120HZ Screen Market Size and Forecast

The 120Hz screen market was valued at USD 3.68 Billion in 2022 and is projected to reach USD 14.16 Billion by 2030, growing at a CAGR of 18.25% from 2024 to 2030. The demand for 120Hz screens has been increasing due to the growing adoption of high-end smartphones, gaming devices, and consumer electronics. The rise in consumer preference for smoother visual experiences, particularly in gaming, streaming, and content creation, is driving this market growth. Additionally, the shift toward faster refresh rate displays across various sectors, including entertainment and business, has been contributing to the overall market expansion.

As of 2022, the 120Hz screen technology was widely adopted in premium smartphones and gaming monitors, with applications rapidly growing in televisions and laptops. The market is expected to see further growth in the coming years, with the expansion of 5G networks and the development of next-gen gaming consoles, both of which encourage the need for high refresh rate displays. As manufacturers continue to innovate and integrate this technology into more affordable consumer electronics, the market for 120Hz screens is expected to experience a significant increase in demand, further accelerating the market growth across the forecast period.

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120Hz Screen Market by Application

The 120Hz screen market is rapidly growing, driven by increasing consumer demand for higher refresh rates, which offer smoother visuals, reduced motion blur, and an enhanced overall viewing experience. In this report, we focus on the 120Hz screen market by application, highlighting key subsegments such as PC, mobile phone, TV, and other applications. These applications are gaining popularity across various industries, from gaming to media consumption, providing diverse opportunities for manufacturers and service providers alike.

PC Market

The 120Hz screen segment for PCs is predominantly driven by the gaming industry, where high refresh rates have become essential for an enhanced gaming experience. Gamers require ultra-smooth visuals to fully immerse themselves in fast-paced games, and a 120Hz refresh rate ensures that graphics render without lag or stutter, offering clear, fluid motion during gameplay. Additionally, professional applications such as video editing, animation, and design benefit from the increased frame rate, providing smoother transitions and a more accurate representation of visual content. As the demand for high-performance PCs continues to rise, driven by both gamers and professionals, 120Hz screens are becoming an essential feature in mid-to-high-end monitors, positioning the PC segment as a significant contributor to the overall market.

Furthermore, 120Hz screens in the PC market are also gaining traction in general productivity settings. Professionals who work with detailed visual content, such as architects, engineers, or graphic designers, benefit from the improved display quality offered by these high-refresh-rate screens. The clarity and sharpness provided by 120Hz displays help reduce eye strain during extended use, making them increasingly attractive for those who work long hours in front of a screen. As the technology evolves and more cost-effective 120Hz options emerge, the adoption of high-refresh-rate monitors across various PC applications is expected to grow, expanding the market further.

Mobile Phone Market

The adoption of 120Hz screens in mobile phones has surged, as smartphones are becoming increasingly advanced in terms of display quality and performance. For users, a 120Hz refresh rate provides a much smoother and more responsive touch experience, which enhances daily tasks like scrolling through social media, browsing the web, and interacting with apps. In addition, the gaming community has contributed significantly to the growing demand for 120Hz displays in mobile devices, as mobile gaming titles are becoming more graphics-intensive. A higher refresh rate delivers a seamless gameplay experience by reducing motion blur and ensuring smoother visuals during fast action sequences. This segment continues to expand with flagship models from leading brands integrating 120Hz screens to differentiate themselves from competitors.

In addition to gaming and general use, 120Hz screens are increasingly being incorporated into premium mobile phones for media consumption, such as watching movies, streaming video content, and viewing high-definition images. These screens deliver superior quality and smoother transitions, improving the overall experience for end-users. As technology advances and the cost of manufacturing high-refresh-rate screens decreases, it is anticipated that 120Hz displays will become a standard feature across a wider range of mobile phones, not just premium models, making the mobile phone segment a vital part of the 120Hz screen market.

TV Market

The TV segment of the 120Hz screen market is expanding as consumers demand higher-quality, smoother viewing experiences. A 120Hz refresh rate is particularly beneficial for high-definition content, including sports, action-packed movies, and video games, where fast-moving objects and scenes benefit from the enhanced clarity and fluidity that a higher refresh rate offers. As the shift towards 4K and 8K TVs continues, having a 120Hz refresh rate ensures that viewers can experience a smoother transition between frames, particularly when watching content with rapid motion. High refresh rates are also becoming a must-have feature for consumers looking for the best TV for gaming, as consoles and PC gaming rigs adopt 120Hz output to complement the visual experience.

Additionally, the rise in popularity of streaming services offering ultra-high-definition and 4K content has driven demand for 120Hz TVs that can display these formats without compromising on performance. The advent of technologies like HDMI 2.1 and the integration of higher-refresh-rate support in both TVs and streaming devices are opening new opportunities for the market. As content continues to evolve with higher frame rates, manufacturers are expected to adopt 120Hz screens in a wide variety of TV models, ranging from mid-range to premium products. This trend indicates a growing demand for high-quality, high-performance TVs across different consumer segments, further solidifying the TV segment’s importance in the 120Hz screen market.

Other Applications

The "Other" category in the 120Hz screen market encompasses a wide range of applications beyond PCs, mobile phones, and TVs. One of the key segments

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