PC Monitors & Projectors - Belize

In 2024, the PC Monitors & Projectors market in Belize generated a revenue of US$1.3m.
The market is projected to experience an annual growth rate of 2.62% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, China leads the market with a revenue of US$8.4bn in 2024.
In terms of per capita income, each individual in Belize contributed US$3.15 to the PC Monitors & Projectors market in 2024.
By 2029, the market volume is expected to reach 10.4k pieces units.
Additionally, the PC Monitors & Projectors market is predicted to exhibit a volume growth of 2.1% units in 2025.0.
The average volume per person in the PC Monitors & Projectors market in Belize is estimated to be 0.0pieces units in 2024.
Despite being a small market, Belize showcases a growing demand for PC monitors and projectors, driven by the increasing adoption of technology in the country.

Definition:

PC monitors and projectors are display devices used to view computer-generated images and video. PC monitors are standalone screens that are designed to be used with desktop or laptop computers, while projectors are devices that can project an image onto a larger screen or surface. PC monitors come in various sizes and resolutions, from small monitors for basic use to larger, high-resolution screens for professional work and gaming. Projectors are commonly used for presentations, home theater systems, and gaming. Both devices can connect to a computer using a cable or wirelessly, allowing for flexible use and placement.

Additional Information:

The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Sony, Panasonic, Samsung, LG, and Philips. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.

Monitors and Projectors made to be used with computers

TV Monitors and projectors
Other devices incorporating a screen (e.g. laptops)

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on electronic and digital devices used privately either for entertainment (televisions, game consoles, smart speakers, etc.), communication (telephones, smartphones, etc.) or home-office activities (printers, copiers, etc.).

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, number of internet users, smartphone penetration rate, household number and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.