Research shows a surprising decline of PC monitor sales

Dec 20, 2021 15:21 GMT  ·  By

The global madness that took us by surprise last year caused a massive demand for electronics, so the sales of pretty much any piece of equipment skyrocketed overnight pretty much because the majority of people started working remotely.

A report from IDC reveals that sales of PC monitors just recorded the first decline since this total craze started, as the sales of such equipment dropped 7.2 percent in the third quarter of the year versus the same period a year ago.

“While many countries, especially in the emerging economies of Asia/Pacific, continued to show solid demand and fulfilled backorders, key markets in North America and Western Europe saw sizable contractions mainly due to a degree of softening in consumer demand,” IDC explains.

“As a result, third quarter shipments were just over 34.8 million units, declining 7.2% over the same quarter a year ago (3Q20). Moreover, although improved in some respects, supply and logistical challenges persisted from previous quarters, which further cramped a market that was already facing rising prices due to cost pressures.”

Dell still the king of the PC monitor castle

Dell continues to be the number one company worldwide with a growth of 20.6 percent when it comes to the Q3 2021 vs. Q3 2020 comparison. Dell therefore sold 7.6 million units, enough to capture a market share of 22 percent. Lenovo was the runner-up in the carts with 4.2 million units and a growth of 6.9 percent, while TPV recorded a massive 30.1 percent drop and declined to 3.9 million units.

HP’s PC monitor sales also went down a massive 21 percent, so the company now secured a market share of just 10.7 percent. Samsung ended up being ranked fifth with a market share of 8.3 percent after recording a drop of 8.1 percent.