The Global Market for Computer Monitors is Projected to Decline to 121.8 Million Units by 2022
Rapid Penetration of Handheld Devices Hamper Demand for PC Monitors, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Computer Monitors market. The global market for Computer Monitors is projected to decline to 121.8 million units by 2022 due to rapid penetration of handheld devices such as smartphones and tablets. The global market for computer monitors is witnessing declines in shipments, constrained largely by the falling desktop PC sales. Major factors aggravating the decline in PC sales include longer PC replacement lifecycles, substitution by smartphones and tablets, and the growing shift towards mobile computing. The emergence of cloud desktop and desktop as a service are changing the future of personal computing and information management by severing the physical hardware tie between the PC and desktop applications. Also...