PCMonitor updates: With the rise of tablets and smartphones, many people stopped paying attention to the PC monitor market a long time ago. While you may not know the first thing about this market and which companies are major players, you don’t want to turn your cheek just yet.
According to a recent report by IDC, Dell Inc. (NASDAQ:DELL) has taken over the top position in the worldwide PC monitor market during the second quarter of 2013. This is a huge victory for Dell, Michael Dell and the rest of the company, as the company was able to move past Samsung for the first time since 2007.
When you compare the number of PC monitor shipments to devices such as tablets and smartphones, you may wonder how long the market has left. However, there is still a large group of people buying monitors, including both individual consumers as well as businesses.
Total shipments during the quarter were 33.5 million units. Of this, Dell was able to capture the top spot by shipping five million units.
Not only was Dell able to take over the top spot, but it did so by increasing its shipments instead of sitting back and waiting for the competition to falter.
According to Jennifer Song, Research Analyst, Worldwide Trackers at IDC, “Dell grew its unit shipments by 12.7% compared to the first quarter of 2013, which vaulted the company into the number one position worldwide.”
Although you may feel a bit sorry for Samsung, being that the company was top dog for just about six years, you can wipe that frown off your face.
Despite declining shipment numbers, Samsung held onto the top spot in terms of overall revenue. And as you know, it is all about the money.
Who is buying PC monitors? If you live in the United States, you may have a hard time understanding who is buying PC monitors at the present time. Song added that the China market remains the largest, with a 29.2 percent share. This market is followed by the United States at 18.4 percent share.
Congratulations once again to Dell for rising to the top of the PC monitor market during the second quarter of 2013. With 14.9 percent of the market, the company is in good position moving forward.
Do you think Dell will hold onto the top spot for the first of 2013? Will the company eventually be able to overtake Samsung for the revenue lead as well? Share your thoughts on the PCMonitor world in the comment section below, and check out how Twin Capital Management and Fairfax Financial Holdings are trading the stock.