ASEAN
8.4.5 Australia
8.4.6 South Korea
8.4.7 Others
9 South Korea Computer Monitor Market Overview
9.1 Key Industry Highlights
9.2 South Korea Computer Monitor Historical Market (2018-2023)
9.3 South Korea Computer Monitor Market Forecast (2024-2032)
10 South Korea Computer Monitor Market by Type
10.1 LCD Monitor
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 LED Monitor
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 CRT
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 South Korea Computer Monitor Market by Size
11.1 Small
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Large
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 South Korea Computer Monitor Market by Application
12.1 Commercial
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Gaming
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Apple Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Samsung Electronics Co., Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 LG Corporation
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Dell Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 ASUSTEK Computer Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 HP Inc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 ViewSonic Corporation
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 BenQ Corporation
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Acer Inc.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Razer Inc
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Computer Monitor Market: Key Industry Highlights, 2018 and 2032
2. South Korea Computer Monitor Market: Key Industry Highlights, 2018 and 2032
3. South Korea Computer Monitor Historical Market: Breakup by Type (USD Million), 2018-2023
4. South Korea Computer Monitor Market Forecast: Breakup by Type (USD Million), 2024-2032
5. South Korea Computer Monitor Historical Market: Breakup by Size (USD Million), 2018-2023
6. South Korea Computer Monitor Market Forecast: Breakup by Size (USD Million), 2024-2032
7. South Korea Computer Monitor Historical Market: Breakup by Application (USD Million), 2018-2023
8. South Korea Computer Monitor Market Forecast: Breakup by Application (USD Million), 2024-2032
9. South Korea Computer Monitor Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The different types of computer monitors include LCD monitor, LED monitor, and CRT, among others.
The different sizes of computer monitors include small and large.
The different segments considered in the market report are commercial, and gaming, among others.
The key market players are Apple Inc., Samsung Electronics Co., Ltd., LG Corporation, Dell Inc., ASUSTEK Computer Inc., HP Inc., ViewSonic Corporation, VenQ Corporation, Acer Inc., and Razer Inc, among others.
The market is aided by the rapid digitalisation, growing tech-savvy population, and the increasing purchasing power of the middle class.
The key trends guiding the market growth include the rising demand for gaming computers and the increasing interest in e-sports globally.
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