LCD monitor revenues to exceed US$20 billion predicts IDC

According to IDC, LCD revenues will exceed US$20 billion in 2003, surpassing traditional CRT monitors for the first time.

  • E-Mail
By  Greg Wilson Published  March 13, 2003

The days of bulky CRT monitors are numbered, as budget LCD monitors gain momentum in the market. According to analyst group, IDC, LCD revenues will exceed US$20 billion in 2003, surpassing traditional cathode ray tube (CRT) monitors for the first time ever.

The shift toward LCD displays helped the worldwide PC monitor market squeeze out 0.7% growth from 2001 to 2002 in challenging economic conditions.

Meanwhile, the outlook for the worldwide PC monitor market continues to brighten. Improving economies, a bump in PC growth, and continued price declines will all contribute to a 4.8% increase in total shipments in 2003.

"As LCD prices continue to drop, PC vendors will increasingly bundle these monitors with PCs,” says Jennifer Gallo, analyst for IDC’s PC Displays and Projectors research service.

“Since many users don’t truly understand the benefit to CRTs, such as colour reproduction, response times, and resolution options, the transition to LCDs will be fairly seamless,” she adds.

Price erosion is also causing a shift in popular monitor sizes. In the recent past it was widely thought that 15-inch monitors would lead the future market for LCDs, which will be true through 2004.

However, predicts IDC, by 2005 the market will shift and 17-inch will be the form factor of choice. In the upcoming years 19-inch displays will become increasingly available and popular, surpassing today’s 18-inch models.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code