The latest DisplayCast report from European display specialist Meko shows that desktop monitor sales were down by 3.6% compared to the third quarter of 2009.
While sales increased by 12.5% over the previous quarter, they were lower than the same period in 2009, which was generally thought to be a bad year for sales. However, Meko’s analysts expect monitor sales to bounce back in the final quarter of the year, as consumers make purchases which they had delayed, waiting for discounts and offers. They predict that 2010 overall will see modest growth.
The Russian market showed the greatest increases last quarter, but this is unlikely to be sustained in coming months, according to Meko.
In contrast, the French back-to-school market did not perform as well as expected and experienced an overall decline compared to the previous quarter.
The year on year decline did not come as a surprise to the experts at Meko, who had forecast a drop of 3.5%. Azhar Mohd-Hashim, Desktop Monitor Analyst at Meko, added, “These Q3 results are disappointing for the industry as manufacturers would have hoped to improve on 2009’s Q3 figures. However, we still think that this is a short-term drop and expect to see increased activity at the end of this year”.
