OLED Monitor Market Predicted to Surge to $1 Billion by 2025 as LG Innovates in Gaming Technology
Hardware/Tech

OLED Monitor Market Predicted to Surge to $1 Billion by 2025 as LG Innovates in Gaming Technology

The OLED monitor market is forecasted to expand significantly, as LG introduces advanced gaming technology aimed at achieving enhanced screen brightness for gamers.

Will your next gaming monitor be OLED?

Back in January, we reported on a claim from LG that fully 22% of gaming monitors “sold today” are OLED panels. Now LG has clarified that the market for OLED PC monitors will grow from just $75 million in 2022 to over $1 billion in 2025. Additionally, LG plans to introduce its latest, much brighter TV OLED tech to PC monitors.

That $1 billion figure is a forecast and plausible; LG mentions that analyst firm Omdia estimates the OLED monitor market will be at $793 million in 2024, with OLED accounting for about 13.3% of the gaming monitor market.

Though both the 13.3% figure and the previous claim of ongoing sales at 22% sound high, the reality may be more nuanced given the prevalence of affordable 27-inch 1440p OLED panels in the Chinese market, which often aren’t readily available in Western markets.

In essence, LG has revealed that OLED technology adoption is occurring faster in the monitor market compared to the television sector.

Moreover, LG highlighted that “Korean companies” dominate the OLED monitor panel market, controlling 99.8% of the total volume, with LG and Samsung leading the charge. However, LG refrained from naming Samsung directly or revealing market share comparisons, potentially suggesting a competitive edge for Samsung’s QD-OLED technology in the PC market.

As the demand for OLED monitors grows, it’s anticipated that the prices will continue to drop. Currently, entry-level branded OLED monitors are priced about half of what they were at the first launch in 2022.

This trend assures that LG and Samsung’s latest, more advanced panel technologies will find their way to the PC market more rapidly.

Next article

Nvidia Discontinues 32-Bit PhysX Support in RTX 50-Series GPUs

Newsletter

Get the most talked about stories directly in your inbox

Every week we share the most relevant news in tech, culture, and entertainment. Join our community.

Your privacy is important to us. We promise not to send you spam!