4K Display Resolution Market Report 2023, And forecast Till 2028
IMARC Group has recently released a new research study “4K display resolution Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of 4K display resolution market?
The global 4K display resolution market size reached US$ 82.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 266.3 Billion by 2028, exhibiting a growth rate (CAGR) of 21.35% during 2023-2028.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What is a the 4K display resolution?
4K display resolution enables users to see details that are not visible in any other video format and has four times as many pixels as high definition (HD). It offers a wider color space, an improved dynamic range (DR), a high frame rate (HFR), and as much depth as three-dimensional (3D) screens. Nowadays, 4K cameras and displays are becoming more affordable, compact, and user-friendly. As a result, 4K display resolution finds extensive applications in the defense, aerospace, education, retail, and media and entertainment industries across the globe.
What are the major market drivers in a 4K display resolution Market?
The global 4K display resolution market is primarily driven by the rising traction of flat-screen television (TVs). Moreover, the emerging applications of 4K display resolution in the healthcare industry for medical imaging, as it provides more depth, perspective, and rich detail than regular HD, are positively influencing the market growth. Additionally, there has been a rise in the use of 4K projectors and displays by medical professionals to interact with simulated patients as it creates a virtual environment and more realistic training opportunities. In line with this, the rising reliance on smartphones has catalyzed market growth.
Besides this, the surging adoption of telemedicine that allows healthcare professionals to evaluate, diagnose, and treat patients remotely using telecommunications technology is propelling market growth. Furthermore, the introduction of 4K-enabled consoles that provide a more immersive and advanced gaming experience is contributing to the market growth. Other factors, including the escalating demand for unique consumer experiences with highly defined pixel quality, rising sales of consumer electronics, and increasing advertising expenditures, are also anticipated to create a positive market outlook.
Who Are The Major Key Players in 4K Display Resolution Market?
AU Optronics Corp., Boe Technology Group Co. Ltd., Canon Inc., EIZO Corporation, Haier Group Corporation, Innolux Corporation, Koninklijke Philips N.V., LG Electronics Inc. (LG Corporation), Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation and Sony Group Corporation.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product Type:
- Monitor
- Smart TV
- Smartphone
- Others
Breakup by End User:
- Aerospace and Defence
- Business and Education
- Entertainment and Media
- Retail and Advertisement
- Others
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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