Increased demand for PCs and gaming monitors is here to stay, research finds
The latest update to IDC’s Worldwide Quarterly Gaming Tracker, which tracks and forecasts global gaming sales, was updated last week. Forecasts revealed that gaming PCs (a category that includes both desktops and laptops) and gaming monitors are expected to show five-year compound annual growth rates (CAGRs) of 4.8%. and 13.2% between 2020 and 2025. For the second quarter of 2021 alone, saw an increase of 19.3% in both categories.
Global interest in gaming hardware has been increasing rapidly since 2020, reaching a record in March. The boredom induced by the pandemic has drawn more novice gaming enthusiasts, while those already familiar with the game world may have found it easier to swallow the high cost of computer hardware given the cancellation trips and evenings in town. For the first time, North America and Western Europe overtook Asia and the Pacific as the largest market for PCs and gaming monitors. Shipments of gaming hardware soared to $ 55 million. units in 2020, an increase of 26.9% compared to 2019.
It may also be that more people are in the computer monitor market in the first place. As a significant portion of the global workforce moves away, more and more companies offer their employees ‘home work allowances’ or the possibility of being reimbursed for home office expenses up to a certain amount. Reimbursable expenses are usually limited to items like keyboards, desks, office chairs, and computer monitors, and when you suddenly have several hundred dollars to spend on office equipment, it’s hard not to miss. not splurge on something that will work well after work hours too. . It’s a bit like the pandemic office shortage, but more fun.
Now, the IDC predicts that the combined gaming PC and monitor markets will grow from $ 43 billion in 2020 to over $ 60 billion in 2025. Despite massive components shortage which is rendering GPU and other PC parts almost impossible for the average person to acquire, gambling is an interest that is expected to gain ground in Katamari style over the next few years.