The world of gaming is experiencing a revolution thanks to the rapid rise of OLED displays. While these stunning monitors have been around for a few years, 2024 marks a significant turning point, with new panel technology driving improvements in brightness, text clarity, and affordability. The result? An explosion of OLED gaming monitors, with seemingly countless models to choose from.
According to a recent report by TrendForce analysts, the OLED monitor market is poised for explosive growth. The report predicts that by the end of 2024, OLED monitor shipments will reach a staggering 1.44 million units, representing a massive 181% year-over-year surge. This phenomenal growth includes all OLED displays, not just those specifically designed for PC gaming.
Samsung’s QD-OLED: Dominating the Market
The driving force behind this growth is Samsung’s QD-OLED technology. Samsung Display is aggressively expanding production, and numerous brands are embracing QD-OLED technology. The report forecasts that QD-OLED’s share of the overall OLED monitor market will skyrocket from 53.5% in 2023 to a dominant 73% in 2024. This dominance will inevitably lead to a decline in LG’s WOLED market share, which is projected to fall to 26% by the end of the year.
MSI’s Rapid Ascent
The report also highlights the impressive performance of MSI in the OLED market. MSI has aggressively expanded its OLED lineup, resulting in the highest growth rate across all categories. This rapid expansion has propelled MSI into the top five OLED brands, placing them alongside industry giants like ASUS and Dell. This achievement is particularly noteworthy given the fierce competition in the market.
Sustained Growth on the Horizon
TrendForce emphasizes that the 181% year-over-year growth in OLED monitor shipments is not a one-off phenomenon. The market is expected to continue its rapid expansion in the coming years, driven by ongoing technological advancements and increasing affordability. This means that gamers can look forward to even more innovative and compelling OLED displays in the future.
To delve deeper into the exciting world of modern OLED display technology, be sure to check out Jak’s recent reviews. His insights will provide a comprehensive understanding of the latest advancements and innovations in this rapidly evolving field.