Q2 China's PC monitor shipments were 6.24 million units

IDC released a report saying that in the second quarter of 2022, China's PC monitor shipments were 6.24 million units, a year-on-year decrease of 22.2%.

Among them, the commercial market shipped 3.32 million units in the second quarter, down 29.9% year-on-year. Political and educational orders were significantly reduced, and the political and educational market fell by 41.1% year-on-year; the budget of major customers was reduced, down 26.3% year-on-year; small and medium-sized enterprises faced pressure to survive, down 23.5% year-on-year.

The report pointed out that the consumer market shipped 2.92 million units in the second quarter, down 11.1% year-on-year. The 618 mid-year promotion stimulated consumer demand to a certain extent, which led to a slight recovery of the consumer market in the second quarter, especially the online sales of local brands maintained growth.

In terms of high refresh rate monitors, the Chinese market shipped 1.03 million monitors with a refresh rate of ≥144Hz in the second quarter, a year-on-year increase of 45.6%.

In terms of curved displays, the market size continued to shrink. In the second quarter, only 500,000 curved displays were shipped in China, a year-on-year decline of 16%, a drop of nearly 50% compared to the second quarter of 2020, which was the largest in history. On the other hand, thanks to the efforts of the main suppliers of curved surfaces, the size of the curved e-sports market have grown for the first time after six consecutive quarters of decline, with an increase of 2.4% in the second quarter.

IDC expects that China's display shipments will drop by 18.9% in 2022. On the one hand, corporate purchases have decreased due to the impact of the macroeconomy; on the other hand, consumers' willingness to shop has declined. Although the market demand is suppressed in the short term, with the gradual stabilization of the epidemic and the successive introduction of policies to stimulate consumption in various provinces, the display market will slowly recover in the next few years.