Global 4K Display Resolution Market
Posted: May 25, 2019
Global 4K Display Resolution Market is estimated at USD 35.75 Billion in 2016 and is expected to reach USD 225.67 Billion by 2024, at a CAGR of 25.9% between 2017 and 2024. (Detailed analysis of the market CAGR is provided in the report)
The proliferation of electronic devices, rising tech enthusiasm, and shifting consumer preferences are the major factors driving the growth of the 4k display market. Additionally, advantages offered by the 4K display such as superior quality and blur-free image, high-quality video recording are fueling the growth of 4K display market.
However, High costs of 4K TVs, lack of compatibility with existing resolution formats, and high initial investment are the key factors restraining market growth. Furthermore, the increase in bandwidth which leads to storage requirement while streaming 4k display resolution pictures and videos is a major factor hindering the 4K display market growth.
Further key findings from the report: • From the application segment, entertainment and consumer electronics segment is anticipated witness highest CAGR between 2017 and 2024, owing to factors such as enriched entertainment opportunities and better gaming experience. The release of 4K-enabled consoles to offer a more immersive and advanced gaming experience by some of the major console manufactures is further expected to drive the market for this segment • 4K display market for smart TVs and smartphones & tablets is expected to anticipate for the largest share of the overall 4K display market. Technological advancement and the advent of new trends is anticipated to fuel the growth of 4K display market • Among the geographical regions, APAC is anticipated to dominate the Global 4K Display Resolution Market. Falling unit prices of these 4K TVs in the region and burgeoning middle-class population are the major driving factors for growth of 4K display market. Countries in APAC such as China, South Korea, and Japan account for a major share of 4K display market in this region. Key Highlights: • Analysis of competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Global 4K Display Resolution Market • The objective of the report is to provide a detailed analysis of the Global 4K Display Resolution Market on the basis of product type, resolution, formats, application, and geography • Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Analysis of the Global 4K Display Resolution Market with respect to individual growth trends, prospects, and contribution to the total market • Segment wise business performance detailed in the report will be worthwhile for the organizations willing to enhance its business • Provides detailed information regarding the major factors influencing the growth of the Global 4K Display Resolution Market (drivers, restraints, opportunities, and challenges) • This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business Years that have been considered for the study are as follows: • Base Year – 2016 • Estimated Year – 2017 • Forecast Period – 2017 to 2024 For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered Research Methodology The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at global market value for Global 4K Display Resolution Market.Key Players in the Global 4K Display Resolution Market Are:
AJA Video Systems • Canon Inc. • AU Optronics Corp. • Innolux Corporation • Eizo Corporation • Marseille Networks Inc. • Panasonic Corporation • LG Electronics • Planar Systems Inc. • Red Digital Cinema Camera Company • Samsung Electronics Co. Ltd. • Pointgrab Ltd. • Sony Corporation • Sharp Corporation
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things,