LG predicts a boom in OLED monitors: the market will grow to $1 billion in 2025
OLED monitors are becoming increasingly popular among gamers and professionals due to their high image quality. LG has released a new financial forecast, which predicts that the OLED monitor market will grow from $75 million in 2022 to more than $1 billion in 2025.
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This reflects the growing consumer interest in these displays, despite their higher price compared to traditional monitors such as IPS and VA.
OLED monitors deliver vivid and accurate colours as well as rich blacks, making them ideal for gamers and professionals who want a high-quality image.
Support for the technology from LG, as well as competitors such as Samsung and MSI, is helping to drive OLED adoption in the market.
Increased competition in the OLED monitor market is driving down prices, making these displays more affordable for many consumers. In addition, manufacturers are introducing new features that help reduce the risk of image burn-in, which used to be a serious problem for users.
As a result, the growth in OLED monitor sales could change the way users interact with the technology, improving their experience in gaming and professional activities. Samsung and MSI are also making headway with QD-OLED panels that offer improved brightness. However, lesser-known Chinese brands also offer cheaper OLED options.
LG and other companies are actively investing in this technology to meet consumer demand.
Source: PC Gamer
