The computer monitors and projectors market in France stood at 2.5022 million units in 2023. Over the past decade, the market has experienced fluctuations with noteworthy peaks in 2016 and 2020, primarily due to increased demand driven by advancements in display technology and remote working trends. Year-on-year variations highlight significant growth spurts and declines, such as a notable 11.18% increase in 2016 followed by a substantial drop of 13.56% in 2017. The market demonstrated a capacity for recovery, experiencing an 11.91% rise in 2020.
Reviewing the last two years, the market saw a minor 0.83% increase from 2022 to 2023. Analyzing the CAGR over the past five years, the market shows an average annual growth of 0.79%, indicating a relatively stable but slow growth trend.
Looking ahead, the forecasted data suggests a conservative growth trajectory with a 5-year CAGR of 0.62%, projecting the market size to reach approximately 2.6018 million units by 2028. The market is expected to grow by about 3.14% over this period.
Future Trends to Watch:
• Continuation of remote working and learning trends increasing demand for both monitors and projectors.
• Technological advancements like higher resolutions (4K/8K) and OLED displays driving replacement cycles.
• Growing interest in immersive displays and virtual reality enhancing the market for specialized monitors and projectors.
