The global monitor arm market size is anticipated to reach USD 2.1 billion by 2030, expanding at a revenue-based CAGR of 4.1% over the forecast period, according to a new report by Grandview Research, Inc. Monitor arms are designed to support display screens such as computer monitors, TV, and notebooks. Monitor arm allows the user to move the monitor screen as per their convenience. Rising demand for computers for residential use is driving the market growth. According to the International Telecommunication Union (ITU), around 48% of the households across the world had computers in 2018, as compared to 46% in 2015. This upsurge is due to increasing adoption of computers for residential purpose in developing countries such as China and India. The demand for computers is anticipated to rise over the coming years owing to growing adoption of curved monitors.
Televisions are mounted on wall and ceiling using monitor arms in various commercial and residential locations. Increasing demand for television sets is also expected to fuel the demand for monitor arms. For instance, as per the data published by India Brand Equity Foundation (IBEF) in December 2019, the market size for televisions in India was USD 10.2 billion in 2019 and is expected to reach USD 14.7 billion by 2022. Furthermore, rising disposable income coupled with increasing number of internet users, is also anticipated to boost the demand for desktop computers and laptops, thereby resulting in the market growth.
Rising investments in healthcare infrastructure is also projected to positively impact the demand for monitor arms. In the healthcare sector, wall mount and ceiling mount monitor arms are preferred as they ensure enhanced performance and efficiency. Several manufacturers are focusing on providing superior quality products to reduce efforts during installations to enable smooth handling. Added features such as hidden cable arrangement and attached facility for keyboard and mouse with monitor arms are an essential factor for product differentiation.
The rising number of internet users is expected to drive the monitor arm market during the forecast period. According to ITU, in 2017, 49.0% of the world’s population had access to the internet as compared to 41.5% in 2015. This number is projected to rise over the coming years considering various initiatives taken by the government of developing economies to promote digitalization. For instance, in 2015, the government of India launched Digital India campaign in which the government’s services are provided to the citizens through improved online infrastructure.
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The growth of the market can be attributed to the strong emphasis on pursuing ergonomic workplace practices and the niche role monitor arms can play toward this end by offering flexibility in screen positioning to reduce strain on the neck, back, and eyes.
Organizations are opting for monitor arms to provide ergonomic working setups to enhance employee well-being and productivity, aligning with the growing demand for healthier work environments, particularly in developed economies, where labor laws and corporate social responsibility initiatives prioritize ergonomic workstations. The outbreak of the COVID-19 pandemic, which accelerated the remote work trend, also played a vital role in driving the demand for monitor arms as professionals prioritized ergonomic home office setups.
The rising integration of advanced technologies in office furniture is also driving the growth of the monitor arm industry. Monitor arms are evolving with features, such as built-in cable management systems, USB ports, and adjustable weight support, catering to users with varying screen sizes and functionalities. As businesses digitize and workplaces become more technology-centric, the need for seamless, adaptable solutions grows, and monitor arms play a decisive role toward this end. The shift toward dual- and multi-monitor setups, particularly in healthcare, IT, finance, and creative industries, makes monitor arms more significant. These advancements enhance workplace aesthetics and efficiency and align with the broader trend of smart, tech-enabled office environments.
The increasing emphasis on employee comfort and productivity fuels organizations' and individuals' adoption of monitor arms. These devices provide flexible positioning options, allowing users to find the perfect viewing angle and height for their screens. This capability helps reduce strain on the body and improves overall posture, promoting a more comfortable and productive working experience.
The monitor arm market has experienced significant growth in recent years, driven by the increasing adoption of ergonomic solutions across workplaces and home offices. Monitor arms are essential tools that enable users to adjust their screens' height, tilt, and angle, thereby promoting better posture and reducing strain on the neck, back, and eyes. As the demand for flexible and customizable workspaces rises, monitor arms are becoming indispensable in both professional and personal settings.
