Shipments of OLED monitors are expected to increase by 323% in 2023 and will exceed 1 million units in 2024.

CTOnews.com, October 12 (Xinhua) according to the latest research by TrendForce Jibang Consulting, shipments of OLED monitors are estimated to reach 508000 units in 2023, an increase of 323% over the same period last year. As the sizes and specifications of OLED products will be more abundant in 2024, coupled with the launch of 27-inch and 31.5-inch OLED products from two Korean panel factories, the competition will tend to be fierce, which is expected to further promote OLED monitor shipments of more than one million units.

At present, the OLED displays on the market basically use LG and Samsung OLED panels, such as the Samsung 34-inch OLED display and the LG 27-inch OLED display shown above.

As previously reported by IT House, both LG and Samsung will launch more sized OLED displays next year. The LG Display roadmap shows 31.5 -, 34-and 39-inch OLED panels on the way. Samsung will introduce 27-inch 2K 360Hz and 32-inch 4K 240Hz OLED panels.

TrendForce Jibang Consulting estimates that the 27-inch OLED display will be the largest size in the market share of OLED products, while the 31.5-inch OLED product has a chance of having a market share of more than 10% next year.