Publication date: 27 Sep 2024
IDC Finds Global Gaming PC Market Recovered in Q2 2024, Fueled by Notebooks and Monitors
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For more information, contact:- Michael Shirer Email: press@idc.com Phone number: 508-935-4200
- Jay Chou Email: jchou@idc.com Phone number: 650-350-6464
NEEDHAM, Mass., September 27, 2024 – At approximately 10.6 million units shipped, gaming PCs saw a modest year-over-year recovery of 2.4% in the second quarter of 2024 (2Q24). Despite economic uncertainty that continues to affect key markets like China, inventory replenishment and favorable comparisons against a rough 2023 led to the first positive quarter since the first quarter of 2022. At the same time, gaming monitor growth remained robust in 2Q24. Monitor shipments reached nearly 6.5 million units and grew 35% year-over-year as promotions and aggressive upstart vendors fueled the fifth consecutive quarter of year-over-year gaming monitor growth, according to the International Data Corporation (IDC) Worldwide Quarterly Gaming Tracker.
"Excluding economic challenges, the lull in gaming PCs has also been driven by a lack of exciting hardware and investments from both consumers and suppliers in adjacent markets such as handhelds," said Jitesh Ubrani, research manager for IDC's Worldwide Mobile Device Trackers. "Even with further market recovery in the coming quarters, the volume of gaming PCs will remain below that seen in 2021 as some consumers use other methods of gaming in conjunction with or instead of traditional gaming PCs."
"Gaming monitors hit a couple milestones in the second quarter," said Jay Chou, research manager for IDC's Worldwide Client Devices Trackers. "The 6.5 million units shipped is the highest on record since IDC began tracking in the market in 2016. In addition, the share of gaming within the total monitor market hit a record 20%. Continued price declines and diverted budgets from a slowing gaming PC landscape also helped. The average gaming display is now well below $300."
IDC forecasts the gaming market for PCs and monitors will recover in 2024, after unit contractions in both 2022 and 2023. Gaming volume is expected to hit 69.3 million in 2024, or 9% higher than 2023. Gaming desktops, a key segment for high-end gaming and monitors, is expected to recover in 2025 as new GPUs land in stores. Gaming penetration is also expected to take an increased share going forward, with gaming taking 20% of the total PC and Monitor market by 2028.
Notes:
- Gaming Monitors are defined as monitors with a refresh rate of at least 144 Hz.
- Gaming PCs are defined as PCs with gaming-grade GPUs such as RTX 4050.
IDC's Worldwide Quarterly Gaming Tracker gathers detailed market data in over 90 countries. The research includes historical and forecast trend analysis among other data.
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International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.
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