2024 is anticipated to be a promising year for the gaming industry, with a recent report suggesting a potential rebound for Gaming PCs. Alongside this trend, Gaming Monitors are also expected to maintain their upward trajectory in the market. Let's delve into the details.
Gaming PC Outlook and the Surge of Gaming Monitors
Shipments of gaming PCs experienced a decline in 2023, mirroring the overall PC market's performance. Notably, the gaming sector witnessed a significant drop of over 13 percent last year. In contrast, gaming monitors managed to evade this decline, showing a robust growth of 20 percent during the same period. According to an IDC report, 2024 might witness a resurgence in the gaming product landscape.
Positive Projections for Gaming PCs and Monitors
Rebounding from the setbacks faced in 2023, Gaming PCs are forecasted to exhibit a modest 1 percent growth. This growth is primarily driven by the notebook segment within the PCs category. Concurrently, gaming monitors tailored for the gaming community are expected to witness a substantial 13.6 percent increase during this period. The report highlights that sustained demand has been a key factor in supporting gaming PCs despite the prevailing global economic conditions.
Rise in Popularity of Gaming Peripherals
As gaming continues to gain momentum as a popular pastime, peripherals such as gaming monitors are experiencing a surge in demand. The reduction in prices has made these products more affordable for a broader consumer base. Gaming monitors featuring attributes like a 165Hz refresh rate, response time of 1ms or less, and higher resolutions such as 1440p (2K) are now more accessible to gamers. With the decreasing cost of monitors, the prices of gaming PCs, particularly notebooks, are on the rise, with the average selling price reaching $1,101.