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DisplaySearch's Annual LCD Monitor Strategy Report Projects LCD Monitors to Overtake CRT Monitors in 2004 | |
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| Time: 12:36 EST/17:36 GMT | News Source: Business Wire | Posted By: Fred Fernandez | ||
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DisplaySearch's LCD Monitor Strategy Report indicates that LCD monitors are expected to grow at a 49% CAGR [compound annual growth rate] from 2001 to 2006, reaching 113 million units and an 82% share of the desktop monitor market. LCD monitors are expected to overtake CRT monitors on a revenue basis in 2002, on a unit basis in 2004, outselling them more than 5 to 1 in 2006. Conversely, CRT monitors are expected to decline at a 24% CAGR per year to 22 million units and a 16% share. | ||
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