Report Overview
IPS monitors, short for In-Plane Switching monitors, are a type of LCD monitor known for their superior color accuracy, wider viewing angles, and better color reproduction compared to other types of monitors. These monitors are widely used in graphic design, photo and video editing, gaming, and other professional applications where color accuracy is crucial. IPS monitors are positioned as premium products in the monitor market due to their high-quality display capabilities.
The current market size for IPS monitors in 2023 is estimated at approximately USD 5.6 billion. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.8% from 2024 to 2032, reaching a projected value of USD 9.4 billion. This growth can be attributed to several key drivers and market forces.
One of the primary growth drivers for IPS monitors is the increasing demand for high-quality displays in various industries such as design, gaming, and entertainment. As content creation and consumption continue to rise, there is a growing need for monitors that can deliver accurate colors and sharp images. Additionally, the proliferation of high-definition content and the shift towards 4K and even 8K resolutions are driving the demand for IPS monitors.
Another significant factor fueling the market growth is the rising popularity of eSports and online gaming. Gamers are increasingly looking for monitors that offer fast response times, smooth motion handling, and vibrant colors, all of which are key strengths of IPS technology. The gaming industry’s rapid expansion and the growing number of professional gamers are boosting the sales of IPS monitors.
In terms of market trends, one notable trend is the increasing adoption of ultrawide and curved IPS monitors. These monitors provide an immersive viewing experience and are particularly favored by gamers and content creators. The demand for ultrawide and curved IPS monitors is expected to continue growing as consumers seek more engaging and immersive displays.
Another trend is the integration of advanced technologies such as High Dynamic Range (HDR) and Adaptive-Sync in IPS monitors. HDR technology enhances the contrast and color accuracy of displays, providing a more lifelike viewing experience. Adaptive-Sync technologies like AMD FreeSync and NVIDIA G-Sync help eliminate screen tearing and stuttering, improving overall gaming performance.
In terms of regional market distribution, North America and Europe are currently the leading markets for IPS monitors. These regions have a high concentration of tech-savvy consumers, creative professionals, and gaming enthusiasts who value high-quality displays. The dominance of these regions can be attributed to factors such as higher disposable incomes, technological advancements, and a strong presence of key market players.
In conclusion, the market for IPS monitors is poised for steady growth driven by increasing demand for high-quality displays in various industries, the rise of eSports and online gaming, and the adoption of advanced display technologies. As the market continues to evolve, manufacturers should focus on innovation, product differentiation, and catering to the specific needs of different consumer segments to maintain a competitive edge in the dynamic monitor market.
This report provides a deep insight into the global IPS Monitor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global IPS Monitor Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the IPS Monitor market in any manner.
Global IPS Monitor Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
LG
LG Display
Samsung
Sony
Japan Display
Panasonic
AU Optronics
Acer
BOE
Chi Mei Optoelectronics
Asus
Market Segmentation (by Type)
Under 24 Inch
24 to 30 Inch
Above 30 Inch
Market Segmentation (by Application)
Home Use
Commercial Use
Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the IPS Monitor Market
• Overview of the regional outlook of the IPS Monitor Market:
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the IPS Monitor Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market’s competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter’s five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.