From 2012 to 2022, the computer monitors and projectors market volume per capita in Spain showed a trend of overall growth with slight fluctuations. The year 2012 started at 0.028 percent per capita, gradually increasing to a peak of 0.037 in 2015. The volume slightly decreased in 2016 and stabilized around 0.034-0.035 between 2017 and 2020. A notable drop occurred in 2021, with values decreasing to 0.031, followed by a minor rebound to 0.032 in 2022.
The year-on-year variations for the last two years (from 2020 to 2022) show a negative trend. The market saw a decline around 11% in 2021, but had a marginal recovery of approximately 3.2% in 2022. Over the last five years, the Compound Annual Growth Rate (CAGR) indicates a slightly negative average annual variation, reflecting market volatility and possible saturation.
For 2023, the market volume per capita stood at approximately 0.033 percent, indicating a slight upward trend after the previous year's recovery.
Moving forward, it is crucial to watch for trends such as increasing integration of advanced technologies like OLED and 4K displays in monitors, a potential uptick in demand due to remote work and learning, and possible market saturation leading to slower growth rates.
