IDC: PC monitor shipments fell faster than ever before last quarter

18.3 percent fewer PC monitors were shipped in the fourth quarter of 2022 than in the same quarter of 2021. Since IDC started tracking the numbers in 2008, so few monitors have been shipped in a quarter.

Just over 30.5 million monitors were delivered last quarter, reports IDC based on figures from the five largest PC monitor manufacturers. This means the total annual decline is 5.9 percent compared to 2021. The research agency attributes this to the ‘challenging macro environment’. During the height of the corona pandemic, monitor sales skyrocketed due to many people working from home, but now that people are gradually working more in the office again, demand is plummeting, IDC reasons.

Dell managed to sell by far the most monitors last year and has a market share of around 22 percent. The four other manufacturers are more evenly matched, but last quarter HP took second place, followed by Lenovo, the Chinese TPV and finally Samsung, with all four having a market share of between 10 and 13 percent.

IDC expects the market to shrink by another 9.8 percent this year due to ‘deteriorating economic conditions’, but that small growth will return in 2024. Then approximately the same number of monitors must be supplied as before the pandemic. The research agency expects increasing growth after 2024, partly due to the higher installed base as a result of more people starting to work hybrid and the growth in gaming monitors.