Widescreen LCD monitors will grow rapidly over the next five years amid growing video usage and aggressive pricing, iSuppli predicts.

Worldwide sales of widesecreen LCD monitors are set to grow to 146.9 million units by 2011, rising at a compound annual growth rate (CAGR) of 74.3% from only 9.1 million units in 2006, according to iSuppli.

The year 2007 alone will see end-user sales nearly quadruple to 35.8 million units.

Meanwhile, revenues will grow to US$20.9 billion by 2011, rising at a 55% CAGR from US$2.3 billion in 2006. In 2007, revenues will triple to US$6.7 billion. By 2009, widescreen LCD monitors will account for the largest share of the LCD monitor market in terms of revenue and shipments, surpassing traditional-standard displays.

By: DocMemory
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