Asus and Dell are also significant competitors, each holding a 14% market share and offering premium OLED options, including Asus's notable PG27AQDM model.

Overall, OLED monitors are gaining popularity, with shipments projected to reach 1.44 million units by the end of 2024, marking a remarkable 181% increase from the previous year.

The surge in OLED gaming monitors has been particularly notable in 2023, supported by strong sales data.

The introduction of new 31.5-inch OLED models has been highlighted as a key factor driving this growth in the market.

One of the main advantages of OLED monitors is their ability to achieve near-infinite contrast ratios, significantly surpassing the contrast levels of traditional LCDs.

Despite their advantages, OLED technology does come with drawbacks, including a finite lifespan and potential burn-in issues.

Looking ahead, the future of OLED monitors appears promising, especially in terms of gaming performance and overall image quality.

TrendForce predicts that quantum dot OLEDs will dominate the market, with 73% of OLED monitors sold in 2024 expected to be QD-OLEDs.

LG, another major player in the OLED market, is anticipated to hold a 19% market share, although it faces challenges with its WOLED technology.

The success of Samsung's 49-inch models and ongoing product launches are key factors contributing to its projected market dominance.

MSI is experiencing rapid growth in the OLED monitor sector, expected to finish fifth in the market with an 11% share.

Samsung is leading the OLED monitor market with its innovative QD-OLED technology, projected to capture a significant 31% market share this year.