OLED Monitor Sales Are on Track to Sell Over 1.3 Million Units by the End of the Year after Selling 200,000 in Q1, according to Report

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Image: Samsung

A new report from Trendforce indicates that OLED monitor sales are on track for a record-setting year following a stellar first quarter. As OLED display technology continues to mature, its adoption within the gaming monitor segment is growing. According to the report, it has already seen a 121% YoY growth in Q1 24. Having already sold roughly 200,000 units, OLED monitor sales are on track for projected figures. They are expected to double by midyear, and then peak at over 1.34 million units moved by the end of the year.

If projected sales are achieved then 2024 would see a 161% YoY growth from 2023. Momentum is expected to continue into 2025 with forecasted sales nearly doubling to around 2.3 million units expected to be sold. Estimated increases are expected to be driven by introducing new models, competitive promotions, and investments in panel manufacturing.

Trendforce Sales Data (per Q1 24 report):

Samsung has, so far, dominated 2024 with 36% of the market share. Having created a new industry niche product with its 49″ panels that provide users with a dual monitor experience in a single display, Samsung has managed to further its presence there with OLED options and is expected to launch new 27″ and 31.5″ OLED models in the second quarter. Dell and LG occupy 2nd and 3rd place with respective 21% and 19% market shares. ASUS trails at just 10% and MSI is currently tied with the remaining OLED monitor sellers at 7% each.

While Trendforce’s total sales estimates could end up being accurate it wouldn’t be a surprise if market shares among the various monitor manufacturers change a bit before the year’s end. As each manufacturer releases new models, adjusts prices for older inventory, and new promotional offers are unveiled, the market share landscape could change significantly.

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Peter Brosdahl
As a child of the 70’s I was part of the many who became enthralled by the video arcade invasion of the 1980’s. Saving money from various odd jobs I purchased my first computer from a friend of my dad, a used Atari 400, around 1982. Eventually it would end up being a lifelong passion of upgrading and modifying equipment that, of course, led into a career in IT support.

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