Market analyst firm TrendForce expects OLED monitor shipments to quadruple this year and double next year to exceed 1 million units annually as new sizes are launched.
After a few decades of LCD technology being the only option for PC monitors, there is finally a fair selection of OLED monitors from different brands available on the market, and consumers are beginning to take notice
- "TrendForce reports that the ever-expanding dimensions of OLED products, combined with the ambitious plans of several top-tier brands, mean that 2023 could see OLED monitor shipments hitting a staggering 508,000 units—an astronomical YoY surge of 323%."
OLED monitors in 2024
Some of the OLED monitors and sizes destined for 2024 have already been revealed or leaked, and we can expect 32, 34, and 39-inch OLED monitors as well as the first 360Hz QD-OLED monitors.
As a result, TrendForce expects the OLED monitor market to soar further in 2024.
- "Come 2024, the OLED landscape will be richer with more diverse product sizes and specifications. Add to that the debut of the 27-inch and 31.5-inch OLED panels by two leading Korean panel makers, and the arena is set for a showdown. Such dynamics are predicted to catapult OLED monitor shipments past the coveted one million unit threshold."
Source: TrendForce, Oct 2023
LG, Samsung leading the pack
According to the report, Samsung and LG are on track to each take a little over one-fourth of the market in the second half of 2023. Dell's market share is hovering around 20%, and Asus' share is nearing 9%.
Also read: Why text looks bad on the new OLED and QD-OLED monitors
In 2023, sales of 34-inch OLED monitors will make up around 37%, 27-inch monitors an estimated 32%, 49-inch monitors 14%, and 45-inch monitors 10%.
- "Casting an eye toward 2024, TrendForce anticipates 27-inch monitors to widen their footprint, emerging as the star player among OLED products. Furthermore, with both Samsung Display and LG Display bolstering the production of their 31.5-inch OLED offerings, this size might just see its market share leapfrogging over 10% in the coming year," said TrendForce.
OLED monitors are currently available from brands such as AOC, Asus, BenQ, Corsair, Dell, LG, MSI, Philips, and Samsung. All panels are produced by LG Display and Samsung Display.
