Gaming monitor sales plummet in 2022, but will recover in 2023

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Gaming monitor sales plummet in 2022, but will recover in 2023

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We are in a complicated hardware market, with some components very expensive and others falling in price. We now know the situation of the data display screen market, which also fell significantly in sales. According to TrendForce, the sale of gaming monitors in 2023 recorded a drop of about 13%.

This situation of falling component sales is obvious and is directly related to COVID-19. During this period, many new systems were sold, all driven by teleworking and distance training. A scenario that generated a requirement that no longer exists and in which the forced renewal process has already been completed.

Collapse (also) of the sale of gaming screens

As a first information, indicate that the sale of this device suffered the first decline since 2016. According to the report, 19.8 million gaming monitors were sold in 2022, a decrease of 13% compared to the previous year. Of course, this situation will be reversed this year, according to the data revealed in the report.

TrendForce reported that by 2023, a distribution of 20.8 million units is expected. It assumes a recovery of this market by 5%. Note that the report highlights three recovery factors:

  • manufacturers are replace its models with 75Hz refresh rates per models above 100 Hz
  • For the third quarter of 2023, the Hangzhou Asian Games and that would mean increase in demand and, therefore, the sale of systems and peripherals
  • China lifted restrictions after COVID-19, so the demand for internet cafes is expected to pick up gradually

This report also gives us data on the types of panels most in demand on the market. TrendForce tells us the following:

  • The bone AV monitors were the best sellers in 2022, with a 51% of fees market
  • Very close are the IPS monitors with a 43.4% share
  • The bone TN monitors represent the 5% of sales totales
  • Finally, the OLED monitors represent the 0.6% of total sold. It is estimated that in 2023 these monitors will reach a share of 1.6%

The report reveals another interesting thing and that is that IPS monitors could compete with VA monitors. IPS-type monitors are gaining market share through lower prices.

LG 27GQ50F-B gaming monitor

Also refresh rate data

Let’s move on to another aspect of the report that we find interesting, such as the refresh rate. The report highlights the most common among panels for gaming monitors. These are:

  • Refresh rate between 165Hz and 180Hz: 51.9%
  • Refresh rate between 120Hz and 160Hz: 32.5%
  • Refresh rate above 200Hz: 11.7%
  • Refresh rate up to 100Hz: 3.9%

The report also indicates that the refresh rate between 165 Hz and 180 Hz, as well as those up to 100 Hz will increase significantly in sales in 2023. Note that the 120 Hz and 160 Hz models will be replaced by those between 165 Hz and 180 Hz. This is because the price difference is quite small.

gaming monitor resolution size

Three excellent gaming monitors for every budget

We want to finish with three interesting solutions with different prices, sizes and resolutions. There are three fairly inexpensive proposals with refresh rates of 144Hz or higher. These are:

LG Ultra Gear 27GQ50F-B

We start with a very interesting LG gaming monitor that has a VA panel and which has a size of 27 inches. This monitor is based on the 1080p resolution, which as you well know is the most popular among gaming fans according to Steam. This monitor has a refresh rate up to 165Hz and features AMD FreeSync Premium.

We leave you the Amazon option and there is also the UltraGear 27GQ50F-B for 223.98 dollars at MediaMark

Xiaomi Mi Curved 34″

If 1080p isn’t in your plans and you want something more, this is definitely the best option. This monitor has an IPS type panel and a size of 24 inches with a curvature of 1500R. This monitor uses 1440p resolution with a 144Hz refresh rate compatible with AMD FreeSync. It has excellent connectivity, with two HDMI 2.0 connectors and two DisplayPort 1.4 connectors.

You can buy it on Amazon and there is also the Xiaomi Mi Curved 34″ for 433.20 dollars at MediaMarkt.

BenQ MOBIUZ EX2710U

You might want to take the big leap and go for the best image quality possible. We bring you this 27-inch IPS panel monitor from BenQ. This gaming monitor offers us a 4K resolution with a refresh rate of 144 Hz. It adds AMD FreeSync Premium and also VRR, to complement it with the PS5. As a curiosity, this monitor has a remote control for its management and configuration.

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