New Delhi: The global gaming market for PCs and monitors is poised for significant growth, with a projected reach of 69.3 million this year, marking a 9 percent increase from 2023. This promising trajectory, as outlined in a new report, is set to significantly enlarge the market’s scope.
Reassuringly, the International Data Corporation (IDC) forecasts a recovery for gaming desktops, a key segment for high-end gaming and monitors, in 2025 as new GPUs make their way into stores.
Gaming penetration is also expected to increase, with gaming accounting for 20 percent of the total PC and Monitor market by 2028.
In the second quarter this year, about 10.6 million units were shipped, as gaming PCs saw a modest year-over-year recovery of 2.4 percent.
The growth of gaming monitors has been particularly robust, with shipments reaching nearly 6.5 million units and a staggering 35 percent year-over-year growth.
According to Jitesh Ubrani, research manager at IDC, excluding economic challenges, the lull in gaming PCs has also been driven by a lack of exciting hardware and investments from both consumers and suppliers in adjacent markets such as handhelds.
Even with further market recovery in the coming quarters, the volume of gaming PCs will remain below that seen in 2021 as some consumers use other methods of gaming in conjunction with or instead of traditional gaming PCs, he added.
Looking forward, the gaming market for PCs and monitors is expected to bounce back in 2024, following unit contractions in both 2022 and 2023, as per the IDC’s projections.
Jay Chou, research manager at IDC, said that gaming monitors hit a couple milestones in the second quarter this year.
In addition, Chou explained that gaming’s share of the total monitor market hit a record 20 percent as continued price declines and diverted budgets from a slowing gaming PC landscape helped.
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–IANS
