Q1 global PC monitor shipments beat projections, but still dip
Downward momentum for screen market continues, according to IDC figures
Worldwide PC monitor shipments totalled nearly 33.7m units in the first quarter of 2014, a year-on-year decline of 0.4%, according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker.
IDC expects worldwide shipments to continue on their current trajectory, slipping to 106m units for the full year 2018.
"Despite the overall decline, the shipment totals were stronger than the forecast of 31m units," said Phuong Hang, programme director, Worldwide Trackers at IDC. "Geographically, Japan and the Middle East and Africa (MEA) regions delivered the largest gains during the first quarter while Dell and HP both experienced solid shipment growth."
LED backlight technology adoption continues to increase with a new high of 92% market share in Q1 2014. This represents a year-on-year increase of 16.4%. Screen sizes of 21.x-inches wide have held the largest worldwide share for the past six quarters, with 20.5% share in Q1 2014. Aspect ratios of 16:9 continue to dominate with 81.3% market share, which is 6.5 times the second most widely used Aspect ratio of 16:10.
Touch screen monitors are still a small segment of the total PC monitor market at 0.4% share, with sales mostly in the US at 32.8% of the total. HP holds a 35.1% share of the US market.
Dell maintained its number-one position in Q1 2014 with worldwide market share of 14.9% on shipments of 5m units. Japan and Western Europe delivered the biggest gains for Dell with 32.4% and 14.7% quarter-over-quarter growth respectively, while the US market remained essentially flat.
Samsung regained the number-two position from last quarter in terms of total units shipped, and maintained the top position in terms of total revenue with $1.11bn in Q1 2014. Its revenue represents an 18.4% share of total market value.
Despite being ranked number three worldwide, HP holds the number-one position in Canada and number-two in the US. HP posted 8.9% year-on-year growth for the quarter.
LG maintained its number-four position and continues to be the number-one PC monitor vendor in Latin America with 33% share. It also achieved a new high in unit shipments of 3.5m in Q1 2014.
Lenovo rounded out the top-five vendor ranking in Q1 2014, buoyed by its number-one position in Asia/Pacific (excluding Japan)(APeJ) with 2m units. Lenovo's biggest gains in the quarter were in Japan and Western Europe with 16.6% and 5.3%, respectively.