Industry: Semiconductor Electronics
Published Date: November-2024
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 184
Report ID: PMRREP31336
The portable monitor market is estimated to surge from US$ 231.8 Mn in 2024 to US$ 954.2 Mn by 2031. The market is projected to record a CAGR of 22.4% during the forecast period from 2024 to 2031.
Growth of the market is primarily driven by rising demand for lightweight, high-resolution displays among remote workers, gamers, and business professionals. Gaming applications represent one of the fastest growing segments in the portable computer monitor market. As per reports, about 30% of all portable monitors sold are tailored to gaming, featuring high refresh rates (120Hz or higher) and low response times to enhance gaming experience.
Key Highlights of the Market
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Market Attributes |
Key Insights |
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Portable Monitor Market Size (2024E) |
US$ 231.8 Mn |
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Projected Market Value (2031F) |
US$ 954.2 Mn |
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Global Market Growth Rate (CAGR 2024 to 2031) |
22.4% |
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Historical Market Growth Rate (CAGR 2019 to 2023) |
21.1% |
Asia Pacific is projected to remain dominant and bolster the portable monitor market growth through 2031. This is attributed to the presence of leading electronics manufacturers, particularly in countries like China, Japan, South Korea, and India.
Emerging economies in Asia Pacific like India, China, and Japan are home to some of the world's largest tech companies. They also have a growing demand for 4k portable monitors due to the increasing adoption of mobile devices, gaming, and digital content creation.
Asia Pacific’s well-established manufacturing base allows for cost-effective production, contributing to affordable pricing and broad market penetration. Additionally, rising number of remote workers, students, and professionals in the region, especially in countries like China and India, drives demand for portable, flexible work setups.
The manufacturing industry is one of India's fastest-growing industries due to increasing adoption of industrial automation. In addition, shifting manufacturing environment across multiple verticals and government measures to attract more foreign investments are set to bolster demand. Portable monitors now include features like high-resolution displays and video quality, as well as models in a variety of sizes and weights, which is boosting sales in India.
Germany is dominating in Europe due to the launch of new portable monitors in a variety of specifications that are accessible to all users. The country’s automobile industry is rapidly utilizing rugged displays for Human Machine Interface (HMI) applications and remote monitoring, which is further boosting growth. Growing emphasis on automation and rapid development of IoT industry are further driving demand for portable monitors with stands.
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Category |
Market Share in 2024 |
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Display Technology- LED |
44% |
Based on display technology, the market is divided into LCD, LED, and OLED. Out of these, the LED monitors segment dominates the market. An array of light-emitting diodes is used as pixels in portable LED monitors, which are flat-panel displays. LED monitors are quite popular as these are small, affordable, and facilitate multitasking with high productivity. These are also capable of auto rotation, which is projected to accelerate their demand worldwide.
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Category |
Market Share in 2024 |
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Sales Channel- Online/E-commerce |
55% |
Based on sales channel, the market is classified into online/e-commerce and retail stores. Among these, the online/e-commerce segment dominates the market.
Growing popularity of online shopping, combined with the convenience it offers, is one of the key drivers behind the segment’s dominance. Consumers prefer purchasing portable monitors online due to the ease of comparing prices, reading reviews, and accessing a wide variety of products.
E-commerce platforms such as Amazon, eBay, and AliExpress provide an extensive selection of portable monitors from various manufacturers. These enable consumers to find the best deals and products that suit their needs.
The rise of remote work, gaming, and digital content creation has led to increased online sales of portable dual monitors. Additionally, the ability to easily ship products globally has helped e-commerce platforms reach consumers in both developed and emerging markets. The flexibility of payment options, attractive discounts, and fast delivery are key factors that make online shopping the preferred choice for several consumers.
The term ‘portable monitor’ refers to a display that can be linked to any laptop, desktop, or cell phone. These are a more portable and lightweight alternative to external monitors. These are considered an ideal choice for those who need a large screen display.
The adoption of wireless portable monitors with cutting-edge capabilities and features, such as USB connectivity, audio jack, and battery saving mode is anticipated to boost growth. Currently, these monitors are available in sizes appropriate for both household and commercial use. The high-resolution display and video quality of these monitors make them more appealing to the gaming community.
Touchscreen technology is being incorporated into travel monitors to improve user experience. Availability of various sizes and cutting-edge features will likely raise their adoption in the coming years. Portable monitors do not have any significant functional defects. However, one of the primary factors limiting their demand is the high cost when compared to conventional monitors.
The portable monitor market experienced significant growth from 2019 to 2023 at a CAGR of 21.1%. It was driven by rising demand for flexible working environments as well as launch of new gaming and entertainment solutions.
Growth was also fueled by a rise in remote work and the surging trend of multitasking, as users sought additional screen space without the burden of bulky monitors. Key players like ASUS, AOC, and ViewSonic capitalized on this trend with innovative, slim, lightweight designs as well as various connectivity options like USB-C and HDMI.?
The market is set to continue rising at a CAGR of about 22.4% from 2024 to 2031. This growth is anticipated to be especially high in regions like North America and Europe, while Asia Pacific is likely to witness rapid adoption due to its booming technology sector?.
Another factor contributing to the market's bright future includes the increasing use of portable monitors in professional, educational, and gaming contexts. Innovations in display technologies such as OLED and LED are further anticipated to create new opportunities.
Ease of Handling and Portability Features to Augment Sales
One of the main factors influencing portable monitor sales is their ease of handling and portability. They are also simple to store and take up little space. Another factor driving demand is the extremely low power consumption of these displays due to their USB power source, which also results in very little power waste.
Demand is further being driven by several significant industry trends. These include how compact and lightweight the monitors are as well as how simple it is to connect them to most electronic devices. Several companies are introducing innovative portable screens for laptops to extend their product ranges and attract a large consumer base. For instance,
Boom of Remote Work Culture Worldwide to Accelerate Demand
Rising remote work culture and growing trend of flexible work arrangements have markedly impacted the travel monitor for laptop industry. As more professionals work remotely or embrace flexible hours, the need for a productive and efficient work environment has become critical. An issue remote workers encounter is the restricted screen space on laptops or other portable devices. This constraint can impede productivity and obstruct multitasking abilities.
To tackle this issue, remote workers and frequent travelers are moving toward portable monitors as a remedy. These monitors offer an auxiliary screen that can be effortlessly linked to laptops, tablets, or smartphones. These enable users to broaden their display and establish a dual-monitor configuration. This additional screen space facilitates multitasking, permitting users to operate various applications or documents concurrently, thereby improving productivity. Several companies are also coming up with new monitors for remote workers to gain a competitive advantage. For example,
Compatibility and Connectivity Issues May Hinder Adoption
Despite innovations, compatibility issues still need to be solved in the portable monitor market. These monitors often rely on USB-C or Thunderbolt connections, which are only sometimes available across all devices, especially older models.
Users with laptops or devices lacking compatible ports may face limitations or require additional adapters, diminishing the ease of use that portable monitors are meant to provide. This connectivity issue hinders user experience and affects potential adoption rates as customers weigh the cost of additional adapters or upgraded devices.
Some portable monitors may encounter performance limitations when connected to different devices, such as lag in screen response or low-resolution display. These issues can discourage users from relying on them for high-performance tasks. These compatibility and connectivity challenges highlight an area where market players must innovate for a more universally accessible solution.
Manufacturers to Target the U.S. and U.K. to Broaden Customer Base
Due to the significant presence of various manufacturers in the country, the U.S. currently has the largest market for large portable monitors. There is a tremendous growth in the demand for new monitors for a variety of end uses, including residential, commercial, and industrial.
Key companies across the globe are anticipated to use continuous product innovation as their primary strategy to broaden their client base and market share. Manufacturers based in developed countries like the U.S., U.K., and Germany are committed to bringing technical developments and affordable monitors across the nations. For instance,
It is estimated that the key market participants will lead the portable monitor market by launching new products and broadening their presence internationally. The novel business strategy of key companies is to collaborate with other firms involved in digital technologies and digital transformation. It would enable them to improve their portable display products and increase sales.
AOC, for instance, recently introduced the AIC 16T2 portable USB-C touch screen monitor, which features a 15.6-inch IPS touch panel, FHD resolution, and an 8000mAh battery. ViewSonic Corporation also announced a collaboration with TUV SUD to evaluate a color blindness feature in monitors. It has two modes, namely, a simulation mode for designers to provide a color blindness-friendly experience and a color filter mode for individuals with color vision defects.
Recent Industry Developments
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Attributes |
Details |
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Forecast Period |
2024 to 2031 |
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Historical Data Available for |
2019 to 2023 |
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Market Analysis |
US$ Million for Value |
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Key Regions Covered |
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Key Market Segments Covered |
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Key Companies Profiled in the Report |
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Report Coverage |
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Customization and Pricing |
Available upon request |
By Screen Size
By Display Technology
By End User
By Sales Channel
By Region
To know more about delivery timeline for this report Contact Sales
The market is estimated to be valued at US$ 954.2 Mn by 2031.
The market is estimated to exhibit a CAGR of 22.4% over the forecast period.
Dell, Acer Inc., and MSI are the leading manufacturers.
The monitors last between three and five years.
Portable monitors usually have a size of 13.3 to 17.3 inches.
