The share of organic light-emitting diode (OLED) in the premium gaming monitor market was tallied at about 78%. Analysts said the benefits are concentrated on Korea's corporations such as Samsung Display and LG Display, which are leading the OLED market.
According to market research firm IDC on the 30th, the penetration rate of OLED in the premium gaming monitor market priced at $700 (about 1 million won) or more in the first to third quarters was about 78%. Of about 1.27 million monitors sold in that price range, about 990,000 were monitors equipped with OLED panels.
As OLED began to be adopted in gaming monitors in earnest, the market size is also expanding. In 2023, sales of gaming monitors priced at $700 or more were about 1.09 million units, but the following year they increased 42% to 1.55 million units, and this year (first to third quarters) they grew 22% from a year earlier. The OLED adoption rate rose from 35% in 2023 to 68% in 2024, and to 78% this year (first to third quarters).
With more OLED panel adoption, the intensity of benefits for Korea's display corporations is expected to increase. According to market research firm Omdia, in the first half of this year, Samsung Display held about a 78% share of the monitor OLED market by shipments. LG Display's share was also found to exceed 20%.