Korea Smart Monitor Stand Market

Dec 2019| VMF006A| Verified Market Research

Report Highlights

Korea Smart Monitor Stand Market Size By Connectivity, By Material, By Capacity And Forecast

According to Verified Market Research, The Korea Smart Monitor Stand Market was valued at USD 11.13 Million in 2018 and is projected to reach USD 15.08 Million by 2026, growing at a CAGR of 4.21% from 2019 to 2026.

 

Smart monitor stands are support functions for smart monitors. It assists in maximizing your desk space by making space beneath the monitor or computer. Smart monitor stand also offers enhanced productivity since the users do not end up fumbling with the USB cables. It is primarily made of aluminium alloy, glass, and wood and can be adjustable to fit the desired height. It prevents sliding on surfaces due to its padded feet. A smart monitor stand creates a comfortable space in a working environment. It does come with an additional port for headphone jacks, charger, USB, bells, and whistles that are making attraction to the main consumer in South Korea.

Increasing demand for smart monitor stand is driven by several factors including better cable management, benefit of addition ports for microphone, USB, and headphone. Manufacturers of smart monitor stands are consistently focusing on enhancing the product features and allowing higher productivity in home and office setups. Further, increasing consumer spending across Korea on smart appliances along with higher adoption of technologically advanced products is significantly contributing to the increased growth of the Smart monitor stand market. Moreover, increasing demand for the monitor is likely to augment the demand for smart monitor stands during the forecast period since monitors are expanding their roles to multi-media players, TV, and speakers. Moreover, rising disposable incomes per capita along with a desire to obtain work-life balance among consumers in Korea has led to increased demand for smart monitor stands.

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