A new market study was released by Growth Market Reports on July 26th. In this piece, it was projected that the global gaming monitor market would be worth $11.884 billion by 2027.
The research also showed that the global gaming monitor market was valued at $1.6599 billion in 2019. As a result of this analysis, this study projects the global market will grow at a rate of 26.1% between 2019 and 2027.
“Fast refresh rates, quick response time, sharp moving images, and sync enhancements set gaming monitors distant from regular monitors,” the report reads. “The gaming monitor market is projected to grow significantly during the forecast period, owing to rising interest in online gaming tournaments, growing internet penetration, technological advancements, and increasing demand for e-sports among millennials.”
The American gaming market is reportedly worth $36.92 billion. Meanwhile, the Canadian gaming sector is currently valued at $3.05 billion.